DailyMarkets.com - Forex – USD/CHF Slips Ahead Of Greek Confidence Vote

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• Forex – USD/CHF Slips Ahead Of Greek Confidence Vote
• U.K. CBI Industrial Order Expectations Improve Unexpectedly
• Has All The Air Gone Out Of The QQQs
• Forex – EUR/GBP Rises To 7-day High After Dovish BoE Remarks
• Forex Trading: Euro Lower
• European Stocks Higher Ahead Of Greece Vote; DAX Up 0.65%
• German ZEW Economic Sentiment Sharply Lower In June
• Forex – Dollar Down Vs. Most Rivals As Greek Debt Fears Wane
• U.K. Public Sector Net Borrowing Rises Less-than-expected
• Crude Oil Futures Gain On Dollar Weakness
• Forex – GBP/USD Rises To 4-day High As Greece Concerns Ease
• Forex – USD/JPY Eases Down As Fed Policy Meeting Eyed
• Forex Trading: NZD Firmer After Citi Commented That NZD Should Prove Resilient.
• Gold Futures Inch Up Ahead Of Greek Confidence Vote
• Forex Trading: Euro Gains After China’s Foreign Ministy Says China Is Willing To Help European Countries Realize Economic Growth In A Stable Manner.
• Forex – NZD/USD Hits 2-day High As Greece Default Fears Ease
• Walmart Shrinks For Big Gain
• Forex – AUD/USD Trims Losses After Slipping On RBA Minutes
• Asia Stocks Broadly Higher On Greece Hopes; Nikkei Up 1.1%
• Forex – EUR/USD Holds Modest Gains As Greece Vote Eyed
• Aggressive Growth Stock: Vishay Precision Group
• Growth & Income Stock: Amcol International Corporation
• Momentum Stock: Crox, Inc.
• Bull Of The Day: SurModics, Inc. (SRDX)
• Bear Of The Day: Amerisafe, Inc. (AMSF)
• Forex – EUR/USD Up During The Asian Session
• Forex – GBP/USD Up In Asian Trade
• Forex – EUR/CHF Down In Asian Trading Hours
• Forex – USD/CHF Down During Asian Trade
• Aussie Remains Pressured After RBA Meeting Minutes
• Forex – EUR/GBP Up During The Asian Session
• Forex – USD/JPY Down During Asian Trade
• Forex – USD/CAD Down In Asian Trading Hours
• Trader Vic Discusses Precious Metals
• Forex – AUD/USD Down During Asian Trade
• Xerox A Sell?
• Forex – EUR/USD Up During The Asian Session
• Forex – EUR/JPY Down During Asian Trade
• ‘Scrap Yards Are The New Pawn Shops’
• Forex – GBP/JPY Up During The Asian Session
• AUD/NZD Daily Fundamental Analysis For June 22, 2011
• AUD/USD Daily Fundamental Analysis For June 22, 2011
• NZD/USD Daily Fundamental Analysis For June 22, 2011
• USD/JPY Daily Fundamental Analysis For June 22, 2011
• USD/JPY Technical Analysis For June 21, 2011
• USD/CHF Technical Analysis For June 21, 2011
• USD/CAD Technical Analysis For June 21, 2011
• NZD/USD Technical Analysis For June 21, 2011
• GBP/USD Technical Analysis For June 21, 2011
• GBP/JPY Technical Analysis For June 21, 2011
• GBP/CHF Technical Analysis For June 21, 2011
• EUR/USD Technical Analysis For June 21, 2011
• EUR/JPY Technical Analysis For June 21, 2011
• EUR/GBP Technical Analysis For June 21, 2011
• EUR/CHF Technical Analysis For June 21, 2011
• AUD/USD Technical Analysis For June 21, 2011
• AUD/NZD Technical Analysis For June 21, 2011

Forex – USD/CHF Slips Ahead Of Greek Confidence Vote Posted: 21 Jun 2011 03:13 AM PDT Forex Pros – The U.S. dollar weakened against the safe haven Swiss franc on Tuesday, ahead of a critical confidence vote in Greek Prime Minister George Papandreou&rsquo;s newly appointed cabinet later in the day.<br /><br />USD/CHF hit 0.8420 during European morning trade, the daily low; the pair subsequently consolidated at 0.8436, slipping 0.30%.<br /><br />The pair was likely to find support at 0.8346, the low of June 14 and resistance at 0.8515, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.K. CBI Industrial Order Expectations Improve Unexpectedly Posted: 21 Jun 2011 03:07 AM PDT Forex Pros – U.K. industrial order expectations unexpectedly improved in June, industry data showed on Tuesday.<br /><br />In a report, the Confederation of British Industry said its index of industrial order expectations improved to 1.0 in June, compared to reading of -2.0 in May.&nbsp; <br /><br />Analysts had expected the index to decline to -5.0 in June.