DailyMarkets.com - Britain’s CBI Realized Sales Tumble In June

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• Britain’s CBI Realized Sales Tumble In June
• Forex – EUR/GBP Down As Concerns Over Greek Debt Crisis Continue
• Soybeans Hover Close To 5-week Low On Easing Crop Concerns
• Forex Trading: Euro Continuing Lower
• Forex – USD/CHF Trims Gains As Fed Outlook, Euro Crisis Weigh
• European Stocks Slide On Fed Outlook; DAX Down 0.9%
• 4 Stocks To Watch Out For Today
• Britain’s BBA Mortgage Approvals Rise More-than-expected
• Forex – Dollar Up Vs. Most Rivals After Fed Signals End To Easing
• HKMA Holds Base Rate At 0.50% Following US FOMC
• Forex – GBP/USD Hits 11-week Low As BoE Looks At Easing
• Euro Zone Manufacturing PMI Falls To 18-month Low
• Crude Oil Futures Decline As U.S. Growth Concerns Weigh
• Forex Trading: Eurozone Manufacturing PMI 52.0 Vs. 53.8 Expected.
• German Manufacturing PMI Drops To 17-month Low In June
• Forex – Dollar Hits 4-day High Vs. Yen After Fed Says Easing To End
• Gold Futures Ease Down As Dollar Gains On Fed Outlook
• Forex – NZD/USD Edges Higher On Govt. Home Buyout Plan
• Forex – AUD/USD Slips To 3-day Low As Fed Cuts Forecast For Growth
• Asia Stocks Slump On U.S. Fed Forecast; Nikkei Down 0.35%
• Forex – EUR/USD Hits 3-day Low After Fed Policy Statement
• Swiss Trade Surplus Widens More-than-expected In May
• U.S Federal Reserve Keeps Interest Unchanged
• Bull Of The Day: Hubbell, Inc. (HUB.B)
• Bear Of The Day: Companhia Siderurgica Nacional
• Growth & Income Stock: Oxford Industries, Inc.
• Aggressive Growth Stock: Genesee & Wyoming Inc.
• Momentum Stock: Select Comfort Corp
• Forex – EUR/USD Down During The Asian Session
• Forex – GBP/USD Down In Asian Trade
• Forex – EUR/CHF Down In Asian Trading Hours
• Forex – USD/CHF Up During Asian Trade
• Darda: Greece Could Be The Tip Of The Iceberg
• Analyst: Gold And Oil Set To Decline
• Forex – EUR/GBP Down During The Asian Session
• Bearish Breakout Of Short-term Ascending Triangle Spotted In The EUR/CHF
• Peter Schiff And Max Keiser Discuss Inflation
• Forex – USD/JPY Up During Asian Trade
• Forex – USD/CAD Down In Asian Trading Hours
• I Think The Lightbulb Just Got Switched On
• Forex – AUD/USD Down During Asian Trade
• Forex – EUR/USD Down During The Asian Session
• Forex – EUR/JPY Down During Asian Trade
• Forex – GBP/JPY Down During The Asian Session
• USD/JPY Technical Analysis For June 23, 2011
• USD/CHF Technical Analysis For June 23, 2011
• USD/CAD Technical Analysis For June 23, 2011
• NZD/USD Technical Analysis For June 23, 2011
• GBP/USD Technical Analysis For June 23, 2011
• GBP/JPY Technical Analysis For June 23, 2011
• GBP/CHF Technical Analysis For June 23, 2011
• EUR/USD Technical Analysis For June 23, 2011
• EUR/JPY Technical Analysis For June 23, 2011
• EUR/GBP Technical Analysis For June 23, 2011
• EUR/CHF Technical Analysis For June 23, 2011
• AUD/USD Technical Analysis For June 23, 2011
• AUD/NZD Technical Analysis For June 23, 2011

Britain’s CBI Realized Sales Tumble In June Posted: 23 Jun 2011 03:13 AM PDT Forex Pros – Retail sales in Britain fell significantly more-than-expected in June, disappointing retailers&rsquo; expectations of growth, industry data showed on Thursday.<br /><br />In a report, the Confederation of British Industry said the result of its index of U.K. retailers tumbled 20 points to minus 2 in June from 18 in May. <br /><br />Analysts had expected the index to fall to 13 in June. <br /><br />On the index, a reading above zero … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/GBP Down As Concerns Over Greek Debt Crisis Continue Posted: 23 Jun 2011 03:12 AM PDT Forex Pros – The euro was lower against the pound on Thursday, as concerns over Greece&rsquo;s debt crisis continued to weigh and after data showed that private sector activity in the euro zone grew at its slowest rate in more than a year-and-a-half in June.<br /><br />EUR/GBP hit 0.8893 during European morning trade, the daily low; the pair subsequently consolidated at 0.8907, shedding 0.25%.<br /><br />The pair was likely to find support at 0.8844, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Soybeans Hover Close To 5-week Low On Easing Crop Concerns Posted: 23 Jun 2011 03:02 AM PDT Forex Pros – Soybean futures were down on Thursday, extending the previous day&rsquo;s sharp decline as favorable weather in the U.S. eased concerns over tightening supplies, while a broadly stronger U.S. dollar also weighed.