DailyMarkets.com - Forex – Broadly Weaker Dollar Near Record Low Against Swiss Franc
DailyMarkets.com - Forex – Broadly Weaker Dollar Near Record Low Against Swiss Franc |
- Forex – Broadly Weaker Dollar Near Record Low Against Swiss Franc
- Bank Of Thailand Lifts Interest Rate Another 25bps To 3.25%
- Forex – EUR/GBP Rebounds From 1-month Low But Gains Limited
- Forex Trading: USD/CHF Finding Support @ .82803
- Forex Trading: Euro Continually Firmer This Session
- European Stocks Mixed As Contagion Fears Weigh; DAX Up 0.2%
- European Stocks Mixed As Contagion Fears Weigh; DAX Up 0.2%
- Euro Zone Industrial Production Rises Less-than-expected
- Volume Spread Analysis Improved With Wyckoff 2.0
- Forex – Dollar Broadly Lower As China Data Lifts Euro
- U.K. Claimant Count Change Up Significantly More-than-expected
- Crude Oil Climbs To 3-day High As China Slowdown Fears Ease
- Forex – GBP/USD Up As Chinese Data Boosts Risk Appetite
- Forex – USD/JPY Regains Ground After Sudden, Sharp Drop
- Gold Futures Hover Near Record High On EU Debt Fears
- Switzerland PPI Declines More-than-expected In June
- Forex – NZD/USD Rises After Strong Chinese Economic Data
- Forex – AUD/USD Higher After Upbeat China Growth Data
- Asia Stocks Advance On Chinese GDP Data; Nikkei Up 0.37%
- Forex – EUR/USD Off 4-month Low But Remains Vulnerable
- Chinese Q2 GDP Rises In Line With Expectations
- Growth & Income Stock: Kohl's Corporation
- Bull Of The Day: United Continental Holdings (UAL)
- Bear Of The Day: Montpelier Re Holdings (MRH)
- Momentum Stock: Under Armour, Inc.
- Aggressive Growth Stock: Cardtronics Inc.
- Forex – EUR/USD Up During The Asian Session
- Forex – GBP/USD Up In Asian Trade
- Forex – USD/JPY Up On Economic Data
- Forex – EUR/CHF Up In Asian Trading Hours
- Forex – USD/CHF Up During Asian Trade
- Forex – EUR/GBP Up During The Asian Session
- Forex – USD/JPY Up During Asian Trade
- Singapore Stock Market Update For Wednesday 13 July
- Forex – USD/CAD Down In Asian Trading Hours
- Chinese Retail Sales And Industrial Production Go Some Way To Ease Concerns Over Chinese Hard Landing
- Forex – AUD/USD Up During Asian Trade
- AUD/JPY Is Bearish; Short-term Outlook Can Be Bullish After Decent Data From China
- Learning How To Trade The GDX Fibonacci Butterfly
- Forex – EUR/USD Up During The Asian Session
- Forex – EUR/JPY Up During Asian Trade
- USD/JPY Technical Analysis July 13, 2011
- USD/CHF Technical Analysis July 13, 2011
- USD/CAD Technical Analysis July 13, 2011
- NZD/USD Technical Analysis July 13, 2011
- GBP/USD Technical Analysis July 13, 2011
- GBP/JPY Technical Analysis July 13, 2011
- GBP/CHF Technical Analysis July 13, 2011
- EUR/USD Technical Analysis July 13, 2011
- EUR/JPY Technical Analysis July 13, 2011
- EUR/GBP Technical Analysis July 13, 2011
- EUR/CHF Technical Analysis July 13, 2011
- AUD/USD Technical Analysis July 13, 2011
- AUD/NZD Technical Analysis July 13, 2011
- Gold Technical Analysis July 13, 2011
- Natural Gas Technical Analysis July 13, 2011
- Oil Technical Analysis July 13, 2011
| Forex – Broadly Weaker Dollar Near Record Low Against Swiss Franc Posted: 13 Jul 2011 03:07 AM PDT Forex Pros – pros – The U.S. dollar held small gains against the Swiss franc on Wednesday, to hover just above the pair’s all-time low as concerns over sovereign debt contagion in the euro zone supported demand for the safe haven franc.<br /><br />USD/CHF hit 0.8280 during European morning trade, the pair’s lowest since June 28; the pair subsequently consolidated at 0.8312, edging up 0.08% .