DailyMarkets.com - Wheat Futures Hit 3-day High On Concerns Over Global Supplies

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• Wheat Futures Hit 3-day High On Concerns Over Global Supplies
• Forex – USD/CHF Slips To 3-week Low As Euro Debt Concerns Linger
• Forex – Euro Rebounds From 2-month Low Against Sterling
• European Stocks Broadly Higher On Financials; DAX Up 0.2%
• Forex Trading: EUR/$ Testing 50.0% Hourly Retracement
• Forex – Dollar Broadly Lower Vs. Rivals As Risk Aversion Eases
• Crude Oil Climbs To 2-week High As U.S. Fuel Demand Jumps
• Forex – GBP/USD Hits 2-week High As Sentiment Strengthens
• Forex – USD/JPY In Tight Range As Risk Appetite Improves
• Gold Futures Edge Up To 3-week High On Soft U.S. Dollar
• Swiss Employment Level Rises More-than-expected In Q1
• Forex – NZD/USD Nears 3-year High On China Investment Hopes
• Forex – AUD/USD Hits 3-day High As Commodities, Data Support
• Asia Stocks Broadly Higher On Commodities; Nikkei Jumps 1.5%
• Forex – EUR/USD Hits 4-day High On China Bond Interest
• Swiss Trade Surplus Widens Less-than-expected In April
• Australian Private New Capital Expenditure Rises More-than-expected
• Bull Of The Day: Kinetic Concepts, Inc. (KCI)
• Bear Of The Day: Universal Tech Institute (UTI)
• Growth & Income Stock: Avista Corp.
• Momentum Stock: Krispy Kreme Doughnuts, Inc.
• Aggressive Growth Stock: Cypress Semiconductor
• Forex – EUR/USD Up During The Asian Session
• Forex News – Awaiting The U.S. GDP
• Crude Oil Positioned To Rise On US GDP Revision, Gold May Drop As Greece Fears Fade
• Forex – GBP/USD Up In Asian Trade
• USD/JPY Daily Fundamental Analysis For May 27, 2011
• NZD/USD Daily Fundamental Analysis For May 27, 2011
• AUD/USD Daily Fundamental Analysis For May 27, 2011
• AUD/NZD Daily Fundamental Analysis For May 27, 2011
• Forex – EUR/CHF Up In Asian Trading Hours
• 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
• Forex – AUD/USD Up During Asian Trade
• USD/JPY Breaking A Rising Wedge Towards Channel Support
• Forex – EUR/USD Up During The Asian Session
• Forex – EUR/JPY Up During Asian Trade
• URC: On Track To Meet Target Price
• Forex Trading: Euro With A Light Bid
• Forex – GBP/JPY Up During The Asian Session
• BUY NUGT $32.00 — US Dollar Update — New Trade Ideas
• USD/JPY Technical Analysis For May 26, 2011
• USD/CHF Technical Analysis For May 26, 2011
• USD/CAD Technical Analysis For May 26, 2011
• NZD/USD Technical Analysis For May 26, 2011
• GBP/USD Technical Analysis For May 26, 2011
• GBP/JPY Technical Analysis For May 26, 2011
• GBP/CHF Technical Analysis For May 26, 2011
• EUR/USD Technical Analysis For May 26, 2011
• EUR/JPY Technical Analysis For May 26, 2011
• EUR/GBP Technical Analysis For May 26, 2011
• EUR/CHF Technical Analysis For May 26, 2011
• AUD/USD Technical Analysis For May 26, 2011
• AUD/NZD Technical Analysis For May 26, 2011
• Charles Nenner And Harry Dent Jr 2012 Cycle Bears – Part One
• USD/CAD Daily Fundamental Analysis For May 26, 2011

Wheat Futures Hit 3-day High On Concerns Over Global Supplies Posted: 26 May 2011 03:09 AM PDT Forex Pros – utures Pros &ndash; Wheat futures rallied for a second day on Thursday, climbing to a three-day high as concerns over crop conditions in key wheat-growing regions around the world boosted prices. <br /><br />On the Chicago Mercantile Exchange, wheat futures for July delivery traded at USD8.0862 a bushel during European morning trade, jumping 1.3%. <br /><br />It earlier rose as much as 1.46% to USD8.1225 a bushel, the highest price since May 23.<br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CHF Slips To 3-week Low As Euro Debt Concerns Linger Posted: 26 May 2011 02:52 AM PDT Forex Pros – The U.S. dollar slipped to a three-week low against the Swiss franc on Thursday, as ongoing uncertainty over the Greek debt crisis continued to weigh on market sentiment.<br /><br />USD/CHF hit 0.8696 during European morning trade, the pair&rsquo;s lowest since May 6; the pair subsequently consolidated at 0.8711, shedding 0.16%.<br /><br />The pair was likely to find support at 0.8554, the low of May 5 and the pair&rsquo;s all-time low and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Euro Rebounds From 2-month Low Against Sterling Posted: 26 May 2011 02:25 AM PDT Forex Pros – The euro rebounded from a two-month low against the pound on Thursday, boosted by reports that China is interested in buying bailout bonds for Portugal but sentiment remained fragile amid worries over Greek debt.<br /><br />EUR/GBP hit 0.8710 during European morning trade, the daily high; the pair subsequently consolidated at 0.8691, gaining 0.40%.<br /><br />The pair was likely to find support at 0.8631, Wednesday&rsquo;s low and a two-month low and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

