Tuesday, July 19, 2011

DailyMarkets.com - Forex – EUR/GBP Erases Losses But Debt Woes Still Weigh

DailyMarkets.com - Forex – EUR/GBP Erases Losses But Debt Woes Still Weigh


Forex – EUR/GBP Erases Losses But Debt Woes Still Weigh

Posted: 19 Jul 2011 03:03 AM PDT

Forexpros – The euro erased losses against the pound on Tuesday, pulling back from the daily low as sentiment was boosted by a rebound in equities after sharp falls on Monday.<br /><br />EUR/GBP pulled away from 0.8757, the daily low, to hit 0.8795 during European morning trade, easing up 0.07%.<br /><br />The pair was likely to find support at 0.8702, Monday&rsquo;s low and a five-week low and resistance at 0.8836, the high of July 13.<br /><br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


European Stocks Rebound As Tech, Banks Gain; DAX Up 1.6%

Posted: 19 Jul 2011 02:21 AM PDT

Forexpros – European stock markets were broadly higher on Tuesday, rebounding from the previous day&rsquo;s sharp decline as shares in the technology and financial sectors led gains, while U.S. futures pointed to a higher open. <br /><br />During European morning trade, the EURO STOXX 50 jumped 1.7%, France&rsquo;s CAC 40 rose 1.2%, while Germany&rsquo;s DAX 30 climbed 1.6%. <br /><br />Shares in the technology sector were boosted after tech giant IBM … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


German ZEW Economic Sentiment Declines In July

Posted: 19 Jul 2011 02:08 AM PDT

Forexpros – German economic sentiment fell more-than-expected in July, dropping for the fifth consecutive month, industry data showed on Tuesday.<br /><br />In a report, the ZEW Centre for Economic Research said that its index of German economic sentiment fell to -15.1 in July from a reading of -9.0 in June.&nbsp; <br /><br />Analysts had expected the index to decline to -12.3 in July.<br /><br />The report showed that the assessment of the current … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex Trading: Eurozone ZEW (m/m) -7.0 Vs. -5.9; Worse Than Expected.

Posted: 19 Jul 2011 02:02 AM PDT

German ZEW -15.1; worse than the -11.8 survey and -9.0 prior … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex Trading: Eurozone Construction Output (May) -1.1% Vs. 0.7% Forecast.

Posted: 19 Jul 2011 02:01 AM PDT

… [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – Dollar Broadly Lower As Risk Appetite Re-emerges

Posted: 19 Jul 2011 01:43 AM PDT

Forexpros – The U.S. dollar was broadly lower against its major counterparts on Tuesday, as risk appetite staged a modest recovery but concerns over sovereign debt contagion in the euro zone lingered.<br /><br />During European morning trade, the greenback was weaker against the euro, with EUR/USD climbing 0.52% to hit 1.4186.<br /><br />Investors remained cautious ahead of a meeting of euro zone leaders in Brussels later in the week to discuss a second bailout for … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Crude Oil Advance On Easing U.S., China Demand Concerns

Posted: 19 Jul 2011 01:25 AM PDT

Forexpros – Crude oil futures advanced on Tuesday, recouping some of the previous day&rsquo;s losses amid easing concerns over a slowdown in demand from the U.S. and China, while a broadly weaker U.S. dollar also lent support.&nbsp; <br /><br />On the New York Mercantile Exchange, light, sweet crude futures for delivery in September traded at USD97.07 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 Hits Daily High But Risk Aversion Remains

Posted: 19 Jul 2011 01:06 AM PDT

Forexpros – The pound advanced to a daily high against the U.S. dollar on Tuesday, but markets remained risk averse as ongoing concerns over possible sovereign debt contagion in the euro zone weighed.<br /><br />GBP/USD hit 1.6128 during early European trade, the daily high; the pair subsequently consolidated at 1.6113, gaining 0.35%.<br /><br />Cable was likely to find support at 1.6004, Monday&rsquo;s low and resistance at 1.6175, last Friday&rsquo;s … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – USD/JPY Dips As BoJ Warns On Yen Strength

