DailyMarkets.com - Forex Trading: GBP/JPY Finding Hourly Support Near 135.70

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• Forex Trading: GBP/JPY Finding Hourly Support Near 135.70
• Forex – Swiss Franc Touches Record High Against Weaker Greenback
• Singapore Monetary Authority Tightens Monetary Policy
• Forex – EUR/GBP Eases Off 5-month High, Rate Outlook Supports
• European Stocks Drop On Financials, Techs; DAX Down 0.3%
• Swiss ZEW Economic Expectations Improve Significantly In April
• Forex – Dollar Down Across The Board, Weighed By Fed Outlook
• Gold’s Consistent Long Term Trend
• Forex – GBP/USD Hits 3-day High As U.K. Consumer Confidence Rebounds
• Forex – Broadly Weaker Dollar Slips To 2-week Low Against Yen
• USD/CHF Fundamental Analysis For April 14, 2011
• Forex – NZD/USD Hits 5-month High On Asian Growth Hopes
• GBP/USD Fundamental Analysis For April 14, 2011
• Forex – AUD/USD Up, Boosted By Reports Of Upbeat Chinese Data
• Asia Stocks Mixed As Exporters Gain; Nikkei Adds 0.13%
• Forex – Euro Close To 15-month Peak Vs. Dollar On Rate Outlook
• Bear Of The Day: Campbell Soup Co. (CPB)
• Growth & Income Stock: Marsh & McLennan Companies, Inc.
• Bull Of The Day: Tesoro Corporation (TSO)
• Momentum Stock: Travelzoo, Inc.
• Aggressive Growth Stock: Rubicon Technology, Inc.
• Forex Trading: USD/CAD Testing Tredline Support
• Forex – EUR/USD Up During The Asian Session
• EUR/USD Technical Analysis For April 14, 2011
• USD/CHF Technical Analysis For April 14, 2011
• USD/JPY Technical Analysis For April 14, 2011
• USD/CAD Technical Analysis For April 14, 2011
• NZD/USD Technical Analysis For April 14, 2011
• GBP/JPY Technical Analysis For April 14, 2011
• GBP/CHF Technical Analysis For April 14, 2011
• GBP/USD Technical Analysis For April 14, 2011
• EUR/GBP Technical Analysis For April 14, 2011
• AUD/USD Technical Analysis For April 14, 2011
• Oil Technical Analysis For April 14, 2011
• Natural Gas Technical Analysis For April 14, 2011
• Gold Technical Analysis For April 14, 2011
• USD/CAD Fundamental Analysis For April 14, 2011
• EUR/USD Fundamental Analysis For April 14, 2011
• Natural Gas Fundamental Analysis For April 14, 2011
• Gold Fundamental Analysis For April 14, 2011
• Forex – GBP/USD Up In Asian Trade
• Crude Oil Fundamental Analysis For April 14, 2011
• Forex News – JPMorgan Earnings Fuel Optimism In Stock Market, While Dollar Weakness Push Commodities Higher.