<br /><br />On the index, a reading above 0.0 indicates increasing order volume is expected, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Has All The Air Gone Out Of The QQQs Posted: 21 Jun 2011 02:49 AM PDT The QQQ (Etf for NASD 100) as been breaking down, and like every other major index it is at a critical juncture. What to do, but the dip? Just like all the previous dips since March 2009, maybe. The markets are waiting for Athens and the Fed minutes. Price normally bounces of strong support once, and then if the down trend has legs breaks on the second test of said support. So that is what we will do wait for the second test. You can bet the perma bulls will do all they can to get a rally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/GBP Rises To 7-day High After Dovish BoE Remarks Posted: 21 Jun 2011 02:37 AM PDT Forex Pros – The euro extended gains against the pound on Tuesday, rising to a seven-day high after Bank of England policymaker Paul Fisher defended the bank’s stance on low interest rates, despite above-target inflation.<br /><br />EUR/GBP hit 0.8870 during European morning trade, the pair&rsquo;s highest since June 10; the pair subsequently consolidated at 0.8857, gaining 0.34%.<br /><br />The pair was likely to find support at 0.8769, Friday&rsquo;s low and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: Euro Lower Posted: 21 Jun 2011 02:31 AM PDT We've seen selling in the Euro following worse than expected ZEW numbers out of Germany, and the Eurozone. Following the releases, ZEW economists said the Greek crisis has had an impact on the euro, but not as much on the business cycle in Germany. Additionally, there is a strong commitment to financing Greek debt in Europe. Currently we are hearing less than positive comments from Fitch with concerns about Italy. In a 15 minute EUR/USD chart we see that the next downside target appears to be … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

European Stocks Higher Ahead Of Greece Vote; DAX Up 0.65% Posted: 21 Jun 2011 02:22 AM PDT Forex Pros – European stock markets advanced on Tuesday, rebounding from a three-week low as market sentiment was lifted by expectations euro zone policymakers would reach agreement over a solution to avoid a Greek default. <br /><br />During European morning trade, the EURO STOXX 50 jumped 0.78%, France&rsquo;s CAC 40 gained 0.82%, while Germany’s DAX 30 rose 0.65%. <br /><br />Klaus Regling, head of the European Financial Stability Facility said on Monday that … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

German ZEW Economic Sentiment Sharply Lower In June Posted: 21 Jun 2011 02:11 AM PDT Forex Pros – German economic sentiment fell significantly more-than-expected in June, dropping for the fourth consecutive month, industry data showed on Tuesday.<br /><br />In a report, the ZEW Centre for Economic Research said that its index of German economic sentiment fell to -9.0 in June from a reading of 3.1 in May. <br /><br />Analysts had expected the index to decline to -3.0 in June.<br /><br />The report showed that the assessment of the current … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Dollar Down Vs. Most Rivals As Greek Debt Fears Wane Posted: 21 Jun 2011 01:43 AM PDT Forex Pros – The U.S. dollar was lower against most of its major counterparts on Tuesday, while the euro advanced as concerns over Greek debt eased but investors remained wary ahead of a vote of confidence in the Greek parliament later in the day.<br /><br />During European morning trade, the greenback was down against the euro, with EUR/USD climbing 0.27% to hit 1.4342.<br /><br />The euro found support after Klaus Regling, chief of the European Financial Stability … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.K. Public Sector Net Borrowing Rises Less-than-expected Posted: 21 Jun 2011 01:34 AM PDT Forex Pros – ublic sector net borrowing in the U.K. rose less-than-expected in May, official data showed on Tuesday.<br /><br />In a report, the U.K. National Statistics Office said that public sector net borrowing, or the difference in value between public spending and income rose to GBP15.2 billion in May from GBP7.7 billion in April.<br /><br />Economists had expected public sector net borrowing to increase to GBP16.5 billion in May.<br /><br />Following … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Crude Oil Futures Gain On Dollar Weakness Posted: 21 Jun 2011 01:23 AM PDT Forex Pros – Crude oil futures were up for a second day on Tuesday, as a weaker U.S. dollar supported prices while investors took advantage of weakness in recent sessions that drove prices to a four-month low.