DailyMarkets.com - Know The Cycle On Top Of Your Portfolio

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• Know The Cycle On Top Of Your Portfolio
• Forex – USD/CHF Close To Record Low Amid Uncertainty Over Greece
• Forex – EUR/GBP Hits 3-week High After Tepid U.K. GDP Data
• European Stocks Advance As Greece Vote Looms; DAX Up 0.2%
• U.K. Q1 Current Account Deficit Narrows Less-than-expected
• Forex – Dollar Mixed Vs. Rivals As Greece Hopes Support Euro
• U.K. Final Q1 GDP Rises In Line With Expectations
• Crude Oil Bounces Off Four-month Low On Bargain Buying
• Forex – GBP/USD Close To 5-month Low As Risk Aversion Weighs
• Forex – USD/JPY Off 7-day High Amid Greek Default Fears
• Gold Futures Edge Higher As Greece Austerity Vote Eyed
• Forex – NZD/USD Nears 7-day Low Weighed By Risk Aversion
• Forex – AUD/USD Close To 11-week Low As Greece Vote Weighs
• Asia Stocks Advance On Greece Hopes; Nikkei Up 0.7%
• Forex – EUR/USD Dips As Greece Austerity Vote Looms
• German Gfk Consumer Climate Index Rises Unexpectedly
• Aggressive Growth Stock: Complete Production Services
• Bull Of The Day: McKesson Corp. (MCK)
• Bear Of The Day: Sunoco, Inc. (SUN)
• Momentum Stock: Men's Warehouse, Inc.
• Growth & Income Stock: Extra Space Storage Inc.
• Forex – EUR/USD Down During The Asian Session
• Forex Trading: EUR/$ Testing 100 Hour Moving Average
• Forex – GBP/USD Down In Asian Trade
• Window Dressing And Sector Rotation
• Forex – EUR/CHF Up In Asian Trading Hours
• Forex – USD/CHF Down During Asian Trade
• Peter Schiff: QE3 Is Coming
• China Long Investor Goes Short, Sees Systemic Fraud
• Forex – EUR/GBP Up During The Asian Session
• Have Tech Stocks Lost Their Mojo?
• Forex – USD/JPY Down During Asian Trade
• Forex – USD/CAD Down In Asian Trading Hours
• Forex – AUD/USD Up During Asian Trade
• Food Deserts In DC? No Problem, Let Walmart Handle It. Bonus: Thousands Of New Jobs As Well
• Forex – EUR/USD Up 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 28, 2011
• USD/CHF Technical Analysis For June 28, 2011
• USD/CAD Technical Analysis For June 28, 2011
• NZD/USD Technical Analysis For June 28, 2011
• GBP/USD Technical Analysis For June 28, 2011
• GBP/JPY Technical Analysis For June 28, 2011
• GBP/CHF Technical Analysis For June 28, 2011
• EUR/USD Technical Analysis For June 28, 2011
• EUR/JPY Technical Analysis For June 28, 2011
• EUR/GBP Technical Analysis For June 28, 2011
• EUR/CHF Technical Analysis For June 28, 2011
• AUD/USD Technical Analysis For June 28, 2011
• AUD/NZD Technical Analysis For June 28, 2011
• EUR/USD Daily Fundamental Analysis For June 28, 2011
• USD/CAD Daily Fundamental Analysis For June 28, 2011

Know The Cycle On Top Of Your Portfolio Posted: 28 Jun 2011 03:35 AM PDT Knowing the major cycles that are dominant with your portfolio helps you manage your asset allocation, portfolio managers should track price action to cycle performance along with fundamentals, the following chart explains why. The SPDR Technology sector has for the last 5 years has been controlled by a dominant weekly cycle between 42 and 45 weeks. Cycles like this are a hedge fund dream, massive gains are made playing the cycle. Once the cycle is known and market timed, managers can picking … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CHF Close To Record Low Amid Uncertainty Over Greece Posted: 28 Jun 2011 02:39 AM PDT Forex Pros – pros &ndash; The U.S. dollar was trading close to a record low against the Swiss franc on Tuesday, as uncertainty ahead of a critical Greek parliamentary vote on austerity measures boosted demand for traditional safe haven assets.<br /><br />USD/CHF hit 0.8333 during European morning trade, the daily low; the pair subsequently consolidated at 0.8343, slipping 0.10%.<br /><br />The pair was likely to find short-term support at 0.8310, last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/GBP Hits 3-week High After Tepid U.K. GDP Data Posted: 28 Jun 2011 02:16 AM PDT Forex Pros – pros &ndash; The euro rose to a three-week high against the broadly weaker pound on Tuesday, after official data confirmed that U.K. gross domestic product rose in line with expectations the first quarter.<br /><br />EUR/GBP hit 0.8966 during European morning trade, the pair&rsquo;s highest since June 8; the pair subsequently consolidated at 0.8957, gaining 0.25%.<br /><br />The pair was likely to find support at 0.8858, Monday&rsquo;s low and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

