DailyMarkets.com - FMD: Fine-Tuning Operations

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• FMD: Fine-Tuning Operations
• Forex Trading: EUR/USD Comes Close To Re-testing Lows
• US Dollar Not In A Mark Down Phase
• Forex – USD/JPY Up In European Trade
• Forex – GBP/USD Down On Economic Data
• Forex – EUR/USD Down In European Trading Hours
• Forex Trading: EUR/$ Testing Support @ 1.43048
• U.K. PPI Input Rises Unexpectedly
• Forex – GBP/USD Down During The European Session
• Forex – EUR/CHF Up On Economic Data
• Bull Of The Day: Standard Motor Products (SMP)
• Bear Of The Day: Hudson City Bancorp (HCBK)
• Growth & Income Stock: Guess?, Inc.
• Momentum Stock: Steve Madden Ltd
• Aggressive Growth Stock: Temper Pedic Int
• Forex – USD/CHF Up On Economic Data
• Switzerland’s Unemployment Rate Remains Unchanged
• 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
• Forex – EUR/GBP Down During The Asian Session
• USD/JPY Finishing A Rising Wedge
• Why We Need Rich People: Because They Buy New Products At The Highest Price For The Worst Version
• Forex – USD/JPY Up During Asian Trade
• Economic Recovery Watch
• Forex – USD/CAD Up In Asian Trading Hours
• 3 Scenarios For The CAD Employment Change Report
• Forex – AUD/USD Down During Asian Trade
• Forex – EUR/USD Down During The Asian Session
• Singapore Stock Market Update For Friday 08 July
• Forex – EUR/JPY Up During Asian Trade
• ‘ Risk On ‘ For Some ETFs
• Forex – GBP/JPY Up During The Asian Session
• A Different Time
• USD/JPY Technical Analysis For July 8, 2011
• USD/CHF Technical Analysis For July 8, 2011
• USD/CAD Technical Analysis For July 8, 2011
• NZD/USD Technical Analysis For July 8, 2011
• GBP/USD Technical Analysis For July 8, 2011
• GBP/JPY Technical Analysis For July 8, 2011
• GBP/CHF Technical Analysis For July 8, 2011
• EUR/USD Technical Analysis For July 8, 2011
• EUR/JPY Technical Analysis For July 8, 2011
• EUR/GBP Technical Analysis For July 8, 2011
• EUR/CHF Technical Analysis For July 8, 2011
• AUD/USD Technical Analysis For July 8, 2011
• AUD/NZD Technical Analysis For July 8, 2011
• Oil Technical Analysis For July 8, 2011
• Natural Gas Technical Analysis For July 8, 2011
• Gold Technical Analysis For July 8, 2011
• Crude Oil Daily Fundamental Analysis For July 08, 2011
• Natural Gas Daily Fundamental Analysis For July 08, 2011
• USD/CAD Daily Fundamental Analysis For July 08, 2011

FMD: Fine-Tuning Operations Posted: 08 Jul 2011 03:55 AM PDT Ann Heffron, CFA FMD: Fine-Tuning Operations FMD has made several announcements over the past week that indicate it continues to fine-tune its operations as the Company forges ahead in its turn-around bid.  In the first of these on June 30, FMD announced the completion of the $6.9 million sale of a portfolio of contracts with 377 lower cost private, predominantly faith-based primary and secondary schools from its Tuition Management Systems (TMS) subsidiary to FACTS Management Company, a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: EUR/USD Comes Close To Re-testing Lows Posted: 08 Jul 2011 03:10 AM PDT In the prior post we said the downside target was 1.42209; the pair came close to that level with a session low of 1.42276. We have seen some turnaround in recent trade following a release that 5 Italian banks have passed their stress … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

US Dollar Not In A Mark Down Phase Posted: 08 Jul 2011 02:43 AM PDT At the moment the US Dollar down trend has officially stopped, and this is scaring some folk. After all in the last few days we have heard the Chinese have been buying Euro, the EU commissioner try to hush up the rating agencies, and more talk on dummying down US CPI calculation all to keep the euro up and dollar down. Via Wyckoff 2.0 phase analysis the US dollar is no longer in a mark down phase, knowing this should activate portfolio adjustments across all ‘risk on’ assets classes. No body … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Up In European Trade Posted: 08 Jul 2011 02:30 AM PDT Forex Pros – pros – The U.S. Dollar was higher against the Japanese Yen on Friday.<br/><br/> USD/JPY was trading at 81.34, up 0.12% at time of writing.<br/><br/> The pair was likely to find support at 80.54, Monday&rsquo;s low, and resistance at 81.41, Thursday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.56% to hit 1.4283 and GBP/USD falling 0.15% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Down On Economic Data Posted: 08 Jul 2011 02:00 AM PDT Forex Pros – pros – The British Pound was lower against the U.S. Dollar on Friday after the release of U.K. data on PPI Input.<br/><br/> GBP/USD was trading at 1.5962, down 0.06% at time of writing.