Sunday, May 8, 2011

DailyMarkets.com - Forex – USD/CHF Weekly Outlook: May 9-13

DailyMarkets.com - Forex – USD/CHF Weekly Outlook: May 9-13

Forex – USD/CHF Weekly Outlook: May 9-13

Posted: 08 May 2011 03:04 AM PDT

Forex Pros – The week ending May 6 saw the U.S. dollar touch a fresh record low against the Swiss franc on Wednesday, before rebounding to close the week higher, boosted by better-than-expected U.S. employment data.<br /><br />USD/CHF hit 0.8551 on Wednesday, the pair&rsquo;s all-time low; the pair subsequently consolidated at 0.8785 by close of trade on Friday, gaining 1.55% over the week.<br /><br />The pair is likely to find short-term support at 0.8551, last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Weekly Outlook: May 9-13

Posted: 08 May 2011 02:40 AM PDT

Forex Pros – Last week saw the U.S. dollar fall below 80.00 against the yen for the first time since the Group of Seven nations and the Bank of Japan intervened to weaken the currency on March 18, in the wake of Japan&rsquo;s triple disaster.<br /><br />USD/JPY hit 79.56 on Thursday, the pair&rsquo;s lowest since March 18; the pair subsequently consolidated at 80.60 by close of trade on Friday, shedding 0.60% over the week.<br /><br />The pair is likely to find … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Weekly Outlook: May 9-13

Posted: 08 May 2011 01:28 AM PDT

Forex Pros – Last week saw the euro post its worst weekly performance against the U.S. dollar in four months, after European Central Bank President Jean-Claude Trichet indicated that he may not raise interest rates next month and after reports that Greece may withdraw from the euro zone.<br /><br />The single currency pulled back from a 17-month high of 1.4939 hit Wednesday to trade at 1.4318 by close of trade on Friday, tumbling 3.3% over the week.<br /><br />On … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

True Strength Index (TSI): Gold, Silver And Miners Update

Posted: 07 May 2011 07:57 PM PDT

Now that gold has taken a well deserved breather, the silver parabolic has popped and the miners have shrugged their shoulders for the past 4 weeks (as though not interested in the slightest with the excitement of their volatile mentors), I think this is a good time to review how the True Strength Index (TSI) indicator has performed recently and see what it is telling us about what comes next.

Before we begin that review, let me acknowledge that I really do not know if the C-wave for gold is … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Benjamin Graham Enterprising Investor Screen – How Does It Work?

Posted: 07 May 2011 01:53 PM PDT

In Brief
A hardcore value investing screen based on buying with a significant Margin of Safety but not as demanding as his set of Defensive Screen criteria. Despite the name, this is not a growth screen.
Background
In Benjamin Graham’s 1947 work, "The Intelligent Investor," he describes how his approach would be applied by two different types of investors—those that are "defensive" (i.e. those investors unable to devote much time to the process or inexperienced with … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: US Non-Farm Payrolls Data On Tap Today

Posted: 05 May 2011 11:10 PM PDT

US Non-Farm Payrolls Data on Tap Today
With today’s Non-Farm Payroll (NFP) figure on the way, traders appear to have lost tremendous optimism about the stability of their portfolios and have temporarily shifted to safety. The US economy has so far benefited from this shift as a stronger dollar should give Americans more buying power in the days ahead.
Economic News
USD – US Dollar Strongly Bullish ahead of NFP Report
The US dollar experienced strongly bullish results yesterday as traders began … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
at

No comments:

Post a Comment