DailyMarkets.com - German Industrial Production Rises More-than-expected

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• German Industrial Production Rises More-than-expected
• Forex Trading: USD Firmer In Recent Trade
• Forex – USD/CHF Higher As ECB Rate Decision In Spotlight
• European Stocks Broadly Higher Ahead Of ECB; DAX Up 0.5%
• Forex – Dollar Posts Modest Gains Ahead Of ECB Meeting
• U.K. Manufacturing Production Rises More-than-expected
• Crude Hovers Near 3-week High As U.S. Demand Concerns Ease
• Forex – GBP/USD Erases Losses Ahead Of BoE Rate Decision
• Gold Futures Ease Up To 2-week High Ahead Of ECB
• Forex – USD/JPY Inches Higher Ahead Of ECB Rate Decision
• Forex- NZD/USD Steady After Tsunami Warning Cancelled
• Swiss CPI Declines In Line With Expectations In June
• Forex – AUD/USD Rises To 3-day High After Strong Jobs Report
• Asia Stocks Mixed As Chinese Banks Gain; Nikkei Sheds 0.1%
• Forex – EUR/USD Eases Up As ECB Interest Rate Decision Eyed
• Japanese Core Machinery Orders Rise In Line With Expectations
• Aggressive Growth Stock: Neenah Paper, Inc.
• Momentum Stock: Robbins & Myers, Inc.
• Bull Of The Day: Raven Industries (RAVN)
• Growth & Income Stock: Textainer Group Holdings Ltd.
• Bear Of The Day: Tellabs, Inc. (TLAB)
• Forex – EUR/USD Down During The Asian Session
• Forex – GBP/USD Down In Asian Trade
• Forex – EUR/CHF Down In Asian Trading Hours
• Forex – USD/CHF Up During Asian Trade
• Forex – EUR/GBP Up During The Asian Session
• Forex – USD/JPY Down During Asian Trade
• Forex – USD/CAD Down In Asian Trading Hours
• Sold ZSL At $17.48
• Forex – AUD/USD Up On Economic Data
• Thieves Expand Their Horizons
• Australian Employment Change Rises More-than-expected
• Australian Unemployment Rate Remains Unchanged
• Forex – EUR/JPY Up During Asian Trade
• AUD/NZD Daily Fundamental Analysis For July 08, 2011
• USD/JPY Daily Fundamental Analysis For July 08, 2011
• NZD/USD Daily Fundamental Analysis For July 08, 2011
• AUD/USD Daily Fundamental Analysis For July 08, 2011
• USD/JPY Technical Analysis For July 7, 2011
• USD/CHF Technical Analysis For July 7, 2011
• USD/CAD Technical Analysis For July 7, 2011
• NZD/USD Technical Analysis For July 7, 2011
• GBP/USD Technical Analysis For July 7, 2011
• GBP/JPY Technical Analysis For July 7, 2011
• GBP/CHF Technical Analysis For July 7, 2011
• EUR/USD Technical Analysis For July 7, 2011
• EUR/JPY Technical Analysis For July 7, 2011
• EUR/GBP Technical Analysis For July 7, 2011
• EUR/CHF Technical Analysis For July 7, 2011
• AUD/USD Technical Analysis For July 7, 2011
• AUD/NZD Technical Analysis For July 7, 2011
• Oil Technical Analysis For July 7, 2011
• Natural Gas Technical Analysis For July 7, 2011
• Gold Technical Analysis For July 7, 2011

German Industrial Production Rises More-than-expected Posted: 07 Jul 2011 03:05 AM PDT Forex Pros – pros &ndash; Industrial production in Germany rose more-than-expected in May, official data showed on Thursday.<br /><br />In a report, Destatis, Germany&rsquo;s federal statistical office said industrial production rose by a seasonally adjusted 1.2% in May, above expectations for a 0.7% gain. <br /><br />The previous month&rsquo;s figure was revised to a decline of 0.8% from a 0.6% drop.<br /><br />Year-on-year, German industrial … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: USD Firmer In Recent Trade Posted: 07 Jul 2011 02:56 AM PDT The USD has gained some strength in the last hour, more specifically against the JPY and CHF; USD/JPY currently trades on session highs of 81.00 and USD/CHF also trading on session highs of .8423. Seen below on the hourly chart, the USD vs. CHF has made its largest advance of the session gaining nearly4o pips with the next upward target being .84291; the next target being .84291 (the 38.2% line on the move from June 28th lows to July 1st highs) and further we have the 100 hour moving … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CHF Higher As ECB Rate Decision In Spotlight Posted: 07 Jul 2011 02:42 AM PDT Forex Pros – pros &ndash; The U.S. dollar edged higher against the Swiss franc on Thursday, as concerns over the euro zone&rsquo;s debt crisis and the chance that the European Central Bank would not point towards future rate hikes at its post-policy meeting later in the day weighed on risk appetite.<br /><br />USD/CHF hit 0.8419 during European morning trade, the daily high; the pair subsequently consolidated at 0.8417, gaining 0.29%.<br /><br />The pair was … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