Posted: 19 Jul 2011 12:47 AM PDT

Forexpros – The U.S. dollar was steady against the yen on Tuesday, after a senior Bank of Japan official warned against the impact that the yen&rsquo;s gains could have Japan&rsquo;s recovery, signaling the bank&rsquo;s readiness to intervene in currency markets.<br /><br />USD/JPY hit 78.99 during late Asian trade, the daily low; the pair subsequently consolidated at 79.00, dipping 0.02%<br /><br />The pair was likely to find support at 78.45, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex Trading: Euro Firmer, Testing Resistance @ 1.4147

Posted: 19 Jul 2011 12:46 AM PDT

The euro is much stronger in recent trade, gaining over 70 pips against the USD in the last hour; no data or comments  fueling the move. The EUR/USD traded continually higher through out the second part of yesterday's trade day, but turned around at 1.41346 and later found support from the 23.6% fibo line (on the move from July 13th highs to yesterday's low). With recent strength the pair has traded higher through the 38.2%, 100 hour moving average, and currently test resistance at … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Gold Futures Climb To Fresh Record High As Debt Worries Linger

Posted: 19 Jul 2011 12:32 AM PDT

Forexpros – Gold futures rallied to a fresh record high for the fourth time in five days on Tuesday, trading above USD1,600 an ounce as U.S. and European sovereign debt concerns boosted the precious metal.<br /><br />On the Comex division of the New York Mercantile Exchange, gold futures for August delivery traded at USD1,609.15 a troy ounce during late Asian trade, climbing … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – NZD/USD Close To Record High On Rate Hike Expectations

Posted: 19 Jul 2011 12:16 AM PDT

Forexpros – The New Zealand dollar was trading within striking distance of a record high against its U.S. counterpart on Tuesday, boosted by expectations for a rate hike by the Reserve Bank of New Zealand this month.<br /><br />NZD/USD hit 0.8471 during late Asian trade, the daily high; the pair subsequently consolidated at 0.8470, edging up 0.26%.<br /><br />The pair was likely to find support at 0.8341, the low of July 14 and resistance at 0.8504, the high of July 14 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – AUD/USD Edges Up But Gains Limited After RBA Minutes

Posted: 18 Jul 2011 11:56 PM PDT

Forexpros – The Australian dollar edged higher against its U.S. counterpart on Tuesday, but gains were limited after the minutes from the central bank&rsquo;s July policy setting meeting showed the bank is unlikely to tighten policy for some time.<br /><br />AUD/USD hit 1.0652 during late Asian trade, the daily high; the pair subsequently consolidated at 1.0638, rising 0.30%.<br /><br />The pair was likely to find support at 1.0559, Monday&rsquo;s low and a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Asia Stocks Drop On U.S., EU Debt Fears; Nikkei Down 0.9%

Posted: 18 Jul 2011 11:49 PM PDT

Forexpros – Asian stock markets were broadly lower on Tuesday, as a lack of progress over raising the U.S. debt ceiling and lingering concerns over the euro zone&rsquo;s debt crisis prompted investors to shun riskier assets.<br /><br />During late Asian trade, Hong Kong’s Hang Seng Index slumped 0.75%, Australia&rsquo;s ASX/200 Index edged 0.1% lower, while Japan&rsquo;s Nikkei 225 Index retreated 0.9%.&nbsp;&nbsp;&nbsp; <br /><br />U.S. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – EUR/USD Slips As Sovereign Debt Woes Weigh

Posted: 18 Jul 2011 11:29 PM PDT

Forexpros – The euro slipped to a daily low against the U.S. dollar on Tuesday, remaining under pressure amid concerns that Greece&rsquo;s sovereign debt crisis could spread to infect Italy and Spain.<br /><br />EUR/USD hit 1.4069 during later Asian trader, the daily low; the pair subsequently consolidated at 1.4089, sliding 0.14%.<br /><br />The pair was likely to find support at 1.3950, the low of July 13 and resistance at 1.4198, the high of July 15.<br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Singapore Stock Market Update For Tuesday 19 July