<br /><br />On the New York Mercantile Exchange, light, sweet crude futures for delivery in August traded at USD94.87 a barrel during European morning trade, jumping 1.15%.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br /><br />It earlier rose as … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Rises To 4-day High As Greece Concerns Ease Posted: 21 Jun 2011 01:03 AM PDT Forex Pros – The pound rose to a four-day high against the U.S. dollar on Tuesday, bolstered by expectations that euro zone officials would reach an agreement on the next tranche of emergency loans to Greece.<br /><br />GBP/USD hit 1.6253 during early European trade, the pair&rsquo;s highest since June 15; the pair subsequently consolidated at 1.6226, gaining 0.15%.<br /><br />Cable was likely to find support at 1.6109, Monday&rsquo;s low and resistance at … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Eases Down As Fed Policy Meeting Eyed Posted: 21 Jun 2011 12:46 AM PDT Forex Pros – The U.S. dollar eased down against the yen on Tuesday, as investors began to focus on the outcome of the Federal Reserve’s policy setting meeting, which was to conclude on Wednesday.<br /><br />USD/JPY hit 80.09 during late Asian trade, the daily low; the pair subsequently consolidated at 80.19, dipping 0.08%.<br /><br />The pair was likely to find support at 79.69, the low of June 8 and a five-week low and resistance at 81.05, the high of June 16.<br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: NZD Firmer After Citi Commented That NZD Should Prove Resilient. Posted: 21 Jun 2011 12:39 AM PDT … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gold Futures Inch Up Ahead Of Greek Confidence Vote Posted: 21 Jun 2011 12:28 AM PDT Forex Pros – Gold futures edged higher on Tuesday, hovering close to a two-week high as weakness in the U.S. dollar supported prices ahead of a crucial confidence vote on the Greek government later in the day.<br /><br />On the Comex division of the New York Mercantile Exchange, gold futures for August delivery traded at USD1,544.05 a troy ounce during late Asian trade, edging 0.15% … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: Euro Gains After China’s Foreign Ministy Says China Is Willing To Help European Countries Realize Economic Growth In A Stable Manner. Posted: 21 Jun 2011 12:18 AM PDT … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – NZD/USD Hits 2-day High As Greece Default Fears Ease Posted: 21 Jun 2011 12:08 AM PDT Forex Pros – The New Zealand dollar climbed to a two-day high against its U.S. counterpart on Tuesday, as expectations that euro zone officials will find a solution to Greece&rsquo;s financing requirements supported risk appetite.<br /><br />NZD/USD hit 0.8134 during late Asian trade, the pair&rsquo;s highest since last Friday, the pair subsequently consolidated at 0.8123, gaining 0.27%.<br /><br />The pair was likely to find support at 0.8012, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Walmart Shrinks For Big Gain Posted: 21 Jun 2011 12:05 AM PDT Retail giant Wal-Mart Stores Inc. (NYSE:WMT) buys the idea "small is profitable" and gears up for opening mid-sized Walmart Market stores immediately. Management has also announced that the company plans to open 90 to 100 stores in the year ending in January and 300 by fiscal 2013, up from 185 presently. These mid-sized Neighborhood markets are more like traditional grocery stores, which enjoys same returns as the supercenters and entails lesser hassles in being approved and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Trims Losses After Slipping On RBA Minutes Posted: 20 Jun 2011 11:51 PM PDT Forex Pros – The Australian dollar trimmed losses against its U.S. counterpart on Tuesday, recovering ground lost after the minutes of this month&rsquo;s Reserve Bank policy meeting said it was &ldquo;prudent&rdquo; to keep interest rates unchanged.<br /><br />AUD/USD pulled away from 1.0531, the daily low, to hit 1.0577 during late Asian trade, still down 0.04% on the day.<br /><br />The pair was likely to find support at 1.0496, Monday&rsquo;s low and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Asia Stocks Broadly Higher On Greece Hopes; Nikkei Up 1.1% Posted: 20 Jun 2011 11:49 PM PDT Forex Pros – Asian stock markets were broadly higher on Tuesday, as concerns over a possible Greek default eased, while Japanese automakers gained after Citigroup upgraded the sector.