DailyMarkets.com - Forex – USD/CHF Eases Off 5-day Low But Gains Limited
DailyMarkets.com - Forex – USD/CHF Eases Off 5-day Low But Gains Limited |
- Forex – USD/CHF Eases Off 5-day Low But Gains Limited
- Forex – EUR/GBP Hits 5-day High After BoE Minutes, U.K. Jobs Data
- European Stocks Rebound On Banks, Commodities; DAX Up 0.9%
- Forex – Dollar Broadly Lower As Risk Appetite Recovers Slightly
- U.K. Claimant Count Change Rises Significantly More-than-expected
- Crude Oil Hits 2-day High On Easing Concerns Over U.S. Demand
- Forex – GBP/USD Slides Ahead Of BOE Meeting Minutes
- Eric Sprott: “We Have Not Lost Any Faith In Silver”
- Forex – USD/JPY Slips To Daily Low But Losses Limited
- Gold Futures Advance On Soft U.S. Dollar, Asian Buying
- Forex Trading: EUR/$ Testing 200 Hr MAVG
- Forex – NZD/USD Rises After Better-than-expected PPI Data
- Forex – AUD/USD Off 3-day High After Moody’s Bank Downgrade
- Asia Stocks Broadly Higher As Financials Gain; Nikkei Jumps 1%
- Forex – EUR/USD Hits 3-day High As Debt Concerns On Hold
- Forex Trading: USD Slightly Firmer Across The Board
- Bear Of The Day: Excel Maritime Carriers (EXM)
- Bull Of The Day: Franklin Resources Inc. (BEN)
- Momentum Stock: Hansen Natural Corp
- Aggressive Growth Stock: Perception, Inc
- Growth & Income Stock: First Financial Bankshares, Inc.
- Forex – EUR/USD Up During The Asian Session
- Forex – GBP/USD Up In Asian Trade
- Forex – EUR/CHF Up In Asian Trading Hours
- Will EUR/USD Repeat Another ABC Correction In European Session?
- Forex – USD/CHF Down During Asian Trade
- Forex – EUR/GBP Up During The Asian Session
- Forex – USD/JPY Down During Asian Trade
- Forex – USD/CAD Down In Asian Trading Hours
- Singapore Stock Market Update For Wednesday 18 May
- Forex – AUD/USD Up During Asian Trade
- USD/JPY Technical Analysis May 18, 2011
- USD/CHF Technical Analysis May 18, 2011
- USD/CAD Technical Analysis May 18, 2011
- NZD/USD Technical Analysis May 18, 2011
- GBP/USD Technical Analysis May 18, 2011
- GBP/JPY Technical Analysis May 18, 2011
- GBP/CHF Technical Analysis May 18, 2011
- EUR/USD Technical Analysis May 18, 2011
- EUR/JPY Technical Analysis May 18, 2011
- EUR/CHF Technical Analysis May 18, 2011
- AUD/USD Technical Analysis May 18, 2011
- AUD/NZD Technical Analysis May 18, 2011
- Forex – EUR/USD Up During The Asian Session
- Forex – EUR/JPY Up During Asian Trade
- USD/CAD Daily Fundamental Analysis For May 18, 2011
- USD/CHF Daily Fundamental Analysis For May 18, 2011
- GBP/USD Daily Fundamental Analysis For May 18, 2011
- EUR/USD Daily Fundamental Analysis For May 18, 2011
- Forex News – Jitters Invade Markets After Worse Than Expected Housing And Industrial Data From U.S.