European Stocks Advance As Greece Vote Looms; DAX Up 0.2% Posted: 28 Jun 2011 02:07 AM PDT Forex Pros – pros &ndash; European stock markets were broadly higher on Tuesday, as shares in the financial sector advanced amid optimism that progress was being made to solve Greece&rsquo;s sovereign debt crisis ahead of a crucial vote on austerity measures later in the week.<br /><br />During European morning trade, the EURO STOXX 50 gained 0.25%, France&rsquo;s CAC 40 jumped 0.9%, while Germany’s DAX 30 edged 0.2% higher.&nbsp; <br /><br />Greek … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.K. Q1 Current Account Deficit Narrows Less-than-expected Posted: 28 Jun 2011 01:40 AM PDT Forex Pros – pros &ndash; The U.K. current account deficit narrowed less-than-expected in the first quarter, official data showed on Tuesday.<br /><br />In a report, the U.K.&rsquo;s National Statistics Office said that the U.K. current account recorded a seasonally adjusted deficit of GBP9.4 billion in the first quarter, down from a deficit of GBP13.0 billion in the preceding quarter, whose figure was revised from a deficit of GBP10.5 billion.<br /><br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Dollar Mixed Vs. Rivals As Greece Hopes Support Euro Posted: 28 Jun 2011 01:38 AM PDT Forex Pros – The U.S. dollar was mixed against its major counterparts on Tuesday, as the euro edged higher, bolstered by optimism that Greece&rsquo;s parliament would approve a package of austerity measures demanded by international lenders.<br /><br />During European morning trade, the greenback was slightly lower against the euro, with EUR/USD easing up 0.13% to hit 1.4308.<br /><br />The single currency found support after French lenders proposed a plan to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.K. Final Q1 GDP Rises In Line With Expectations Posted: 28 Jun 2011 01:36 AM PDT Forex Pros – pros &ndash; The U.K. economy grew in line with expectations in the first quarter of 2011, unrevised from the growth previously published, official data showed on Tuesday.<br /><br />In a report, the U.K.&rsquo;s Office for National Statistics said gross domestic product rose in line with expectations at a seasonally adjusted rate of 0.5% during the first quarter, unchanged from a previous estimate. <br /><br />Annualized GDP rose at a rate of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Crude Oil Bounces Off Four-month Low On Bargain Buying Posted: 28 Jun 2011 01:27 AM PDT Forex Pros – pros &ndash; Crude oil futures were up for the first time in four days on Tuesday, easing off a four-month low as investors entered the market on bargain buying, while a weaker U.S. dollar also lent support. <br /><br />On the New York Mercantile Exchange, light, sweet crude futures for delivery in August traded at USD91.12 a barrel during European morning trade, gaining 0.35%.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Close To 5-month Low As Risk Aversion Weighs Posted: 28 Jun 2011 01:11 AM PDT Forex Pros – pros &ndash; The pound was trading close to a five-month low against the U.S. dollar on Tuesday, weighed by concerns over the euro zone&rsquo;s debt crisis and speculation that the Bank of England may embark on more monetary stimulus.<br /><br />GBP/USD hit 1.5939 during early European trade, the daily low; the pair subsequently consolidated at 1.5984, dipping 0.04%.<br /><br />Cable was likely to find support at 1.5912, Monday&rsquo;s low and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Off 7-day High Amid Greek Default Fears Posted: 28 Jun 2011 12:41 AM PDT Forex Pros – pros &ndash; The U.S. dollar pulled back from a seven-day high against the yen on Tuesday, amid fears that Greece could default on its debts if the country&rsquo;s parliament rejects an austerity plan demanded by international lenders.<br /><br />USD/JPY hit 80.72 during late Asian trade, the daily low; the pair subsequently consolidated at 80.79, slipping 0.11%.<br /><br />The pair was likely to find support at 80.00, the low of June 22 and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gold Futures Edge Higher As Greece Austerity Vote Eyed Posted: 28 Jun 2011 12:36 AM PDT Forex Pros – pros &ndash; Gold futures edged higher on Tuesday, easing off a five-week low as some safe-haven buying emerged ahead of a key parliamentary vote on austerity measures in Greece later in the week.