<br /><br />The pair was likely to find … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Bank Of Thailand Lifts Interest Rate Another 25bps To 3.25% Posted: 13 Jul 2011 02:44 AM PDT The Bank of Thailand increased its benchmark 1-day bond repurchase rate by 25 basis points to 3.25% from 3.00%. Bank of Thailand Assistant Governor, Mr. Paiboon Kittisrikangwan, said: “In light of the continued risks to inflation amid robust domestic demand, the MPC deemed it necessary to continue increasing the policy rate to maintain economic stability and anchor inflation expectations.” The Bank also said: “Inflationary pressure remained high due to elevated energy … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Forex – EUR/GBP Rebounds From 1-month Low But Gains Limited Posted: 13 Jul 2011 02:37 AM PDT Forex Pros – pros – The euro was higher against the pound on Wednesday, rebounding from a one-month low but the single currency’s gains were held in check amid ongoing concerns over sovereign debt contagion to Italy and Spain.<br /><br />EUR/GBP hit 0.8844 during European morning trade, the daily high; the pair subsequently consolidated at 0.8838, gaining 0.64%.<br /><br />The pair was likely to find support at 0.8723, the low of June 16 and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Forex Trading: USD/CHF Finding Support @ .82803 Posted: 13 Jul 2011 02:34 AM PDT There has been consolidation in the pair between .82803 and .83294; support has been tested 3 times already. With no more Swiss data the rest of the week, it will most likely be a USD move that causes a break out to either side. An hourly close above or below this consolidation area should give us a clue as to the next short-term direction of the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Forex Trading: Euro Continually Firmer This Session Posted: 13 Jul 2011 02:20 AM PDT The EUR/USD has traded over 100 pips higher this session despite some worse than expected economic data out of the Eurzone. Earlier there were comments from the Bank of Italy that moves on budget balances need to be made soon and there is uncertainty surrounding 2013 and 2014 forecasts. It seems that these moves may just be a re-bound from the bashing the currency took over the last week of trading.
|
| European Stocks Mixed As Contagion Fears Weigh; DAX Up 0.2% Posted: 13 Jul 2011 02:17 AM PDT Forex Pros – pros – European stock markets were mixed on Wednesday, as upbeat economic data from China eased fears over an abrupt slowdown in the world’s second largest economy, while lingering concerns over the euro zone’s debt crisis limited gains. <br /><br />During European morning trade, the EURO STOXX 50 eased down 0.1%, France’s CAC 40 dipped 0.2%, while Germany’s DAX 30 edged 0.2% higher. <br /><br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| European Stocks Mixed As Contagion Fears Weigh; DAX Up 0.2% Posted: 13 Jul 2011 02:15 AM PDT Forex Pros – pros – European stock markets were mixed on Wednesday, as upbeat economic data from China eased fears over an abrupt slowdown in the world’s second largest economy, while lingering concerns over the euro zone’s debt crisis limited gains. <br /><br />During European morning trade, the EURO STOXX 50 eased down 0.1%, France’s CAC 40 dipped 0.2%, while Germany’s DAX 30 edged 0.2% higher. <br /><br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Euro Zone Industrial Production Rises Less-than-expected Posted: 13 Jul 2011 02:06 AM PDT Forex Pros – pros – Industrial production in the euro zone rose less-than-expected in May, official data showed on Wednesday.<br /><br />In a report, Eurostat, the European statistics agency said industrial production rose by a seasonally adjusted 0.1% in May, falling short of expectations for a 0.4% gain. Industrial production rose 0.2% in April. <br /><br />Year-on-year, industrial production rose at an annualized rate of 4.0% in May, after climbing at a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Volume Spread Analysis Improved With Wyckoff 2.0 Posted: 13 Jul 2011 01:50 AM PDT We are great fans of Tom Williams and his two books (‘Master the Markets’* and ‘The Undeclared Secret that Drive the Stock Market’*) in which he discusses his adaptation of Richard Wyckoff