| Forex – USD/CHF Eases Off 5-day Low But Gains Limited Posted: 18 May 2011 03:03 AM PDT Forex Pros – The U.S. dollar eased off a five-day low against the Swiss franc on Wednesday, but gains were limited after Tuesday’s disappointing U.S. economic data and amid lingering concerns over euro zone debt issues.<br /><br />USD/CHF clawed back up from 0.8783, the pair’s lowest since May 11, to hit 0.8809 during European morning trade, inching up 0.10%.<br /><br />The pair was likely to find support at 0.8705, the low of May 10 and resistance … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – EUR/GBP Hits 5-day High After BoE Minutes, U.K. Jobs Data Posted: 18 May 2011 02:25 AM PDT Forex Pros – The euro extended gains against the pound on Wednesday, after UK data showed an unexpected increase in the jobless claimant count in April, while Bank of England minutes showed policymakers maintained the vote to keep rates unchanged this month.<br /><br />EUR/GBP hit 0.8804 during European morning trade, the pair’s highest since May 11; the pair subsequently consolidated at 0.8801, gaining 0.48%.<br /><br />The pair was likely to find support at … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| European Stocks Rebound On Banks, Commodities; DAX Up 0.9% Posted: 18 May 2011 02:16 AM PDT Forex Pros – European stock markets were broadly higher on Wednesday, rebounding from a four-week low as shares in the financial and commodity sectors led gains, while U.S. futures indexes pointed to a higher open on Wall Street. <br /><br />During European morning trade, the EURO STOXX 50 rose 0.85%, France’s CAC 40 jumped 0.95%, while Germany’s DAX 30 was up 0.9%. <br /><br />Shares in the financial sector performed strongly, recouping recent losses, ahead … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – Dollar Broadly Lower As Risk Appetite Recovers Slightly Posted: 18 May 2011 01:42 AM PDT Forex Pros – The U.S. dollar was broadly lower against its major counterparts on Wednesday, as concerns over the euro zone eased, while gains in share and commodity prices offered some support to riskier currencies.<br /><br />During European morning trade, the greenback was down against the euro, with EUR/USD rising 0.22% to hit 1.4269.<br /><br />But the greenback was higher against the pound, with GBP/USD slipping 0.08% to hit 1.6240.<br /><br />Earlier … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| U.K. Claimant Count Change Rises Significantly More-than-expected Posted: 18 May 2011 01:34 AM PDT Forex Pros – The number of people claiming unemployment benefits in the U.K. rose significantly more-than-expected in April, official data showed on Wednesday.<br /><br />In a report, the U.K. Office for National Statistics said that the claimant count rose by a seasonally adjusted 12,400 in April, after rising by 6,400 in March, whose figure was upwardly revised from an increase of 700. <br /><br />Analysts had expected the claimant count to rise by 500 in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Crude Oil Hits 2-day High On Easing Concerns Over U.S. Demand Posted: 18 May 2011 01:22 AM PDT Forex Pros – Crude oil futures climbed to a two-day high on Wednesday, after industry data showed that U.S. crude supplies at Cushing, Oklahoma declined the most since June last week, easing concerns over slowing demand in the world’s largest crude consumer.<br /><br />On the New York Mercantile Exchange, light, sweet crude futures for delivery in June traded at USD98.89 a barrel during European morning trade, jumping 1.53%. <br /><br />It … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – GBP/USD Slides Ahead Of BOE Meeting Minutes Posted: 18 May 2011 01:00 AM PDT Forex Pros – The pound slipped to a daily low against the U.S. dollar on Wednesday, ahead of the publication of the minutes of the Bank of England’s May 5 policy meeting.<br /><br />GBP/USD hit 1.6224 during European morning trade, the daily low; the pair subsequently consolidated at 1.6234, slipping 0.10%.<br /><br />Cable was likely to find support at 1.6145, the low of May 13 and a six-week low and resistance at 1.6379, the high of May 12.<br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Eric Sprott: “We Have Not Lost Any Faith In Silver” Posted: 18 May 2011 12:57 AM PDT Eric Sprott discusses the fundamentals of the gold and silver markets and clears up some confusion about his funds' positions in the market. He continues to be bullish on silver for the long term and calls it "the investment of this … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – USD/JPY Slips To Daily Low But Losses Limited Posted: 18 May 2011 12:44 AM PDT Forex Pros – The U.S. dollar slipped to a daily low against the yen on Wednesday, but remained supported by expectations for yen selling associated with the acquisitions of overseas firms by Japanese companies.