&nbsp;&nbsp; <br /><br />On the Comex division of the New York Mercantile Exchange, gold futures for August delivery traded at USD1,503.05 a troy ounce during late Asian trade, gaining … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – NZD/USD Nears 7-day Low Weighed By Risk Aversion Posted: 28 Jun 2011 12:16 AM PDT Forex Pros – pros &ndash; The New Zealand dollar slipped against its U.S. counterpart on Tuesday, weighed down by risk aversion amid uncertainty ahead of a key Greek vote on economic reforms demanded by international lenders.<br /><br />NZD/USD hit 0.8035 during late Asian trade, the daily low; the pair subsequently consolidated at 0.8054, dipping 0.02%.<br /><br />The pair was likely to find support at 0.7971, the low of June 16 and a three-week low and resistance … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Close To 11-week Low As Greece Vote Weighs Posted: 27 Jun 2011 11:59 PM PDT Forex Pros – pros &ndash; The Australian dollar was trading close to an 11-week low against its U.S. counterpart on Tuesday, as risk appetite remained subdued ahead of a vote by the Greek parliament on austerity measures demanded by international lenders.<br /><br />AUD/USD hit 1.0480 during late Asian trade, the daily high; the pair subsequently consolidated at 1.0446, easing up 0.03%.<br /><br />The pair was likely to find short-term support at 1.0390, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Asia Stocks Advance On Greece Hopes; Nikkei Up 0.7% Posted: 27 Jun 2011 11:54 PM PDT Forex Pros – pros &ndash; Asian stock markets were broadly higher on Tuesday, amid optimism that progress is being made to avoid an imminent Greek default.<br /><br />During late Asian trade, Hong Kong’s Hang Seng Index edged 0.1% higher, Australia&rsquo;s ASX/200 Index climbed 0.31%, while Japan&rsquo;s Nikkei 225 Index gained 0.74%.&nbsp;&nbsp; <br /><br />Concerns over Greece&rsquo;s debt woes eased after French President Nicolas Sarkozy … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Dips As Greece Austerity Vote Looms Posted: 27 Jun 2011 11:36 PM PDT Forex Pros – pros &ndash; The euro dipped against the U.S. dollar on Tuesday, easing back from a three-day high as investors remained cautious ahead of a vote by Greece&rsquo;s parliament on an austerity package that is central to the country&rsquo;s chances of accessing international aid.<br /><br />EUR/USD pulled back from 1.4328, the pair&rsquo;s highest since June 23, to hit 1.4273 during late Asian trade, dipping 0.09%.<br /><br />The pair was … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

German Gfk Consumer Climate Index Rises Unexpectedly Posted: 27 Jun 2011 11:25 PM PDT Forex Pros – pros &ndash; Germany’s consumer climate for July rose unexpectedly, industry data showed on Tuesday.<br /><br />In a report, market research group Gfk said its index of Germany’s consumer climate rose to 5.7 in July from 5.6 in June, whose figure was revised up from 5.5. <br /><br />Analysts had expected the index to ease down to 5.3 in July. <br /><br />The continued upward momentum of the German economy and further recovery of the labor … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Aggressive Growth Stock: Complete Production Services Posted: 27 Jun 2011 11:05 PM PDT Complete Production Services (NYSE:CPX) has some explosive growth potential, with earnings expected to triple over the next 2 years. Shares are trading with attractive valuations and this Zacks #1 Rank (Strong Buy) has a good earnings track record. Company Description Complete Production is an oilfield service provider focusing on the completion and production phases for oil and gas wells. Top Line Swells The last quarterly report came back in April and showed a 605% increase in the top line, to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bull Of The Day: McKesson Corp. (MCK) Posted: 27 Jun 2011 11:05 PM PDT McKesson Corp.’s (NYSE:MCK) fourth quarter fiscal 2011 earnings of $1.66 per share outpaced the Zacks Consensus Estimate and the year-ago earnings. Revenues climbed 8% to $28.9 billion. McKesson’s fiscal 2012 guidance was also above expectations. The company expects fiscal 2012 earnings in the range of $5.99 and $6.19 per share. Following the earnings announcement, we raised our 2012 earnings estimate by 50 cents to $6.10. Based on the company’s performance and guidance, we are upgrading McKesson … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bear Of The Day: Sunoco, Inc. (SUN) Posted: 27 Jun 2011 11:05 PM PDT We are maintaining our Underperform recommendation on Sunoco Inc. (NYSE:SUN), based on a number of issues that have stalled the company’s stock price. Sunoco’s operational reliability issues and increased unscheduled downtime have overshadowed its strong