<br /><br />During late Asian trade, Hong Kong’s Hang Seng Index rose 0.9%, South Korea’s Kospi Composite jumped 1.4%, while Japan&rsquo;s Nikkei 225 Index advanced 1.13%. <br /><br />Klaus Regling, head of the European Financial Stability Facility said on Monday that euro zone finance … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Holds Modest Gains As Greece Vote Eyed Posted: 20 Jun 2011 11:29 PM PDT Forex Pros – The euro edged higher against the U.S. dollar on Tuesday, amid expectations that euro zone officials will reach an agreement on emergency financing for Greece, but investors remained wary ahead of a confidence vote in the Greek parliament.<br /><br />EUR/USD hit 1.4384 during late Asian trade, the pair&rsquo;s highest since June 15; the pair subsequently consolidated at 1.4358, gaining 0.38%.<br /><br />The pair was likely to find support at 1.4126, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Aggressive Growth Stock: Vishay Precision Group Posted: 20 Jun 2011 11:05 PM PDT Vishay Precision Group (VPG) said business keeps getting better when it beat earnings expectations last quarter. Estimates are moving higher, pushing the stock to a Zacks #1 Rank (Strong Buy) and it has held up pretty well in the recent downturn. Company Description Vishay Precision Group makes sensors using resistive foil technology. Their solutions are used for stress, force, weight, pressure and current measurements. Great Quarter The last quarterly report came out on May 3 and showed a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Growth & Income Stock: Amcol International Corporation Posted: 20 Jun 2011 11:05 PM PDT Amcol International Corporation (NYSE:ACO) recently reported better than expected first quarter results as solid sales growth, coupled with margin expansion, led to a whopping 90% increase in EPS year-over-year. Analysts revised their estimates significantly higher for both 2011 and 2012 off the strong quarter, sending the stock to a Zacks #2 Rank (Buy). Based on consensus estimates, Amcol is expected to grow EPS by 32% in 2011 and 23% in 2012. In addition, the company pays a dividend that yields … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Momentum Stock: Crox, Inc. Posted: 20 Jun 2011 11:05 PM PDT Crox, Inc. (NASDAQ:CROX) has been bucking the weak market, recently hitting a new multi-year high after reporting a solid 26% earnings surprise in late April. With estimates on the upswing and a bullish growth projection, this Zacks #1 rank stock is a comfortable take on momentum. Company Description Crox, Inc. designs and sells footwear, apparel and accessories for men, woman and children worldwide. The company was founded in 1999 and has a market cap of $2.07 billion. CROX has been a strong … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bull Of The Day: SurModics, Inc. (SRDX) Posted: 20 Jun 2011 11:05 PM PDT In June 2011, SurModics, Inc. (NASDAQ:SRDX) received a blow when Johnson & Johnson announced that it will stop manufacturing Cypher stents by year end, as SurModics receives royalties on sales of the product. However, we believe the impact of the blow will not be very severe, and that the current price represents an attractive entry point for long-term investors. We have increased our fiscal 2011 earnings estimate by $0.14 per share to $0.16. This is within the guidance range of $0.13-$0.26 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bear Of The Day: Amerisafe, Inc. (AMSF) Posted: 20 Jun 2011 11:05 PM PDT We are downgrading our recommendation on Amerisafe, Inc. (NASDAQ:AMSF) to Underperform based on its first quarter earnings that modestly lagged the Zacks Consensus Estimate, owing to low underwriting profits coupled with higher expenses. These significantly deteriorated both the combined ratio and the operating ROE Overall, though the pricing environment has witnessed some improvement, the company is expected to face uncertainty for the next few quarters as the market weakness continues to hurt … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up During The Asian Session Posted: 20 Jun 2011 10:55 PM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Tuesday.<br/><br/> EUR/USD was trading at 1.4346, up 0.29% at time of writing.