<br /><br />USD/JPY hit 80.98 during European trade, the daily low; the pair subsequently consolidated at 81.08, slipping 0.39%.<br /><br />The pair was likely to find support at 80.33, the low of May 13 and short-term resistance at 81.76, Tuesday’s … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Gold Futures Advance On Soft U.S. Dollar, Asian Buying Posted: 18 May 2011 12:36 AM PDT Forex Pros – Gold futures edged higher on Wednesday, advancing for the first time in four days as a broadly weaker U.S. dollar and strong physical demand from Asia supported prices. <br /><br />On the Comex division of the New York Mercantile Exchange, gold futures for June delivery traded at USD1,495.15 a troy ounce during late Asian trade, climbing 0.75%. <br /><br />It earlier rose as much as 0.85% to a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex Trading: EUR/$ Testing 200 Hr MAVG Posted: 18 May 2011 12:24 AM PDT The pair has been finding resistance from the 200 hour moving average for the last 5 hours. A push higher could see us complete a full hourly retracement, but continued resistance should see more range … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – NZD/USD Rises After Better-than-expected PPI Data Posted: 18 May 2011 12:16 AM PDT Forex Pros – The New Zealand dollar rose to a three-day high against its U.S. counterpart on Wednesday, boosted by gains in commodities and after stronger-than-expected data on producer price inflation.<br /><br />NZD/USD hit 0.7912 during late Asian trade, the pair’s highest since May 13; the pair subsequently consolidated at 0.7892, gaining 0.51%.<br /><br />The pair was likely to find support at 0.7763, Tuesday’s low and resistance at 0.7964, the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – AUD/USD Off 3-day High After Moody’s Bank Downgrade Posted: 17 May 2011 11:54 PM PDT Forex Pros – The Australian dollar pulled away from a three-day high against its U.S. counterpart on Wednesday after ratings firm Moody’s downgraded the debt ratings of the country’s four largest banks, citing their dependence on global lending markets.<br /><br />AUD/USD retreated from 1.0665, the pair’s highest since May 13, to hit 1.0620 during late Asian trade, slipping 0.04%.<br /><br />The pair was likely to find support at 1.0504, Tuesday’s … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Asia Stocks Broadly Higher As Financials Gain; Nikkei Jumps 1% Posted: 17 May 2011 11:52 PM PDT Forex Pros – Asian stock markets were broadly higher on Wednesday, rising for the first time three days with a rebound in recently beaten down stocks underpinning gains, while the Nikkei was boosted by strong gains in the banking sector. <br /><br />During late Asian trade, Hong Kong’s Hang Seng Index gained 0.5%, South Korea’s Kospi Composite rallied 1.6%, while Japan’s Nikkei 225 Index jumped 1%. <br /><br />Shares in Japan’s third … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – EUR/USD Hits 3-day High As Debt Concerns On Hold Posted: 17 May 2011 11:29 PM PDT Forex Pros – The euro was up against the U.S. dollar on Wednesday, rising to a three-day high as investors looked past concerns over the euro zone debt issue and refocused on interest rate differentials.<br /><br />EUR/USD hit 1.4287 during late Asian trade, the pair’s highest since May 13; the pair subsequently consolidated at 1.4264, gaining 0.19%.<br /><br />The pair was likely to find support at 1.4198, Tuesday’s low and resistance at 1.4422, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex Trading: USD Slightly Firmer Across The Board Posted: 17 May 2011 11:23 PM PDT The U.S. dollar is slightly bid in recent trade. In the case of the USD vs. the JPY, there has been support shown at the 81.00 handle. Two of the last 4 hourly lows have tested the level which showed resistance on Monday and is also where we currently find the 100 hour moving … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Bear Of The Day: Excel Maritime Carriers (EXM) Posted: 17 May 2011 11:02 PM PDT We downgrade our recommendation on Excel Maritime (NYSE:EXM) to Underperform backed by the gloomy near-term prospects of the drybulk shipping industry. This sector is facing serious challenges, where the spot vessel rates collapsed even below the rate during the recession. We believe the sole reason for this dismal condition is the sheer increase of ships under operation that resulted in intense price competition.
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| Bull Of The Day: Franklin Resources Inc. (BEN) Posted: 17 May 2011 11:02 PM PDT Franklin Resources Inc.’s (NYSE:BEN) second quarter 2011 earnings of $2.25 per share outpaced the Zacks Consensus Estimate of $2.00 per share. Results reflected robust growth in revenue and higher assets under management (AUM), partially offset by increased operating expenses. Moreover, the results were ahead of earnings of $1.55 per share in the prior-year quarter and $2.23 per share in the prior quarter.