quarterly results and gains from successful restructuring initiatives over the last two years. Rising crude oil prices have added to Sunoco’s challenges by increasing the cost of production. Pitfalls from the ArcelorMittal litigation settlement, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Momentum Stock: Men's Warehouse, Inc. Posted: 27 Jun 2011 11:05 PM PDT Mens Warehouse, Inc. (NYSE:MW) continues to trade strong in the volatile market, recently hitting a new 52-week high after on a solid 8% Q1 earnings surprise. With estimates jumping on the good quarter and a bullish growth projection, this Zacks #1 rank stock is well suited for momentum. Company Description Men’s Warehouse, Inc. operates as a specialty retailer of mens suits in the United States and Canada. The company was founded in 1974 and has a market cap of $1.7 billion. With consumers still … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Growth & Income Stock: Extra Space Storage Inc. Posted: 27 Jun 2011 11:05 PM PDT Extra Space Storage Inc. (NYSE:EXR) recently delivered yet another positive earnings surprise as same-store revenue increased thanks to a significant improvement in the occupancy rate. Management raised its guidance for 2011 off of the strong quarter, prompting analysts to revised their estimates higher too. This sent shares to a Zacks #1 Rank (Strong Buy). Both management and analysts expect Extra Space Storage to grow earnings by double-digits in 2011. In addition to this growth, EXR pays a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Down During The Asian Session Posted: 27 Jun 2011 10:55 PM PDT Forex Pros – pros – The Euro was lower against the U.S. Dollar on Tuesday.<br/><br/> EUR/USD was trading at 1.4273, down 0.11% at time of writing.<br/><br/> The pair was likely to find support at 1.4103, Monday&rsquo;s low, and resistance at 1.4333, Thursday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and down against the Japanese Yen, with EUR/GBP gaining 0.17% to hit 0.8950 and EUR/JPY falling 0.27% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: EUR/$ Testing 100 Hour Moving Average Posted: 27 Jun 2011 10:50 PM PDT The market has pretty quite since the exit of Asia, but should pick up soon as Europe will be entering soon. The EUR/USD has made a mild move lower in recent trade and is currently testing the 100 hour moving average; currently coming in at 1.4263 (the 200 hour is just 3 pips lower). If support holds here, we look to the 61.8% retracement level as the target; a push lower should see us trade towards the 38.2%. Traders should note that we have German Gfk consumer climate, and German import … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Down In Asian Trade Posted: 27 Jun 2011 10:25 PM PDT Forex Pros – pros – The British Pound was lower against the U.S. Dollar on Tuesday.<br/><br/> GBP/USD was trading at 1.5958, down 0.20% at time of writing.<br/><br/> The pair was likely to find support at 1.5914, Monday&rsquo;s low, and resistance at 1.6066, Thursday&rsquo;s high.<br/><br/> Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.11% to hit 0.8945 and GBP/JPY falling 0.30% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Window Dressing And Sector Rotation Posted: 27 Jun 2011 10:03 PM PDT The oversold bounce continued to start the week with a strong move higher in the market today.  Over the last 3 months the last 5 trading days of the month, often cited as window dressing time, have been strong. The IEF bond ETF has had an incredible run since April, but looks like it is about to take a breather as it bumps up against some resistance from 2010.  Some money that has flown to bonds over the last few months will likely move back into stocks during this … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/CHF Up In Asian Trading Hours Posted: 27 Jun 2011 09:55 PM PDT Forex Pros – pros – The Euro was higher against the Swiss Franc on Tuesday.<br/><br/> EUR/CHF was trading at 1.1940, up 0.05% at time of writing.<br/><br/> The pair was likely to find support at 1.1808, Monday&rsquo;s low, and resistance at 1.2072, Thursday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and down against the Japanese Yen, with EUR/USD gaining 0.04% to hit 1.4294 and EUR/JPY falling 0.05% 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: 27 Jun 2011 09:25 PM PDT Forex Pros – pros – The U.S. Dollar was lower against the Swiss Franc on Tuesday.<br/><br/> USD/CHF was trading at 0.8352, down 0.02% at time of writing.<br/><br/> The pair was likely to find support at 0.8320, Monday&rsquo;s low, and resistance at 0.8438, Thursday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the Japanese Yen, with EUR/USD gaining 0.01% to hit 1.4290 and USD/JPY falling 0.08% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Peter Schiff: QE3 Is Coming Posted: 27 Jun 2011 09:11 PM PDT Peter Schiff discusses reasons why we should expect the Federal Reserve to implement QE3. Watch the latest video at … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