European Stocks Broadly Higher On Financials; DAX Up 0.2% Posted: 26 May 2011 02:06 AM PDT Forex Pros – European stock markets were broadly higher on Thursday, as shares in the financial and raw material 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 0.22%, France&rsquo;s CAC 40 gained 0.35%, while Germany’s DAX 30 edged 0.18% higher.<br />&nbsp; <br />The Financial Times reported earlier that European Financial Stability Facility Chief Executive … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: EUR/$ Testing 50.0% Hourly Retracement Posted: 26 May 2011 02:01 AM PDT The EUR/USD has been finding some support at the 1.4156 level for the past couple of hours with additional support added by the 200 hour moving average at this level. If we can see a pass through here, to the downside, we could see further selling; in which case 1.41123 is the next target. Continued support, which would lead to some possible consolidation here, could see us back towards the 1.4200 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Dollar Broadly Lower Vs. Rivals As Risk Aversion Eases Posted: 26 May 2011 01:30 AM PDT Forex Pros – The U.S. dollar was broadly lower against its major counterparts on Thursday, as market sentiment was boosted by the possibility that China will step up European bond purchases.<br /><br />During European morning trade, the greenback was down against the euro, with EUR/USD climbing 0.61% to hit 1.4174.<br /><br />The single currency was boosted after European Financial Stability Facility Chief Executive Officer Klaus Regling said China was … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Crude Oil Climbs To 2-week High As U.S. Fuel Demand Jumps Posted: 26 May 2011 01:20 AM PDT Forex Pros – Crude oil futures were up for a third day on Thursday, hitting a two-week high as prices were boosted by a softer U.S. dollar and indications of strong fuel demand in the U.S.<br /><br />On the New York Mercantile Exchange, light, sweet crude futures for delivery in July traded at USD101.45 a barrel during European morning trade, gaining 0.38%.&nbsp;&nbsp;&nbsp;&nbsp; <br /><br />It earlier rose as much as 0.8% to USD101.90 a barrel, the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Hits 2-week High As Sentiment Strengthens Posted: 26 May 2011 01:01 AM PDT Forex Pros – The pound edged higher against the U.S. dollar on Thursday, rising to a two-week high as risk aversion eased, bolstering demand for riskier assets.<br /><br />GBP/USD hit 1.6334 during European morning trade, the pair&rsquo;s highest since May 12; the pair subsequently consolidated at 1.6297, gaining 16%.<br /><br />Cable was likely to find support at 1.6130, Wednesday&rsquo;s low and short-term 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

Forex – USD/JPY In Tight Range As Risk Appetite Improves Posted: 26 May 2011 12:41 AM PDT Forex Pros – The U.S. dollar was trading in a tight range against the yen on Thursday, swinging between small gains and losses as risk appetite improved, dampening demand for safe haven assets.<br /><br />USD/JPY hit 81.67 during early European trade, the pair&rsquo;s lowest since May 23; the pair subsequently consolidated at 81.92, dipping 0.04%.<br /><br />The pair was likely to find support at 80.93, the low of May 18 and short-term resistance at 82.21, the high … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gold Futures Edge Up To 3-week High On Soft U.S. Dollar Posted: 26 May 2011 12:34 AM PDT Forex Pros – Gold futures edged higher on Thursday, climbing to a three-week high as a broadly weaker U.S. dollar boosted the appeal of the precious metal, while silver prices rallied to a two-week high. <br /><br />On the Comex division of the New York Mercantile Exchange, gold futures for August delivery traded at USD1,529.85 a troy ounce during late Asian trade, rising 0.2%.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br /><br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Swiss Employment Level Rises More-than-expected In Q1 Posted: 26 May 2011 12:19 AM PDT Forex Pros – The number of people employed in Switzerland rose more-than-expected in the first quarter, official data showed on Thursday.