methodology. Tom Williams named his approach the ‘Volume Spread Analysis’ or ‘VSA’ and it is based on the bar by bar study of volume (or relative volume), the close and the range of the bar (high less low) to judge the contest between demand and supply. There is a high correlation with VSA and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Forex – Dollar Broadly Lower As China Data Lifts Euro Posted: 13 Jul 2011 01:40 AM PDT Forex Pros – pros – The U.S. dollar was broadly lower against its major counterparts on Wednesday, as risk appetite was bolstered by upbeat Chinese economic data, while concerns over sovereign debt contagion in the euro zone eased somewhat.<br /><br />During European morning trade, the greenback was weaker against the euro, with EUR/USD climbing 0.62% to hit 1.4062.<br /><br />In the euro zone, attention began to focus on an emergency summit of European Union … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| U.K. Claimant Count Change Up Significantly More-than-expected Posted: 13 Jul 2011 01:37 AM PDT Forex Pros – pros – The number of people claiming unemployment benefits in the U.K. rose significantly more-than-expected in June, official data showed on Wednesday.<br /><br />In a report, the U.K. Office for National Statistics said that the claimant count rose by a seasonally adjusted 24,500 in June, above expectations for an increase of 15,000.<br /><br />The previous month’s figure was revised up to 22,500 from a previously reported … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Crude Oil Climbs To 3-day High As China Slowdown Fears Ease Posted: 13 Jul 2011 01:28 AM PDT Forex Pros – pros – Crude oil futures were up for a second day on Wednesday, climbing to a three-day high as upbeat Chinese economic data eased fears over a slowdown in Chinese oil demand, 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 USD97.62 a barrel during European morning trade, gaining … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Forex – GBP/USD Up As Chinese Data Boosts Risk Appetite Posted: 13 Jul 2011 01:02 AM PDT Forex Pros – pros – The pound was higher against the U.S. dollar on Wednesday, as the release of upbeat Chinese economic data soothed markets which have been roiled by fears that the euro zone’s debt crisis is deepening.<br /><br />GBP/USD hit 1.5990 during early European trade, the daily high; the pair subsequently consolidated at 1.5956, gaining 0.27%.<br /><br />Cable was likely to find support at 1.5780, Tuesday’s low and a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Forex – USD/JPY Regains Ground After Sudden, Sharp Drop Posted: 13 Jul 2011 12:46 AM PDT Forex Pros – pros – The U.S. dollar regained ground against the yen on Wednesday, after an earlier sudden drop to a four-month low fanned speculation that Japan would intervene to curb the strength of the yen.<br /><br />USD/JPY clawed back up from 78.47, the pair’s lowest since May 17, to hit 79.36 during late Asian trade, gaining 0.17%.<br /><br />The pair was likely to find support at 78.74, the days low and resistance at 80.36, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Gold Futures Hover Near Record High On EU Debt Fears Posted: 13 Jul 2011 12:40 AM PDT Forex Pros – pros – Gold futures were up for an eighth day on Wednesday, hovering below a record high as mounting concerns over sovereign debt contagion in the euro zone and a weaker U.S. dollar boosted the appeal of the precious metal. <br /><br />On the Comex division of the New York Mercantile Exchange, gold futures for August delivery traded at USD1,572.25 a troy ounce during late Asian trade, edging 0.25% … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Switzerland PPI Declines More-than-expected In June Posted: 13 Jul 2011 12:24 AM PDT Forex Pros – pros – Switzerland’s producer price index fell more-than-expected in June, official data showed on Wednesday.