DailyMarkets.com - Forex Trading: USD/CAD Breaks To The Downside

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• Forex Trading: USD/CAD Breaks To The Downside
• Forex – EUR/GBP Close To 4-day High After BoE Minutes
• European Stocks Rise On U.S., EU Debt Hopes; DAX Up 0.4%
• Forex – Dollar Lower Against Rivals As Risk Aversion Eases
• Crude Oil Futures Gain On U.S. Debt Talks, Declining Supplies
• Forex – GBP/USD Down As BoE Minutes On Tap
• Forex – USD/JPY Nears 4-month Low Despite Japan Finmin Warning
• Gold Edges Higher Amid Uncertainty Ahead Of EU Summit
• Forex – NZD/USD Off Record High Amid Profit Taking
• Felix Zuluaf The Fall With Be Bearish
• Forex – AUD/USD Edges Higher On U.S. Debt Deal Hopes
• Asia Stocks Higher On U.S. Debt Talk Progress; Nikkei Up 1.2%
• Forex – EUR/USD Inches Higher As EU Summit Awaited
• Forex Trading: Euro Firmer Following A Comment From France’s Fin. Min. That The Eurozone Summit Will Send A Strong Message Tomorrow.
• German PPI Rises In Line With Expectations
• Bear Of The Day: US Cellular (USM)
• Growth & Income Stock: Worthington Industries, Inc.
• Bull Of The Day: Monsanto (MON)
• Momentum Stock: Baidu, Inc.
• Aggressive Growth Stock: Photronics, Inc
• Forex – EUR/USD Down During The Asian Session
• Forex – GBP/USD Down In Asian Trade
• Forex – EUR/CHF Up In Asian Trading Hours
• Forex – USD/CHF Up During Asian Trade
• Forex – EUR/GBP Down During The Asian Session
• The Second Recession For Teenagers From Raising The Minimum Wage, Especially Black Teenagers
• Forex – USD/JPY Down During Asian Trade
• Singapore Stock Market Update For Wednesday 20 July
• Forex – USD/CAD Up In Asian Trading Hours
• EUR/GBP’s Technical Setup Ahead Of The BoE Meeting Minutes
• California Mortgage Defaults Fall To 4-Year Low
• Forex – AUD/USD Down During Asian Trade
• Tax Foundation Map Of State And Local Tax Rates
• Forex – EUR/USD Up During The Asian Session
• Forex – EUR/JPY Up During Asian Trade
• Let Them Eat…iPads?
• The Coming Correction In Gold & Silver
• Forex – GBP/JPY Up During The Asian Session
• Recommendation Level Screen: Is It Worth Listening To Strong Buys From Brokers?
• Earning Estimates Screen: Is It Worth Listening To Broker Recommendation Levels?
• USD/JPY Technical Analysis For July 20, 2011
• USD/CHF Technical Analysis For July 20, 2011
• USD/CAD Technical Analysis For July 20, 2011
• NZD/USD Technical Analysis For July 20, 2011
• GBP/USD Technical Analysis For July 20, 2011
• GBP/JPY Technical Analysis For July 20, 2011
• GBP/CHF Technical Analysis For July 20, 2011
• EUR/USD Technical Analysis For July 20, 2011
• EUR/JPY Technical Analysis For July 20, 2011
• EUR/GBP Technical Analysis For July 20, 2011
• EUR/CHF Technical Analysis For July 20, 2011
• AUD/USD Technical Analysis For July 20, 2011
• AUD/NZD Technical Analysis For July 20, 2011
• Oil Technical Analysis For July 20, 2011
• Natural Gas Technical Analysis For July 20, 2011
• Gold Technical Analysis For July 20, 2011

Forex Trading: USD/CAD Breaks To The Downside Posted: 20 Jul 2011 03:03 AM PDT The pair had been recieving support from the .94810 level since yesterday, but has made a break lower in recent trading. From a daily perspective it appears that the next target lower is … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/GBP Close To 4-day High After BoE Minutes Posted: 20 Jul 2011 02:51 AM PDT Forexpros – The euro was trading close to a four-day high against the pound on Wednesday, after the minutes of the Bank of England&rsquo;s July policy meeting reinforced expectations that the bank will keep rates on hold in the near term.<br /><br />EUR/GBP hit 0.8830 during European morning trade, the pair&rsquo;s highest since July 14; the pair subsequently consolidated at 0.8793, gaining 0.15%.<br /><br />The pair was likely to find support at 0.8755, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