<br/><br/> The pair was likely to find support at 1.5940, today&rsquo;s low, and resistance at 1.6140, Monday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that Producer price inflation input in the U.K. rose unexpectedly to a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Down In European Trading Hours Posted: 08 Jul 2011 01:55 AM PDT Forex Pros – pros – The Euro was lower against the U.S. Dollar on Friday.<br/><br/> EUR/USD was trading at 1.4308, down 0.39% at time of writing.<br/><br/> The pair was likely to find support at 1.4222, Thursday&rsquo;s low, and resistance at 1.4567, Monday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.39% to hit 0.8959 and EUR/JPY falling 0.26% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: EUR/$ Testing Support @ 1.43048 Posted: 08 Jul 2011 01:50 AM PDT The euro gave up some ground following a worse than expected Italian industrial production number a short while ago. See below, the pair is testing the 23.6% fibo retracement on the move from July 4th highs to Wednesday's low. We shouldn't see too much action between now and 8:30 am (eastern) as the market awaits the always important U.S. non-farm payroll number (expected to come in at 97K). If support holds we look higher to 1.43567 as the target, however if we can close below this level … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.K. PPI Input Rises Unexpectedly Posted: 08 Jul 2011 01:40 AM PDT Forex Pros – pros – Producer price inflation input in the U.K. rose unexpectedly last month, official data showed on Friday.<br/><br/>In a report, National Statistics said that U.K. PPI input rose to a seasonally adjusted 0.4%, from -1.7% in the preceding month whose figure was revised up from -2.0%.<br/><br/>Analysts had expected U.K. PPI input to fall -0.1% last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Down During The European Session Posted: 08 Jul 2011 01:10 AM PDT Forex Pros – pros – The British Pound was lower against the U.S. Dollar on Friday.<br/><br/> GBP/USD was trading at 1.5967, down 0.03% at time of writing.<br/><br/> The pair was likely to find support at 1.5940, today&rsquo;s low, and resistance at 1.6140, Monday&rsquo;s high.<br/><br/> Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 0.36% to hit 0.8962 and GBP/JPY rising 0.09% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/CHF Up On Economic Data Posted: 07 Jul 2011 11:50 PM PDT Forex Pros – pros – The Euro was higher against the Swiss Franc on Friday after the release of Swiss data on Unemployment Rate.<br/><br/> EUR/CHF was trading at 1.2143, up 0.12% at time of writing.<br/><br/> The pair was likely to find support at 1.1967, Wednesday&rsquo;s low, and resistance at 1.2345, Monday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that The rate of unemployment in Switzerland remained unchanged at a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bull Of The Day: Standard Motor Products (SMP) Posted: 07 Jul 2011 11:05 PM PDT Standard Motor Products (NYSE:SMP) enjoys strong brand recognition worldwide. Successful R&D and perfect strategic acquisitions have helped the company enrich its product portfolio and maintain a broad customer base. Standard Motor’s recently amended credit agreement with GE capital has increased its scope for further investments. Moreover, Standard Motor has hiked its dividend payment, signaling the company’s improved confidence in its operations. Furthermore, the company is not vulnerable to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bear Of The Day: Hudson City Bancorp (HCBK) Posted: 07 Jul 2011 11:05 PM PDT We are downgrading our recommendation on Hudson City Bancorp (NASDAQ:HCBK) to Underperform. It reported a loss on a GAAP basis in the first quarter of 2011 for the completion of the balance sheet restructuring during the quarter. Lower interest and dividend income, and increased non-interest expense, were on the downside. Going forward, the low interest rate environment would likely result in a compression of the net interest margin from its new higher level resulting from the restructuring … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Growth & Income Stock: Guess?, Inc. Posted: 07 Jul 2011 11:05 PM PDT Guess?, Inc. (NYSE:GES) carried its momentum into the first quarter of 2012 and delivered another strong earnings surprise. Like many other U.S. companies, Guess? is expanding rapidly in Asia. However, the company is also growing strong in an area that few might expect – Europe. Management reiterated its EPS guidance for the full year after the solid first quarter, while analysts raised their estimates higher. This sent the stock to a Zacks #2 Rank (Buy). Guess? has also been aggressively