<br /><br />On the Chicago Mercantile Exchange, soybean futures for July delivery traded at USD13.2350 a bushel during European morning trade, slumping 0.51%.&nbsp; <br /><br />It earlier fell to a daily low of USD13.2225 a bushel, just … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: Euro Continuing Lower Posted: 23 Jun 2011 03:00 AM PDT It seems that the euro still has not found a bottom as it continues lower. Seen on an hourly chart for the EUR/USD, the pair has moved lower through the 50.0% retracement line on the move from June 16th lows to yesterday's high; the next target appears to be … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CHF Trims Gains As Fed Outlook, Euro Crisis Weigh Posted: 23 Jun 2011 02:33 AM PDT Forex Pros – The U.S. dollar trimmed gains against the Swiss franc on Thursday, pulling back from a two-day high after the Federal Reserve cut its outlook for growth and concerns over Greece&rsquo;s sovereign debt crisis continued to simmer.<br /><br />USD/CHF pulled away from 0.8437, the pair&rsquo;s highest since Tuesday, to hit 0.8405 during European morning trade, still up 0.10% on the day.<br /><br />The pair was likely to find support at 0.8325, the low … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

European Stocks Slide On Fed Outlook; DAX Down 0.9% Posted: 23 Jun 2011 02:01 AM PDT Forex Pros – European stock markets were broadly lower on Thursday, after the Federal Reserve cut its outlook for U.S. economic growth and gave no indications of further monetary stimulus, dampening demand for riskier assets.<br /><br />During European morning trade, the EURO STOXX 50 tumbled 1.2%, France&rsquo;s CAC 40 slumped 0.95%, while Germany’s DAX 30 fell 0.9%. <br /><br />The Federal Reserve on Wednesday downgraded its 2011 U.S. economic growth forecast to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

4 Stocks To Watch Out For Today Posted: 23 Jun 2011 01:36 AM PDT  ( click to enlarge ) Netflix, Inc. (NASDAQ:NFLX) failed to hold the support of $252.22 signaling room for further weakness in the near term. Keep watching the stock for a major downmove if it breaks the next support at $247.29 on a close basis. With this recent fall, the daily relative strength index (RSI) of the stock has re-entered into the bearish zone. The short-term outlook for the stock is bearish.  ( click to enlarge ) Zagg Inc (ZAGG) – Nice looking breakout with huge … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Britain’s BBA Mortgage Approvals Rise More-than-expected Posted: 23 Jun 2011 01:35 AM PDT Forex Pros – Mortgage approvals in the U.K. rose more-than-expected in May, industry data showed on Thursday.<br /><br />In a report, the British Banker’s Association said that the number of new mortgages approved in May rose to 30.5K from 29.7K in April, whose figure was revised up from 29.4K.&nbsp; <br /><br />Analysts had expected the number of mortgage approvals to rise to 30.0K in May.<br /><br />Following the release of that data, the pound was … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Dollar Up Vs. Most Rivals After Fed Signals End To Easing Posted: 23 Jun 2011 01:32 AM PDT Forex Pros – The U.S. dollar higher against most of its major counterparts on Thursday, after Federal Reserve Chairman Ben Bernanke gave no signals of any further monetary easing after the current program ends later this month.<br /><br />During European morning trade, the greenback was up against the euro, with EUR/USD shedding 0.58% to hit 1.4271.<br /><br />Earlier in the day, preliminary data showed that manufacturing activity in Germany fell more-than-expected in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

