Sunday, April 24, 2011

DailyMarkets.com - Forex – GBP/JPY Up In Asian Trading Hours

DailyMarkets.com - Forex – GBP/JPY Up In Asian Trading Hours


Forex – GBP/JPY Up In Asian Trading Hours

Posted: 24 Apr 2011 04:55 PM PDT

Forex Pros – The British Pound was higher against the Japanese Yen on Sunday.<br/><br/> GBP/JPY was trading at 135.77, up 0.43% at time of writing.<br/><br/> The pair was likely to find support at 133.79, Tuesday&rsquo;s low, and resistance at 135.96, Thursday&rsquo;s high.<br/><br/> Meanwhile, the British Pound was up against the U.S. Dollar and the Euro, with GBP/USD gaining 0.24% to hit 1.6548 and EUR/GBP falling 0.06% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Week In Review

Posted: 24 Apr 2011 03:57 PM PDT

The stock market had a strong week last week with the Nasdaq leading the way up 2.01% for the week.  Semiconductors (up 4.10%) and Oil Services (up 3.38%) were the two best performing sectors last week.  Silver once again led commodities higher closing up 8.40% for the week.  Silver is now up 23.72% for the month and less than 4% off its biggest monthly gain since May of 2009 when it closed up 27.2% for the month.
The financial markets are clearly benefiting from the ongoing … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – NZD/USD Up During The Asian Session

Posted: 24 Apr 2011 03:50 PM PDT

Forex Pros – The New Zealand Dollar was higher against the U.S. Dollar on Sunday.<br/><br/> NZD/USD was trading at 0.8024, up 0.09% at time of writing.<br/><br/> The pair was likely to find support at 0.7822, Tuesday&rsquo;s low, and resistance at 0.8038, Friday&rsquo;s high.<br/><br/> Meanwhile, the New Zealand Dollar was down against the Australian Dollar and up against the Euro, with AUD/NZD gaining 0.10% to hit 1.3406 and EUR/NZD falling 0.13% … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – GBP/USD Up During The Asian Session

Posted: 24 Apr 2011 03:30 PM PDT

Forex Pros – The British Pound was higher against the U.S. Dollar on Sunday.<br/><br/> GBP/USD was trading at 1.6522, up 0.08% at time of writing.<br/><br/> The pair was likely to find support at 1.6231, Tuesday&rsquo;s low, and resistance at 1.6599, Thursday&rsquo;s high.<br/><br/> Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 0.07% to hit 0.8814 and GBP/JPY rising 0.13% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – USD/JPY Down In Asian Trade

Posted: 24 Apr 2011 03:00 PM PDT

Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Sunday.<br/><br/> USD/JPY was trading at 81.82, down 0.08% at time of writing.<br/><br/> The pair was likely to find support at 81.62, Thursday&rsquo;s low, and resistance at 83.10, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.001% to hit 1.4562 and GBP/USD rising 0.07% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – EUR/USD Up During The Asian Session

Posted: 24 Apr 2011 02:25 PM PDT

Forex Pros – The Euro was higher against the U.S. Dollar on Sunday.<br/><br/> EUR/USD was trading at 1.4564, up 0.01% at time of writing.<br/><br/> The pair was likely to find support at 1.4206, Tuesday&rsquo;s low, and resistance at 1.4648, Thursday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.11% to hit 0.8810 and EUR/JPY rising 0.01% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Gold C-wave Tops And US Dollar Crashes

Posted: 24 Apr 2011 10:32 AM PDT

From the inception of gold’s secular bull market in 2001, gold has completed 6 ABCD wave patterns which I have graphically detailed on my website. This precious metal is now in the final process of completing its 7th C-wave which characteristically concludes with parabolic bravura.

Click on the chart to ENLARGE

I thought it would be interesting to examine the concluding weeks of the preceding 6 C-waves for some insight into how our current situation might play out, and I decided to use … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Portfolio Gridlock, Diagnosis And Treatment

Posted: 22 Apr 2011 06:11 PM PDT

The word “gridlock” has several peripheral definitions. Perhaps the best definition for this post is from Webster’s New World Dictionary which defines gridlock as “a complete lack of movement or progress resulting in a backup or stagnation; any obstructed condition or impasse”.

Does this condition exist in your investment world? If the answer is yes, rest assured you are not alone. I have floated the investment gridlock condition to disparate individual investors over the past month. The … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


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