European Stocks Rise On U.S., EU Debt Hopes; DAX Up 0.4% Posted: 20 Jul 2011 02:18 AM PDT Forexpros – European stock markets were broadly higher on Wednesday, amid signs U.S. lawmakers were making progress on reaching an agreement to lift the country&rsquo;s debt ceiling, while strong earnings from Apple lifted shares in the technology sector. <br /><br />During European morning trade, the EURO STOXX 50 jumped 0.65%, France&rsquo;s CAC 40 rose 0.7%, while Germany&rsquo;s DAX 30 gained 0.4%. <br /><br />U.S. President Barack Obama said Tuesday … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Dollar Lower Against Rivals As Risk Aversion Eases Posted: 20 Jul 2011 01:49 AM PDT Forexpros – The U.S. dollar down against most of its major counterparts on Wednesday, as risk aversion eased amid hopes that European leaders will reach a deal to resolve Greece&rsquo;s debt problems later in the week.<br /><br />During European morning trade, the greenback was weaker against the euro, with EUR/USD climbing 0.23% to hit 1.4190.<br /><br />On Thursday, euro zone leaders were to hold an emergency summit meeting, aimed at addressing the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Crude Oil Futures Gain On U.S. Debt Talks, Declining Supplies Posted: 20 Jul 2011 01:18 AM PDT Forexpros – Crude oil futures were up for a second day on Wednesday, hovering close to a one-week high amid signs of progress on lifting the U.S. debt ceiling and as concerns over a slowdown in U.S. demand eased.<br /><br />On the New York Mercantile Exchange, light, sweet crude futures for delivery in September traded at USD98.81 a barrel during European morning trade, gaining 0.8%.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Down As BoE Minutes On Tap Posted: 20 Jul 2011 12:56 AM PDT Forexpros – The pound was down against the U.S. dollar on Wednesday, falling to a daily low ahead of the release of the minutes of the Bank of England&rsquo;s July policy setting meeting.<br /><br />GBP/USD hit 1.6070 during early European trade, the daily low; the pair subsequently consolidated at 1.6068, shedding 0.33%.<br /><br />Cable was likely to find support at 1.5904, the low of July 13 and resistance at 1.6177, Tuesday&rsquo;s high.<br /><br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Nears 4-month Low Despite Japan Finmin Warning Posted: 20 Jul 2011 12:41 AM PDT Forexpros – The U.S. dollar was trading close to a four-month low against the yen on Wednesday, as concerns over sovereign debt levels in the euro zone and the U.S. bolstered safe haven demand.<br /><br />USD/JPY hit 78.85 during late Asian trade, the daily low; the pair subsequently consolidated at 78.93, shedding 0.29%.<br /><br />The pair was likely to find short-term support at 78.45, the low of July 14 and a four-month low and resistance at 79.60, the high of the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gold Edges Higher Amid Uncertainty Ahead Of EU Summit Posted: 20 Jul 2011 12:33 AM PDT Forexpros – Gold futures edged higher on Wednesday, recouping some of the previous session&rsquo;s losses as a weaker U.S. dollar and uncertainty ahead of a summit meeting of European Union leaders on Thursday underlined the appeal of the metal. <br /><br />On the Comex division of the New York Mercantile Exchange, gold futures for August delivery traded at USD1,591.75 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 Off Record High Amid Profit Taking Posted: 20 Jul 2011 12:21 AM PDT Forexpros – The New Zealand dollar pulled back from an all-time high against its U.S. counterpart on Wednesday, after its record rally on the back of rate hike expectations prompted some investors to sell the currency to lock in profits.<br /><br />NZD/USD pulled back from 0.8571, the pair&rsquo;s highest since exchange rate controls ended in March 1985, to hit 0.8547 during late Asian trade, slipping 0.09%.<br /><br />The pair was likely to find support at 0.8429, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Felix Zuluaf The Fall With Be Bearish Posted: 20 Jul 2011 12:20 AM PDT Felix Zuluaf interview with KingWorldNews on the 17th of July was very interesting. Suggesting that the current happy time for stocks does not have legs. Source: Kingworldnews.com, Link: bit.ly/oDhqR4 Highlights sourced here from beforeitsnews.com Interview Highlights… Negative real interest rates in nearly all the major currencies underpinning strength in Gold (large fund flows). More and more large investors are willing to take Gold up in their portfolios due to the rising mis-trust in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Edges Higher On U.S. Debt Deal Hopes Posted: 20 Jul 2011 12:04 AM PDT Forexpros – The Australian dollar edged higher against its U.S. counterpart on Wednesday, as market sentiment received a lift after President Barack Obama supported a bi-partisan plan to avoid a U.S. debt default.