• Forex – EUR/CHF Up In Asian Trading Hours
• Forex – USD/CHF Down During Asian Trade
• Forex – EUR/GBP Down During The Asian Session
• Forex – USD/JPY Down During Asian Trade
• EUR/CHF Technical Analysis For April 14, 2011
• Forex – USD/CAD Up In Asian Trading Hours
• Forex – AUD/USD Down During Asian Trade
• Forex – EUR/USD Down During The Asian Session
• Discover Is A Buy
• Forex – EUR/JPY Down During Asian Trade
• Lives, Destroyed
• Crude Oil Selling Likely To Resume, Gold To Find Support On Inflation Bets
• Forex – GBP/JPY Down During The Asian Session
• Forex Notes: USD-Weakness Assessment In The USDX, EUR/USD, GBP/USD And USD/JPY

Forex Trading: GBP/JPY Finding Hourly Support Near 135.70 Posted: 14 Apr 2011 02:59 AM PDT Sterling is lower across the board (along with the euro) as we await the arrival of U.S. markets. Seen below, the GBP/JPY pair has tested 135.70 multiple times since yesterday but has not been able to secure a close below (which could signal further bearish movement). Also note trendline resistance which appears to be … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Swiss Franc Touches Record High Against Weaker Greenback Posted: 14 Apr 2011 02:57 AM PDT Forex Pros – The Swiss franc touched a record high against the broadly weaker U.S. dollar on Thursday, as expectations that the Federal Reserve will trail other central banks in tightening monetary policy hurt the greenback.<br /><br />USD/CHF hit 0.8895 during European morning trade, the pair&rsquo;s all time low; the pair subsequently consolidated at 0.8957, down 0.25% on the day.<br /><br />The pair was likely to find support at 0.8895, the day&rsquo;s low … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Singapore Monetary Authority Tightens Monetary Policy Posted: 14 Apr 2011 02:52 AM PDT The Monetary Authority of Singapore said it would “re-centre the exchange rate policy band upwards”, effectively tightening monetary policy. The Monetary Authority explained the move saying that “This policy will ensure price stability in the medium term while keeping growth on a sustainable path,”. The Authority also said that “Amidst conditions of abundant global liquidity, the domestic three-month interbank rate has eased further since end-October last year to 0.44%.” Singapore saw economic … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/GBP Eases Off 5-month High, Rate Outlook Supports Posted: 14 Apr 2011 02:25 AM PDT Forex Pros – The euro eased off a five-month high against the pound on Thursday, after a report showing a rebound in U.K. consumer confidence but the single currency remained well supported by expectations for fresh euro zone rate hikes this year.<br /><br />EUR/GBP hit 0.8849 during European morning trade, the pair&rsquo;s lowest since Tuesday; the pair subsequently consolidated at 0.8855, shedding 0.25%.<br /><br />The pair was likely to find support at 0.8821, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

European Stocks Drop On Financials, Techs; DAX Down 0.3% Posted: 14 Apr 2011 02:19 AM PDT Forex Pros – European stock markets were down on Thursday, as losses in the financial and technology sectors weighed, while U.S. futures indexes pointed to a lower open on Wall Street. <br /><br />During European morning trade, the EURO STOXX 50 slumped 0.75%, France&rsquo;s CAC 40 slipped 0.55%, while Germany’s DAX 30 shed 0.3%.<br /><br />Shares in the financial sector were broadly lower, tracking losses from their U.S. counterparts on Wednesday after U.S. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Swiss ZEW Economic Expectations Improve Significantly In April Posted: 14 Apr 2011 02:14 AM PDT Forex Pros – Economic sentiment in Switzerland improved significantly in April, data showed on Thursday.<br /><br />In a report, the Centre for European Economic Research (ZEW) said its indicator of economic sentiment improved to 8.8 in April, compared to a reading of -13.5 in March.<br /><br />A reading above 0.0 on the indicator indicates optimism, while a score below 0.0 indicates pessimism.<br /><br />Following the release of the data the Swiss franc … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Dollar Down Across The Board, Weighed By Fed Outlook Posted: 14 Apr 2011 01:37 AM PDT Forex Pros – The U.S. dollar was down against all of its major counterparts on Thursday, as expectations that the Federal Reserve will continue to keep monetary policy loose spurred increased demand for higher yielding assets.<br /><br />During European morning trade, the greenback was down against the euro, with EUR/USD rising 0.21% to hit 1.4473.<br /><br />The dollar&rsquo;s losses came after data on Wednesday showed that U.S. retail sales rose … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gold’s Consistent Long Term Trend Posted: 14 Apr 2011 01:35 AM PDT The slogan "the trend is your friend" was created for a reason.  