raising … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Momentum Stock: Steve Madden Ltd Posted: 07 Jul 2011 11:05 PM PDT Steve Madden Ltd (NASDAQ:SHOO) is trading like a rock star, recently surging higher with the market for a fresh multi-year high. With another solid earnings surprise from early May and bullish growth projection, this Zacks #2 rank stock is a top momentum pick. Although Steve Madden has been ripping higher for most of the last year, shares got an extra boost on May 5 when the company reported strong Q1 results that came in ahead of expectations. First-Quarter Results Revenue for the period was up 25% … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Aggressive Growth Stock: Temper Pedic Int Posted: 07 Jul 2011 11:05 PM PDT Temper Pedic Int (NYSE:TPX) recently surged into a new all-time high as the market rebounds from an extended bout of weakness. This Zacks #2 rank stock has an average earning surprise of 14% over the last four quarter and a bullish 17% growth projection. Temper Pedic enabled its shareholders to sleep easy after reporting strong Q1 results in late April that marked big gains from the previous year. First-Quarter Results Revenue for the period was up 28% from last year to $326 million. Earnings also … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CHF Up On Economic Data Posted: 07 Jul 2011 11:00 PM PDT Forex Pros – pros – The U.S. Dollar was higher against the Swiss Franc on Friday after the release of Swiss data on Unemployment Rate.<br/><br/> USD/CHF was trading at 0.8455, up 0.13% at time of writing.<br/><br/> The pair was likely to find support at 0.8365, Wednesday&rsquo;s low, and resistance at 0.8507, Tuesday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that The rate of unemployment in Switzerland remained unchanged at a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Switzerland’s Unemployment Rate Remains Unchanged Posted: 07 Jul 2011 10:55 PM PDT Forex Pros – pros – The rate of unemployment in Switzerland remained unchanged last month, official data showed on Friday.<br/><br/>In a report, State Secretariat for Economic Affairs said that Switzerland&rsquo;s unemployment rate remained unchanged at a seasonally adjusted 3.0%, from 3.0% in the preceding month.<br/><br/>Analysts had expected Switzerland&rsquo;s unemployment rate to remain unchanged at 3.0% last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Down During The Asian Session Posted: 07 Jul 2011 10:50 PM PDT Forex Pros – pros – The Euro was lower against the U.S. Dollar on Friday.<br/><br/> EUR/USD was trading at 1.4338, down 0.17% at time of writing.<br/><br/> The pair was likely to find support at 1.4222, Thursday&rsquo;s low, and resistance at 1.4567, Monday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.05% to hit 0.8990 and EUR/JPY falling 0.13% 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: 07 Jul 2011 10:25 PM PDT Forex Pros – pros – The British Pound was lower against the U.S. Dollar on Friday.<br/><br/> GBP/USD was trading at 1.5950, down 0.14% at time of writing.<br/><br/> The pair was likely to find support at 1.5940, today&rsquo;s low, and resistance at 1.6140, Monday&rsquo;s high.<br/><br/> Meanwhile, the British Pound was up against the Euro and down against the Japanese Yen, with EUR/GBP shedding 0.01% to hit 0.8993 and GBP/JPY falling 0.11% 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: 07 Jul 2011 10:00 PM PDT Forex Pros – pros – The Euro was lower against the Swiss Franc on Friday.<br/><br/> EUR/CHF was trading at 1.2112, down 0.13% at time of writing.<br/><br/> The pair was likely to find support at 1.1967, Wednesday&rsquo;s low, and resistance at 1.2345, Monday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the U.S. Dollar and the Japanese Yen, with EUR/USD shedding 0.17% to hit 1.4338 and EUR/JPY falling 0.12% 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: 07 Jul 2011 09:40 PM PDT Forex Pros – pros – The U.S. Dollar was higher against the Swiss Franc on Friday.<br/><br/> USD/CHF was trading at 0.8448, up 0.04% at time of writing.<br/><br/> The pair was likely to find support at 0.8365, Wednesday&rsquo;s low, and resistance at 0.8507, Tuesday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and the Japanese Yen, with EUR/USD shedding 0.19% to hit 1.4336 and USD/JPY rising 0.07% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/GBP Down During The Asian Session Posted: 07 Jul 2011 09:20 PM PDT Forex Pros – pros – The Euro was lower against the British Pound on Friday.<br/><br/> EUR/GBP was trading at 0.8993, down 0.01% at time of writing.