<br /><br />In a report, the Swiss Federal Statistics Office said that the number of employed people in Switzerland rose to a seasonally adjusted 4.11 million during the first quarter, up from 4.09 million in the preceding quarter.<br /><br />Analysts had expected the Swiss employment level to rise to 4.10 million in the first … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – NZD/USD Nears 3-year High On China Investment Hopes Posted: 26 May 2011 12:17 AM PDT Forex Pros – The New Zealand dollar was trading close to a three-year high against its U.S. counterpart on Thursday, boosted by reports that a major Chinese company planned to invest in the nation&rsquo;s assets and after remarks by the country&rsquo;s finance minister.<br /><br />NZD/USD hit 0.8114 during late Asian trade, the pair&rsquo;s highest since May 2; the pair subsequently consolidated at 0.8087, surging 1.23%.<br /><br />The pair was likely to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Hits 3-day High As Commodities, Data Support Posted: 25 May 2011 11:58 PM PDT Forex Pros – The Australian dollar rose to a three-day high against its U.S. counterpart on Thursday, supported by strong commodity prices and data showing that capital spending rose more-than-expected in the March quarter.<br /><br />AUD/USD hit 1.0613 during late Asian trade, the pair&rsquo;s highest since May 23; the pair subsequently consolidated at 1.0591, gaining 0.54%.<br /><br />The pair was likely to find support at 1.0478, Tuesday&rsquo;s low and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Asia Stocks Broadly Higher On Commodities; Nikkei Jumps 1.5% Posted: 25 May 2011 11:52 PM PDT Forex Pros – Asian stock markets were broadly higher on Thursday, as shares in commodity producers led gains after Deutsche Bank upgraded the raw material sector. <br /><br />During late Asian trade, Hong Kong’s Hang Seng Index rose 0.6%, South Korea’s Kospi Composite rallied 2.75%, while Japan&rsquo;s Nikkei 225 Index jumped 1.48%. <br /><br />Deutsche Bank said it expected commodity producers to deliver a return on equity of 20%. In a report published earlier, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Hits 4-day High On China Bond Interest Posted: 25 May 2011 11:27 PM PDT Forex Pros – The euro was up against the U.S. dollar on Thursday, climbing to a four-day high, supported by the possibility that China will step up European bond purchases but concerns over the Greek debt crisis continued to linger.<br /><br />EUR/USD hit 1.4190 during late Asian trade, the pair&rsquo;s highest since May 20; the pair subsequently consolidated at 1.4174, gaining 0.61%.<br /><br />The pair was likely to find support at 1.4001, Tuesday&rsquo;s low … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Swiss Trade Surplus Widens Less-than-expected In April Posted: 25 May 2011 11:27 PM PDT Forex Pros – Switzerland’s trade surplus widened less-than-expected in April, official data showed on Thursday.<br /><br />In a report, Switzerland&rsquo;s Federal Statistics Office said the trade balance, or difference between imported and exported goods and services widened to CHF1.52 billion in April, up from CHF1.0 billion in March, whose figure was revised down from CHF1.09 billion.<br /><br />Economists had expected the trade surplus to widen to CHF2.0 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Australian Private New Capital Expenditure Rises More-than-expected Posted: 25 May 2011 11:24 PM PDT Forex Pros – Australian private new capital expenditure rose more-than-expected in the first quarter of 2011, official data showed on Thursday.<br /><br />In a report, Australian Bureau of Statistics said that Australian private new capital expenditure rose by a seasonally adjusted 3.4%, from 1.5% in the preceding quarter, whose figure was revised up from 1.3%.