People tend to agree more often than disagree with their friends.  Aligning yourself with the long term trend means you are choosing to agree with the wisdom of the market. Good friends typically help each other out too, and when you trade with the trend you let the market help you choose the correct direction to align your long term investments with. There's numerous trend following strategies, but one of my … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Hits 3-day High As U.K. Consumer Confidence Rebounds Posted: 14 Apr 2011 01:07 AM PDT Forex Pros – The pound rose to a three-day high against the broadly weaker U.S. dollar on Thursday, boosted by a report showing that U.K. consumer confidence rebounded from a record low in March.<br /><br />GBP/USD hit 1.6364 during European morning trade, the pair&rsquo;s highest since Monday; the pair subsequently consolidated at 1.6347, gaining 0.48%.<br /><br />Cable was likely to find support at 1.6236, Wednesday&rsquo;s low and resistance at 1.6425, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Broadly Weaker Dollar Slips To 2-week Low Against Yen Posted: 14 Apr 2011 12:52 AM PDT Forex Pros – The yen climbed to a two-week high against the broadly weaker U.S. dollar on Thursday, as expectations that the Federal Reserve would stick to its loose monetary policy weighed on the greenback.<br /><br />USD/JPY hit 83.28 during early European trade, the pair&rsquo;s lowest since April 1; the pair subsequently consolidated at 83.48, shedding 0.41%.<br /><br />The pair was likely to find support at 83.11, the low of April 1 and resistance at 84.26, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/CHF Fundamental Analysis For April 14, 2011 Posted: 14 Apr 2011 12:47 AM PDT By ForexMansion.com   The USD/CHF fluctuated within a tight range on Wednesday as haven demand dropped on the franc with the improving sentiment that sent equities, commodities and high yielding currencies higher to compensate for the past two days of losses. Investors shifted their focus towards signs of continued global recovery with rising industrial production in Europe and the ninth consecutive gain in US retail sales. The positive sentiment eased the plight for the haven of the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – NZD/USD Hits 5-month High On Asian Growth Hopes Posted: 14 Apr 2011 12:16 AM PDT Forex Pros – The New Zealand dollar climbed to a fresh five-month high against its U.S. counterpart on Thursday, as early media reports of upbeat Chinese economic data and strong growth figures from Singapore boosted hopes for growth in the region.<br /><br />NZD/USD hit 0.7956 during late Asian trade, the pair&rsquo;s highest since November 5; the pair subsequently consolidated at 0.7924, gaining 0.41%.<br /><br />The pair was likely to find support at 0.7823, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GBP/USD Fundamental Analysis For April 14, 2011 Posted: 14 Apr 2011 12:15 AM PDT By ForexMansion.com   The GBP/USD traded with high volatility on Wednesday after the mixed UK jobs figures. The sentiment was generally positive in the market and that powered sterling to rise versus the dollar before stabilizing as uncertainty prevails. Unemployment unexpectedly dropped in the United Kingdom in the three months ending February to 7.8% from 8.0% which offset the unexpected rise in unemployment benefits which was attributed to the change in benefit rules that increased … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Up, Boosted By Reports Of Upbeat Chinese Data Posted: 13 Apr 2011 11:59 PM PDT Forex Pros – The Australian dollar was higher against its U.S. counterpart on Thursday, boosted after media outlets in Hong Kong reported upbeat Chinese economic data a day ahead of the official release.<br /><br />AUD/USD hit 1.0545 during late Asian trade, the pair&rsquo;s highest since Monday; the pair subsequently consolidated at 1.0525, gaining 0.19%.<br /><br />The pair was likely to find support at 1.0427, Wednesday&rsquo;s low and resistance at 1.0580, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Asia Stocks Mixed As Exporters Gain; Nikkei Adds 0.13% Posted: 13 Apr 2011 11:51 PM PDT Forex Pros – Asian stock markets were mixed on Thursday, amid speculation China would introduce monetary tightening measures, while shares in Japanese exporters were boosted by the outlook for export earnings.&nbsp; <br /><br />During late Asian trade, Hong Kong’s Hang Seng Index shed 0.45%, South Korea’s Kospi Composite climbed 0.9%, while Japan&rsquo;s Nikkei 225 Index edged 0.13% higher. <br /><br />In Hong Kong, shares in the financial sector were broadly … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Euro Close To 15-month Peak Vs. Dollar On Rate Outlook Posted: 13 Apr 2011 11:37 PM PDT Forex Pros – The euro was close to a 15-month high against the U.S. dollar on Thursday, after Wednesday’s U.S. retail sales data and the Federal Reserve&rsquo;s Beige Book report reiterated the view that the Fed will lag the European Central Bank in tightening policy.