<br /><br />The Swiss Federal Statistical Office said its producer price index dipped by a seasonally adjusted 0.5% in June, after declining by 0.2% in May. <br /><br />Analysts had expected Swiss PPI to ease by 0.3% in June. <br /><br />Year-over-year, the producer price index fell at an annualized rate of 0.4% in June, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Forex – NZD/USD Rises After Strong Chinese Economic Data Posted: 13 Jul 2011 12:10 AM PDT Forex Pros – pros – The New Zealand dollar was higher against its U.S. counterpart on Wednesday, pulling away from a two-week low as upbeat Chinese economic data bolstered demand for higher yielding assets.<br /><br />NZD/USD hit 0.8240 during late Asian trade, the daily high; the pair subsequently consolidated at 0.8223, gaining 0.54%.<br /><br />The pair was likely to find support at 0.8109, Tuesday’s low and a two-week low and resistance at … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Forex – AUD/USD Higher After Upbeat China Growth Data Posted: 12 Jul 2011 11:58 PM PDT Forex Pros – pros – The Australian dollar was higher against its U.S. counterpart on Wednesday, rebounding from a two-week low boosted by upbeat Chinese economic data.<br /><br />AUD/USD hit 1.0651 during late Asian trade, the daily high; the pair subsequently consolidated at 1.0641, gaining 0.42%.<br /><br />The pair was likely to find support at 1.0524, Tuesday’s low and a two-week low and resistance at 1.0746, the high of July 5.<br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Asia Stocks Advance On Chinese GDP Data; Nikkei Up 0.37% Posted: 12 Jul 2011 11:51 PM PDT Forex Pros – pros – Asian stock markets were broadly higher on Wednesday, as a flurry of upbeat data from China eased concerns over a slowdown in the world’s second largest economy.<br /><br />During late Asian trade, Hong Kong’s Hang Seng Index climbed 0.9%, South Korea’s Kospi Composite advanced 0.95%, while Japan’s Nikkei 225 Index edged 0.37% higher. <br /><br />Earlier in the day, official data showed that China’s economy … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Forex – EUR/USD Off 4-month Low But Remains Vulnerable Posted: 12 Jul 2011 11:31 PM PDT Forex Pros – pros –The euro eased off a four-month low against the U.S. dollar on Wednesday, as market sentiment strengthened after upbeat Chinese economic data, but the single currency remained under pressure amid uncertainty over the region’s debt crisis.<br /><br />EUR/USD hit 1.4038 during late Asian trade, the daily high; the pair subsequently consolidated at 1.4001, rising 0.18%.<br /><br />The pair was likely to find support at 1.3837, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Chinese Q2 GDP Rises In Line With Expectations Posted: 12 Jul 2011 11:18 PM PDT Forex Pros – pros – China’s economy grew broadly in line with market expectations in the second quarter of 2011, official data showed on Wednesday.<br /><br />In a report, China’s National Bureau of Statistics said gross domestic product rose at an annualized rate of 9.5% in the second quarter, in line with expectations, after rising 9.7% in the preceding quarter.<br /><br />The economy expanded by 2.2% in the second quarter from the first … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Growth & Income Stock: Kohl's Corporation Posted: 12 Jul 2011 11:05 PM PDT Estimates have been rising for Kohl’s Corporation (NYSE:KSS) after the company reported better than expected comparable sales for the month of June.
|
| Bull Of The Day: United Continental Holdings (UAL) Posted: 12 Jul 2011 11:05 PM PDT We are upgrading our recommendation on United Continental Holdings (UAL) to Outperform. Though we remain concerned about escalating fuel prices, United Continental is able to pass on higher costs to its customers in the form of fare hikes. The company’s first quarter earnings soared on higher fares despite steeper fuel prices.