Posted: 18 Jul 2011 11:15 PM PDT

Shares lose ground across Asia, with banks declining in Tokyo and Hong Kong. Singapore market is more resilient compared to other markets as index sheded small losses. Markets tend to be choppy, 3000 support is very … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Bull Of The Day: Brightpoint Inc. (CELL)

Posted: 18 Jul 2011 11:05 PM PDT

We upgrade our recommendation for Brightpoint Inc. (NASDAQ:CELL) to Outperform based on our view that galloping demand for high-end smartphones and tablets throughout the world will drive the company’s valuation level higher in the near future.
We believe the negative consequences of the proposed merger between AT&T and T-Mobile USA are already reflected in the current valuation as it has plummeted nearly 39% in the last four months after this news surfaced. In the previous two quarters, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Growth & Income Stock: Deere & Company

Posted: 18 Jul 2011 11:05 PM PDT

“We see John Deere has come out with this year’s line of roto-tillers. Surprise, surprise, they’re green. I say it’s time to send John Deere a Dear John.”
(That’s one of my favorite lines from The Simpsons.)
While the farm equipment critic for The Springfield Shopper may be growing tired of Deere & Company’s (NYSE:DE) famous green machines, the rest of the world can’t seem to get enough of them.
The company recently reported record quarterly profit on exceptionally strong revenue growth. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Bear Of The Day: Medtronic (MDT)

Posted: 18 Jul 2011 11:05 PM PDT

Medtronic’s (NYSE:MDT) two largest segments – CRDM and Spinal have been witnessing several challenges over the past few quarters.
Lower procedure volume and pricing pressure continues to bother the company. Although the company expects the situation to improve with new product launches, any imminent benefit can be ruled out at present. Concerns regarding overutilization of stents and issues with its bone growth protein rhBMP-2 are also haunting Medtronic.
Additionally, uncertainty hovers around … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Momentum Stock: EBay, Inc.

Posted: 18 Jul 2011 11:05 PM PDT

eBay, Inc. (NASDAQ:EBAY) recently jumped back within striking distance of its multi-year high on word the Fed was lifting restrictions on debt cars. But the bigger picture looks good too, with the next-year estimate projecting 17% growth for this Zacks #1 rank stock.
Company Description
eBay operates an online market place and auction site and offers payments solutions worldwide. The company was founded in 1995 and has a market cap of $42 billion.
Shares of eBay have been quietly rallying over the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Aggressive Growth Stock: Medidata Solutions

Posted: 18 Jul 2011 11:05 PM PDT

Medidata Solutions (MDSO) analysts moved their forecasts higher after the last quarterly report, pushing shares to a Zacks #1 Rank (Strong Buy).
The company is also active in the M&A market and trades with solid valuations.
Company Description
Medidata Solutions provides software services used by life science groups in clinical development.
Record-Setting Quarter
On May 10 Medidata reported first quarter results that included revenues of $40.8 million, an 8% increase. Gross margins were … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – EUR/USD Down During The Asian Session

Posted: 18 Jul 2011 10:55 PM PDT

Forexpros – The Euro was lower against the U.S. Dollar on Tuesday.<br/><br/> EUR/USD was trading at 1.4078, down 0.24% at time of writing.<br/><br/> The pair was likely to find support at 1.4015, Monday&rsquo;s low, and resistance at 1.4270, Thursday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.31% to hit 0.8762 and EUR/JPY falling 0.26% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – GBP/USD Up In Asian Trade

Posted: 18 Jul 2011 10:25 PM PDT

Forexpros – The British Pound was higher against the U.S. Dollar on Tuesday.<br/><br/> GBP/USD was trading at 1.6064, up 0.04% at time of writing.<br/><br/> The pair was likely to find support at 1.6006, Monday&rsquo;s low, and resistance at 1.6186, Thursday&rsquo;s high.<br/><br/> Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 0.20% to hit 0.8772 and GBP/JPY rising 0.03% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex Trading: Euro Lower After ECB’s Nowotny Says A Default Would Have Grave Consequences.