<br/><br/> The pair was likely to find support at 1.4074, Thursday&rsquo;s low, and resistance at 1.4384, Monday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.15% to hit 0.8842 and EUR/JPY rising 0.22% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Up In Asian Trade Posted: 20 Jun 2011 10:25 PM PDT Forex Pros – The British Pound was higher against the U.S. Dollar on Tuesday.<br/><br/> GBP/USD was trading at 1.6233, up 0.18% at time of writing.<br/><br/> The pair was likely to find support at 1.6079, Thursday&rsquo;s low, and resistance at 1.6253, Monday&rsquo;s high.<br/><br/> Meanwhile, the British Pound was down against the Euro and up against the Japanese Yen, with EUR/GBP gaining 0.20% to hit 0.8846 and GBP/JPY rising 0.14% 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: 20 Jun 2011 09:55 PM PDT Forex Pros – The Euro was lower against the Swiss Franc on Tuesday.<br/><br/> EUR/CHF was trading at 1.2098, down 0.07% at time of writing.<br/><br/> The pair was likely to find support at 1.1947, Thursday&rsquo;s low, and resistance at 1.2146, Friday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.26% to hit 1.4341 and EUR/JPY rising 0.12% 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: 20 Jun 2011 09:25 PM PDT Forex Pros – The U.S. Dollar was lower against the Swiss Franc on Tuesday.<br/><br/> USD/CHF was trading at 0.8435, down 0.34% at time of writing.<br/><br/> The pair was likely to find support at 0.8407, Monday&rsquo;s low, and resistance at 0.8550, Thursday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the Japanese Yen, with EUR/USD gaining 0.21% to hit 1.4334 and USD/JPY falling 0.14% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Aussie Remains Pressured After RBA Meeting Minutes Posted: 20 Jun 2011 09:11 PM PDT A look at the AUD/USD, AUD/NZD, and AUD/JPY shows an Aussie that has already started to top off. After today's meetings revealed no sense of urgency to a rate hike, the Aussie remained bearish. AUD/USD - The AUD/USD started this week returning to last week's lows but failed to break through to test the  May-low of 1.0440. - Ahead of the RBA meeting minutes, the market supported the AUD/USD, preventing the RSI in the 4H chart to fall below 40, and test 30. - Now after the minutes, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/GBP Up During The Asian Session Posted: 20 Jun 2011 09:00 PM PDT Forex Pros – The Euro was higher against the British Pound on Tuesday.<br/><br/> EUR/GBP was trading at 0.8840, up 0.14% at time of writing.<br/><br/> The pair was likely to find support at 0.8722, Thursday&rsquo;s low, and resistance at 0.8854, Friday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.19% to hit 1.4331 and EUR/JPY rising 0.06% 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: 20 Jun 2011 08:35 PM PDT Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Tuesday.<br/><br/> USD/JPY was trading at 80.15, down 0.13% at time of writing.<br/><br/> The pair was likely to find support at 80.01, Friday&rsquo;s low, and resistance at 81.03, Thursday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.21% to hit 1.4333 and GBP/USD rising 0.07% 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: 20 Jun 2011 08:10 PM PDT Forex Pros – The U.S. Dollar was lower against the Canadian Dollar on Tuesday.<br/><br/> USD/CAD was trading at 0.9785, down 0.15% at time of writing.<br/><br/> The pair was likely to find support at 0.9773, Thursday&rsquo;s low, and resistance at 0.9898, Thursday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.22% to hit 1.4335 and GBP/USD rising 0.09% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Trader Vic Discusses Precious Metals Posted: 20 Jun 2011 07:46 PM PDT The legendary Trader Vic discusses his views on the gold and silver bull … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Down During Asian Trade Posted: 20 Jun 2011 07:30 PM PDT Forex Pros – The Australian Dollar was lower against the U.S. Dollar on Tuesday.<br/><br/> AUD/USD was trading at 1.0545, down 0.35% at time of writing.<br/><br/> The pair was likely to find support at 1.0478, Thursday&rsquo;s low, and resistance at 1.0635, Friday&rsquo;s high.