|
| Bear Of The Day: Montpelier Re Holdings (MRH) Posted: 12 Jul 2011 11:05 PM PDT We are downgrading our recommendation on Montpelier Re Holdings (NYSE:MRH) to Underperform given its exposure to catastrophe losses coupled with the current pricing environment in the primary insurance market and a sluggish economy that is expected to restrict top-line growth.
|
| Momentum Stock: Under Armour, Inc. Posted: 12 Jul 2011 11:05 PM PDT Under Armour, Inc. (NYSE:UA) has posted huge gains in the last year, recently hitting a new all-time high on a 21% earnings surprise. That and bullish estimates have this Zacks #1 Rank stock running with momentum.
|
| Aggressive Growth Stock: Cardtronics Inc. Posted: 12 Jul 2011 11:05 PM PDT Cardtronics (NASDAQ:CATM) may have missed on its last EPS number, but analyst and investors are still buying in. Estimates are showing double-digit growth and shares are currently a Zacks #1 Rank (Strong Buy).
|
| Forex – EUR/USD Up During The Asian Session Posted: 12 Jul 2011 10:55 PM PDT Forex Pros – pros – The Euro was higher against the U.S. Dollar on Wednesday.<br/><br/> EUR/USD was trading at 1.4012, up 0.26% at time of writing.<br/><br/> The pair was likely to find support at 1.3838, Tuesday’s low, and resistance at 1.4368, Friday’s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.13% to hit 0.8793 and EUR/JPY rising 0.62% 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: 12 Jul 2011 10:25 PM PDT Forex Pros – pros – The British Pound was higher against the U.S. Dollar on Wednesday.<br/><br/> GBP/USD was trading at 1.5923, up 0.06% at time of writing.<br/><br/> The pair was likely to find support at 1.5781, Tuesday’s low, and resistance at 1.6078, Friday’s high.<br/><br/> Meanwhile, the British Pound was down against the Euro and up against the Japanese Yen, with EUR/GBP gaining 0.05% to hit 0.8786 and GBP/JPY rising 0.44% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Forex – USD/JPY Up On Economic Data Posted: 12 Jul 2011 10:00 PM PDT Forex Pros – pros – The U.S. Dollar was higher against the Japanese Yen on Wednesday after the release of Japanese data on Industrial Production.<br/><br/> USD/JPY was trading at 79.49, up 0.33% at time of writing.<br/><br/> The pair was likely to find support at 78.49, Tuesday’s low, and resistance at 81.48, Friday’s high.<br/><br/> Earlier in the day, data showed that Industrial production in Japan rose more-than-expected to a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Forex – EUR/CHF Up In Asian Trading Hours Posted: 12 Jul 2011 09:55 PM PDT Forex Pros – pros – The Euro was higher against the Swiss Franc on Wednesday.<br/><br/> EUR/CHF was trading at 1.1628, up 0.18% at time of writing.<br/><br/> The pair was likely to find support at 1.1555, Tuesday’s low, and resistance at 1.2169, Friday’s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.06% to hit 1.3985 and EUR/JPY rising 0.37% 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: 12 Jul 2011 09:25 PM PDT Forex Pros – pros – The U.S. Dollar was higher against the Swiss Franc on Wednesday.<br/><br/> USD/CHF was trading at 0.8316, up 0.12% at time of writing.