Posted: 18 Jul 2011 10:20 PM PDT

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EUR/USD’s Technical Setup Ahead Of The Eurozone And German ZEW Releases

Posted: 18 Jul 2011 10:05 PM PDT

Prev: EUR/USD 1.42 Defended to Start Week (7/17)

EUR/USD

- The EUR/USD started this week bearish, but was supported in the US session. The market reached as low as 1.4015, cracking important pivot near 1.4030, but failing to sustain the break. This failure at least weakens the bullish scenario starting this week in a consolidation mode, with the market back to where it opened.
- However, the inability of the RSI reading in the 1H chart to break below 30 suggests weak bears as well. Note that … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – EUR/CHF Up In Asian Trading Hours

Posted: 18 Jul 2011 09:55 PM PDT

Forexpros – The Euro was higher against the Swiss Franc on Tuesday.<br/><br/> EUR/CHF was trading at 1.1546, up 0.07% at time of writing.<br/><br/> The pair was likely to find support at 1.1406, Monday&rsquo;s low, and resistance at 1.1648, Thursday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.04% to hit 1.4118 and EUR/JPY rising 0.09% 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: 18 Jul 2011 09:25 PM PDT

Forexpros – The U.S. Dollar was higher against the Swiss Franc on Tuesday.<br/><br/> USD/CHF was trading at 0.8180, up 0.06% at time of writing.<br/><br/> The pair was likely to find support at 0.8091, Monday&rsquo;s low, and resistance at 0.8199, Thursday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and the Japanese Yen, with EUR/USD shedding 0.01% to hit 1.4110 and USD/JPY rising 0.05% 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: 18 Jul 2011 09:00 PM PDT

Forexpros – The Euro was lower against the British Pound on Tuesday.<br/><br/> EUR/GBP was trading at 0.8781, down 0.09% at time of writing.<br/><br/> The pair was likely to find support at 0.8706, Monday&rsquo;s low, and resistance at 0.8831, Thursday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.05% to hit 1.4120 and EUR/JPY rising 0.10% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


John Stephenson: Gold Miners Should Start Outperforming The Metal

Posted: 18 Jul 2011 08:53 PM PDT

John Stephenson talks about the recent underperformance of gold miners vs. bullion but believes miners should start to outperform … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – USD/JPY Up During Asian Trade

Posted: 18 Jul 2011 08:35 PM PDT

Forexpros – The U.S. Dollar was higher against the Japanese Yen on Tuesday.<br/><br/> USD/JPY was trading at 79.07, up 0.04% at time of writing.<br/><br/> The pair was likely to find support at 78.47, Thursday&rsquo;s low, and resistance at 79.60, Thursday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and down against the British Pound, with EUR/USD shedding 0.001% to hit 1.4111 and GBP/USD rising 0.10% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Walmart: The Most Successful Retailer In History

Posted: 18 Jul 2011 08:25 PM PDT

Walmart is without question the most successful retailer in the history of the United States, and in the history of the entire world by almost any measure (number of stores, sales revenue, number of employees, market share, etc.) Here are some Walmart facts:

1. In 2010, American consumers bought almost as much merchandise at low-priced Walmart ($307.7 billion in U.S. retail sales) as they purchased from the next five largest U.S. retailers combined ($324.5 billion): Kroger ($78.3 billion), … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – USD/CAD Down In Asian Trading Hours

Posted: 18 Jul 2011 08:10 PM PDT

Forexpros – The U.S. Dollar was lower against the Canadian Dollar on Tuesday.<br/><br/> USD/CAD was trading at 0.9586, down 0.13% at time of writing.<br/><br/> The pair was likely to find support at 0.9521, Friday&rsquo;s low, and resistance at 0.9635, Monday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.08% to hit 1.4123 and GBP/USD rising 0.12% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Jim Rogers: Silver Is Going Much Higher