HKMA Holds Base Rate At 0.50% Following US FOMC Posted: 23 Jun 2011 01:31 AM PDT The Hong Kong Monetary Authority maintained its base interest rate unchanged at 0.50% following the decision of the US Federal Reserve to leave the fed funds rate unchanged at 0-0.25%.  In a statement to the media the HKMA said: ”We understand that QE2 will end in June as scheduled,”…”We have noticed that there is strong demand in Hong Kong dollar credit loans and therefore, Hong Kong dollar lending and deposit rates have some upward pressure.” The HKMA also maintained … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Hits 11-week Low As BoE Looks At Easing Posted: 23 Jun 2011 01:10 AM PDT Forex Pros – The pound was down against the U.S. dollar on Thursday, extending the previous day&rsquo;s sharp decline after the minutes of this month&rsquo;s Bank of England policy meeting showed policymakers believed the growth outlook had weakened and some believed more stimulus may be needed.<br /><br />GBP/USD hit 1.6018 during early European trade, the pair&rsquo;s lowest since April 1; the pair subsequently consolidated at 1.6027, shedding 0.27%.<br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Euro Zone Manufacturing PMI Falls To 18-month Low Posted: 23 Jun 2011 01:09 AM PDT Forex Pros – Manufacturing activity in the euro zone fell more-than-expected in June, falling to an 18-month low, preliminary data showed on Thursday. <br /><br />In a report, market research group Markit said that its preliminary manufacturing purchasing managers index fell to a seasonally adjusted 52.0 in June, down from 54.6 in May.<br /><br />Analysts had expected the index to decline to 53.8 in June. <br /><br />On the index, a reading above 50.0 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Crude Oil Futures Decline As U.S. Growth Concerns Weigh Posted: 23 Jun 2011 01:00 AM PDT Forex Pros – Crude oil futures were down on Thursday, as a broadly stronger U.S. dollar and concerns over the U.S. economic outlook dragged prices lower.&nbsp; <br /><br />On the New York Mercantile Exchange, light, sweet crude futures for delivery in August traded at USD93.88 a barrel during European morning trade, slumping 0.69%.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br /><br />It earlier fell as much as 0.85% to hit a daily low … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: Eurozone Manufacturing PMI 52.0 Vs. 53.8 Expected. Posted: 23 Jun 2011 12:59 AM PDT Services PMI was 54.2; worse than the 55.5 survey and 56.0 prior showing. The euro is slightly weaker following the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

German Manufacturing PMI Drops To 17-month Low In June Posted: 23 Jun 2011 12:40 AM PDT Forex Pros – Manufacturing activity in Germany fell more-than-expected in June, dropping to the lowest level since September 2010, preliminary data showed on Thursday.<br /><br />In a report, market research group Markit said that its preliminary German manufacturing purchasing managers index fell to a seasonally adjusted 54.9 in June, down from 57.7 in May.<br /><br />Analysts had expected the index to decline to 57.0 in June.&nbsp; <br /><br />A … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Dollar Hits 4-day High Vs. Yen After Fed Says Easing To End Posted: 23 Jun 2011 12:39 AM PDT Forex Pros – The U.S. dollar climbed to a four-day high against the yen on Thursday, after Federal Reserve Chairman Ben Bernanke confirmed the bank was winding up its monetary easing program at the end of the month and said further easing was unlikely.<br /><br />USD/JPY hit 80.64 during late Asian trade, the pair&rsquo;s highest since June 17; the pair subsequently consolidated at 80.51, gaining 0.27%.<br /><br />The pair was likely to find support at 79.99, the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gold Futures Ease Down As Dollar Gains On Fed Outlook Posted: 23 Jun 2011 12:33 AM PDT Forex Pros – Gold futures eased down on Thursday, as the U.S. dollar gained after the Federal Reserve gave no indications of further monetary stimulus, while lingering concerns over Greece&rsquo;s sovereign debt supported prices. <br /><br />On the Comex division of the New York Mercantile Exchange, gold futures for August delivery traded at USD1,543.35 a troy ounce during late Asian trade, shedding … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – NZD/USD Edges Higher On Govt. Home Buyout Plan Posted: 23 Jun 2011 12:18 AM PDT Forex Pros – The New Zealand dollar edged higher against its U.S. counterpart on Thursday, after the country&rsquo;s government offered to buy approximately 5,000 earthquake- damaged homes in Christchurch as part of a recovery package.