<br /><br />AUD/USD hit 1.0750 during late Asian trade, the pair&rsquo;s highest since July 14; the pair subsequently consolidated at 1.0737, inching up 0.03%. <br /><br />The pair was likely to find support at 1.0598, Tuesday&rsquo;s low and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Asia Stocks Higher On U.S. Debt Talk Progress; Nikkei Up 1.2% Posted: 19 Jul 2011 11:52 PM PDT Forexpros – Asian stock markets were broadly higher on Wednesday, amid signs U.S. lawmakers were making progress on reaching an agreement to lift the country&rsquo;s debt ceiling, while strong earnings from Apple boosted Japanese exporters. <br /><br />During late Asian trade, Hong Kong’s Hang Seng Index rose 0.5%, Australia&rsquo;s ASX/200 Index rallied 1.8%, while Japan&rsquo;s Nikkei 225 Index jumped 1.2%. <br /><br />U.S. President Barack Obama said … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Inches Higher As EU Summit Awaited Posted: 19 Jul 2011 11:36 PM PDT Forexpros – The euro inched higher against the U.S. dollar on Wednesday, but gains were limited amid an air of caution ahead of a summit meeting of European Union leaders on Thursday, to discuss a new aid deal for Greece.<br /><br />EUR/USD hit 1.4184 during late Asian trade, the daily high; the pair subsequently consolidated at 1.4183, gaining 0.19%.<br /><br />The pair was likely to find support at 1.4013, Monday&rsquo;s low and resistance at 1.4281, the high of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: Euro Firmer Following A Comment From France’s Fin. Min. That The Eurozone Summit Will Send A Strong Message Tomorrow. Posted: 19 Jul 2011 11:29 PM PDT Adds that the EUR is a strong currency and he is sure that an accord will be reached on the Eurozone debt … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

German PPI Rises In Line With Expectations Posted: 19 Jul 2011 11:16 PM PDT Forexpros – German producer price inflation rose broadly in line with market expectations in June, official data showed on Wednesday. <br /><br />In a report, Destatis, Germany’s statistics office said that its producer price index rose by a widely expected 0.1% in June, after posting a flat reading in May.&nbsp; <br /><br />Year-over-year, German producer price index rose at an annualized rate of 5.6% in June, after advancing at a rate of 6.1% in May. Analysts … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bear Of The Day: US Cellular (USM) Posted: 19 Jul 2011 11:05 PM PDT We are downgrading our recommendation on US Cellular (NYSE:USM) to Underperform as the company faces many challenges. Most of the regional markets are extremely competitive and this has become more evident following the consolidations among several large carriers. The integration of Dobson Cellular/Cingular/AT&T Wireless, Sprint/Nextel merger, consolidation of Verizon Wireless/Alltel in January 2009 and AT&T s acquisition of Centennial Communications have resulted in Tier-1 carrier … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Growth & Income Stock: Worthington Industries, Inc. Posted: 19 Jul 2011 11:05 PM PDT Worthington Industries, Inc. (NYSE:WOR) recently reported strong fourth quarter results for its fiscal fourth quarter. Operating income was driven significantly higher by solid revenue growth and expanding margins as the company was able to pass along rising input costs. Earnings estimates soared off the quarter, sending the stock to a Zacks #1 Rank (Strong Buy). The valuation picture looks attractive with shares trading at less than 12x forward earnings, well below the industry average of 16x. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bull Of The Day: Monsanto (MON) Posted: 19 Jul 2011 11:05 PM PDT We recently upgraded our recommendation on Monsanto (NYSE:MON) from Neutral to Outperform based on the company’s growth strategy and competitive pricing policy. The company posted encouraging results for the third quarter with an EPS of $1.26, beating the Zacks Consensus Estimate of $1.11. Monsanto’s continued product development, consolidation of business segments, cost optimization and yield increase tactics are expected to fetch higher revenue and market leadership going forward. The company’s … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Momentum Stock: Baidu, Inc. Posted: 19 Jul 2011 11:05 PM PDT Baidu, Inc. (NASDAQ:BIDU) has been surging for the last month, jumping back to within striking distance of the 52-week high after rebounding from a key trend line. With four consecutive earnings surprise and a bullish growth projection, this Zacks #1 Rank stock has ended your search for momentum. Company Description Baidu, Inc. operates an Internet search engine out of Chine. The company was founded in 2000 and has a market cap of $53 billion. Baidu’s recent upward momentum comes on the heels of the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Aggressive Growth Stock: Photronics, Inc Posted: 19 Jul 2011 11:05 PM PDT Photronics (NASDAQ:PLAB) had record-setting results in its last quarterly report. Earnings are expected to more than double this year and estimates are still rising. This Zacks #1 Rank (Strong Buy) is also showing some value and could be trading at an excellent entry point. Company Description Photronics is a global photomask maker, which are highly precise quartz plates used for electronic circuits. The products are used in making semiconductors and flat panel displays. Record Quarter On May 16 the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Down During The Asian Session Posted: 19 Jul 2011 10:55 PM PDT Forexpros – The Euro was lower against the U.S. Dollar on Wednesday.<br/><br/> EUR/USD was trading at 1.4142, down 0.10% at time of writing.<br/><br/> The pair was likely to find support at 1.4015, Monday&rsquo;s low, and resistance at 1.4217, Tuesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.01% to hit 0.8779 and EUR/JPY falling 0.25% 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: 19 Jul 2011 10:25 PM PDT Forexpros – The British Pound was lower against the U.S. Dollar on Wednesday.<br/><br/> GBP/USD was trading at 1.6114, down 0.06% at time of writing.<br/><br/> The pair was likely to find support at 1.6006, Monday&rsquo;s low, and resistance at 1.6178, Tuesday&rsquo;s high.<br/><br/> Meanwhile, the British Pound was up against the Euro and down against the Japanese Yen, with EUR/GBP shedding 0.06% to hit 0.8775 and GBP/JPY falling 0.16% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/CHF Up In Asian Trading Hours Posted: 19 Jul 2011 09:55 PM PDT Forexpros – The Euro was higher against the Swiss Franc on Wednesday.<br/><br/> EUR/CHF was trading at 1.1665, up 0.01% at time of writing.<br/><br/> The pair was likely to find support at 1.1406, Monday&rsquo;s low, and resistance at 1.1693, today&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the U.S. Dollar and the Japanese Yen, with EUR/USD shedding 0.01% to hit 1.4155 and EUR/JPY falling 0.03% 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: 19 Jul 2011 09:25 PM PDT Forexpros – The U.S. Dollar was higher against the Swiss Franc on Wednesday.<br/><br/> USD/CHF was trading at 0.8242, up 0.01% at time of writing.<br/><br/> The pair was likely to find support at 0.8091, Monday&rsquo;s low, and resistance at 0.8278, Tuesday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the Japanese Yen, with EUR/USD gaining 0.01% to hit 1.4158 and USD/JPY falling 0.001% 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: 19 Jul 2011 09:00 PM PDT Forexpros – The Euro was lower against the British Pound on Wednesday.<br/><br/> EUR/GBP was trading at 0.8778, down 0.02% at time of writing.<br/><br/> The pair was likely to find support at 0.8706, Monday&rsquo;s low, and resistance at 0.8809, Tuesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the U.S. Dollar and the Japanese Yen, with EUR/USD shedding 0.01% to hit 1.4154 and EUR/JPY falling 0.04% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