<br /><br />EUR/USD hit 1.4514 during late Asian trade, the daily high; the pair subsequently consolidated at 1.4513, gaining 0.49%.<br /><br />The pair was likely to find support at 1.4376, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bear Of The Day: Campbell Soup Co. (CPB) Posted: 13 Apr 2011 11:05 PM PDT Campbell Soup Co. (NYSE:CPB) posted second-quarter 2011 earnings of $0.71 that remained in line with the Zacks Consensus Estimate but declined 4% from the prior-year period. Due to sluggish demand in the U.S., the sales of U.S. Soup, Sauces and Beverages division and North America Food Services division inched down 4% and 1%, respectively. Moreover, Campbell is highly leveraged, which could adversely affect its credit worthiness and make it more susceptible to macro-economic factors and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Growth & Income Stock: Marsh & McLennan Companies, Inc. Posted: 13 Apr 2011 11:05 PM PDT Estimates have been rising for Marsh & McLennan Companies, Inc. (NYSE:MMC) since the company reported solid Q4 results. Earnings per share came in at 41 cents, beating the Zacks Consensus Estimate by 5%. MMC offers investors both growth and income. The stock yields an attractive 2.9%, and analysts project 13% EPS growth in 2011 and 14% growth in 2012. Marsh & McLennan is a diversified risk, insurance and professional services firm. Fourth Quarter Results The company reported its results … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bull Of The Day: Tesoro Corporation (TSO) Posted: 13 Apr 2011 11:05 PM PDT Supported by continued favorable trends in the refining industry, along with its initiatives to improve reliability and reduce operating costs, we are maintaining our Outperform recommendation on Tesoro Corp. (NYSE:TSO) shares. We are optimistic about the sector given the improvement in economic activity overseas and prospects for stronger fuel demand in the domestic market. Additionally, we believe Tesoro’s strategic actions to improve its performance and competitiveness in a cost-effective … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Momentum Stock: Travelzoo, Inc. Posted: 13 Apr 2011 11:05 PM PDT Travelzoo, Inc. (NASDAQ:TZOO) recently spiked to a new all-time high as the company continues to accelerate in the red-hot weekly deal space. Although the valuation looks a bit rich, this Zacks #1 rank stock is a top player in the momentum field. Company Description Travelzoo, Inc. is an Internet media company that publishes travel and entertainment offers from various third-party companies in North America and Europe. The company was founded in 1998 and has a market cap of $1.26 billion. Although … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Aggressive Growth Stock: Rubicon Technology, Inc. Posted: 13 Apr 2011 11:05 PM PDT Rubicon Technology, Inc. (NASDAQ:RBCN) analysts are raising estimates as the company nears its next quarterly report. Guidance was optimistic in the latest announcement and it is starting to look like this Zacks #1 Rank (Strong Buy) is on its way to a fifth consecutive earnings surprise. Company Description Rubicon provides advanced electronic materials like for light-emitting diodes (LEDs), radio frequency integrated circuits and other optical applications. Potential Surprise Analysts are very … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: USD/CAD Testing Tredline Support Posted: 13 Apr 2011 10:59 PM PDT We've seen USD softer across the board in recent trade. In the case of the USD versus the Canadian dollar, the pair is currently testing some trendline support around the .9600 figure. If we continue to see selling in the USD, .95902 is our next … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up During The Asian Session Posted: 13 Apr 2011 10:55 PM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Thursday.<br/><br/> EUR/USD was trading at 1.4499, up 0.39% at time of writing.