<br /><br />Analysts had expected Australian private new capital expenditure to rise 2.8% in the first … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bull Of The Day: Kinetic Concepts, Inc. (KCI) Posted: 25 May 2011 11:05 PM PDT Kinetic Concepts’ (NYSE:KCI) first quarter fiscal 2011 adjusted EPS was $1.11, beating the year-ago quarter’s $0.91. Active Healing Solutions revenues increased banking on higher unit volumes in the US, resulting from increased usage of traditional VAC therapy products and new negative pressure-based therapies. The LifeCell business increased penetration into EMEA markets. Though the company had been witnessing declining TSS revenue, the situation has improved a lot, which is reflected in the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bear Of The Day: Universal Tech Institute (UTI) Posted: 25 May 2011 11:05 PM PDT Universal Technical Institute’s (NYSE:UTI) average enrollment of the educational institute rose 8.5% in the first quarter but dropped 690 basis points sequentially. Moreover, the rate of fall in the new enrollments accelerated to 13% during the quarter, following a decline of 5% in fourth-quarter 2010. Management warned that enrollment of new students for fiscal 2011 will be below the prior-year level due to regulations proposed by the Department of Education, and will consequently result in a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Growth & Income Stock: Avista Corp. Posted: 25 May 2011 11:05 PM PDT When the cold and wet weather swept across much of the U.S. last winter, Americans cranked up their thermostats, and utilities like Avista Corp. (NYSE:AVA) cashed in. The company recently reported better than expected first quarter results due in large part to cold weather. Analysts revised their estimates higher off the solid quarter, sending the stock to a Zacks #2 Rank (Buy). The company is expected to grow EPS in the mid- to upper-single digits over the next two years. On top of this growth, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Momentum Stock: Krispy Kreme Doughnuts, Inc. Posted: 25 May 2011 11:05 PM PDT Krispy Kreme Doughnuts, Inc. (NYSE:KKD) just jumped into a new multi-year high after reporting an impressive 44% earnings surprise. Estimates have since moved higher as well, providing more momentum for this Zacks #1 rank stock. Company Description Krispy Kreme Doughnuts, Inc. operates as a retailer of doughnuts, beverages and various treats. The company was founded in $537 million. KKD had been trading weak for most of the year before perking up over the last month and surging into a new high on … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Aggressive Growth Stock: Cypress Semiconductor Posted: 25 May 2011 11:05 PM PDT Cypress Semiconductor Corp (NYSE:CY) reported yet another earnings surprise last month and has analysts raising estimates, both factoring into its Zacks #1 Rank (Strong Buy). The long-term earnings trend is encouraging and the company operates in a red-hot industry. Company Description Cypress is an international semiconductor company that offers high-performance, mixed signal, programmable solutions. The company’s products are used in a variety of areas, but the TrueTouch used in the booming … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up During The Asian Session Posted: 25 May 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 1.4180, up 0.65% at time of writing.<br/><br/> The pair was likely to find support at 1.3970, Monday&rsquo;s low, and resistance at 1.4182, today&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.39% to hit 0.8691 and EUR/JPY rising 0.33% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex News – Awaiting The U.S. GDP Posted: 25 May 2011 10:50 PM PDT By ForexMansion.com   Optimism is seen across broad markets today although there were no fundamentals to support it. However commodities gained today, as investors were more confident about the global recovery, dragging the Asian and European stock markets higher. As the global economy seems to be in a good shape, investors seized the opportunity to turn there attention for a while from the deepening credit crisis, Japan's economic struggle and the disappointing European and US economic … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Crude Oil Positioned To Rise On US GDP Revision, Gold May Drop As Greece Fears Fade Posted: 25 May 2011 10:37 PM PDT Commodities – Energy Crude Oil to Extend Gains on US GDP Revision WTI Crude Oil (NY Close): $101.32 // +1.73 // +1.74% Prices took out the top of a descending triangle pattern, exposing the 38.2% Fibonacci retracement of the drop from the May 2 high at $102.35. A break above this boundary exposes the 50% level at $104.73. Broadly speaking, anything shy of a daily close above the latter boundary keeps the overall structure broadly bearish. Near-term support stands at the psychologically … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Up In Asian Trade Posted: 25 May 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 1.6304, up 0.19% at time of writing.