The Second Recession For Teenagers From Raising The Minimum Wage, Especially Black Teenagers Posted: 19 Jul 2011 08:58 PM PDT From an editorial in today’s Investor’s Business Daily  by economists Raymond Glos and E.M. Stephens: “Each 10% increase in the minimum wage [since 2007] was accompanied by a decrease in employment of 1.2% for Hispanic males, 2.5% for white males and 6.5% for black males. When looking at hours worked, we saw a similar effect: Each 10% increase in the minimum wage reduced hours worked by 1.7% for Hispanic males, 3% for white males and 6.6% for black males. The data clearly show a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Down During Asian Trade Posted: 19 Jul 2011 08:35 PM PDT Forexpros – The U.S. Dollar was lower against the Japanese Yen on Wednesday.<br/><br/> USD/JPY was trading at 79.13, down 0.05% at time of writing.<br/><br/> The pair was likely to find support at 78.82, Tuesday&rsquo;s low, and resistance at 79.32, today&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.03% to hit 1.4160 and GBP/USD rising 0.02% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Singapore Stock Market Update For Wednesday 20 July Posted: 19 Jul 2011 08:18 PM PDT Asia markets up after good finish from yesterday overnight Dow. US market was up 202 points, good earnings from company as well as signs of US debt progress. President Obama says a new plan in Congress could pave the way for bipartisan agreement. Stocks trading in Asia rise sharply, with technology stocks advancing after some strong US earnings. We can expect Singapore market to trade above 3100 in coming days. We reiterate that market shall stay positive. Earning Announcement Dates … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CAD Up In Asian Trading Hours Posted: 19 Jul 2011 08:10 PM PDT Forexpros – The U.S. Dollar was higher against the Canadian Dollar on Wednesday.<br/><br/> USD/CAD was trading at 0.9505, up 0.06% at time of writing.<br/><br/> The pair was likely to find support at 0.9483, Tuesday&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 0.02% to hit 1.4159 and GBP/USD rising 0.02% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/GBP’s Technical Setup Ahead Of The BoE Meeting Minutes Posted: 19 Jul 2011 07:58 PM PDT Prev: EUR/GBP Completing a Declining Wedge; Correction Rally Ahead? (7/18) EUR/GBP Weak Breakout So Far: - There was indeed a correction rally to follow a completed declining wedge. - This initial breakout was weak in that it failed to establish bullish momentum (RSI failed to break above 70).  Despite the weak bullish attempt, the structure was a 5-wave rally before consolidating this first half of the week. Short-term Head and Shoulder Forming: - Current, the consolidation is … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

California Mortgage Defaults Fall To 4-Year Low Posted: 19 Jul 2011 07:57 PM PDT Following some relatively positive news about June home sales in California comes this additional positive news about the California real estate market: DQ News — “The number of California homes that went into foreclosure fell to a four-year low last quarter, the result of a more stable housing market as well as policy changes in the mortgage servicing industry.  A total of 56,633 Notices of Default (NoDs) were recorded at county recorders offices during the April-to-June period. That … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Down During Asian Trade Posted: 19 Jul 2011 07:30 PM PDT Forexpros – The Australian Dollar was lower against the U.S. Dollar on Wednesday.<br/><br/> AUD/USD was trading at 1.0725, down 0.08% at time of writing.<br/><br/> The pair was likely to find support at 1.0561, Monday&rsquo;s low, and resistance at 1.0750, today&rsquo;s high.<br/><br/> Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.10% to hit 1.3203 and AUD/JPY falling 0.10% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Tax Foundation Map Of State And Local Tax Rates Posted: 19 Jul 2011 07:29 PM PDT From the Tax Foundation, the map above shows state and local tax rates by state, ranging from a low of 0% in Montana and Oregon, to a high of 9.44% in Tennessee, followed next by California with 9.08% and Arizona at 9.01%. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up During The Asian Session Posted: 19 Jul 2011 07:05 PM PDT Forexpros – The Euro was higher against the U.S. Dollar on Wednesday.<br/><br/> EUR/USD was trading at 1.4161, up 0.04% at time of writing.<br/><br/> The pair was likely to find support at 1.4015, Monday&rsquo;s low, and resistance at 1.4217, Tuesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.05% to hit 0.8784 and EUR/JPY rising 0.04% 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: 19 Jul 2011 06:35 PM PDT Forexpros – The Euro was higher against the Japanese Yen on Wednesday.