<br/><br/> The pair was likely to find support at 1.4378, Tuesday&rsquo;s low, and resistance at 1.4520, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.03% to hit 0.8875 and EUR/JPY falling 0.03% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/USD Technical Analysis For April 14, 2011 Posted: 13 Apr 2011 10:51 PM PDT By ForexMansion.com   EUR/USD had a rather uneventful day today as we are still hovering just b low the 1.45 area. This makes sense as the pair has had a strong run of late, and the 1.45 area will certainly be a large psychological number that traders will be paying attention to. For the mean time, look for sideways markets with a slightly bullish bias. If we get a pullback, it could lead to buying opportunities down the road. Originally posted here Read more about forex technical … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/CHF Technical Analysis For April 14, 2011 Posted: 13 Apr 2011 10:50 PM PDT By ForexMansion.com   USD/CHF has fallen far enough that it is presently testing the all-time lows at the 0.88 area. Because of this, there might be a slight bounce, but further bearish moves are expected over the longer-term. A break below the all-time lows gives us another selling signal. A bounce simply has us waiting for more selling chances. Originally posted here Read more about forex technical analysis, forex fundamental analysis and forex news on ForexMansion.com About … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/JPY Technical Analysis For April 14, 2011 Posted: 13 Apr 2011 10:49 PM PDT By ForexMansion.com   USD JPY has been falling, and has tested the 84 area, but found slight support there today. As this pair falls, it will certainly attract the attention of traders around the world that know central banks want it bid up as well. Because of this, it is going to be really hard to sell, but buying will be preferred on signs of strength. Originally posted here Read more about forex technical analysis, forex fundamental analysis and forex news on ForexMansion.com About … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/CAD Technical Analysis For April 14, 2011 Posted: 13 Apr 2011 10:49 PM PDT By ForexMansion.com   USD/CAD has been rising, and is testing the 0.97 area – which we identified as an important support and resistance level. Because of this, we may see an uptick in selling this pair as it looks like the area is holding at the moment. A break above would be rather bullish, and a break below is simply the trend continuing – which is the most likely path. Originally posted here Read more about forex technical analysis, forex fundamental analysis and forex news on … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

NZD/USD Technical Analysis For April 14, 2011 Posted: 13 Apr 2011 10:48 PM PDT By ForexMansion.com   NZD/USD continues its relentless move upward. However, it should be noted that since we are at such an extreme, one has to question whether or not it can maintain the momentum needed to push much higher. The move has been parabolic, and we are at serious resistance levels. Although the strength has been impressive – it is hard to buy at these levels. A buy on a pullback is the best course of action. Originally posted here Read more about forex technical … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GBP/JPY Technical Analysis For April 14, 2011 Posted: 13 Apr 2011 10:48 PM PDT By ForexMansion.com   GBP/JPY continues to fall, looking to retest support at the 1.350 area. Because of this, it might be possible to put a buy in with a very tight stop. A break below the 1.35 mark signals a larger move to the downside. A bullish move could start at this point that would last for the longer-term. Certainly the central banks would like to see that. Originally posted here Read more about forex technical analysis, forex fundamental analysis and forex news on … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GBP/CHF Technical Analysis For April 14, 2011 Posted: 13 Apr 2011 10:47 PM PDT By ForexMansion.com   GBP/CHF held steady today right above the all-important 1.45 level, which traders will look to for guidance. If we can maintain our levels above this mark, it could be a sign of bullish moves to come. It should be noted however, that the move recently has been very bearish. Sitting on your hands for the next day or two should give clear signs for direction. Originally posted here Read more about forex technical analysis, forex fundamental analysis and forex news … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GBP/USD Technical Analysis For April 14, 2011 Posted: 13 Apr 2011 10:41 PM PDT By ForexMansion.com   GBP/USD continues its slow chop as it fell again today. The range has been from 1.60 and up – gradually getting higher every time. Because of this – selling is difficult as you never really know when this move gets serious. Until then, waiting on a larger pullback to the 1.60 would be ideal. However, this pair is probably the least interesting for most traders at the moment as it is in the middle of its range. Sitting on your hands for a while is probably the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/GBP Technical Analysis For April 14, 2011 Posted: 13 Apr 2011 10:41 PM PDT By ForexMansion.com   EUR/GBP continues to pullback, and looks set to retest the 0.88 level as a possible support area. This is classic technical analysis patterns for a break out and retest. As long as the 0.88 holds, we should see rather bullish moves in the future. The  breaking down below the 0.88 level would signal trouble, however