<br/><br/> The pair was likely to find support at 0.8284, Tuesday’s low, and resistance at 0.8520, Friday’s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and up against the Japanese Yen, with EUR/USD gaining 0.16% to hit 1.3999 and USD/JPY rising 0.25% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Forex – EUR/GBP Up During The Asian Session Posted: 12 Jul 2011 09:00 PM PDT Forex Pros – pros – The Euro was higher against the British Pound on Wednesday.<br/><br/> EUR/GBP was trading at 0.8790, up 0.09% at time of writing.<br/><br/> The pair was likely to find support at 0.8750, Tuesday’s low, and resistance at 0.9001, Friday’s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.24% to hit 1.4009 and EUR/JPY rising 0.45% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Forex – USD/JPY Up During Asian Trade Posted: 12 Jul 2011 08:35 PM PDT Forex Pros – pros – The U.S. Dollar was higher against the Japanese Yen on Wednesday.<br/><br/> USD/JPY was trading at 79.43, up 0.26% at time of writing.<br/><br/> The pair was likely to find support at 78.49, Tuesday’s low, and resistance at 81.48, Friday’s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.30% to hit 1.4018 and GBP/USD rising 0.19% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Singapore Stock Market Update For Wednesday 13 July Posted: 12 Jul 2011 08:29 PM PDT China’s gross domestic product expands at a faster-than-expected rate of 9.5% in the April-June quarter from the year-ago period. US market tank after Ireland downgrade to junk. Market will be choppy from here. Avoid trading or switch to mid to long term … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Forex – USD/CAD Down In Asian Trading Hours Posted: 12 Jul 2011 08:10 PM PDT Forex Pros – pros – The U.S. Dollar was lower against the Canadian Dollar on Wednesday.<br/><br/> USD/CAD was trading at 0.9630, down 0.38% at time of writing.<br/><br/> The pair was likely to find support at 0.9570, Friday’s low, and resistance at 0.9779, Tuesday’s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.15% to hit 1.3997 and GBP/USD rising 0.16% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Posted: 12 Jul 2011 07:53 PM PDT Importance of This Event:
|
| Forex – AUD/USD Up During Asian Trade Posted: 12 Jul 2011 07:30 PM PDT Forex Pros – pros – The Australian Dollar was higher against the U.S. Dollar on Wednesday.<br/><br/> AUD/USD was trading at 1.0628, up 0.28% at time of writing.<br/><br/> The pair was likely to find support at 1.0525, Tuesday’s low, and resistance at 1.0788, Friday’s high.<br/><br/> Meanwhile, the Australian Dollar was up against the Euro and the Japanese Yen, with EUR/AUD shedding 0.14% to hit 1.3171 and AUD/JPY rising 0.52% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| AUD/JPY Is Bearish; Short-term Outlook Can Be Bullish After Decent Data From China Posted: 12 Jul 2011 07:25 PM PDT AUD/JPY - The Aussie can track growth in China. If the economy is still humming along, the Aussie can still be supported, otherwise, it could be time for further consolidation, or bearish correction.
|
| Learning How To Trade The GDX Fibonacci Butterfly Posted: 12 Jul 2011 07:14 PM PDT One of the many useful characteristics of options is that the astute trader can design strategies to capture profit from predicted price action forecasts from a wide variety of technical indicators. I think it is helpful to have knowledge of several approaches to technical analysis in order to recognize patterns that other traders may not see.