<br/><br/> Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.50% to hit 1.3587 and AUD/JPY falling 0.49% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Xerox A Sell? Posted: 20 Jun 2011 07:27 PM PDT Xerox Corporation ($XRX) has been trending steadily lower since December, dropping over 20% in the last seven months…but more selling pressure could be seen ahead. Here's why.. Lower Value Relationship The daily chart shows $XRX has formed a bearish two-month Lower Value relationship, which occurs when the current month's value area is completely lower than the prior month's value area. This relationship usually indicates that the market is finding value at lower and lower price levels, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up During The Asian Session Posted: 20 Jun 2011 07:05 PM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Tuesday.<br/><br/> EUR/USD was trading at 1.4335, up 0.22% at time of writing.<br/><br/> The pair was likely to find support at 1.4074, Thursday&rsquo;s low, and resistance at 1.4384, Monday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.08% to hit 0.8835 and EUR/JPY rising 0.06% 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: 20 Jun 2011 06:35 PM PDT Forex Pros – The Euro was lower against the Japanese Yen on Tuesday.<br/><br/> EUR/JPY was trading at 114.75, down 0.04% at time of writing.<br/><br/> The pair was likely to find support at 113.50, Thursday&rsquo;s low, and resistance at 115.35, Monday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and the British Pound, with EUR/USD gaining 0.13% to hit 1.4323 and EUR/GBP rising 0.09% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

‘Scrap Yards Are The New Pawn Shops’ Posted: 20 Jun 2011 06:29 PM PDT Take one helping of an economy wrecked by rampant greed, reckless speculation, and failed policies, and combine that with financial and other markets distorted by the same toxic brew, and what do you get? Developments like these: “Antioch Copper Wire Thieves Reach New High – Or Low” (KCBS) ANTIOCH – Just days after Pacific Gas and Electric lamented the ongoing and widespread theft of copper wire from its Antioch power poles, the utility is now revealing that a particularly brazen … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/JPY Up During The Asian Session Posted: 20 Jun 2011 05:45 PM PDT Forex Pros – The British Pound was higher against the Japanese Yen on Tuesday.<br/><br/> GBP/JPY was trading at 130.10, up 0.05% at time of writing.<br/><br/> The pair was likely to find support at 128.93, Monday&rsquo;s low, and resistance at 131.34, Thursday&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 0.13% to hit 1.6224 and EUR/GBP rising 0.16% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AUD/NZD Daily Fundamental Analysis For June 22, 2011 Posted: 20 Jun 2011 02:11 PM PDT By ForexMansion.com The AUD/NZD pair dropped to its lowest level in five days, as the RBA June meeting minutes showed the bank is about to abandon its hawkish stance which reduced demand for Aussie, giving a chance to the New Zealand dollar to control the AUD/NZD pair’s movement. The Reserve Bank of Australian minutes showed that the Bank won’t increase rates in the next month as the inflation eased. On the other hand, the European debt crisis has forced Australian policy makers to leave … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AUD/USD Daily Fundamental Analysis For June 22, 2011 Posted: 20 Jun 2011 02:11 PM PDT By ForexMansion.com Aussie dropped against its major counterparts, while it slumped sharply versus the dollar after the Reserve Bank of Australian minutes showed that the Bank won’t increase rates next month as inflation cools. Australian policy makers noted that the June decision was prudent amid the European debt crisis that has a negative effect on the global economy. The European debt crisis has forced Australian policy makers to leave the interest rates steady at 4.75%, signaling that the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