<br /><br />NZD/USD hit 0.8178 during late Asian trade, the daily high; the pair subsequently consolidated at 0.8160, easing up 0.10%.<br /><br />The pair was likely to find support at 0.8044, the low of June 17 and short-term … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Slips To 3-day Low As Fed Cuts Forecast For Growth Posted: 23 Jun 2011 12:01 AM PDT Forex Pros – The Australian dollar slipped to a three-day low against its U.S. counterpart on Thursday, after the Federal Reserve cut its outlook for economic growth, dampening demand for higher yielding assets.<br /><br />AUD/USD hit 1.0533 during late Asian trade, the pair&rsquo;s lowest since June 20; the pair subsequently consolidated at 1.0557, slipping 0.15%.<br /><br />The pair was likely to find support at 1.0496, the low of June 20 and resistance at … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Asia Stocks Slump On U.S. Fed Forecast; Nikkei Down 0.35% Posted: 22 Jun 2011 11:50 PM PDT Forex Pros – Asian stock markets were broadly lower on Thursday, after the Federal Reserve downgraded its growth forecast for the U.S. economy and amid concerns China planned to further tighten monetary policy.<br /><br />During late Asian trade, Hong Kong’s Hang Seng Index slumped 0.35%, South Korea’s Kospi Composite fell 0.4%, while Japan&rsquo;s Nikkei 225 Index slipped 0.35%. <br /><br />The Federal Reserve kept its benchmark interest rate unchanged at a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Hits 3-day Low After Fed Policy Statement Posted: 22 Jun 2011 11:33 PM PDT Forex Pros – The euro fell to a three-day low against the U.S. dollar on Thursday, after Federal Reserve Chairman Ben Bernanke indicated that further monetary stimulus was unlikely to occur, after the current program ends later this month.<br /><br />EUR/USD hit 1.4284 during late Asian trade, the pair&rsquo;s lowest since June 20; the pair subsequently consolidated at 1.4300, shedding 0.38%.<br /><br />The pair was likely to find support at 1.4126, the low of June … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Swiss Trade Surplus Widens More-than-expected In May Posted: 22 Jun 2011 11:27 PM PDT Forex Pros – Switzerland’s trade surplus widened more-than-expected in May, 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 CHF3.31 billion in May, up from CHF1.44 billion in April, whose figure was revised down from CHF1.52 billion.<br /><br />Economists had expected the trade surplus to widen to CHF1.8 billion … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.S Federal Reserve Keeps Interest Unchanged Posted: 22 Jun 2011 11:24 PM PDT Forex Pros – The Federal Reserve kept its benchmark interest rate unchanged at in June and said it would end its USD600 billion bond-buying program on June 30, it announced on Wednesday.<br /><br />In a statement, the Fed said it was keeping its benchmark interest rate unchanged at a historical low of 0.25%, broadly in line with expectations.<br /><br />The Fed cut its 2011 economic growth forecast for the U.S. to a range of 2.7% to 2.9%, down from a previous estimate … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bull Of The Day: Hubbell, Inc. (HUB.B) Posted: 22 Jun 2011 11:05 PM PDT Hubbell, Inc.’s (HUB.B) first quarter results beat the Zacks Consensus Estimate. We were particularly encouraged by the strong growth in the industrial market, improving demand at utilities and pockets of recovery in the non-residential construction market. While the stronger revenue growth, coupled with acquisitions and management’s margin expansion strategies are currently being offset by commodity cost increases, the situation will improve as price hikes go into effect. Additionally, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bear Of The Day: Companhia Siderurgica Nacional Posted: 22 Jun 2011 11:05 PM PDT We believe Companhia Siderurgica Nacional, or CSN (NYSE:SID) has rising manufacturing costs, high cyclicality and growing competition in the industry. These remain major growth impediments for the company. In the first quarter of 2011, the company posted EPADR of $0.25, which was well below the Zacks Consensus of $0.40. In the first quarter of 2011, cost of goods sold went up 25.4% year over year, leading to a 3% decline in gross margin. Also, CSN’s debt levels are escalating, due primarily to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Growth & Income Stock: Oxford Industries, Inc. Posted: 22 Jun 2011 11:05 PM PDT Oxford Industries, Inc. (NYSE:OXM) recently reported stellar first quarter results on strong revenue growth and expanding margins. Management raised its sales and earnings guidance for 2011 following the solid quarter. Moreover, analysts unanimously revised their estimates higher for both 2011 and 2012, sending the stock to a Zacks #1 Rank (Strong Buy). Oxford also pays a dividend that yields 1.6% and shares appear to be reasonably priced. Company Description Oxford Industries, Inc. is an apparel … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Aggressive Growth Stock: Genesee & Wyoming Inc. Posted: 22 Jun 2011 11:05 PM PDT Genesee & Wyoming Inc. (NYSE:GWR) analysts are raising their forecasts, as the industry in general is looking good. Growth rates are looking attractive, shares have solid valuations and the company is a Zacks #1 Rank (Strong Buy). Company Description Genesee & Wyoming Inc. owns and operates short line and regional freight railroads in North America, Australia and a few in Europe. EPS Up 33% Genesee’s last quarterly report was back on Apr 28 and showed a 32% top-line increase, to $192 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Momentum Stock: Select Comfort Corp Posted: 22 Jun 2011 11:05 PM PDT Select Comfort Corp (NASDAQ:SCSS) has been a momentum high flier in 2011, coming close to doubling in price after recently topping off at $17.35. But with estimates on the rise and a bullish growth projection, this Zacks #1 rank stock offers a comfortable take on momentum. Company Description Select Comfort Corp develops and sells adjustable firmness beds and various sleep related accessories in the United States, Canada and Australia. The company was founded in 1987 and has a market cap of $950 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Down During The Asian Session Posted: 22 Jun 2011 10:55 PM PDT Forex Pros – The Euro was lower against the U.S. Dollar on Thursday.<br/><br/> EUR/USD was trading at 1.4295, down 0.42% at time of writing.<br/><br/> The pair was likely to find support at 1.4192, Monday&rsquo;s low, and resistance at 1.4442, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.20% to hit 0.8914 and EUR/JPY falling 0.26% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Down In Asian Trade Posted: 22 Jun 2011 10:25 PM PDT Forex Pros – The British Pound was lower against the U.S. Dollar on Thursday.<br/><br/> GBP/USD was trading at 1.6049, down 0.15% at time of writing.<br/><br/> The pair was likely to find support at 1.6018, today&rsquo;s low, and resistance at 1.6262, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 0.18% to hit 0.8916 and GBP/JPY rising 0.05% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/CHF Down In Asian Trading Hours Posted: 22 Jun 2011 09:55 PM PDT Forex Pros – The Euro was lower against the Swiss Franc on Thursday.<br/><br/> EUR/CHF was trading at 1.2045, down 0.02% at time of writing.<br/><br/> The pair was likely to find support at 1.2018, Monday&rsquo;s low, and resistance at 1.2148, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the U.S. Dollar and the Japanese Yen, with EUR/USD shedding 0.36% to hit 1.4305 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/CHF Up During Asian Trade Posted: 22 Jun 2011 09:25 PM PDT Forex Pros – The U.S. Dollar was higher against the Swiss Franc on Thursday.<br/><br/> USD/CHF was trading at 0.8423, up 0.37% at time of writing.<br/><br/> The pair was likely to find support at 0.8340, Wednesday&rsquo;s low, and resistance at 0.8517, Monday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and the Japanese Yen, with EUR/USD shedding 0.36% to hit 1.4305 and USD/JPY rising 0.20% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Darda: Greece Could Be The Tip Of The Iceberg Posted: 22 Jun 2011 09:02 PM PDT Mike Darda of MKM Partners discusses the Greek debt crisis and the European Debt Crisis as a whole.  Darda believes the austerity measures and bailouts are not working.  