Posted: 18 Jul 2011 08:04 PM PDT

This interview occurred about a week ago with Jim Rogers.  He is still strongly bullish on silver over the long term and believes global currency debasement is going to continue to produce upside potential for precious … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – AUD/USD Up During Asian Trade

Posted: 18 Jul 2011 07:30 PM PDT

Forexpros – The Australian Dollar was higher against the U.S. Dollar on Tuesday.<br/><br/> AUD/USD was trading at 1.0633, up 0.25% at time of writing.<br/><br/> The pair was likely to find support at 1.0561, Monday&rsquo;s low, and resistance at 1.0786, Thursday&rsquo;s high.<br/><br/> Meanwhile, the Australian Dollar was up against the Euro and the Japanese Yen, with EUR/AUD shedding 0.13% to hit 1.3289 and AUD/JPY rising 0.32% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – EUR/USD Up During The Asian Session

Posted: 18 Jul 2011 07:05 PM PDT

Forexpros – The Euro was higher against the U.S. Dollar on Tuesday.<br/><br/> EUR/USD was trading at 1.4119, up 0.05% at time of writing.<br/><br/> The pair was likely to find support at 1.4015, Monday&rsquo;s low, and resistance at 1.4270, Thursday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.08% to hit 0.8782 and EUR/JPY rising 0.10% 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: 18 Jul 2011 06:35 PM PDT

Forexpros – The Euro was higher against the Japanese Yen on Tuesday.<br/><br/> EUR/JPY was trading at 111.57, up 0.02% at time of writing.<br/><br/> The pair was likely to find support at 110.66, Monday&rsquo;s low, and resistance at 112.92, Thursday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the U.S. Dollar and the British Pound, with EUR/USD shedding 0.01% to hit 1.4110 and EUR/GBP falling 0.10% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Banco De Oro Unibank, Inc. (BDO) Target Price

Posted: 18 Jul 2011 06:34 PM PDT

Banco de Oro Unibank, Inc. (BDO)
Consensus Target Price: PHP 73.59

Firm
Analyst
Target Price
Date Released

 
 
 
 

Kim Eng Securities
Tan
68.30
7/12/2011

CitisecOnline.com
Lee-Tan
60.00
6/16/2011

Citi
Olonan
67.00
6/10/2011

Credit Suisse
Narvaez
58.00
6/9/2011

Phil. Equity Partners
Gonzales
61.36
5/3/2011

Macquarie
Pomento
73.00
5/2/2011

CLSA
Dy
66.00
4/12/2011

 
*Target Price is set at 6 to 12 months from release.
*Data taken from … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


NZD/USD Daily Fundamental Analysis For July 20, 2011

Posted: 18 Jul 2011 03:07 PM PDT

By ForexMansion.com
The New Zealand dollar continues its upside movement after the strong CPI increased expectations that the RBNZ is to rise the interest rate during the third quarter to tame inflation.
The Kiwi has moved opposite the bearish movement across the market which grabbed the market’s attention, where investors increased their demand for the New Zealand dollar on higher rates expectations.
We can see that the Kiwi moves in a narrow range as the fears still dominate the sentiment … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


AUD/USD Daily Fundamental Analysis For July 20, 2011

Posted: 18 Jul 2011 03:00 PM PDT

By ForexMansion.com
The European debt crisis is pressuring Aussie to continue its downside movement against majors, where the Australian dollar is responding to the concerns as well as the proliferation of the debt-ceiling debate in the U.S., which keeps risk aversion the focus.
The Australian currency declined slightly against the US major counterpart as the Reserve Bank of Australia reported that the Bank won’t increase the interest rates until the end of the year because of the current … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


AUD/NZD Daily Fundamental Analysis For July 20, 2011

Posted: 18 Jul 2011 02:54 PM PDT

By ForexMansion.com
The AUD/NZD pair stabilized around its lowest level in 11 months, where the Australian dollar remained weak after the RBA’s July minutes; while the New Zealand currency remained the favorite currency for traders.
Moreover, the Australian currency (Aussie) has declined slightly against the US major counterpart as the Reserve Bank of Australia reported that the Bank won’t increase interest rates until the end of the year because of the current situation in Australia along with … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