European Stocks Broadly Higher Ahead Of ECB; DAX Up 0.5% Posted: 07 Jul 2011 02:15 AM PDT Forex Pros – pros &ndash; European stock markets were broadly higher on Thursday, ahead of a widely expected interest rate hike by the European Central Bank later in the day, while U.S. futures indexes pointed to a higher open on Wall Street. <br /><br />During European morning trade, the EURO STOXX 50 advanced 0.55%, France&rsquo;s CAC 40 rose 0.6%, while Germany&rsquo;s DAX 30 gained 0.5%.<br /><br />The ECB was expected to raise its benchmark interest … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Dollar Posts Modest Gains Ahead Of ECB Meeting Posted: 07 Jul 2011 01:37 AM PDT Forex Pros – The U.S. dollar posted modest gains against most of its major counterparts on Thursday, as markets remained cautious ahead of a widely expected rate hike by the European Central Bank later in the day.<br /><br />During European morning trade, the greenback was higher against the euro, with EUR/USD slipping 0.11% to hit 1.4303.<br /><br />The ECB was expected to hike its key lending rate to 1.5% from 1.25% at its policy setting meeting later Thursday, after … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.K. Manufacturing Production Rises More-than-expected Posted: 07 Jul 2011 01:37 AM PDT Forex Pros – pros &ndash; Manufacturing production in the U.K. rose more-than-expected in May, official data showed on Thursday.<br /><br />In a report, the U.K. Office for National Statistics said that manufacturing production rose by 1.8% in May, exceeding expectations for a 1.0% gain.<br /><br />The previous month&rsquo;s figure was revised to a 1.6% drop from 1.5%.&nbsp; <br /><br />Year-on-year, manufacturing production rose at an … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Crude Hovers Near 3-week High As U.S. Demand Concerns Ease Posted: 07 Jul 2011 01:26 AM PDT Forex Pros – pros &ndash; Crude oil futures edged higher on Thursday, hovering near a three-week high as concerns over a slowdown in U.S. demand eased after industry data showed a larger-than-expected declines in U.S. crude inventories. <br /><br />On the New York Mercantile Exchange, light, sweet crude futures for delivery in August traded at USD97.42 a barrel during European morning trade, jumping 0.8%.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Erases Losses Ahead Of BoE Rate Decision Posted: 07 Jul 2011 01:06 AM PDT Forex Pros – pros &ndash; The pound erased losses against the U.S. dollar on Thursday, pulling away from a seven-day low as the Bank of England looked set to leave rates unchanged at its policy setting meeting later in the day.<br /><br />GBP/USD pulled back from 1.5943, the pair&rsquo;s lowest since June 28 to hit 1.6011 during early European trade, inching up 0.05%.<br /><br />Cable was likely to find support at 1.5910, the low of June 28 and a five-month low … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gold Futures Ease Up To 2-week High Ahead Of ECB Posted: 07 Jul 2011 12:54 AM PDT Forex Pros – pros &ndash; Gold futures edged higher to hit a two-week high on Thursday, ahead of a widely expected interest rate hike by the European Central Bank later in the day, while concerns over inflation and the euro zone&rsquo;s ongoing debt woes supported prices.<br /><br />On the Comex division of the New York Mercantile Exchange, gold futures for August delivery traded at USD1,531.25 a troy ounce during late Asian trade, easing up … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Inches Higher Ahead Of ECB Rate Decision Posted: 07 Jul 2011 12:40 AM PDT Forex Pros – pros &ndash; The U.S. dollar edged higher against the yen on Thursday, as concerns over the euro zone’s sovereign debt crisis weighed on risk appetite ahead of an expected rate hike by the European Central Bank later in the day.<br /><br />USD/JPY hit 81.01 during late Asian trade, the daily high; the pair subsequently consolidated at 80.94, inching up 0.04%.<br /><br />The pair was likely to find short-term support at 80.49, the low of July 1 and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex- NZD/USD Steady After Tsunami Warning Cancelled Posted: 07 Jul 2011 12:22 AM PDT Forex Pros – pros &ndash; The New Zealand dollar was steady against its U.S. counterpart on Thursday, after a 7.8 earthquake struck the Pacific Ocean north east of the country, causing a tsunami warning, which was later cancelled.&nbsp; <br /><br />NZD/USD hit 0.8292 during lat Asian trade, the daily high; the pair subsequently consolidated at 0.8266, dipping 0.03%.