|
| Forex – EUR/USD Up During The Asian Session Posted: 12 Jul 2011 07:05 PM PDT Forex Pros – pros – The Euro was higher against the U.S. Dollar on Wednesday.<br/><br/> EUR/USD was trading at 1.3992, up 0.11% at time of writing.<br/><br/> The pair was likely to find support at 1.3838, Tuesday’s low, and resistance at 1.4368, Friday’s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.04% to hit 0.8778 and EUR/JPY rising 0.40% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Forex – EUR/JPY Up During Asian Trade Posted: 12 Jul 2011 06:35 PM PDT Forex Pros – pros – The Euro was higher against the Japanese Yen on Wednesday.<br/><br/> EUR/JPY was trading at 111.07, up 0.30% at time of writing.<br/><br/> The pair was likely to find support at 109.59, Tuesday’s low, and resistance at 116.81, Friday’s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and down against the British Pound, with EUR/USD gaining 0.07% to hit 1.3985 and EUR/GBP falling 0.08% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| USD/JPY Technical Analysis July 13, 2011 Posted: 12 Jul 2011 12:53 PM PDT By ForexMansion.com The USD/JPY pair fell on Tuesday as traders bought the Yen across the board. With the jitters coming out of Europe, there is a real possibility that we could see a serious down move at any moment. Because of this, traders will buy safe-haven currencies such as the Yen. We think that the pair will more than likely fall from here, but a bounce should be waited on in order to short it. Originally posted here The definitive site about stocks, stock trading and stock news: … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| USD/CHF Technical Analysis July 13, 2011 Posted: 12 Jul 2011 12:52 PM PDT By ForexMansion.com The USD/CHF pair fell on Tuesday, but remains stuck in the recent consolidation range between 0.85 and 0.83. The pair looks weak, and has been in a downtrend for years, but a sell at this level could see you waiting out a potential breakdown of the bottom of this box. (This could be a long time – you never know.) Because of this, we are looking for a close on the daily chart below the 0.83 level to sell. Originally posted here Explore ForexMansion.com to find out … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| USD/CAD Technical Analysis July 13, 2011 Posted: 12 Jul 2011 12:50 PM PDT By ForexMansion.com The USD/CAD pair spiked during the Asian and European session on Tuesday, but fell just as quickly once the Americans came into the market. The candle at the end of the day is looking like a shooting star, and the fact that the 0.97 held as resistance at the end of the day – would certainly be encouraging to the bears. This pair has been in a downtrend for several years now, and because of that we like selling on rallies, not buying. Originally posted here The latest … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| NZD/USD Technical Analysis July 13, 2011 Posted: 12 Jul 2011 12:49 PM PDT By ForexMansion.com The NZD/USD pair fell on Tuesday, but found support at the 0.81 level. The pair has been wildly bullish over the last several months, and the fact that we bounced so high confirms it still wants to go higher. We like buying on dips as long as we are above 0.78, with the 0.81 being the first main level of support. Originally posted here Read about forex brokers and the best forex broker at ForexBrokers.co.uk.
|
| GBP/USD Technical Analysis July 13, 2011 Posted: 12 Jul 2011 12:47 PM PDT By ForexMansion.com GBP/USD fell hard on Tuesday, but bounced to form a hammer just above the all-important 1.59 level. The candle shows how hard it is going to be to break the level, and days like this is why we have mentioned more than once we want to see a close of the day below 1.59 – this kind of action can get you into trouble. The pair looks like a bounce is likely, but this should only provide a higher level from which to sell. Originally posted here Further information about … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| GBP/JPY Technical Analysis July 13, 2011 Posted: 12 Jul 2011 12:46 PM PDT By ForexMansion.com The GBP/JPY pair fell hard on Tuesday as traders bought the Yen en masse. The pair is obviously busted, and this move was predicated by the shooting star mid last week. Because of this, we now see that selling is the only way to go, but we need a bounce first as this pair has travelled quite a distance already. Selling here is chasing, and that is the quickest way I know of to lose money in Forex. Originally posted here The definitive site about stocks, stock trading … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| GBP/CHF Technical Analysis July 13, 2011 Posted: 12 Jul 2011 12:44 PM PDT By ForexMansion.com The GBP/CHF pair fell hard on Tuesday, and then bounced to form a bullish hammer. The pair is at an extreme low, but the candle suggests we could possibly see a bounce from here. Buying is foolish, as the bounce should simply be an invitation to sell yet again on the rally. Originally posted here Explore ForexMansion.com to find out about forex brokers who is the best forex broker in the market.