<br/><br/> The pair was likely to find support at 1.6060, Monday&rsquo;s low, and resistance at 1.6334, today&rsquo;s high.<br/><br/> Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.34% to hit 0.8686 and GBP/JPY falling 0.06% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/JPY Daily Fundamental Analysis For May 27, 2011 Posted: 25 May 2011 10:14 PM PDT By ForexMansion.com The USD/JPY pair continues to trade within a narrow range since Monday, where the market sentiment couldn't give the Japanese currency enough support after Japan fell in its third recession in a decade. The devastating earthquake that hit Japan in March 11 was the main reason behind the first quarter contraction, where Bank of Japan Governor Masaaki Shirakawa warned that the Japanese economy is experienced a very sever state. Despite the gloomy economic data from the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

NZD/USD Daily Fundamental Analysis For May 27, 2011 Posted: 25 May 2011 10:10 PM PDT By ForexMansion.com The New Zealand dollar has broken all expectations after it gained sharply against all major counterparts, especially versus the US dollar on Thursday, as China Investment Corp. announced that the company is planning to increase its investments in New Zealand. Investors' demand for the Asian currencies is still evident, where the New Zealand dollar rose sharply against major currencies after the decline, as Asian stock markets rebounded on raw materials gains increased … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AUD/USD Daily Fundamental Analysis For May 27, 2011 Posted: 25 May 2011 10:05 PM PDT By ForexMansion.com Asian currencies have grabbed investors’ attention after the decline; the Australian dollar reversed its downside movement to bullish against the dollar on Thursday with eased jitters over the debt crisis and global recovery. Economic growth in Australian continues its forward track offsetting the pressures of the fears over slowing global recovery, the European debt crisis, and Japanese quake that have negative results on the global economic recovery. Moreover, the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AUD/NZD Daily Fundamental Analysis For May 27, 2011 Posted: 25 May 2011 09:59 PM PDT By ForexMansion.com The AUD/NZD pair continued its sharp downside move on Thursday to reach its lowest level in 14 weeks, after the Kiwi recorded its highest level in 4 weeks against the greenback. The New Zealand dollar will continue its upside movement as the New Zealand economy on the foreseen improving outlook for growth. Furthermore, the Kiwi finds enough support from the market risk appetite after the US dollar retreated against high yielding currencies. The RBNZ is facing more pressure … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/CHF Up In Asian Trading Hours Posted: 25 May 2011 09:55 PM PDT Forex Pros – The Euro was higher against the Swiss Franc on Thursday.<br/><br/> EUR/CHF was trading at 1.2328, up 0.28% at time of writing.<br/><br/> The pair was likely to find support at 1.2271, Wednesday&rsquo;s low, and resistance at 1.2468, Tuesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.51% to hit 1.4160 and EUR/JPY rising 0.26% 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: 25 May 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 0.8711, down 0.17% at time of writing.<br/><br/> The pair was likely to find support at 0.8706, today&rsquo;s low, and resistance at 0.8893, Monday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the Japanese Yen, with EUR/USD gaining 0.45% to hit 1.4152 and USD/JPY falling 0.12% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/GBP Up During The Asian Session Posted: 25 May 2011 09:00 PM PDT Forex Pros – The Euro was higher against the British Pound on Thursday.<br/><br/> EUR/GBP was trading at 0.8671, up 0.16% at time of writing.<br/><br/> The pair was likely to find support at 0.8632, Wednesday&rsquo;s low, and resistance at 0.8752, Tuesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.40% to hit 1.4144 and EUR/JPY rising 0.29% 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: 25 May 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 81.87, down 0.12% at time of writing.