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| Momentum Stock: Hansen Natural Corp Posted: 17 May 2011 11:02 PM PDT Hansen Natural Corp (NASDAQ:HANS) recently spiked into a new all-time high after reporting an impressive Q1 earnings surprise of 20%. With estimates on the rise and a bullish growth projection, this Zacks #1 rank stock offers a refreshing taste of momentum.
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| Aggressive Growth Stock: Perception, Inc Posted: 17 May 2011 11:02 PM PDT Perceptron, Inc. (NASDAQ:PRCP) is finalizing what could be game changing technology. But even without that, the company is doing well.
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| Growth & Income Stock: First Financial Bankshares, Inc. Posted: 17 May 2011 11:02 PM PDT Back in late 2008 when the financial industry was collapsing and over-leveraged banks were begging for a bailout, First Financial Bankshares, Inc. (NASDAQ:FFIN) kept doing business as usual.
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| Forex – EUR/USD Up During The Asian Session Posted: 17 May 2011 10:55 PM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Wednesday.<br/><br/> EUR/USD was trading at 1.4268, up 0.22% at time of writing.<br/><br/> The pair was likely to find support at 1.4048, Monday’s low, and resistance at 1.4339, Friday’s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and down against the Japanese Yen, with EUR/GBP gaining 0.07% to hit 0.8766 and EUR/JPY falling 0.17% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – GBP/USD Up In Asian Trade Posted: 17 May 2011 10:25 PM PDT Forex Pros – The British Pound was higher against the U.S. Dollar on Wednesday.<br/><br/> GBP/USD was trading at 1.6278, up 0.16% at time of writing.<br/><br/> The pair was likely to find support at 1.6147, Friday’s low, and resistance at 1.6309, Friday’s high.<br/><br/> Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.10% to hit 0.8769 and GBP/JPY falling 0.30% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – EUR/CHF Up In Asian Trading Hours Posted: 17 May 2011 09:55 PM PDT Forex Pros – The Euro was higher against the Swiss Franc on Wednesday.<br/><br/> EUR/CHF was trading at 1.2552, up 0.18% at time of writing.<br/><br/> The pair was likely to find support at 1.2506, Tuesday’s low, and resistance at 1.2693, Friday’s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and down against the Japanese Yen, with EUR/USD gaining 0.27% to hit 1.4276 and EUR/JPY falling 0.08% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Will EUR/USD Repeat Another ABC Correction In European Session? Posted: 17 May 2011 09:49 PM PDT EUR/USD Breaks Below 1.4150…(5/16) Short-Term- The EUR/USD showed some initial bearish intent yesterday, but the European session supported it, and the late US session pushed it higher.
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| Forex – USD/CHF Down During Asian Trade Posted: 17 May 2011 09:25 PM PDT Forex Pros – The U.S. Dollar was lower against the Swiss Franc on Wednesday.<br/><br/> USD/CHF was trading at 0.8797, down 0.05% at time of writing.<br/><br/> The pair was likely to find support at 0.8785, Tuesday’s low, and resistance at 0.8946, Friday’s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the Japanese Yen, with EUR/USD gaining 0.27% to hit 1.4275 and USD/JPY falling 0.37% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – EUR/GBP Up During The Asian Session Posted: 17 May 2011 09:00 PM PDT Forex Pros – The Euro was higher against the British Pound on Wednesday.<br/><br/> EUR/GBP was trading at 0.8774, up 0.17% at time of writing.<br/><br/> The pair was likely to find support at 0.8682, Tuesday’s low, and resistance at 0.8800, Friday’s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and down against the Japanese Yen, with EUR/USD gaining 0.28% to hit 1.4277 and EUR/JPY falling 0.09% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – USD/JPY Down During Asian Trade Posted: 17 May 2011 08:35 PM PDT Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Wednesday.<br/><br/> USD/JPY was trading at 81.17, down 0.30% at time of writing.<br/><br/> The pair was likely to find support at 80.35, Friday’s low, and resistance at 81.78, Tuesday’s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.32% to hit 1.4283 and GBP/USD rising 0.12% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – USD/CAD Down In Asian Trading Hours Posted: 17 May 2011 08:10 PM PDT Forex Pros – The U.S. Dollar was lower against the Canadian Dollar on Wednesday.<br/><br/> USD/CAD was trading at 0.9714, down 0.08% at time of writing.