<br/><br/> The pair was likely to find support at 0.8904, Thursday&rsquo;s low, and resistance at 0.9060, Monday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the U.S. Dollar and the Japanese Yen, with EUR/USD shedding 0.13% to hit 1.4344 and EUR/JPY falling 0.10% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/JPY Finishing A Rising Wedge Posted: 07 Jul 2011 08:56 PM PDT Prev: The Japanese Yen is Losing Ground in Risk-on Environment (6/29 Video) USD/JPY - The USD/JPY is in a rally from 79.70 to 81.40, finishing the 5th wave, or wave (e), of a rising wedge. - At the completion of (e), the RSI has failed to break above 80.70, and thus failed to establish convincing bullish momentum. Note that the 80.70 pivot is also near the 200SMA reading. - A bearish outlook has a near-term target of 80.70. If the market is turning bullish, it should respect this as support. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Why We Need Rich People: Because They Buy New Products At The Highest Price For The Worst Version Posted: 07 Jul 2011 08:44 PM PDT Thanks to rich people like Gordon Gekko, who was making mobile phone calls on a $4,000 “brick with buttons” in the 1980s movie Wall Street, we can now get an iPhone for $40. HT: Jeff … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Up During Asian Trade Posted: 07 Jul 2011 08:40 PM PDT Forex Pros – pros – The U.S. Dollar was higher against the Japanese Yen on Friday.<br/><br/> USD/JPY was trading at 81.25, up 0.01% at time of writing.<br/><br/> The pair was likely to find support at 80.54, Monday&rsquo;s low, and resistance at 81.41, Thursday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.10% to hit 1.4348 and GBP/USD falling 0.08% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Economic Recovery Watch Posted: 07 Jul 2011 08:18 PM PDT 1. The American Staffing Association Staffing Index, a weekly barometer of temporary and contract employment that is also a key coincident economic indicator and a leading indicator of total U.S. nonfarm employment reached a year-to-date high of 88 for the week ending June 26.  It was also the highest weekly reading during the month of June since 2008 three years ago. 2. The International Air Transport Association (IATA) is reporting a 6.8% increase in global passenger traffic for May … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CAD Up In Asian Trading Hours Posted: 07 Jul 2011 08:10 PM PDT Forex Pros – pros – The U.S. Dollar was higher against the Canadian Dollar on Friday.<br/><br/> USD/CAD was trading at 0.9590, up 0.05% at time of writing.<br/><br/> The pair was likely to find support at 0.9570, Thursday&rsquo;s low, and resistance at 0.9695, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.09% to hit 1.4350 and GBP/USD falling 0.10% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

3 Scenarios For The CAD Employment Change Report Posted: 07 Jul 2011 07:41 PM PDT Employment Change as Key Indicators for Economic Growth The Bank of Canada is one of the central banks considering when would be the appropriate time to continue raising interest rates. The BOC next meets in mid-July and markets want to now if a rate hike is more likely in the meeting after that in August, or if the central bank waits till the meeting after that in October. Prior to two weeks ago, the consensus had shifted towards the latter date, and we saw the USD/CAD drifting higher. The … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Down During Asian Trade Posted: 07 Jul 2011 07:30 PM PDT Forex Pros – pros – The Australian Dollar was lower against the U.S. Dollar on Friday.<br/><br/> AUD/USD was trading at 1.0767, down 0.09% at time of writing.<br/><br/> The pair was likely to find support at 1.0656, Wednesday&rsquo;s low, and resistance at 1.0788, Monday&rsquo;s high.<br/><br/> Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.06% to hit 1.3338 and AUD/JPY falling 0.11% 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: 07 Jul 2011 07:05 PM PDT Forex Pros – pros – The Euro was lower against the U.S. Dollar on Friday.<br/><br/> EUR/USD was trading at 1.4357, down 0.04% at time of writing.<br/><br/> The pair was likely to find support at 1.4222, Thursday&rsquo;s low, and resistance at 1.4567, Monday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.04% to hit 0.8990 and EUR/JPY falling 0.03% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Singapore Stock Market Update For Friday 08 July Posted: 07 Jul 2011 06:35 PM PDT Japanese shares open higher, as a weaken yen lifts exporter shares and current-account data come in stronger than expected. Asian shares rises as well. US stocks advanced as data show the jobs picture may be brighter than thought. A reading on consumer inflation due out at the end of the month may be a key factor in setting the direction of the Australian stock market through the rest of the year. Resources from www.marketwatch.com No short term trading Mid term trading Jardine C&C enter … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/JPY Up During Asian Trade Posted: 07 Jul 2011 06:35 PM PDT Forex Pros – pros – The Euro was higher against the Japanese Yen on Friday.