<br/><br/> The pair was likely to find support at 81.33, Monday&rsquo;s low, and resistance at 82.21, Tuesday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.50% to hit 1.4159 and GBP/USD rising 0.25% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CAD Down In Asian Trading Hours Posted: 25 May 2011 08:10 PM PDT Forex Pros – The U.S. Dollar was lower against the Canadian Dollar on Thursday.<br/><br/> USD/CAD was trading at 0.9764, down 0.10% at time of writing.<br/><br/> The pair was likely to find support at 0.9734, Monday&rsquo;s low, and resistance at 0.9816, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.50% to hit 1.4159 and GBP/USD rising 0.25% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Up During Asian Trade Posted: 25 May 2011 07:30 PM PDT Forex Pros – The Australian Dollar was higher against the U.S. Dollar on Thursday.<br/><br/> AUD/USD was trading at 1.0592, up 0.55% at time of writing.<br/><br/> The pair was likely to find support at 1.0441, Wednesday&rsquo;s low, and resistance at 1.0656, Monday&rsquo;s high.<br/><br/> Meanwhile, the Australian Dollar was up against the Euro and the Japanese Yen, with EUR/AUD shedding 0.02% to hit 1.3374 and AUD/JPY rising 0.46% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/JPY Breaking A Rising Wedge Towards Channel Support Posted: 25 May 2011 07:11 PM PDT USD/JPY in a 3-Swing Retracement to 83.30? (5/24) USD/JPY Short-Term- The USD/JPY can be seen in the 1H chart breaking below a rising wedge, a sign that the market could be topping in the short-term. - The 1H RSI reading has been swinging roughly between 60 and 40. If the market is to confirm a bearish attempt, it should break below 30. - The bullish scenario needs to contain the market above the previous pivot at 81.80. It has another chance with a rising channel. - If the market is then … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up During The Asian Session Posted: 25 May 2011 07:05 PM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Thursday.<br/><br/> EUR/USD was trading at 1.4163, up 0.53% at time of writing.<br/><br/> The pair was likely to find support at 1.3970, Monday&rsquo;s low, and resistance at 1.4173, today&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.22% to hit 0.8676 and EUR/JPY rising 0.42% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/JPY Up During Asian Trade Posted: 25 May 2011 06:35 PM PDT Forex Pros – The Euro was higher against the Japanese Yen on Thursday.<br/><br/> EUR/JPY was trading at 115.93, up 0.39% at time of writing.<br/><br/> The pair was likely to find support at 113.88, Monday&rsquo;s low, and resistance at 116.17, Tuesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and the British Pound, with EUR/USD gaining 0.40% to hit 1.4145 and EUR/GBP rising 0.09% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

URC: On Track To Meet Target Price Posted: 25 May 2011 06:19 PM PDT The equities markets have been battered for the last couple of weeks, making majority of the stocks depressed as well. One company, however, appears to be standing strong is Universal Robina Corporation (URC). Last May 13, 2011, URC broke out from a cup and handle formation. The very next day, the breakout was validated by a strong surge in buying that pushed URC's price to a high of PHP43.15. Since then, however, URC, has weakened back to around PHP 40.00 before jumping back to PHP 41.50 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: Euro With A Light Bid Posted: 25 May 2011 06:07 PM PDT The EUR/USD pair has climbed back above the 1.42 handle early in Asia, driven by the bid on the Nikkei and SPI, both up over 1% respectively as US futures are also looking firmer. However, with the Sovereign debt crisis continuing on a downward spiral and with no consensus on "restructuring" Greek debt and the addition of Italy as another vulnerable member of the Euro, it remains difficult to create a fundamantal argument for the EUR/USD bulls. However, on the chart … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/JPY Up During The Asian Session Posted: 25 May 2011 05:45 PM PDT Forex Pros – The British Pound was higher against the Japanese Yen on Thursday.<br/><br/> GBP/JPY was trading at 133.67, up 0.21% at time of writing.<br/><br/> The pair was likely to find support at 131.28, Monday&rsquo;s low, and resistance at 133.77, today&rsquo;s high.<br/><br/> Meanwhile, the British Pound was up against the U.S. Dollar and down against the Euro, with GBP/USD gaining 0.21% to hit 1.6308 and EUR/GBP rising 0.01% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