unlikely that seems at the moment. Originally posted here Read more about forex technical analysis, forex fundamental analysis and forex news on … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AUD/USD Technical Analysis For April 14, 2011 Posted: 13 Apr 2011 10:40 PM PDT By ForexMansion.com   AUD/USD has been testing the 1.04 level for support lately, which has been holding. To be honest, a healthier pullback would be appreciated, but it may not come. A break below this area doesn't prove much but a buying opportunity as the pair is so bullish at the moment. Clearing the 1.05 level is the next hurdle to get past if we were to buy. Originally posted here Read more about forex technical analysis, forex fundamental analysis and forex news on … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Oil Technical Analysis For April 14, 2011 Posted: 13 Apr 2011 10:39 PM PDT By CommoditiesMansion.com   Light Sweet Crude CL closed with a slightly green candle today. More importantly, it formed a bullish hammer just above the all-important $105 level, an area we said yesterday that might prove to be supportive. A break of today's high signals more buying to be done in this market. A break of the bottom of the hammer is bearish, and has us testing the $100 mark. Brent Brent had a bullish day today, bouncing hard from the $120 mark, which is the first major … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Natural Gas Technical Analysis For April 14, 2011 Posted: 13 Apr 2011 10:35 PM PDT By CommoditiesMansion.com   Natural gas had a bullish day today, but this could be short-lived as it ended up forming a shooting star, one of the more bearish candlestick formations out there. Because of this, it looks like this market may find trouble going forward. If it can break today's highs – this would be a very bullish sign indeed. However, if it break below – they will be targeting $4. Originally posted here Read more about commodities technical analysis, commodities … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gold Technical Analysis For April 14, 2011 Posted: 13 Apr 2011 10:34 PM PDT By CommoditiesMansion.com   Gold had a relatively quiet day today as it hovers around the $1,450 mark. Because of this, we formed an inside candle, and looks like a rest is very possible. Perhaps a couple of quiet days is what the market needs as the recent run has been fairly strong. Look for a bullish bias – but this might take a day or two to play out. Originally posted here Read more about commodities technical analysis, commodities fundamental analysis and commodities news on … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/CAD Fundamental Analysis For April 14, 2011 Posted: 13 Apr 2011 10:34 PM PDT By ForexMansion.com   The USD/CAD pair rose on Wednesday after the BOC released its monetary policy report, where the BOC said economic growth is expected to slow down during the second quarter due to the earthquake in Japan in addition to the rising value of the Canadian dollar. The BOC said the Canadian economy is expected to expand by an annualized rate of 2 percent in the second quarter, after expanding at an annualized rate of 4.2% in the first quarter of 2011. The BOC left the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/USD Fundamental Analysis For April 14, 2011 Posted: 13 Apr 2011 10:33 PM PDT By ForexMansion.com   The EUR/USD pair witnessed calm day in Trading Wednesday as industrial output from the euro-zone remained positive, though below expectations, accordingly, helping the pair to sustain trading above the pivot levels of 1.4280. Ahead of the Fed's beige book, the pair ascended while further bullishness is expected to be witnessed Thursday before US PPI index is released at 12:30 GMT, which may show that prices increased on producers in the month of March due to the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Natural Gas Fundamental Analysis For April 14, 2011 Posted: 13 Apr 2011 10:29 PM PDT By CommoditiesMansion.com   Natural gas prices rose on Wednesday, amid expectations of rising demand from the U.S., as the economy continues to pick up more momentum, where the Energy Department said on Tuesday that it expects demand on natural gas to increase by 3.6 percent this year. Thursday, 14:30, The EIA will release the weekly natural gas storage change for the week ending April 8, where the prior report showed that natural gas inventories declined by 45 billion cubic feet, and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gold Fundamental Analysis For April 14, 2011 Posted: 13 Apr 2011 10:25 PM PDT By CommoditiesMansion.com   Gold slashed most of Tuesday's trading losses and ascended Wednesday after the euro-zone industrial output ascended the most in 29-years, spurring demand to increase on higher yielding assets and equities, therefore, the dollar fell and supported the rise in commodities. Further appreciation is expected as inflation accelerated in Europe, where Germany CPI index showed that the cost of living increased by 2.3% in March from a year earlier, according to the EU … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Up In Asian Trade Posted: 13 Apr 2011 10:25 PM PDT Forex Pros – The British Pound was higher against the U.S. Dollar on Thursday.