<br/><br/> The pair was likely to find support at 0.9604, Friday’s low, and resistance at 0.9794, Tuesday’s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.27% to hit 1.4276 and GBP/USD rising 0.10% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Singapore Stock Market Update For Wednesday 18 May Posted: 17 May 2011 07:32 PM PDT Tokyo stocks advance, led by banks and oil shares. Hong Kong shares edge up, led by energy. Our market follows suit, edging up a bit. Despite weak performance from the US markets, we still manage to stay on the positive side. Straits asia up 0.15 for now. No short term trading Lookout for mid term trading on Hong Kong Land Mid term trading Straits Asia enter 2.95 SL … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – AUD/USD Up During Asian Trade Posted: 17 May 2011 07:30 PM PDT Forex Pros – The Australian Dollar was higher against the U.S. Dollar on Wednesday.<br/><br/> AUD/USD was trading at 1.0634, up 0.07% at time of writing.<br/><br/> The pair was likely to find support at 1.0506, Tuesday’s low, and resistance at 1.0716, Friday’s high.<br/><br/> Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.17% to hit 1.3420 and AUD/JPY falling 0.12% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| USD/JPY Technical Analysis May 18, 2011 Posted: 17 May 2011 07:29 PM PDT By ForexMansion.com The USD/JPY pair rallied on Tuesday, and broke above the 81 level, the top of a support zone that should hold this pair up due to central banks being lower. The 80 level has been significant to this pair over time, and as long as we are trading above it, we want to buy only. A break lower has us sitting on our hands. Originally posted here
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| USD/CHF Technical Analysis May 18, 2011 Posted: 17 May 2011 07:28 PM PDT By ForexMansion.com The USD/CHF pair fell Tuesday, and is currently testing old resistance at the 0.88 mark to see if it will continue its fall. The pair looks decidedly weak, and has been in a longer-term downtrend over the last several years. This looks like an important level, so a break of 0.88 to the downside could send the USD on the back foot in this pair. Originally posted here
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| USD/CAD Technical Analysis May 18, 2011 Posted: 17 May 2011 07:27 PM PDT By ForexMansion.com The USD/CAD pair moved higher, but only to fall lower at the end of the session on Tuesday. The candle formation is a shooting star, and is also right at the 100 moving average, as well as the 0.97 area. This should be resistive in the long run, and could present a selling opportunity as well. The trend is down, so this certainly makes sense. Originally posted here
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| NZD/USD Technical Analysis May 18, 2011 Posted: 17 May 2011 07:26 PM PDT By ForexMansion.com Originally posted … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| GBP/USD Technical Analysis May 18, 2011 Posted: 17 May 2011 07:25 PM PDT By ForexMansion.com The GBP/USD pair gained during the Tuesday session, bouncing from the fall it has seen lately. However, we are not near any clear and concise support or resistance, and therefore aren't looking for a trade to be fired off in the near term. A break above 1.64 is needed for us to get interested in buying again. Below is too choppy for us to sell at the moment. Originally posted here
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| GBP/JPY Technical Analysis May 18, 2011 Posted: 17 May 2011 07:23 PM PDT By ForexMansion.com The GBP/JPY pair rallied significantly during the Tuesday session. The area below, the 130 mark – has been significant support in the past, and it looks like this is still true. Because of this, the pair is in "buy only" mode as the central banks are under that figure, and the pair looks unlikely to drive much lower soon. Originally posted here
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| GBP/CHF Technical Analysis May 18, 2011 Posted: 17 May 2011 07:22 PM PDT By ForexMansion.com The GBP/CHF pair fell hard after rising during the Tuesday session. This shows exactly how weak this pair really is over the long run. The pair has been decidedly bearish over the last few years, and looks like it wants to continue this sentiment. Selling rallies has made money in this pair for several years now, and we don't see that changing. Originally posted here