He thinks the situation is similar to Asian and Latin American defaults that occurred years ago except this crisis is about 5 times bigger based on the size of the European countries … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Analyst: Gold And Oil Set To Decline Posted: 22 Jun 2011 09:02 PM PDT Katie Stockton of MKM partners discusses some technical reasons why gold and oil could be in for a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/GBP Down During The Asian Session Posted: 22 Jun 2011 09:00 PM PDT Forex Pros – The Euro was lower against the British Pound on Thursday.<br/><br/> EUR/GBP was trading at 0.8917, down 0.17% at time of writing.<br/><br/> The pair was likely to find support at 0.8790, Monday&rsquo;s low, and resistance at 0.8953, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the U.S. Dollar and the Japanese Yen, with EUR/USD shedding 0.37% to hit 1.4303 and EUR/JPY falling 0.18% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bearish Breakout Of Short-term Ascending Triangle Spotted In The EUR/CHF Posted: 22 Jun 2011 08:50 PM PDT EUR/CHF Hammers Out New Lows and Targets 1.1840 EUR/CHF Short-term to Medium-term- The EUR/CHF has broken below a n ascending triangle. - We are just a couple of clues away form seeing the market continue the bearish mode in the medium and long term. - First of all the RSI in the 1H chart never broke above 70 to establish even short-term bullish momentum. The rally and formation of an ascending triangle is therefore categorized as a correction. - The first clue of a bearish continuation is a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Peter Schiff And Max Keiser Discuss Inflation Posted: 22 Jun 2011 08:45 PM PDT This is a good in-depth interview between Peter Schiff and Max Keiser on many topics regarding inflation.  They discuss how inflation can occur during a weak economy (which runs counter to a lot of mainstream thinking) and the concept of financial … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Up During Asian Trade Posted: 22 Jun 2011 08:36 PM PDT Forex Pros – The U.S. Dollar was higher against the Japanese Yen on Thursday.<br/><br/> USD/JPY was trading at 80.44, up 0.18% at time of writing.<br/><br/> The pair was likely to find support at 80.02, Wednesday&rsquo;s low, and resistance at 80.64, today&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.36% to hit 1.4305 and GBP/USD falling 0.15% 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: 22 Jun 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 0.9736, down 0.02% at time of writing.<br/><br/> The pair was likely to find support at 0.9702, Wednesday&rsquo;s low, and resistance at 0.9850, Monday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.32% to hit 1.4310 and GBP/USD falling 0.17% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

I Think The Lightbulb Just Got Switched On Posted: 22 Jun 2011 07:53 PM PDT I think the lightbulb just got switched on.  What lightbulb?  Why, the one in my tiny brain, of course. This post will be about gold and I do hope it is both enlightening (yes, pardon the pun) and better yet, I hope that what the light exposes will be truth and not just technical nonsense. I am going to briefly review where we have been with an old chart of gold, provide an updated chart identifying gold’s most recent daily cycles, then plug the electrical chord into the wall … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Down During Asian Trade Posted: 22 Jun 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 1.0543, down 0.29% at time of writing.<br/><br/> The pair was likely to find support at 1.0497, Monday&rsquo;s low, and resistance at 1.0651, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the Australian Dollar was up against the Euro and the Japanese Yen, with EUR/AUD shedding 0.05% to hit 1.3570 and AUD/JPY rising 0.03% 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: 22 Jun 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 1.4302, down 0.38% at time of writing.<br/><br/> The pair was likely to find support at 1.4192, Monday&rsquo;s low, and resistance at 1.4442, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.13% to hit 0.8920 and EUR/JPY falling 0.08% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/JPY Down During Asian Trade Posted: 22 Jun 2011 06:35 PM PDT Forex Pros – The Euro was lower against the Japanese Yen on Thursday.<br/><br/> EUR/JPY was trading at 115.22, down 0.05% at time of writing.