<br /><br />The pair was likely to find short-term support at 0.8230, the low of July 5 and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Swiss CPI Declines In Line With Expectations In June Posted: 07 Jul 2011 12:19 AM PDT Forex Pros – pros &ndash; Consumer price inflation in Switzerland eased broadly in line with market expectations n June, official data showed on Thursday.<br /><br />In a report, the Swiss Federal Statistics Office said consumer price inflation declined by 0.2% in June, after posting a flat reading in May.&nbsp; <br /><br />Year-over-year, Swiss consumer prices rose at an annualized 0.6% in June, after increasing at a rate of 0.4% in May. <br /><br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Rises To 3-day High After Strong Jobs Report Posted: 07 Jul 2011 12:04 AM PDT Forex Pros – pros &ndash; The Australian dollar rose to a three-day high against its U.S. counterpart on Thursday, after official data showed that Australian employers added more jobs in June than analysts forecast.<br /><br />AUD/USD hit 1.0761 during late Asian trade, the pair&rsquo;s highest since July 4; the pair subsequently consolidated at 1.0742, gaining 0.39%.<br /><br />The pair was likely to find support at 1.0653, Wednesday&rsquo;s low and a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Asia Stocks Mixed As Chinese Banks Gain; Nikkei Sheds 0.1% Posted: 06 Jul 2011 11:44 PM PDT Forex Pros – pros &ndash; Asian stock markets were mixed on Thursday, as shares in Chinese lenders advanced following a surprise rate hike by the nation&rsquo;s central bank, while shares in Japanese power providers weighed on the Nikkei.<br /><br />During late Asian trade, Hong Kong’s Hang Seng Index advanced 0.55%, South Korea&rsquo;s Kospi Composite rose 0.43%, while Japan&rsquo;s Nikkei 225 Index edged 0.11% lower.<br /><br />The People&rsquo;s … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Eases Up As ECB Interest Rate Decision Eyed Posted: 06 Jul 2011 11:29 PM PDT Forex Pros – pros &ndash; The euro edged higher against the U.S. dollar on Thursday, easing off a seven-day low ahead of a widely expected interest rate bump by the European Central Bank later in the day.<br /><br />EUR/USD hit 1.4348 during late Asian trade, the daily high; the pair subsequently consolidated at 1.4338, edging up 0.14%.<br /><br />The pair was likely to find short-term support at 1.4285, Wednesday&rsquo;s low and a seven-day low and resistance … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Japanese Core Machinery Orders Rise In Line With Expectations Posted: 06 Jul 2011 11:25 PM PDT Forex Pros – pros &ndash; Japanese core machinery orders rose broadly in line with market expectations in May, official data showed on Thursday.<br /><br />In a report, Japan&rsquo;s Cabinet Office said core machinery orders rose in line with expectations by a seasonally adjusted 3.0% in May, after declining by 3.3% in April. <br /><br />Year-on-year, core machinery orders increased at an annualized rate of 10.5%, after declining at a rate of 0.2% in April, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Aggressive Growth Stock: Neenah Paper, Inc. Posted: 06 Jul 2011 11:05 PM PDT Neenah Paper, Inc. (NYSE:NP) has seen big gains over the last year, currently lingering directly below its recent 52-week high at $23.75. With an average earnings surprise of 31% over the last four quarters and estimates on the rise, this Zacks #1 stock is a solid pick for growth. Company Description Neenah Paper, Inc., together with its subsidiaries, produces and sells fine papers and various technical paper products worldwide. The company was founded in 2004 and has a market cap of $324 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Momentum Stock: Robbins & Myers, Inc. Posted: 06 Jul 2011 11:05 PM PDT Robbins & Myers, Inc. (NYSE:RBN) recently jumped out of an extended period of consolidation and into a new all-time high after reporting solid Q1 results that met expectations. Estimates have since risen, providing more momentum for this Zacks #1 rank stock. Company Description Robbins & Myers, together with its subsidiaries, produces industrial goods like fluid management systems and processing solutions for a wide range of industries worldwide. The company was founded in 1878 and has a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bull Of The Day: Raven Industries (RAVN) Posted: 06 Jul 2011 11:05 PM PDT Raven Industries (NASDAQ:RAVN) reported an EPS of $0.86 in the first quarter of fiscal 2012 versus $0.72 in the year-earlier quarter, outperforming the Zacks Estimate of $0.74. The improvement was largely driven by the double-digit growth in sales in the Applied Technology and Aerostar segment. The company expects a record year in terms of sales and earnings, mainly driven by higher farm income. Given the company’s investments and cost-effective products, more and more customers would turn to Raven. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Growth & Income Stock: Textainer Group Holdings Ltd. Posted: 06 Jul 2011 11:05 PM PDT Textainer Group Holdings Limited (NYSE:TGH) saw 52% earnings growth in 2010 as demand for containers outpaced supply. Double digit earnings growth is expected again in 2011. This Zacks #2 Rank (buy) is the largest lessor of intermodal containers in the world based on fleet size. It leases dry freight, refrigerated and specialized containers to more than 400 shipping lines. The company also sells used containers to more than 1,000 customers around the world. Expansion of Its Fleet On May 16, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bear Of The Day: Tellabs, Inc. (TLAB) Posted: 06 Jul 2011 11:05 PM PDT We downgrade our recommendation on Tellabs Inc. (NASDAQ:TLAB) to Underperform backed by our assessment that the poor performance of the company will continue in the near future. First-quarter 2011 financial results were well below the Zacks Consensus Estimates and the second-quarter 2011 outlook provided by management was disappointing. What is important is that Tellabs’ globally reputed high-margin digital cross-connect products are also showing a downtrend. Therefore, gross margin of the company … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Down During The Asian Session Posted: 06 Jul 2011 10:55 PM PDT Forex Pros – pros – The Euro was lower against the U.S. Dollar on Thursday.<br/><br/> EUR/USD was trading at 1.4314, down 0.03% at time of writing.<br/><br/> The pair was likely to find support at 1.4287, Wednesday&rsquo;s low, and resistance at 1.4579, Monday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.23% to hit 0.8968 and EUR/JPY rising 0.06% 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: 06 Jul 2011 10:25 PM PDT Forex Pros – pros – The British Pound was lower against the U.S. Dollar on Thursday.<br/><br/> GBP/USD was trading at 1.5974, down 0.18% at time of writing.<br/><br/> The pair was likely to find support at 1.5949, Wednesday&rsquo;s low, and resistance at 1.6140, Monday&rsquo;s high.<br/><br/> Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.21% to hit 0.8966 and GBP/JPY falling 0.22% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/CHF Down In Asian Trading Hours Posted: 06 Jul 2011 09:55 PM PDT Forex Pros – pros – The Euro was lower against the Swiss Franc on Thursday.<br/><br/> EUR/CHF was trading at 1.2015, down 0.02% at time of writing.<br/><br/> The pair was likely to find support at 1.1967, Wednesday&rsquo;s low, and resistance at 1.2346, Monday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the U.S. Dollar and the Japanese Yen, with EUR/USD shedding 0.03% to hit 1.4315 and EUR/JPY falling 0.01% 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: 06 Jul 2011 09:25 PM PDT Forex Pros – pros – The U.S. Dollar was higher against the Swiss Franc on Thursday.<br/><br/> USD/CHF was trading at 0.8396, up 0.05% at time of writing.<br/><br/> The pair was likely to find support at 0.8365, Wednesday&rsquo;s low, and resistance at 0.8507, Tuesday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and up against the Japanese Yen, with EUR/USD gaining 0.05% to hit 1.4326 and USD/JPY rising 0.01% 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: 06 Jul 2011 09:00 PM PDT Forex Pros – pros – The Euro was higher against the British Pound on Thursday.<br/><br/> EUR/GBP was trading at 0.8954, up 0.06% at time of writing.<br/><br/> The pair was likely to find support at 0.8942, Wednesday&rsquo;s low, and resistance at 0.9068, Monday&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 1.4326 and EUR/JPY rising 0.08% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Down During Asian Trade Posted: 06 Jul 2011 08:35 PM PDT Forex Pros – pros – The U.S. Dollar was lower against the Japanese Yen on Thursday.<br/><br/> USD/JPY was trading at 80.86, down 0.08% at time of writing.<br/><br/> The pair was likely to find support at 80.54, Monday&rsquo;s low, and resistance at 81.19, Tuesday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.06% to hit 1.4328 and GBP/USD rising 0.02% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CAD Down In Asian Trading Hours Posted: 06 Jul 2011 08:10 PM PDT Forex Pros – pros – The U.S. Dollar was lower against the Canadian Dollar on Thursday.<br/><br/> USD/CAD was trading at 0.9648, down 0.06% at time of writing.