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| EUR/USD Technical Analysis May 18, 2011 Posted: 17 May 2011 07:21 PM PDT By ForexMansion.com The EUR/USD had a very bullish day on Tuesday, and looks set to try and breakout from the highs on Monday. In fact, at that point it becomes a buy signal as the trend line from the financial meltdown, the 100 day moving average, and the support and resistance area between 1.40 and 1.42 as well. Things will certainly be looking good for the EUR at that point. We don't sell until we see 1.40 broken decisively. Originally posted here
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| EUR/JPY Technical Analysis May 18, 2011 Posted: 17 May 2011 07:19 PM PDT By ForexMansion.com The EUR/JPY pair rallied during the Tuesday session, breaking back above the all-important 115 area. This looks very bullish for this pair, but it still has to clear the 116.80 level in order to have a nice run back to 120 or higher. In the meantime, we are waiting to see if it can break through that level. If it can – we will be long. Selling is still tempting fate as the central banks are down there – somewhere. Originally posted here
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| EUR/CHF Technical Analysis May 18, 2011 Posted: 17 May 2011 07:18 PM PDT By ForexMansion.com The EUR/CHF had a bullish start to the day on Tuesday, but fell rapidly later in trading. The trend is certainly down, and the fact that a rally couldn't be continued shows how bearish this pair really is. There isn't a technical signal to sell though, as there is a massive support area to be found around the 1.23 area. Look for rallies to sell. If you listened to the video yesterday – you did, and are already making money on this pair. Originally posted … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| AUD/USD Technical Analysis May 18, 2011 Posted: 17 May 2011 07:16 PM PDT By ForexMansion.com The AUD/USD pair moved higher during Tuesday trading, showing the 1.05 area to be supportive for the time being. It is a fairly decent area for support – so this came as no real surprise. The trend is up, so this market is certainly a buy as long as we hold above the 1.05 mark. A break of 1.05 wouldn't get us bearish – just ready to look for longs at 1.02 or so. Originally posted here
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| AUD/NZD Technical Analysis May 18, 2011 Posted: 17 May 2011 07:15 PM PDT By ForexMansion.com The AUD/NZD pair barely move on Tuesday, and seems to be where money goes to die lately. This pair simply isn't moving on the whole, and is basically a scalper's market at best. The pair needs to break below the 1.32 level for more selling, or above the recent highs at 1.37 to begin to get long again. This pair can sit still for very long periods of time, and we may be seeing that start. Originally posted here
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| Forex – EUR/USD Up During The Asian Session Posted: 17 May 2011 07:05 PM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Wednesday.<br/><br/> EUR/USD was trading at 1.4257, up 0.14% at time of writing.<br/><br/> The pair was likely to find support at 1.4048, Monday’s low, and resistance at 1.4339, Friday’s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.18% to hit 0.8776 and EUR/JPY rising 0.06% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – EUR/JPY Up During Asian Trade Posted: 17 May 2011 06:35 PM PDT Forex Pros – The Euro was higher against the Japanese Yen on Wednesday.<br/><br/> EUR/JPY was trading at 115.97, up 0.05% at time of writing.<br/><br/> The pair was likely to find support at 113.42, Monday’s low, and resistance at 116.40, Tuesday’s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and the British Pound, with EUR/USD gaining 0.09% to hit 1.4249 and EUR/GBP rising 0.13% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| USD/CAD Daily Fundamental Analysis For May 18, 2011 Posted: 17 May 2011 08:53 AM PDT By ForexMansion.com
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| USD/CHF Daily Fundamental Analysis For May 18, 2011 Posted: 17 May 2011 03:49 AM PDT By ForexMansion.com
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| GBP/USD Daily Fundamental Analysis For May 18, 2011 Posted: 17 May 2011 03:49 AM PDT By ForexMansion.com
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| EUR/USD Daily Fundamental Analysis For May 18, 2011 Posted: 17 May 2011 03:48 AM PDT By ForexMansion.com
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| Forex News – Jitters Invade Markets After Worse Than Expected Housing And Industrial Data From U.S. Posted: 17 May 2011 02:58 AM PDT By ForexMansion.com
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