|
| EUR/USD Technical Analysis July 13, 2011 Posted: 12 Jul 2011 12:41 PM PDT By ForexMansion.com EUR/USD fell on Tuesday, breaking below the 1.40 and even going as low as 1.3825 or so. However, there was a wicked bounce, and the result is a hammer. The level 200 day moving average is also in the area, and as such – we feel that a bounce could be in the works. A break above the Tuesday highs starts a bounce that many traders will more than happy to sell into. We don't like markets like this as it seems to make everyone a little poorer when we have these massive … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| EUR/JPY Technical Analysis July 13, 2011 Posted: 12 Jul 2011 12:39 PM PDT By ForexMansion.com The EUR/JPY fell hard on Tuesday, but did find a fairly large bounce in the last couple of hours of the day. The 113.50 support level is a thing of the past now, and it appears that perhaps a retest of that level could come. We think selling this pair on any signs of weakness back at that level is the way to go. Certainly the pair has fallen far enough that selling it here would simply be chasing the move. Originally posted here Read about forex brokers and the best … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| EUR/GBP Technical Analysis July 13, 2011 Posted: 12 Jul 2011 12:38 PM PDT By ForexMansion.com The EUR/GBP fell on Tuesday again, but still seems to cling to the 0.88 zone as there were bids at the end of the day in order to push prices back up. The pair looks choppy, and quite frankly – we are avoiding this pair at this point as we feel it is too fraught with headline risk at the moment. Originally posted here Further information about forex trading and forex news can be found at ForexTrading.co.uk.
|
| EUR/CHF Technical Analysis July 13, 2011 Posted: 12 Jul 2011 12:36 PM PDT By ForexMansion.com The EUR/CHF pair has absolutely exploded to the downside as trades sell off the Euro against anything even seemingly safe haven like. The Swiss Franc is a favorite for traders looking to hide from trouble, and there is certainly plenty of that available in Europe at the moment. We like selling rallies, but selling here is simply chasing the trade at this point. Originally posted here The definitive site about stocks, stock trading and stock news: … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| AUD/USD Technical Analysis July 13, 2011 Posted: 12 Jul 2011 12:35 PM PDT By ForexMansion.com The AUD/USD pair fell, but found support in the late hours of trading as traders bought it at a discount in the US. The pair looks like it will try to find footing at the 1.06 level, and that it could bounce. We like buying this pair on the dips, and as such – we like buying as long as the 1.05 area still holds. Originally posted here Explore ForexMansion.com to find out about forex brokers who is the best forex broker in the market.
|
| AUD/NZD Technical Analysis July 13, 2011 Posted: 12 Jul 2011 12:33 PM PDT By ForexMansion.com The AUD/NZD pair rose and found the 1.30 level – a move we suggested would happen yesterday. The pair did find massive resistance at that level as well, and we suspected that could happen as well. The pair still looks choppy, and we aren't interested in any longer-term holdings until we get below 1.28 or above 1.32 as the pair have been so tough to trade lately. 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
|
| Gold Technical Analysis July 13, 2011 Posted: 12 Jul 2011 12:13 PM PDT By CommoditiesMansion.com The gold markets rose again on Tuesday breaking $1,550 area, and are currently testing the all-time highs at the time of this writing. The market looks very bullish, and is a certain buy on the dips situation. Until we break $1,475 or so – there is no selling gold at all. That level is far below us… Originally posted here Read about crude oil and the oil price at CrudeOilInventory.net. About CommoditiesMansion.com:
|
| Natural Gas Technical Analysis July 13, 2011 Posted: 12 Jul 2011 12:12 PM PDT By CommoditiesMansion.com The natural gas markets rose again on Tuesday, as the markets are currently confirming the bottom of the range we have outlined in this market. The $4 to $5 mark seems to be the boundaries of the market, and the $4.20 area is the start of that support. The $4.40 mark seems to be the first target, and then onto to higher levels. Originally posted here Further information about crude oil price and crude oil news can be found at CrudeOilPriceToday.net. About … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Oil Technical Analysis July 13, 2011 Posted: 12 Jul 2011 12:10 PM PDT By CommoditiesMansion.com Light Sweet Crude
|
| You are subscribed to email updates from DailyMarkets.com To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google Inc., 20 West Kinzie, Chicago IL USA 60610 | |
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home