<br/><br/> The pair was likely to find support at 0.9582, Monday&rsquo;s low, and resistance at 0.9695, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.10% to hit 1.4334 and GBP/USD rising 0.02% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Sold ZSL At $17.48 Posted: 06 Jul 2011 07:55 PM PDT OK, that was strike 3 for me. I took off my short silver helmut and trotted to the bench. I sold my entire position of Proshares Ultrashort Silver (ZSL) at $17.48, about an hour before the market closed today. In the section on silver in last evening’s post I wrote this: “Silver reminds me of a wild cat – it just does what it wants. If I had to guess I would think it makes it to $36, having begun this rally around $34, then pulls back to the midpoint consolidation area that we see at $35. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Up On Economic Data Posted: 06 Jul 2011 07:05 PM PDT Forex Pros – pros – The Australian Dollar was higher against the U.S. Dollar on Thursday after the release of Australian data on Employment Change.<br/><br/> AUD/USD was trading at 1.0740, up 0.36% at time of writing.<br/><br/> The pair was likely to find support at 1.0656, Wednesday&rsquo;s low, and resistance at 1.0788, Monday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that Australian employment change rose more-than-expected … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Thieves Expand Their Horizons Posted: 06 Jul 2011 06:51 PM PDT In ‘Scrap Yards Are the New Pawn Shops,’ I noted that the fallout from “rampant greed, reckless speculation, and failed policies” had triggered a growing rash of thefts of wire, drain covers, and other metal products that were being sold to dealers for quick cash. If the following reports are any guide, today’s hard times have also spawned an illicit interest in a range of items that have not been traditionally targeted by criminal elements: “Thieves Steal Utility Poles Out of the Ground” (The … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Australian Employment Change Rises More-than-expected Posted: 06 Jul 2011 06:45 PM PDT Forex Pros – pros – Australian employment change rose more-than-expected last month, official data showed on Thursday.<br/><br/>In a report, Australian Bureau of Statistics said that Australian employment change rose to a seasonally adjusted 23.4K, from -0.5K in the preceding month whose figure was revised down from 7.8K.<br/><br/>Analysts had expected Australian employment change to rise 15.0K last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Australian Unemployment Rate Remains Unchanged Posted: 06 Jul 2011 06:40 PM PDT Forex Pros – pros – Australia&rsquo;s unemployment rate remained unchanged last month, official data showed on Thursday.<br/><br/>In a report, Australian Bureau of Statistics said that Australian unemployment rate remained unchanged at a seasonally adjusted 4.9%, from 4.9% in the preceding month.<br/><br/>Analysts had expected Australian unemployment rate to remain unchanged at 4.9% last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/JPY Up During Asian Trade Posted: 06 Jul 2011 06:35 PM PDT Forex Pros – pros – The Euro was higher against the Japanese Yen on Thursday.<br/><br/> EUR/JPY was trading at 115.93, up 0.05% at time of writing.<br/><br/> The pair was likely to find support at 115.56, Wednesday&rsquo;s low, and resistance at 117.74, Monday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and the British Pound, with EUR/USD gaining 0.07% to hit 1.4329 and EUR/GBP rising 0.05% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AUD/NZD Daily Fundamental Analysis For July 08, 2011 Posted: 06 Jul 2011 02:22 PM PDT By ForexMansion.com The AUD/NZD pair advanced early Thursday as the Australian dollar was able to gain against the greenback, after the cheerful employment data for June. On the other hand, the Kiwi didn't find support against the Aussie due to the lack of fundamental. The Australian economy added 23.4 thousand job during June from the previous 0.5 thousand, while the unemployment rate stayed at 4.9%. The better than expected data helped the Aussie to recover against the greenback after the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/JPY Daily Fundamental Analysis For July 08, 2011 Posted: 06 Jul 2011 02:21 PM PDT By ForexMansion.com The USD/JPY pair. was little changed early Thursday despite the strong US dollar with the upbeat machine orders data from the Japanese economy. The Japanese currency continued its gains against other majors, as risk aversion still controls the market. Japanese machine orders for May increased by 3.0% from the previous –3.3%, the reading improve the outlook for the Japanese economy and is considered a good sign for the industrial sector recovery in Japan. On the other hand, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