<br/><br/> EUR/JPY was trading at 112.23, up 0.14% at time of writing.<br/><br/> The pair was likely to find support at 110.66, Monday&rsquo;s low, and resistance at 112.35, Friday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and the British Pound, with EUR/USD gaining 0.08% to hit 1.4167 and EUR/GBP rising 0.09% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Let Them Eat…iPads? Posted: 19 Jul 2011 05:56 PM PDT Well, they may be buying iPods, iPhones, and IPads, but if the following reports are any guide, it looks like Americans don’t have much money left for anything else, including school supplies – “Back to School? Summer Season for Shopping Is Early This Year” (New York Times) THIS year, for the back-to-school shopping season, it is, as a sage once said, getting late early out there. Many retailers and advertisers are moving up the start of their sales and marketing campaigns devoted to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

The Coming Correction In Gold & Silver Posted: 19 Jul 2011 05:56 PM PDT "It's going to be a season with lots of accidents, and I'll risk saying that we'll be lucky if something really serious doesn't happen." ~ Ayrton Senna – Brazilian Race Car Driver ~ "Often you need to take some risk, but it must be a realistic risk, you can't take a crazy risk." ~ Sergei Bubka – World Pole Vault Record Holder ~ Currently risk assets are in a constant crossfire stemming from multiple forms of headline risk. The price action as of late has been choppy as the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/JPY Up During The Asian Session Posted: 19 Jul 2011 05:45 PM PDT Forexpros – The British Pound was higher against the Japanese Yen on Wednesday.<br/><br/> GBP/JPY was trading at 127.71, up 0.04% at time of writing.<br/><br/> The pair was likely to find support at 126.67, Monday&rsquo;s low, and resistance at 128.04, Friday&rsquo;s high.<br/><br/> Meanwhile, the British Pound was down against the U.S. Dollar and the Euro, with GBP/USD shedding 0.09% to hit 1.6110 and EUR/GBP rising 0.02% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Recommendation Level Screen: Is It Worth Listening To Strong Buys From Brokers? Posted: 19 Jul 2011 11:29 AM PDT In Brief  A recommendation level screen would focus on buying the most recommended stocks in the market based on the broker consensus. This is to be contrasted with a screen that focuses on those stocks most recently upgraded – a 'recommendation revision' screen. Overall, it appears that the absolute level of published stock recommendations has little (or even detrimental) value to investors, but monitoring the changes in investment recommendations can prove more … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earning Estimates Screen: Is It Worth Listening To Broker Recommendation Levels? Posted: 19 Jul 2011 11:29 AM PDT In Brief  A recommendation level screen would focus on buying the most recommended stocks in the market based on the broker consensus. This is to be contrasted with a screen that focuses on those stocks most recently upgraded – a 'recommendation revision' screen. Overall, it appears that the absolute level of published stock recommendations has little (or even detrimental) value to investors, but monitoring the changes in investment recommendations can prove more … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/JPY Technical Analysis For July 20, 2011 Posted: 19 Jul 2011 08:56 AM PDT By ForexMansion.com   The USD/JPY had another quiet trading session on Tuesday as traders are largely abandoning this pair. The threat of the central banks intervening certainly makes this a dangerous pair to short, but at the same time – nobody seem to want to go long at this point in time. Therefore, it is an almost impossible pair to trade currently. 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