China Long Investor Goes Short, Sees Systemic Fraud Posted: 27 Jun 2011 09:10 PM PDT … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/GBP Up During The Asian Session Posted: 27 Jun 2011 09:00 PM PDT Forex Pros – pros – The Euro was higher against the British Pound on Tuesday.<br/><br/> EUR/GBP was trading at 0.8951, up 0.18% at time of writing.<br/><br/> The pair was likely to find support at 0.8850, Thursday&rsquo;s low, and resistance at 0.8958, Monday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and down against the Japanese Yen, with EUR/USD gaining 0.04% to hit 1.4294 and EUR/JPY falling 0.02% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Have Tech Stocks Lost Their Mojo? Posted: 27 Jun 2011 08:49 PM PDT Some large cap tech stocks are struggling while a few lead the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Down During Asian Trade Posted: 27 Jun 2011 08:35 PM PDT Forex Pros – pros – The U.S. Dollar was lower against the Japanese Yen on Tuesday after the release of Japanese data on Retail Sales.<br/><br/> USD/JPY was trading at 80.80, down 0.11% at time of writing.<br/><br/> The pair was likely to find support at 80.13, Friday&rsquo;s low, and resistance at 80.98, Monday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that Japanese retail sales fell less-than-expected to a seasonally adjusted … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CAD Down In Asian Trading Hours Posted: 27 Jun 2011 08:10 PM PDT Forex Pros – pros – The U.S. Dollar was lower against the Canadian Dollar on Tuesday.<br/><br/> USD/CAD was trading at 0.9854, down 0.08% at time of writing.<br/><br/> The pair was likely to find support at 0.9714, Thursday&rsquo;s low, and resistance at 0.9913, Monday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and up against the British Pound, with EUR/USD gaining 0.12% to hit 1.4305 and GBP/USD falling 0.08% to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Up During Asian Trade Posted: 27 Jun 2011 07:30 PM PDT Forex Pros – pros – The Australian Dollar was higher against the U.S. Dollar on Tuesday.<br/><br/> AUD/USD was trading at 1.0466, up 0.22% at time of writing.<br/><br/> The pair was likely to find support at 1.0392, Monday&rsquo;s low, and resistance at 1.0601, Friday&rsquo;s high.<br/><br/> Meanwhile, the Australian Dollar was up against the Euro and the Japanese Yen, with EUR/AUD shedding 0.11% to hit 1.3667 and AUD/JPY rising 0.11% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Food Deserts In DC? No Problem, Let Walmart Handle It. Bonus: Thousands Of New Jobs As Well Posted: 27 Jun 2011 07:21 PM PDT The United States Department of Agriculture has recently released a “Food Desert Locator,” which is an interactive Internet mapping tool that pinpoints low-income neighborhoods across the United States with high concentrations of residents who have limited access to a local supermarket or large grocery store.  From the USDA’s May 2, 2011 press release: “About 10 percent of the 65,000 census tracts in the United States meet the definition of a food desert. These food desert tracts contain … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up During The Asian Session Posted: 27 Jun 2011 07:05 PM PDT Forex Pros – pros – The Euro was higher against the U.S. Dollar on Tuesday.<br/><br/> EUR/USD was trading at 1.4299, up 0.08% at time of writing.<br/><br/> The pair was likely to find support at 1.4103, Monday&rsquo;s low, and resistance at 1.4333, Thursday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and down against the Japanese Yen, with EUR/GBP gaining 0.18% to hit 0.8952 and EUR/JPY falling 0.03% 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: 27 Jun 2011 06:35 PM PDT Forex Pros – pros – The Euro was lower against the Japanese Yen on Tuesday after the release of Japanese data on Retail Sales.<br/><br/> EUR/JPY was trading at 115.52, down 0.04% at time of writing.