Sunday, May 15, 2011

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

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


Forex – GBP/JPY Down In Asian Trading Hours

Posted: 15 May 2011 04:55 PM PDT

Forex Pros – The British Pound was lower against the Japanese Yen on Sunday.<br/><br/> GBP/JPY was trading at 130.50, down 0.27% at time of writing.<br/><br/> The pair was likely to find support at 130.30, Friday&rsquo;s low, and resistance at 134.03, Wednesday&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 0.15% to hit 1.6174 and EUR/GBP falling 0.21% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


USD/CHF Knocking At The 0.8950 Resistance Cluster

Posted: 15 May 2011 04:49 PM PDT

USD/CHF's Wave Equality Target at 0.8950 is a Resistance Cluster (5/11)
Status of the USD-Recovery (5/11 Video)
USD/CHF

Short-Term- After the break above 0.88, and then a retest of it as support, the USD/CHF has gotten to just below the 0.8950 level which is a resistance cluster.
- The 4H chart shows that this is near a wave equality projection. It is also at 50% retracement. The daily chart shows that this also tests a declining resistance.
- Some bearish intent can be anticipated here, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – NZD/USD Down During The Asian Session

Posted: 15 May 2011 03:50 PM PDT

Forex Pros – The New Zealand Dollar was lower against the U.S. Dollar on Sunday.<br/><br/> NZD/USD was trading at 0.7856, down 0.22% at time of writing.<br/><br/> The pair was likely to find support at 0.7837, Friday&rsquo;s low, and resistance at 0.7991, Thursday&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 0.07% to hit 1.3437 and EUR/NZD falling 0.06% … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – GBP/USD Down During The Asian Session

Posted: 15 May 2011 03:30 PM PDT

Forex Pros – The British Pound was lower against the U.S. Dollar on Sunday.<br/><br/> GBP/USD was trading at 1.6169, down 0.17% at time of writing.<br/><br/> The pair was likely to find support at 1.6147, Friday&rsquo;s low, and resistance at 1.6517, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the British Pound was up against the Euro and down against the Japanese Yen, with EUR/GBP shedding 0.11% to hit 0.8706 and GBP/JPY falling 0.06% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – USD/JPY Up In Asian Trade

Posted: 15 May 2011 03:00 PM PDT

Forex Pros – The U.S. Dollar was higher against the Japanese Yen on Sunday.<br/><br/> USD/JPY was trading at 80.88, up 0.11% at time of writing.<br/><br/> The pair was likely to find support at 80.17, Tuesday&rsquo;s low, and resistance at 81.32, Thursday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.28% to hit 1.4079 and GBP/USD falling 0.12% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Tractor Supply Is A Buy

Posted: 15 May 2011 02:59 PM PDT

Tractor Supply (TSCO) has been in a long term bull run for over two years, rallying from $15 to $65 since 2009. Even better, every buy signal during this two-year stretch has been golden!
Buy Signal
The weekly chart of TSCO shows price has rallied over 300% the last two years, with every pull-back leading to another round of buying pressure.
Price recently fell from the all-time high of $65, which led to responsive buying pressure that could spark another push to new all-time highs above … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – EUR/USD Down During The Asian Session

Posted: 15 May 2011 02:25 PM PDT

Forex Pros – The Euro was lower against the U.S. Dollar on Sunday.<br/><br/> EUR/USD was trading at 1.4089, down 0.21% at time of writing.<br/><br/> The pair was likely to find support at 1.4067, Friday&rsquo;s low, and resistance at 1.4423, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.17% to hit 0.8702 and EUR/JPY falling 0.14% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


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