NZD/USD Daily Fundamental Analysis For June 22, 2011 Posted: 20 Jun 2011 02:10 PM PDT By ForexMansion.com The New Zealand dollar is waning versus the majors as more people left the nation for a third straight month in May, the most pace of decline in more than 10 years due to the natural disasters that damaged the nation in the first quarter. Furthermore, the New Zealand dollar is also affected by the European debt crisis, as investors are still afraid from the escalating crisis in the Euro-Zone, damping demand for the Kiwi. From our view, New Zealand is witnessing improvements … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/JPY Daily Fundamental Analysis For June 22, 2011 Posted: 20 Jun 2011 02:09 PM PDT By ForexMansion.com The USD/JPY pair traded in a narrow range early Tuesday, as the dollar lost momentum against its major counterparts before the Fed policy makers meeting. Also the market sentiment improved slightly, increasing demand for the high yielding currencies. The recent fundamentals from the U.S. economy are keeping pressure on the Federal Reserve to ignore any signals for monetary policy tightening, especially as inflation in their assessment is still well anchored. Greenback lost … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/JPY Technical Analysis For June 21, 2011 Posted: 20 Jun 2011 10:23 AM PDT By ForexMansion.com   The USD/JPY pair bounced slightly from the 80 levels, and area that has been very supportive for this pair recently. Because of the central banks lurking below, it is an expected move. However, the highs are getting lower for this pair over time, which suggests that perhaps the market is ready to test the resolve of the central banks that intervened a couple of month ago. We don't recommend selling though – there is simply too much risk in being on the wrong … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/CHF Technical Analysis For June 21, 2011 Posted: 20 Jun 2011 10:22 AM PDT By ForexMansion.com   The USD/CHF pair fell on Monday, but ended up forming a bullish hammer by the time we were closing down. The 0.83 – 0.85 levels is proving to be a bit of a support zone, and we could see a bounce at this point. This would simply be a rest on the way down as the trend is so clearly bearish. If this pair bounces, we don't suggest buying, but rather selling at higher levels. 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/CAD Technical Analysis For June 21, 2011 Posted: 20 Jun 2011 10:22 AM PDT By ForexMansion.com   The 0.9850 holds yet again in the USD/CAD pair on Monday. The area seems to be massive resistance, and with the trend being down – this is hardly a surprise. If the area were to give way, one would have to think that parity is in the cards. However, as I mentioned earlier the trend is down – and that certainly hasn't changed. On the attached chart, I even included the Stochastic Oscillator, which is sitting fairly flat as well – a sign of how "dead" … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

NZD/USD Technical Analysis For June 21, 2011 Posted: 20 Jun 2011 10:21 AM PDT By ForexMansion.com   The NZD/USD pair fell on Monday, but bounced back and formed a hammer in the 0.81 area. This is a very bullish sign as it is not only a great looking candle, but is also right at major support. This is the area that was once the site of a break out, and as such should be considered possibly strong support. On a break of the Monday highs, there is a buy signal. The low being broke gets us consolidating between the 0.81 ad 0.78 handles. Originally posted here Find … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GBP/USD Technical Analysis For June 21, 2011 Posted: 20 Jun 2011 10:20 AM PDT By ForexMansion.com   The GBP/USD pair rose on Monday, after posting a few hammers in a row. This isn't a surprise, as the last few days set the possibility up for the markets. The fact that we found weakness towards the end of the day is somewhat concerning though, and as such, we are still waiting to see the market go to 1.65 or 1.60 in order to get involved. In the mean time, we think that a bounce is still coming – just that it is simply a consolidative event – not a tradable … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GBP/JPY Technical Analysis For June 21, 2011 Posted: 20 Jun 2011 10:19 AM PDT By ForexMansion.com   The GBP/JPY pair rose on Monday, testing the bottom of the all-important 130 level, which was extremely reliable support previously. The area is significant, and it will be important to see this area give way to a bullish move if we are to rally any significant amount. The central banks are waiting below, and shorting is impossible because of that. A bullish candle on a break above 130 gets us buying. Originally posted here Find more