NZD/USD Daily Fundamental Analysis For July 08, 2011 Posted: 06 Jul 2011 02:20 PM PDT By ForexMansion.com The NZD/USD pair moved within a tight range, close to its all times high, although the economy lacks fundamentals for the reminder of the week while the U.S. dollar is gaining strength on the weak sentiment. Yet this slowed the pairs upside momentum. Although the U.S. dollar rose against the euro and other major currencies, it lacked the ability to extend its gains against the New Zealand dollar, due to the positive outlook of the economy that supports the currency to the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AUD/USD Daily Fundamental Analysis For July 08, 2011 Posted: 06 Jul 2011 02:20 PM PDT By ForexMansion.com The Australian dollar advanced against the dollar on early Thursday after the economy release a better than expected report from the jobs sector, increasing demand on the currency since the economic stability in Australia makes the Australian dollar more attractive. The currency managed to compensate the losses suffered early this week.   The economy added 23.4 new jobs in June while the unemployment rate was unchanged at 4.9%. This improvement supported investors’ … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/JPY Technical Analysis For July 7, 2011 Posted: 06 Jul 2011 10:07 AM PDT By ForexMansion.com   USD/JPY did very little on Wednesday, but this is absolutely no surprise as it hasn't done much over the last several weeks. Because of this, we have widened out our focus on this pair, and are waiting to see either 80 break down, or 82 get broken to the upside. The pair simply is moving far too little in order to risk our money at the moment. Originally posted here The definitive site about stocks, stock trading and stock news: StocksMansion.com. About … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/CHF Technical Analysis For July 7, 2011 Posted: 06 Jul 2011 10:07 AM PDT By ForexMansion.com   The USD/CHF fell on Wednesday, but only slightly. At the end of the day, we have a fairly wide range, showing that this area is a spot of confusion for the market. Although we are bearish in this pair, we don't like days like this in such a spot. Because of this, we are looking to sell at higher places. Selling rallies has worked so well in the past we see no real reason to change that strategy. Originally posted here Explore ForexMansion.com to find out about … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/CAD Technical Analysis For July 7, 2011 Posted: 06 Jul 2011 10:06 AM PDT By ForexMansion.com   The USD/CAD pair rose on Wednesday, piercing the all-important 0.9650 area. The latter half of the session saw a pullback from above that area, and the day looks as if it is going to close right around the mark. Because of this, it shows that the pair had real trouble sustaining any move above the 0.9650 level, and this shows bearishness. We like selling rallies, and if we can get back below the above mentioned area on a convincing move. Originally posted … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

NZD/USD Technical Analysis For July 7, 2011 Posted: 06 Jul 2011 10:05 AM PDT By ForexMansion.com   The NZD/USD pair fell on Wednesday, as the world shrugged off the idea of taking on risk. However, it should be mentioned that the pair didn't fall anywhere near as far as one would have expected – a possible hint at how strong this rally really is. We still prefer buying dips as they present themselves. Originally posted here Read about forex brokers and the best forex broker at ForexBrokers.co.uk. About ForexMansion.com: ForexMansion.com is the forex … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GBP/USD Technical Analysis For July 7, 2011 Posted: 06 Jul 2011 10:04 AM PDT By ForexMansion.com   The GBP/USD fell on Wednesday, and even managed to fall through the 1.60. However, we have already seen in the recent past that the support level goes all the way down to 1.59 – so this doesn't mean too much at this point. The pair has been choppy lately, and we are simply waiting to see if 1.59 can give way. If it does – we are long-term sellers. Originally posted here Further information about forex trading and forex news can be found at … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GBP/JPY Technical Analysis For July 7, 2011 Posted: 06 Jul 2011 10:03 AM PDT By ForexMansion.com   The GBP/JPY fell on Wednesday, triggering the sell signal by the form of the shooting star at the 130 resistance level. The market did give up quite a bit of those losses towards the end of the session, and although that would be somewhat encouraging, it appears that rallies are still to be sold in this pair. At least until we can close on a daily candle above the 130 level. 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