USD/CHF Technical Analysis For July 20, 2011 Posted: 19 Jul 2011 08:56 AM PDT By ForexMansion.com   The USD/CHF saw a massive relief rally on Tuesday as traders suddenly felt that all was right in the world. Of course, this will more than likely change in a few hours, as the markets are very reckless at the moment. When that does – there should be a continuation of the overall trend, which of course has been down for years. We like selling rallies, and we like the 0.83 level as a place in which to sell. Originally posted here The definitive site about … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/CAD Technical Analysis For July 20, 2011 Posted: 19 Jul 2011 08:55 AM PDT By ForexMansion.com   USD/CAD fell again on Tuesday, making a push towards the 0.9450 support area. The level is significant as it is the last bit of resistance between current levels and the all-time lows. A bounce here isn't out of the question, and would be expected by many. Because of this, we are looking for rallies to sell. A close below the support level has us going all the way down to the 0.90 handle for it is all said and done. Originally posted here Explore … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

NZD/USD Technical Analysis For July 20, 2011 Posted: 19 Jul 2011 08:54 AM PDT By ForexMansion.com   The NZD/USD pair shot straight up on Tuesday as traders bought into everything risk-related around the world. The Kiwi has been on a tear lately, and shorting this pair has only brought massive pain to traders. The pair looks like it is ready to be in the 0.85 and above range for a while, and now that the 0.85 psychological level has been cleared – one can only think that 0.90 might be in the future as well. Originally posted here The latest info on day … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GBP/USD Technical Analysis For July 20, 2011 Posted: 19 Jul 2011 08:53 AM PDT By ForexMansion.com   The GBP/USD pair rose on Tuesday, but looked oddly weak in the later part of the session. In fact, at the time of this writing, it appears that the pair is only going to be slightly changed at the end of the day – quite a statement after rising so quickly earlier. Because of this, we are still bearish of this pair, but need to see a close below the 1.59 level on the daily chart to sell. Originally posted here Read about forex brokers and the best forex broker … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GBP/JPY Technical Analysis For July 20, 2011 Posted: 19 Jul 2011 08:52 AM PDT By ForexMansion.com   Of the three Yen-related pairs that we follow, the GBP/JPY pair looks the most promising after the Tuesday trading session. The pair looks like it is trying to form a base, and go upwards from there. However, the 130 should prove to be very tough to break through, and would be an excellent place in which to short weakness in this market. We won't buy until we close above that area. Originally posted here Further information about forex trading and forex news … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GBP/CHF Technical Analysis For July 20, 2011 Posted: 19 Jul 2011 08:51 AM PDT By ForexMansion.com   The GBP/CHF pair skyrocketed on Tuesday as traders bought into risk. The pair has even gotten back to the previous low, a natural area to expect some kind of sell signal. At the time of this writing, we haven't seen it yet. Because of this, we are waiting to see sell signals in this pair to short it. We would never buy it as the trend is too strong to the downside. 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

EUR/USD Technical Analysis For July 20, 2011 Posted: 19 Jul 2011 08:50 AM PDT By ForexMansion.com   EUR/USD had a very volatile day Tuesday, forming a massive doji as it was reported that the American government may be close to reaching a debt limit deal. The Euro itself has been mixed around the world on the day, and this pair probably reflects the USD news rather than anything Euro-related. We like selling, but need to see new lows at this point. Originally posted here Explore ForexMansion.com to find out about forex brokers who is the best forex broker in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/JPY Technical Analysis For July 20, 2011 Posted: 19 Jul 2011 08:50 AM PDT By ForexMansion.com   The EUR/JPY pair barely moved on Tuesday, and the pair looks very benign at the moment. The trading ranges are very tight, and the pair hasn't moved much lately. We are waiting to see if the 113.50 area gets tested as resistance, and if it does – we are waiting to sell signs of weakness. Originally posted here The latest info on day trading and particularly forex day trading is found at DayTrading.org. 