BUY NUGT $32.00 — US Dollar Update — New Trade Ideas Posted: 25 May 2011 05:44 PM PDT Today was another good day in the stock market for the precious metal bulls. Gold closed mostly unchanged, silver up nearly 3.5%, and those miners – the HUI index - closed a second day above it’s 200 dma with a nearly 1% advance. The US Dollar, meanwhile, tried to advance but was turned back to close essentially unchanged. For today’s charts, let’s begin with a look at the US Dollar, then today’s purchase of the 2X Miner ETF NUGT, and conclude with a pair of new trade ideas for the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/JPY Technical Analysis For May 26, 2011 Posted: 25 May 2011 04:41 PM PDT By ForexMansion.com   The USD/JPY pair fell Wednesday, but formed a hammer right below the 82 mark. The pair has a bullish bias, but looks a little confused at the moment. For this reason, we are waiting to see if we can get a pullback in which to buy. We don't short this pair – too many central banks are waiting below. 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/CHF Technical Analysis For May 26, 2011 Posted: 25 May 2011 04:40 PM PDT By ForexMansion.com   The USD/CHF pair fell again during Wednesday's trading as the overall trend line on this chart seems to be holding. The CHF is strengthening against almost all currencies, so this is no real surprise. The market is definitely a sell on the rallies kind, and this latest move simply reiterates it. 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 May 26, 2011 Posted: 25 May 2011 04:39 PM PDT By ForexMansion.com   The USD/CAD pair tried to rally during the day Wednesday, but fell short as it formed a shooting star. The current area of 0.97 to 0.98 should be considered strong resistance, and it should also be noted that the oil markets look like they are becoming bullish again. Because of this, we could see a down move in this market. If the cross can stay under 0.97, this would be a great sell signal. Originally posted here Read more about forex technical analysis, forex … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

NZD/USD Technical Analysis For May 26, 2011 Posted: 25 May 2011 04:36 PM PDT By ForexMansion.com   The NZD/USD pair fell on Wednesday, but found buyers in the latter hours as it ran back up to the top of the consolidation area that it has found itself in for a few weeks. The 0.80 looks formidable, but the buoyancy of this pair shows that it wants to break out. Shorting is becoming increasingly difficult. We look to buy on dips now. 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/USD Technical Analysis For May 26, 2011 Posted: 25 May 2011 04:35 PM PDT By ForexMansion.com   The GBP/USD pair rose on Wednesday, and is currently testing the 1.63 area. If it breaks above there, we feel much more confident in buying this pair as it should run back towards 1.68 because of it. The pair has been in an uptrend for quite some time now, and this wouldn't be surprising. Look for buying opportunities on a close above 1.63 or so. 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/JPY Technical Analysis For May 26, 2011 Posted: 25 May 2011 04:34 PM PDT By ForexMansion.com   The GBP/JPY pair rose Wednesday, but fell short of breaking above the 134 resistance area. This leads us to believe that there will more than likely be consolidation in the 130-134 area for a while as this pair remains bullish biased, but there are a lot of fears in the marketplace in general right now. The central banks are still waiting below. Because of this we only buy this pair. Originally posted here Read more about forex technical analysis, forex … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GBP/CHF Technical Analysis For May 26, 2011 Posted: 25 May 2011 04:33 PM PDT By ForexMansion.com   The GBP/CHF pair fell Wednesday, but held support and formed a hammer. The 1.42 is turning out to be very important and significant support as time goes by. The market is decidedly down, so we don't like longs – even if there is a good shot at a bounce here. Look to sell rallies. Originally posted here Read more about forex technical analysis, forex fundamental analysis and forex news on ForexMansion.com About ForexMansion.com: www.ForexMansion.com is a part … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/USD Technical Analysis For May 26, 2011 Posted: 25 May 2011 04:31 PM PDT By ForexMansion.com   The EUR/USD fell, and then bounced at the 1.40 level on Wednesday as the markets took a breath after falling in general. The EU still is a dangerous place to be investing in. The pair looks like it is set to bounce around between 1.40 and 1.42, and could for a while. However, there is a lot of headline risk involved with holding the Euro. 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