<br/><br/> EUR/JPY was trading at 116.74, up 0.04% at time of writing.<br/><br/> The pair was likely to find support at 115.53, Thursday&rsquo;s low, and resistance at 117.74, Monday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and down against the British Pound, with EUR/USD gaining 0.01% to hit 1.4364 and EUR/GBP falling 0.02% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

‘ Risk On ‘ For Some ETFs Posted: 07 Jul 2011 06:17 PM PDT by Gary Gordon, posted at Seeking Alpha   According to the folks at Fidelity Investments, the average frequency of a 10% market correction is once per year. However, we have not seen a pullback of this magnitude over the last 12 months (7/6/10-7/5/11), and we have yet to see it occur in 2011. In March, the Middle East uprisings coupled with Japan's devastating earthquake certainly had the potential to trigger a traditional stock market correction. Still, it didn't happen. In fact, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/JPY Up During The Asian Session Posted: 07 Jul 2011 05:45 PM PDT Forex Pros – pros – The British Pound was higher against the Japanese Yen on Friday.<br/><br/> GBP/JPY was trading at 129.81, up 0.04% at time of writing.<br/><br/> The pair was likely to find support at 128.99, Wednesday&rsquo;s low, and resistance at 130.85, Tuesday&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 0.04% to hit 1.5965 and EUR/GBP falling 0.08% to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

A Different Time Posted: 07 Jul 2011 05:41 PM PDT “I don't want to be a prophet of doom – and I really don't believe that we are approaching doom – but I think we're going to slide into intensified social conflicts, social hostility, some forms of radicalism, there is just going to be a sense that this is not a just society.” – Ex-National Security Advisor Zbigniew Brzezinski Think back to six years or so, before the financial crisis began. I wonder how many of us would have honestly expected to see … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/JPY Technical Analysis For July 8, 2011 Posted: 07 Jul 2011 09:29 AM PDT By ForexMansion.com   USD/JPY rose on Thursday, sending the pair over the 81 mark on the close. The pair still looks very tight, and such doesn't offer much in the way of volatility these days. Until we can break above 82 (preferred), or below 80, we see no real direction in this pair other than a scalper's market. Originally posted here The latest info on day trading and particularly forex day trading is found at DayTrading.org. About ForexMansion.com: ForexMansion.com is the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/CHF Technical Analysis For July 8, 2011 Posted: 07 Jul 2011 09:29 AM PDT By ForexMansion.com   USD/CHF rose on Thursday, but fell in retreat when it tested the 0.85 mark. This leads us to believe that the consolidation range between 0.83 and 0.85 will remain intact for the short-term. This pair is in a downtrend, so selling is preferred, but scalping in either direction is possible until we break the range. Originally posted here Read about forex brokers and the best forex broker at ForexBrokers.co.uk. About ForexMansion.com: ForexMansion.com is the forex … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/CAD Technical Analysis For July 8, 2011 Posted: 07 Jul 2011 09:28 AM PDT By ForexMansion.com   The USD/CAD pair validated the shooting star at the 0.9650 mark on Thursday, falling down below the 0.96 handle and testing a minor support area. While it did bounce a little in late trading, the truth is that the bigger picture shows the 0.9650 area as support turned resistance. Because of this, we are still bearish of this pair. Originally posted here Further information about forex trading and forex news can be found at ForexTrading.co.uk. About … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