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/GBP Technical Analysis For July 20, 2011 Posted: 19 Jul 2011 08:49 AM PDT By ForexMansion.com   EUR/GBP fell on Tuesday, but still remains in the 0.88 level's area. Because of this, the pair still looks stuck, and is going to be difficult to trade as the market simply seems to be confused at best. The overall trend seems to be up – but with all the noise coming out of Europe, this pair will be jumping at times. We are avoiding it at the moment. Originally posted here Read about forex brokers and the best forex broker at ForexBrokers.co.uk. About … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/CHF Technical Analysis For July 20, 2011 Posted: 19 Jul 2011 08:48 AM PDT By ForexMansion.com   The EUR/CHF pair shot straight up on Tuesday as traders bought risk in droves around the world. The fact is that the pair is oversold, so this should have been seen ahead of time. The trend is down, and massively so – and because of this, we didn't buy, nor shall we. The 1.18 above should provide a massive shorting opportunity, assuming we make it to that level. We like selling rallies in this pair, and will continue to do so. Originally posted here Further … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AUD/USD Technical Analysis For July 20, 2011 Posted: 19 Jul 2011 08:47 AM PDT By ForexMansion.com   AUD/USD rose on Tuesday as the markets embraced risk overall. The sentiment is changing every 15 minutes it seems these days, and this pair is a perfect illustration of that fact. It appears that we need to clear 1.08 in order to continue toward the all0time highs again, and until we break that level – we are sitting tight, or perhaps buying dips as they come. 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/NZD Technical Analysis For July 20, 2011 Posted: 19 Jul 2011 08:46 AM PDT By ForexMansion.com   AUD/NZD fell hard on Tuesday, but managed a bounce towards the end of the day as traders came into the market to support it. The truth is that the 1.25 level has been defended, and we might see a bounce from here. This will only be a chance to sell this pair again unless we find ourselves back above the 1.32 at some point. Until that area is broken to the upside, we like selling rallies. Originally posted here Explore ForexMansion.com to find out about forex … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Oil Technical Analysis For July 20, 2011 Posted: 19 Jul 2011 08:37 AM PDT By CommoditiesMansion.com   Light Sweet Crude The CL contract rose on Tuesday, showing the recent consolidation range is still intact. The $100 and $95 levels are currently squeezing price into a shallow area, and when we break that area – we should see a large move in this market. Until then, we like buying dips as the market is bullish overall. Brent Brent had a slightly quieter day on Tuesday than its cousin. The market seems to want to break out and above the $120 mark as every … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Natural Gas Technical Analysis For July 20, 2011 Posted: 19 Jul 2011 08:36 AM PDT By CommoditiesMansion.com   The natural gas markets had a very quiet day on Tuesday, as the markets have taken a break for the second day in a row. This makes sense as the last surge upward had so much power behind it. At these levels, we are simply too far from either major support or resistance to get involved. We are waiting to see the market react at $4.20 or $4.80 to take a position. Originally posted here Further information about crude oil price and crude oil news can be found … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gold Technical Analysis For July 20, 2011 Posted: 19 Jul 2011 08:35 AM PDT By CommoditiesMansion.com   The gold markets fell on Tuesday as the word got out that the Americans may be getting close to a government debt ceiling deal. The truth is that most people knew this was coming, so one has to expect that this fall will lead to a nice buying opportunity. The market remains very bullish, and we are very interested in buying on signs of support. Perhaps a couple of days from now, we will see that sign. The next major support area is $1,550. Originally posted … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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