<br/><br/> The pair was likely to find support at 113.78, Friday&rsquo;s low, and resistance at 115.77, Monday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that Japanese retail sales fell less-than-expected to a seasonally adjusted … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/JPY Down During The Asian Session Posted: 27 Jun 2011 05:45 PM PDT Forex Pros – pros – The British Pound was lower against the Japanese Yen on Tuesday after the release of Japanese data on Retail Sales.<br/><br/> GBP/JPY was trading at 129.09, down 0.20% at time of writing.<br/><br/> The pair was likely to find support at 128.23, Monday&rsquo;s low, and resistance at 129.55, Monday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that Japanese retail sales fell less-than-expected to a seasonally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/JPY Technical Analysis For June 28, 2011 Posted: 27 Jun 2011 01:30 PM PDT By ForexMansion.com   USD/JPY rose on Monday, as capital markets rose globally. The pair has recently found good, strong support at the 80 level, and the pair looks as if it wants to reach for the 82 area. The recent consolidation should continue, and we feel that this pair will be support as the markets know the central banks are below the 80 level, and watching. 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

USD/CHF Technical Analysis For June 28, 2011 Posted: 27 Jun 2011 01:29 PM PDT By ForexMansion.com   The USD/CHF pair had a fairly flat day as traders pushed and pulled at the pair – all to make a doji. This sets up nicely, as a break lower would be very bearish, and a break higher gets us looking for selling opportunities. The pair is decidedly bearish, and a move up from here isn't going to change that as we see 0.85 and 0.88 as major barriers. 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

USD/CAD Technical Analysis For June 28, 2011 Posted: 27 Jun 2011 01:28 PM PDT By ForexMansion.com   The USD/CAD pair had a very quiet day, as the oil markets were actually fairly quiet today. The pair has recently been held hostage to the whims of the oil markets, and as such has been very whippy lately. The pair looks like it may attempt a move to parity before it is all said and done. We would like our prospects at finding a sell signal there. Until then, we are neutral on 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

NZD/USD Technical Analysis For June 28, 2011 Posted: 27 Jun 2011 01:27 PM PDT By ForexMansion.com   NZD/USD gapped lower, and then spent most of Monday filling that gap. The pair is still in a uptrend, but we are currently looking very weak. A break of 0.80 gets us looking for a move to 0.78, while a break above 0.81 would get us bullish again. Until then, we are simply watching from the sidelines. 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

GBP/USD Technical Analysis For June 28, 2011 Posted: 27 Jun 2011 01:25 PM PDT By ForexMansion.com   GBP/USD rose slightly on Monday, after falling. The pair is in a small consolidation area, just below the 1.60 area, and just above the 1.59 area. If the 1.59 gives way to the downside – this pair will find 1.55 in very short order. If 1.59 holds, we will see higher prices, but more than likely only have the market use those as places to sell. This pair looks very, very weak. 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

GBP/JPY Technical Analysis For June 28, 2011 Posted: 27 Jun 2011 01:25 PM PDT By ForexMansion.com   GBP/JPY rose on Monday, but is currently still under the 130 handle, an area we have been watching all along. In order to buy this pair, we would have to see it rise above the price. Until then, we cannot condone buying. The latter hours of trading saw a bit of resistance just below that mark, which is a fairly bearish sign. As long as USD/JPY doesn't meltdown – causing central bank intervention – we would look to sell strength in this pair. Originally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GBP/CHF Technical Analysis For June 28, 2011 Posted: 27 Jun 2011 01:24 PM PDT By ForexMansion.com   GBP/CHF gapped down, and then spent the rest of the day filling that gap as traders feel a bit better about the risks in the market on Monday. However, this is a pair that is in a major bear market, and no serious trader can consider buying it as a result. We look to sell rallies, and we look near 1.34 and 1.36 if we reach it. Originally posted here Find more information about technical analysis, fundamental analysis and news on ForexMansion.com. About … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/USD Technical Analysis For June 28, 2011 Posted: 27 Jun 2011 01:23 PM PDT By ForexMansion.com   EUR/USD rose on Monday, as