USD/JPY Technical Analysis For July 19, 2011

Posted: 18 Jul 2011 09:23 AM PDT

By ForexMansion.com

 
The USD/JPY had a fairly quiet day on Monday as traders sold risk, but did not get involved in this pair. The prevailing consensus is that the central banks are obviously watching this pair intently, and as such – any big move down could trigger intervention. Because of this, we don't want to be involved in this market to the downside, and are looking for a reason to buy. We haven't found it yet though.

Originally posted here

The latest info on day trading … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


USD/CHF Technical Analysis For July 19, 2011

Posted: 18 Jul 2011 09:22 AM PDT

By ForexMansion.com

 
The USD/CHF pair rose on Monday, after gapping lower at the open. The pair is most decidedly bearish, but this move may lead the way to a bounce of sorts in the market. Any serious trader knows that these bounces are to be sold as the market is so weak. The 0.83 area above would be a perfect spot to see bearish price action from which to sell.

Originally posted here

Read about forex brokers and the best forex broker at ForexBrokers.co.uk.
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USD/CAD Technical Analysis For July 19, 2011

Posted: 18 Jul 2011 09:21 AM PDT

By ForexMansion.com

 
USD/CAD rose on Monday, but fell a bit during the late hours of the session. The pair is still in a bearish run, and looks set to go lower before it is all said and done. The breaking of the lows on Monday could possibly be the next selling signal in this market. We also like selling the rallies that appear in USD/CAD.

Originally posted here

Further information about forex trading and forex news can be found at ForexTrading.co.uk.
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NZD/USD Technical Analysis For July 19, 2011

Posted: 18 Jul 2011 09:20 AM PDT

By ForexMansion.com

 
The NZD/USD pair fell on Monday, but bounced towards the end of the day again as it appears the uptrend simply is too strong to cause any significant drop in price for more than a few hours. The pair is a bull pair, and buying is the only thing to do. We like buying this pair on dips, and will not sell it.

Originally posted here

The definitive site about stocks, stock trading and stock news: StocksMansion.com.
About ForexMansion.com:
ForexMansion.com is the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


GBP/USD Technical Analysis For July 19, 2011

Posted: 18 Jul 2011 09:19 AM PDT

By ForexMansion.com

 
The GBP/USD pair fell on Monday as traders shed risk and rushed for safe haven assets like the USD. The pair bounced off of the 1.60 level, but appears that it will attempt to finish near it – hardly a sign of confidence in the Pound. The pair needs to close below 1.59 in order for us to sell for the long-term.

Originally posted here

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GBP/JPY Technical Analysis For July 19, 2011

Posted: 18 Jul 2011 09:19 AM PDT

By ForexMansion.com

 
The GBP/JPY fell again on Monday, showing the inherent flight from risk that the market is currently showing. The pair is normally a great barometer for global risk, and will quite often fall when all other markets are doing the same. Therefore, this move could hardly be considered a surprise. The trend is down, and we like selling rallies because of that.

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 19, 2011

Posted: 18 Jul 2011 09:18 AM PDT

By ForexMansion.com

 
The GBP/CHF pair continues its downward trajectory, even though the candle for Monday is going to be green at the end of the day. The opening saw a gap down and it should also be noted that the market fell towards the end of the session as well. The trend is simply too strong for GBP bulls to overcome, and as such – you should be selling rallies.

Originally posted here

Read about forex brokers and the best forex broker at ForexBrokers.co.uk.
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EUR/USD Technical Analysis For July 19, 2011

Posted: 18 Jul 2011 09:17 AM PDT

By ForexMansion.com

 
EUR/USD had another bearish day on Monday, as the world sold off the Euro. However, as the Americans do on almost every day, they bought up the Euro, and seem to be the only ones supporting it at the moment. In the meantime, we seem to be in a sell the Euro during Asian and Europe situation, while the Americans are reckless enough to buy it. The 1.40 area is vital, and a new low would be a very, very bad sign.