EUR/JPY Technical Analysis For May 26, 2011 Posted: 25 May 2011 04:27 PM PDT By ForexMansion.com   The EUR/JPY pair fell Wednesday, but formed a hammerish bar at the end of the day. Although this pair has a somewhat upside bias, with Europe's issues right now, there are always going to be better currencies to trade against the Yen. We are avoiding this pair for the time being. Originally posted here Read more about forex technical analysis, forex fundamental analysis and forex news on ForexMansion.com About ForexMansion.com: www.ForexMansion.com is a part … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/GBP Technical Analysis For May 26, 2011 Posted: 25 May 2011 04:26 PM PDT By ForexMansion.com   The EUR/GBP pair fell, breaking through support in the Wednesday session. The pair is currently testing the 0.8650 area, and could bounce from here – but this market looks weak. Add to that the GBP strength against other crosses, and you have the correct variables for a down move. Originally posted here Read more about forex technical analysis, forex fundamental analysis and forex news on ForexMansion.com About ForexMansion.com: www.ForexMansion.com is a part … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/CHF Technical Analysis For May 26, 2011 Posted: 25 May 2011 04:25 PM PDT By ForexMansion.com   The EUR/CHF fell, breaking through all-time lows again in the EUR/CHF pair during Wednesday's session. The market looks extremely weak, and set to continue in a downward direction. The recent consolidation is measures 800 pips, and that could be our long-term target on the downside, giving us a final calculation of 1.16 in this pair at the end of this move. Originally posted here Read more about forex technical analysis, forex fundamental analysis and forex … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AUD/USD Technical Analysis For May 26, 2011 Posted: 25 May 2011 04:24 PM PDT By ForexMansion.com   The AUD/USD pair fell on Wednesday, but bounced to form a hammer in late trading. This sets up a possible long signal as a break of the top of Wednesday's trading would signal more buyers have entered the marketplace. The trading signal is simple: A break above Wednesday's highs is a buy signal; a break below is a sell. 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

AUD/NZD Technical Analysis For May 26, 2011 Posted: 25 May 2011 04:23 PM PDT By ForexMansion.com   The AUD/NZD pair fell on Wednesday, piercing the all-important 1.32 support line. While there is still support below, this is a significant turn of events in this pair that has been so decidedly bullish for so long. A break of Wednesday's low sends this pair down even further. Buying is very difficult until we see some kind of strength. 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

Charles Nenner And Harry Dent Jr 2012 Cycle Bears – Part One Posted: 25 May 2011 10:22 AM PDT Charles Nenner and Harry Dent Jr have both stood tall on their soap box and loudly proclaimed the Dow Jones is heading south to a new cycle low in 2012/13. We are going to watch this show closely, examining cycles in currencies, stocks, bonds and commodities to find supporting evidence as to the likelyhood of this scenario occurring. Our website will be live soon, so you can run your own cycles to construct your own conclusions. A quick review of 2012/13 doomers. Charles Nenner on 15 July … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/CAD Daily Fundamental Analysis For May 26, 2011 Posted: 25 May 2011 08:45 AM PDT By ForexMansion.com The USD/CAD pair was little changed on Wednesday, as mixed feelings dominated markets, as falling durable goods and ongoing concerns over Europe's debt crisis on one hand weighed down on confidence, while rising commodity prices and strong GDP growth in the U.K. provided a reason for optimism in markets, and accordingly, the USD/CAD pair settled after rising earlier on Wednesday on falling oil prices. The USD/CAD pair should continue to rise over the short term, where the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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