<br/><br/> The pair was likely to find support at 113.59, Monday&rsquo;s low, and resistance at 115.80, Tuesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the U.S. Dollar and the British Pound, with EUR/USD shedding 0.36% to hit 1.4305 and EUR/GBP falling 0.07% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/JPY Down During The Asian Session Posted: 22 Jun 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 128.96, down 0.07% at time of writing.<br/><br/> The pair was likely to find support at 128.93, Monday&rsquo;s low, and resistance at 130.53, 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 0.27% to hit 1.6029 and EUR/GBP falling 0.04% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/JPY Technical Analysis For June 23, 2011 Posted: 22 Jun 2011 09:10 AM PDT By ForexMansion.com   The USD/JPY pair continues to scrape out small gains as it bounces form the 80 handle. The Wednesday session saw a retest of the level, and then a bounce of about 35 pips. This is a market that is a scalper's market at best now, as there is almost no real movement. As such, we are waiting for a strong green candle to buy into, as the central banks are waiting below. Originally posted here Find more information about technical analysis, fundamental … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/CHF Technical Analysis For June 23, 2011 Posted: 22 Jun 2011 09:09 AM PDT By ForexMansion.com   The USD/CHF pair fell on Wednesday, but formed a bullish shooting star by the end of the day. This is a very bullish sign, and if we can break above the highs from Wednesday, we can see a small move upward, but it would be a bounce at best. The trend is down, so we prefer selling rallies and new lows. Originally posted here Find more information about technical analysis, fundamental analysis and news on ForexMansion.com. About ForexMansion.com: The … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/CAD Technical Analysis For June 23, 2011 Posted: 22 Jun 2011 09:08 AM PDT By ForexMansion.com   The USD/CAD pair had a neutral day at best on Wednesday, showing that we are in a funk of sorts in this pair. Because of this, we feel that the consolidation is still going to prevail between 0.9675 and 0.9850. The oil market needs to move in a convincing manner before the CAD does. Originally posted here Find more information about technical analysis, fundamental analysis and news on ForexMansion.com. About ForexMansion.com: The Finance Mansion Network … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

NZD/USD Technical Analysis For June 23, 2011 Posted: 22 Jun 2011 09:08 AM PDT By ForexMansion.com   The NZD/USD continues to push higher as the Wednesday session looks positive. The candle shape isn't the most convincing however, as some of the gains at the end of the session were given up. The fact that we are struggling to close towards the highs has us concerned about buying. We are looking for a strong candle first. However, we won't sell – the previous trend has been too strong to go against. Originally posted here Find more information about … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GBP/USD Technical Analysis For June 23, 2011 Posted: 22 Jun 2011 09:07 AM PDT By ForexMansion.com   The GBP/USD fell on Wednesday, testing the lower edges of the recent consolidation range. We have said that if we break through the 1.60 mark, it would be very bearish for this pair. It is beginning to look more and more like we may just see that. Because of this, we are no longer buying this pair, and only selling on rallies or breaks below the 1.60 area. Originally posted here Find more information about technical analysis, fundamental analysis and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GBP/JPY Technical Analysis For June 23, 2011 Posted: 22 Jun 2011 09:06 AM PDT By ForexMansion.com   The GBP/JPY pair fell, just as the Pound did against most currencies on Wednesday. The pair is currently testing the recent lows, and if it breaks below that level from Monday, should continue downward. As long as the Yen rising is being contained to just this pair – intervention probably won't happen. If the USD/JPY and EUR/JPY begin to fall apart again, this could invite the central banks. We are sellers below the 129 handle, but only if the other pairs … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GBP/CHF Technical Analysis For