Originally posted here

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EUR/JPY Technical Analysis For July 19, 2011

Posted: 18 Jul 2011 09:16 AM PDT

By ForexMansion.com

 
The EUR/JPY fell hard on Monday at the start of the Asian session, but bounced as other markets came into play. This was an odd move considering most indices sold off on Monday, which normally means a down EUR/JPY pair. This could reflect the leeriness of selling the Yen rather than any need to own Euros by traders. We still want to sell this pair, perhaps at the 113.50 area if we get weakness at that point.

Originally posted here

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EUR/GBP Technical Analysis For July 19, 2011

Posted: 18 Jul 2011 09:15 AM PDT

By ForexMansion.com

 
EUR/GBP rose again on Monday, showing just how attracted it is to the 0.88 level. We mentioned on Friday how this pair could rise in value, but there was simply too much sloppiness involved in the market, and we wanted to avoid it. The bounce has made it to 0.88, and looks very supportive. However, we don't like all of the headline risks that are coming out of Europe at the moment, and as such – think the volatility swings in a pair like this could be … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


EUR/CHF Technical Analysis For July 19, 2011

Posted: 18 Jul 2011 09:14 AM PDT

By ForexMansion.com

 
The EUR/CHF pair rose on Monday after gapping lower at the open. The pair broke back above the 1.15 area towards the later hours of the session, and looks like it wants to bounce from these levels. The market is massively bearish, so buying is very reckless indeed. The best trade is to sell rallies, as it has worked for years.

Originally posted here

The latest info on day trading and particularly forex day trading is found at DayTrading.org.
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AUD/USD Technical Analysis For July 19, 2011

Posted: 18 Jul 2011 09:14 AM PDT

By ForexMansion.com

 
AUD/USD fell on Monday as the markets around the world fell and risk was shunned. The latter hours of the day saw buyers coming into the pair to support it, just as they have for quite some time now. The market is certainly an up trending one, and we like buying these kinds of dips as long as we are above 1.02 or so.

Originally posted here

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AUD/NZD Technical Analysis For July 19, 2011

Posted: 18 Jul 2011 09:13 AM PDT

By ForexMansion.com

 
The AUD/NZD pair had a back-and-forth day as the markets stayed in a fairly flat range. The market is suddenly bearish, and we feel a bounce would only be a selling opportunity in the long run. A break of the lows on Monday also presents another selling opportunity. We don't like buying this pair until we break above 1.32 again.

Originally posted here

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Oil Technical Analysis For July 19, 2011

Posted: 18 Jul 2011 09:04 AM PDT

By CommoditiesMansion.com

 
Light Sweet Crude
The CL contract found itself down for the day on Monday, but remains above the $90 a barrel level, a support level that we feel is vital to keep the bull run going. The market looks set to tread water between $95 and $100 for the near-term, and will need to break above the $100 mark, or fall to $90 to get us to buy again.

Brent
The Brent market is clearly treading water just below the $120 area, and looks as if it wants to rise in value, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Natural Gas Technical Analysis For July 19, 2011

Posted: 18 Jul 2011 09:03 AM PDT

By CommoditiesMansion.com

 
The natural gas market found itself in a fairly whippy situation as the market both rose and fell during the trading session on Monday. The candle at the end of the day looks like a long-legged doji. The trade set up is easy to see: If we break the top of the session's highs on Monday, it's a buy. If we break lower than the Monday low, the market should pull back, perhaps to the $4.40 area as that is massive support.

Originally posted here

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Gold Technical Analysis For July 19, 2011

Posted: 18 Jul 2011 09:02 AM PDT

By CommoditiesMansion.com

 
The gold markets rose again on Monday as investors are buying the traditional safe haven assets like gold and the Swiss Franc. The market has broken out of the recent trading ranges, and appears to look like a market that wants to go to $1,625 based upon the recent rectangle that we have just exited. We buy on dips, and never sell gold.

Originally posted here

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