<br/><br/> GBP/USD was trading at 1.6325, up 0.35% at time of writing.<br/><br/> The pair was likely to find support at 1.6228, Tuesday&rsquo;s low, and resistance at 1.6426, Monday&rsquo;s high.<br/><br/> Meanwhile, the British Pound was down against the Euro and up against the Japanese Yen, with EUR/GBP gaining 0.02% to hit 0.8880 and GBP/JPY rising 0.15% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Crude Oil Fundamental Analysis For April 14, 2011 Posted: 13 Apr 2011 10:24 PM PDT By CommoditiesMansion.com   Crude oil prices rose on Wednesday after the EIA report showed that gasoline inventories declined sharply, although the EIA report showed that crude oil inventories rose above expectations. Moreover, the weakness of the U.S. dollar prompted crude oil prices to rise, however, we still believe that oil prices will undergo a correction over the short term, especially since the situation in the Middle East and North Africa is still the same without any essential … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex News – JPMorgan Earnings Fuel Optimism In Stock Market, While Dollar Weakness Push Commodities Higher. Posted: 13 Apr 2011 10:15 PM PDT By ForexMansion.com   Unlike yesterday, investors were optimistic on Wednesday after JPMorgan Chase & Co announced earnings that topped estimates, while data from the United States signaled an ongoing improvement in spending. JPMorgan Chase & Co announced it earned $1.28 per share in the first quarter of 2011, compared to median estimates of $1.15 per share, which helped financial shares to pace gains among equities, while rising energy prices pushed energy shares … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/CHF Up In Asian Trading Hours Posted: 13 Apr 2011 09:55 PM PDT Forex Pros – The Euro was higher against the Swiss Franc on Thursday.<br/><br/> EUR/CHF was trading at 1.2948, up 0.01% at time of writing.<br/><br/> The pair was likely to find support at 1.2916, today&rsquo;s low, and resistance at 1.3168, Monday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and down against the Japanese Yen, with EUR/USD gaining 0.24% to hit 1.4478 and EUR/JPY falling 0.10% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CHF Down During Asian Trade Posted: 13 Apr 2011 09:25 PM PDT Forex Pros – The U.S. Dollar was lower against the Swiss Franc on Thursday.<br/><br/> USD/CHF was trading at 0.8954, down 0.11% at time of writing.<br/><br/> The pair was likely to find support at 0.8929, Wednesday&rsquo;s low, and resistance at 0.9105, Monday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the Japanese Yen, with EUR/USD gaining 0.10% to hit 1.4457 and USD/JPY falling 0.32% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/GBP Down During The Asian Session Posted: 13 Apr 2011 09:00 PM PDT Forex Pros – The Euro was lower against the British Pound on Thursday.<br/><br/> EUR/GBP was trading at 0.8874, down 0.04% at time of writing.<br/><br/> The pair was likely to find support at 0.8793, Monday&rsquo;s low, and resistance at 0.8924, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and down against the Japanese Yen, with EUR/USD gaining 0.13% to hit 1.4462 and EUR/JPY falling 0.18% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Down During Asian Trade Posted: 13 Apr 2011 08:35 PM PDT Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Thursday.<br/><br/> USD/JPY was trading at 83.56, down 0.33% at time of writing.<br/><br/> The pair was likely to find support at 83.28, today&rsquo;s low, and resistance at 85.16, Monday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.12% to hit 1.4461 and GBP/USD rising 0.18% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/CHF Technical Analysis For April 14, 2011 Posted: 13 Apr 2011 08:25 PM PDT By ForexMansion.com   EUR/CHF fell again today as the pair is currently stuck in a massive consolidation of sorts. The pair looks weak at the moment, and could continue its march south. Selling looks likely to continue as the pair simply cannot gain traction – in either direction on the larger time frames. A break above 1.32 gets us bullish. Until then, we are rangebound. Originally posted here Read more about forex technical analysis, forex fundamental analysis and forex news on … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CAD Up In Asian Trading Hours Posted: 13 Apr 2011 08:10 PM PDT Forex Pros – The U.S. Dollar was higher against the Canadian Dollar on Thursday.