June 23, 2011 Posted: 22 Jun 2011 09:05 AM PDT By ForexMansion.com   The GBP/CHF pair has fallen through a major support area in the form of 1.36 during Wednesday session. This shows that the trend continues, and that the Franc should continue to appreciate. The recent consolidation suggests that we will test the 1.34 mark, not too out of the question considering we spiked all the way down to 1.3450 in midday trading. We sell rallies in this pair – still. Originally posted here Find more information about technical analysis, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/USD Technical Analysis For June 23, 2011 Posted: 22 Jun 2011 09:04 AM PDT By ForexMansion.com   The EUR/USD pair rose, then fell on Wednesday to form a shooting star. The pair looks a bit toppy as the Europeans certainly have quite a bit of issues going on at the moment. The pair is a fight between two weak economies, and this chart shows how back-and-forth it is. The pair looks vulnerable at the moment, but we are not expecting massive moves at the moment. Originally posted here Find more information about technical analysis, fundamental analysis and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/JPY Technical Analysis For June 23, 2011 Posted: 22 Jun 2011 09:03 AM PDT By ForexMansion.com   The EUR/JPY rose, then fell during the Wednesday session as the trading world has been relatively quiet over the last 48 hours. The pair seems content to hang around the 115 mark, and as such – we are becoming less and less interested in trading it. The fact that everyone knows that there are serious financial problems in both Europe and Japan seems to keep this pair quiet at the moment. Originally posted here Find more information about technical analysis, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/GBP Technical Analysis For June 23, 2011 Posted: 22 Jun 2011 09:02 AM PDT By ForexMansion.com   The EUR/GBP pair shot straight up on Wednesday as traders dumped the Pound en masse. The 0.90 area is just above, and this area has been significant resistance recently. Because of this, we do not want to buy, and also feel that perhaps this pair could pullback fairly quickly. The consolidation continues, and the Euro has too much baggage to own at the moment, so we suggest avoiding this pair. Originally posted here Find more information about technical analysis, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/CHF Technical Analysis For June 23, 2011 Posted: 22 Jun 2011 09:01 AM PDT By ForexMansion.com   The EUR/CHF pair fell on Wednesday, even after forming several hammers over the last week. Because of this, we feel that the 1.20 area is massive support. If the area gives way – look out below. The market may not be able to break below that level yet – but the chart certainly suggests that when it does, the move will be strong. For now, we are waiting for that to happen, or perhaps a rally to sell. Originally posted here Find more information about technical … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AUD/USD Technical Analysis For June 23, 2011 Posted: 22 Jun 2011 09:00 AM PDT By ForexMansion.com   The AUD/USD rose early on Wednesday, but fell back and actually ended up lower by closing time. The pair also has a bit of a descending triangle feel to it now, and this is a very bearish sign. As the AUD is also falling against the NZD, this could be an Aussie-centric issue. A break below 1.05 sends us searching for 1.02, a major support area. If we can break above the down sloping trend line, this would be the signal to buy. Originally posted here Find more … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AUD/NZD Technical Analysis For June 23, 2011 Posted: 22 Jun 2011 08:59 AM PDT By ForexMansion.com   The AUD/NZD fell again on Wednesday, but still continues to hang around the 1.30 area. The price seems to be a magnet for the market, and we believe that the recent consolidation should continue. This is a scalping market, with boundaries of 1.32 and 1.28 serving as your guidelines Originally posted here Find more information about technical analysis, fundamental analysis and news on ForexMansion.com. About ForexMansion.com: The Finance Mansion Network … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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