information about technical … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GBP/CHF Technical Analysis For June 21, 2011 Posted: 20 Jun 2011 10:18 AM PDT By ForexMansion.com   The GBP/CHF pair has bounced yet again from the 1.36 area. This area is shaping up to be more and more important as support in a pair that seemingly has found no footing for years. The overall trend is certainly down, but it looks as if we are going to see a bounce soon. This would be good, as it gives the sellers some rest, and allows them to sell from higher levels. We do not buy this pair under any circumstances. We are looking to sell rallies, and 1.38 should … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/USD Technical Analysis For June 21, 2011 Posted: 20 Jun 2011 10:17 AM PDT By ForexMansion.com   The EUR/USD bounced after falling on Monday, and the pair looks like it wants to continue the move up for the short-term. The market is assuming that the Greek Parliament will give a vote of confidence to the current government. If not, the fall will fall apart, and quickly. The Greek government needs the current players involved in order to pass the austerity measures that are required by the IMF and EU in order to get the next hand out. We still acknowledge the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/JPY Technical Analysis For June 21, 2011 Posted: 20 Jun 2011 10:16 AM PDT By ForexMansion.com   The EUR/JPY pair rose on Monday, as word started to spread that the Greeks would more than likely pass a vote of confidence in favor of the current leadership – a move that is vital if the austerity measures are to be passed. None the less, we are currently sitting right at 115, and area that is of vital importance for the pair. We simply will have to rise above it if we are to make the bullish case. 113.50 seems to be some kind of floor at the moment, and a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/GBP Technical Analysis For June 21, 2011 Posted: 20 Jun 2011 10:16 AM PDT By ForexMansion.com   The EUR/GBP pair fell, and then bounced as it tested the 0.88 area. The 0.88 area is by far the most important level in this pair at the moment and that was the catalyst for the bounce on Monday. This sets us up for more consolidation and sloppiness in this pair. We are neutral on this pair until we either rise above 0.90, or fall below 0.86 or so. Originally posted here Find more information about technical analysis, fundamental analysis and news on … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/CHF Technical Analysis For June 21, 2011 Posted: 20 Jun 2011 10:15 AM PDT By ForexMansion.com   The EUR/CHF pair fell, and then bounced from the 1.20 in order to show the support to be intact down at these levels. The pair looks like it might be trying to base and bounce to higher levels. However, the trend is down and strong. Because of this, we are currently looking for rallies to sell. With the hammer candle forming on Monday, we should see one soon in order to sell at those higher levels. 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 21, 2011 Posted: 20 Jun 2011 10:14 AM PDT By ForexMansion.com   The AUD/USD pair continues to find support at the 1.05 area, as the Monday candle looks like another hammer at this level. This is showing us how important the 1.05 area truly is. A break of the Monday high would also fire off a break of several hammers in a row in this pair – a massively bullish sign for the Aussie. A break below the bottom of the hammer would have the market falling to test the 1.02 area. Either way, we know the trend is up, and we only want … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AUD/NZD Technical Analysis For June 21, 2011 Posted: 20 Jun 2011 10:13 AM PDT By ForexMansion.com   The AUD/NZD pair fell on Monday, but has also formed a hammer just above the 1.30 support area. This pair looks a bit supportive at this area, and if we break the Monday highs, we could see a retest of the recent 1.32 highs. If this area get broken, we reenter the bull trend. A failure at that area signals more consolidation in our near-term future. A break below 1.28 would be needed to accelerate the down move and bearish case in this market. Originally posted … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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