the trading world decided that the Europeans are going to fix everything this week with the Greek vote. The truth is, default is all but assured by the simple mathematics of the Greek problem, and as such – smart money isn't buying the Euro at this point. The range in which we trade is shrinking, and it implies a move coming. With the headline risk – prudent traders have no interest in guessing for good news. We look for sell … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/JPY Technical Analysis For June 28, 2011 Posted: 27 Jun 2011 01:22 PM PDT By ForexMansion.com   The EUR/JPY pair burst to the upside on Monday as traders relaxed their fears about a Greek default. The 115 is a crucial area that simply must hold in order to give the bulls some support. If it doesn't, we will fall to 113.50 right away. Because of the uncertain nature of things in Europe at the moment, we don't like trading this pair as headline risks is far too apparent 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 28, 2011 Posted: 27 Jun 2011 01:21 PM PDT By ForexMansion.com   The EUR/GBP rose in value on Monday, as traders have bought into the Euro to express their comfort in the prospects of a Greek bailout. While this is good for the Euro temporarily, it must be said that 0.90 has been a massive area of resistance, and unless something goes wrong in the UK, (and it very well could) we think the upside is somewhat limited at the moment, and look to sell weakness for a short-term trade. Originally posted here Find more information … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/CHF Technical Analysis For June 28, 2011 Posted: 27 Jun 2011 01:20 PM PDT By ForexMansion.com   EUR/CHF rose sharply during the Monday session, as traders suddenly feel that the Europeans are going to fix the Greek situation. It should probably be said that the smart money understands that the mathematics ensure a Greek default, and are currently waiting for sell signals. We are too. Look to sell rallies, especially if the 1.20 area holds as resistance. 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

AUD/USD Technical Analysis For June 28, 2011 Posted: 27 Jun 2011 01:19 PM PDT By ForexMansion.com   AUD/USD fell on Monday, but rose towards the later hours to form a hammer-like candle. This shows that there may be support coming into the market, although it looks weak. We still think we need to see the breaking above our red trend line in order to get bullish. But a break of Monday's lows will get us bearish – for the short-term that is, as 1.02 should probably hold. 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

AUD/NZD Technical Analysis For June 28, 2011 Posted: 27 Jun 2011 01:17 PM PDT By ForexMansion.com   AUD/NZD fell on Monday, and continues to grind in a tight consolidation range. The outer limits of the range would be 1.32 and 1.28, but it seems that the range is trying to tighten – a sign of a possible strong move in the near-term. We are waiting to see this pair break above 1.32, or below the 1.28 mark. Originally posted here Find more information about technical analysis, fundamental analysis and news on ForexMansion.com. About … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/USD Daily Fundamental Analysis For June 28, 2011 Posted: 27 Jun 2011 12:48 PM PDT By ForexMansion.com The EUR/USD started the week with a mixed sentiment and strong fluctuations as the outlook for the euro this week and for the coming period is pending the final verdict from the Greek parliament which will remain the predominant play factor over all other odds. The euro attempted to consolidate some of the losses and tried to move higher, which is merely the mixed sentiment that the market is pressured by. Some see that the Greek parliament will pass the austerity package as … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/CAD Daily Fundamental Analysis For June 28, 2011 Posted: 27 Jun 2011 11:52 AM PDT By ForexMansion.com The USD/CAD pair extended its rise on Monday, as investors were still concerned over the outlook for global growth, as the U.S. Income report showed that the personal income and spending declined in May below the expectations in addition to fears from the European debt crisis that boosted demand for lower yielding assets including the U.S. dollar. The pessimism remained dominant despite news on Friday that signaled Greece agreed an austerity plan with the IMF and EU, which … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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