NZD/USD Technical Analysis For July 8, 2011 Posted: 07 Jul 2011 09:27 AM PDT By ForexMansion.com   The NZD/USD pair broke to new highs on Thursday as traders plowed into the commodity markets, making the demand for the Kiwi rise. The pair is massively bullish, and there is absolutely nothing on this chart to suggest that is going to change. In fact, we hope for pullbacks as we really like owning the Kiwi at this point. Originally posted here The definitive site about stocks, stock trading and stock news: StocksMansion.com. About ForexMansion.com: As one of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GBP/USD Technical Analysis For July 8, 2011 Posted: 07 Jul 2011 09:26 AM PDT By ForexMansion.com   GBP/USD fell again on Thursday as traders are starting to shun owning the Pound across all markets. We maintain that the 1.59 mark is crucial if the bulls want any hope of staying in control That area looks more and more likely to be violated, and the NFP announcement today could be that catalyst. We don't buy this pair anymore, rather preferring to sell rallies, and will get aggressively short on a break of the 1.59 level. Originally posted here Explore … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GBP/JPY Technical Analysis For July 8, 2011 Posted: 07 Jul 2011 09:25 AM PDT By ForexMansion.com   GBP/JPY had a slightly bullish day on Thursday, but failed to stay above the 130 mark, a prerequisite for any serious buying in our estimation. The pair looks flat at the moment, and as long as the 130 holds as resistance, we don't like the pair for longs at all. Shorting is possible if that level continues to hold, and we see weakness at the mark as well. Originally posted here The latest info on day trading and particularly forex day trading is found at … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GBP/CHF Technical Analysis For July 8, 2011 Posted: 07 Jul 2011 09:24 AM PDT By ForexMansion.com   GBP/CHF rose during the Thursday session, but gave a lot of those gains back. As we have been saying for months now, we only sell this pair, and Thursday was a perfect example why. Every time this pair has a nice rally – it falls right back down. We still like selling rallies. Obviously – so does the market. Originally posted here Read about forex brokers and the best forex broker at ForexBrokers.co.uk. About ForexMansion.com: As one of the flagship sites of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/USD Technical Analysis For July 8, 2011 Posted: 07 Jul 2011 09:24 AM PDT By ForexMansion.com   EUR/USD fell hard on Thursday, but managed to form a hammer right above the 1.43 area, a level that has shown it to be minor support and resistance in the past. Because of this, we feel that the next move is probably up but are reluctant to get involved in this pair at the moment as there is simply too much headline risk in it. We prefer to wait until the smoke clears with the various downgrades in Europe that are sure to come in the next few weeks. Originally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/JPY Technical Analysis For July 8, 2011 Posted: 07 Jul 2011 09:23 AM PDT By ForexMansion.com   EUR/JPY rose on Thursday as traders paired back the losses suffered on Wednesday. The pair looks as if it wants to rise, but the real deciding factor is going to be the 117.50 mark. Until that gives way, we see no chance of buying this pair for anything other than a few quick pips. If we can break above that level – this suddenly becomes a long-term buy. If we see weakness at 117.50, we like selling as the pair would simply be respecting the recent consolidation … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/GBP Technical Analysis For July 8, 2011 Posted: 07 Jul 2011 09:22 AM PDT By ForexMansion.com   The EUR/GBP pair fell hard on Thursday, but managed a significant bounce later in the day as trader bought up the Euro. The market formed a hammer at that point, and looks set to try and regain the 0.90 level. The pair found support where would expect it, and because of that we feel that the market looks healthy at this point. A close above 0.90 gets us long again. Originally posted here Explore ForexMansion.com to find out about forex brokers who is the best … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/CHF Technical Analysis For July 8, 2011 Posted: 07 Jul 2011 09:21 AM PDT By ForexMansion.com   The EUR/CHF pair rose on Thursday, bouncing over 100 pips form the 1.20 support area. The move looks fairly impressive, but not so much as to have us buying this pair. In fact, we advocate waiting until higher levels in which to sell it. Perhaps a sign of weakness at 1.23, 12.5, or even 1.28 could be a place to sell again? In the mean time, we sit idly on our hands. Originally posted here The latest info on day trading and particularly forex day trading is found … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AUD/USD Technical Analysis For July 8, 2011 Posted: 07 Jul 2011 09:20 AM PDT By ForexMansion.com   The AUD/USD pair rose again on Thursday as the bull market continues in the Aussie. The pair looks especially strong, and on a break of Thursday's highs, we would be buyers. However, it should be kept in mind