<br/><br/> USD/CAD was trading at 0.9632, up 0.10% at time of writing.<br/><br/> The pair was likely to find support at 0.9543, Monday&rsquo;s low, and resistance at 0.9656, 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 1.4443 and GBP/USD rising 0.11% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Down During Asian Trade Posted: 13 Apr 2011 07:30 PM PDT Forex Pros – The Australian Dollar was lower against the U.S. Dollar on Thursday.<br/><br/> AUD/USD was trading at 1.0478, down 0.28% at time of writing.<br/><br/> The pair was likely to find support at 1.0391, Tuesday&rsquo;s low, and resistance at 1.0581, Monday&rsquo;s high.<br/><br/> Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.22% to hit 1.3777 and AUD/JPY falling 0.66% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Down During The Asian Session Posted: 13 Apr 2011 07:05 PM PDT Forex Pros – The Euro was lower against the U.S. Dollar on Thursday.<br/><br/> EUR/USD was trading at 1.4437, down 0.05% at time of writing.<br/><br/> The pair was likely to find support at 1.4378, Tuesday&rsquo;s low, and resistance at 1.4520, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.07% to hit 0.8872 and EUR/JPY falling 0.51% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Discover Is A Buy Posted: 13 Apr 2011 06:45 PM PDT Discover Financial ($DFS) is in the midst of a 10-month bull run, which has offerred amazing opportunities to buy along the way – like now. Here's why this stock could offer a nice swing buying opportunity.. Modified PEMA Crossover Buy Signal The daily chart shows $DFS has been trending steadily higher for ten straight months, opening the door to buying opportunities after each pull-back along the way. As a matter of fact, $DFS has rallied over 100% in the last year, but remains quite … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/JPY Down During Asian Trade Posted: 13 Apr 2011 06:35 PM PDT Forex Pros – The Euro was lower against the Japanese Yen on Thursday.<br/><br/> EUR/JPY was trading at 120.65, down 0.37% at time of writing.<br/><br/> The pair was likely to find support at 120.16, Tuesday&rsquo;s low, and resistance at 123.33, Monday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the U.S. Dollar and the British Pound, with EUR/USD shedding 0.12% to hit 1.4426 and EUR/GBP falling 0.14% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Lives, Destroyed Posted: 13 Apr 2011 05:57 PM PDT The vast majority of Americans have been forced to endure a great deal of pain over the past several years, much of it unwarranted. That said, the reports below describe that side of the downturn– or is it an upturn now? — that should make most human beings feel especially sick about the truly innocent lives that have been damaged or destroyed because some people were too greedy, ignorant, or corrupt to think about the consequences of their actions. “Abusive Head Trauma in Infants Doubled … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Crude Oil Selling Likely To Resume, Gold To Find Support On Inflation Bets Posted: 13 Apr 2011 05:47 PM PDT Commodities – Energy Oil Bounce Appears Corrective, Selling Likely to Resume WTI Crude Oil (NY Close): $107.11 // +0.86 // +0.81% Prices found support at $104.82 – the 50%Fibonacci retracement of the 3/16-4/11 advance – and rebounded higher, closing back above the 38.2% level at $106.85. From here, the door is open for a move higher to retest support-turned-resistance at the bottom of a rising channel established from mid-March (now at $110.23).The 38.2% Fib has been recast as near-term … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/JPY Down During The Asian Session Posted: 13 Apr 2011 05:45 PM PDT Forex Pros – The British Pound was lower against the Japanese Yen on Thursday.<br/><br/> GBP/JPY was trading at 136.12, down 0.21% at time of writing.<br/><br/> The pair was likely to find support at 135.72, Tuesday&rsquo;s low, and resistance at 139.56, Monday&rsquo;s high.<br/><br/> Meanwhile, the British Pound was down against the U.S. Dollar and up against the Euro, with GBP/USD shedding 0.06% to hit 1.6258 and EUR/GBP falling 0.15% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Notes: USD-Weakness Assessment In The USDX, EUR/USD, GBP/USD And USD/JPY Posted: 13 Apr 2011 05:21 PM PDT The greenback has been declining sharply since June of 2010. After a rebound in November, the index slid again and the USD remains pressured to this day and has the 2008/all-time low of 70.70 in sight. The EUR/USD threatens to breakout of a long-term wedge, and the GBP/USD continues the correction of the 2008-2009 decline. USD/JPY is also attempting to establish a bottom. What is the fate of the USD and these major USD-crosses in Q2 of 2011? USDX (Monthly, Daily) - The USD Index monthly … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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