that the Non-Farm Payroll report is coming out later today, and as such – we may wait until we get those numbers released. The pair certainly looks set to test the all-time highs again soon though. Originally posted here Read about forex brokers and the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AUD/NZD Technical Analysis For July 8, 2011 Posted: 07 Jul 2011 09:20 AM PDT By ForexMansion.com   The AUD/NZD pair had a volatile day as it rose, and then slammed straight back down to end up basically unchanged. With the recent action, we don't like owning this pair in either direction at the moment. We feel that the pair needs to break above the 1.32 for longs, and below 1.28 for shorts. Until then, we sit idle in this market. Originally posted here Further information about forex trading and forex news can be found at ForexTrading.co.uk. About … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Oil Technical Analysis For July 8, 2011 Posted: 07 Jul 2011 09:09 AM PDT By CommoditiesMansion.com   Light Sweet Crude The CL rose on Thursday, pushing past the $97.50 area, and looks like it is trying to get to $100 in the short-term. We have shown massive bullishness, and it appears that we will continue to go north. We like buying dips, and don't sell at this point. Brent If the CL had a good day, the Brent market had an outstanding one. The candle is long, green, and full. This is a great sign that the bullishness is a new phase of buying, and it … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Natural Gas Technical Analysis For July 8, 2011 Posted: 07 Jul 2011 09:08 AM PDT By CommoditiesMansion.com   The natural gas markets fell hard on Thursday, but managed a bounce in late trading. Because of this, we have formed a hammer-shaped candle on the daily chart, and right where you would want to see it. The $4 mark has held, and it looks like we may see buying come into the marketplace. The breaking of Thursday's highs would be a buy signal, and a sign that we may reenter the previous consolidation area between $4.20 and $4.40 or so. Originally posted … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gold Technical Analysis For July 8, 2011 Posted: 07 Jul 2011 09:07 AM PDT By CommoditiesMansion.com   The gold markets rose again on Thursday, but slowed their progress. As a result, we actually saw the market go negative at one point. However, as buyers came back in, it formed a hammer on the daily chart. It looks a lot like the $1,525 level is set to hold at the moment. However, with non-Farm Payroll coming later in the day, we think that the market is on hold until we see what comes of the numbers. We like buying, especially on dips. Originally posted … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Crude Oil Daily Fundamental Analysis For July 08, 2011 Posted: 07 Jul 2011 01:58 AM PDT By CommoditiesMansion.com Crude oil prices rose on Thursday despite the lower than expected drop in crude oil inventories as reported by the EIA, as better than expected labor data from the United States boosted confidence and led investors to target higher yielding assets, moreover, investors were feeling optimistic over the outlook for economic growth amid signs economic activities could pick up in the second half of this year. The ADP employment report showed U.S. private employers added … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Natural Gas Daily Fundamental Analysis For July 08, 2011 Posted: 07 Jul 2011 01:57 AM PDT By CommoditiesMansion.com Natural gas prices fell on Thursday after the EIA report for natural gas inventories showed a bigger than expected rise, where natural gas stockpiles increased last week by 95 billion cubic feet, compared with median estimates of 82 BCF, and the prior estimate of 78 BCF, which put strong downside pressure on natural gas prices. Moderating weather conditions should keep the negative pressure on natural gas prices, since demand for power-plant fuel will ease, and that … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/CAD Daily Fundamental Analysis For July 08, 2011 Posted: 07 Jul 2011 01:55 AM PDT By ForexMansion.com The USD/CAD pair fell strongly on Thursday as investors bought higher yielding assets after the stronger than expected rise in ADP employment change, where the ADP employment change showed U.S. private employers added 157,000 jobs in June more than double expectations, which spread optimism among traders ahead of Friday's Non-farm payrolls. Rising confidence in markets led investors to target higher yielding assets including crude oil, which supported the CAD to gain … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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