GBP/CHF Technical Analysis For July 7, 2011 Posted: 06 Jul 2011 10:02 AM PDT By ForexMansion.com   The GBP/CHF pair fell hard on Wednesday, and even managed to pierce below the 1.34 level for a while. However, we did bounce back above that mark, and the daily candle almost formed a hammer of sorts. Because of this, it looks like a rally from here could be in the cards. We will not buy into it though, as rallies in this pair simply give the sellers better pricing for the next move down. Sell rallies – it has worked for years. Originally posted here Explore … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/USD Technical Analysis For July 7, 2011 Posted: 06 Jul 2011 10:02 AM PDT By ForexMansion.com   The EUR/USD fell again on Wednesday, slamming into the 1.43 handle. The market certainly looks bearish, and I even have a potential triangle on the chart, but there are so many different things going on at the same time in the EUR/USD, there is no shame in staying out of it. We think that the longer-term signal is going to be based off of the triangle we have drawn on the chart. Originally posted here The latest info on day trading and particularly forex day … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/JPY Technical Analysis For July 7, 2011 Posted: 06 Jul 2011 10:01 AM PDT By ForexMansion.com   EUR/JPY fell hard on Wednesday, as traders continue to sell the Euro against everything else. Because of this, the relative safety of the Yen has been appealing. The pair looks set to test the 115 area, which should be supportive, all the way back to 113.50 or so. We don't like buying until we get much lower. Originally posted here Read about forex brokers and the best forex broker at ForexBrokers.co.uk. About ForexMansion.com: As one of the flagship sites of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/GBP Technical Analysis For July 7, 2011 Posted: 06 Jul 2011 10:00 AM PDT By ForexMansion.com   The EUR/GBP fell hard for a third day in a row on Wednesday, dropping well below the 0.90 level. The 0.89 area looks like it could be supportive and we are currently looking to see if support holds in the form of a supportive daily candle. The trend is up, so seeing the price of this pair rise shouldn't be a major surprise. However, there is a lot of noise coming out of Europe lately and as such; you might even want to avoid holding the Euro at all. Originally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/CHF Technical Analysis For July 7, 2011 Posted: 06 Jul 2011 09:59 AM PDT By ForexMansion.com   The EUR/CHF fell hard on Wednesday, and even peaked through the bottom of the 1.20 handle. However, there was a slight bounce at the end of the day – pushing the market above that level, albeit slightly. The pair looks decidedly bearish at the moment, but selling isn't advised until we get a bounce. The last two days has covered a large amount of real estate. 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 For July 7, 2011 Posted: 06 Jul 2011 09:58 AM PDT By ForexMansion.com   The AUD/USD had a very flat day on Wednesday. The pair has been pulling back slightly as of late, and could be presenting a buying opportunity. The 1.07 area looks to be a magnet for price at the moment, and we think that the 1.05 to 1.07 area will prove to be massive support. We are willing to buy on supportive candles in this area. Originally posted here Explore ForexMansion.com to find out about forex brokers who is the best forex broker in the market. About … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AUD/NZD Technical Analysis For July 7, 2011 Posted: 06 Jul 2011 09:57 AM PDT By ForexMansion.com   The AUD/NZD pair had a very quiet day on Wednesday, as the market simply treads water in this area. We are sitting on our hands at the moment, and waiting for the 1.32 area to give way in order to buy this pair. If the 1.28 area can get broken to the downside, we would be sellers. Until then, there isn't much to do in the AUD/NZD pair. Originally posted here The latest info on day trading and particularly forex day trading is found at DayTrading.org. About … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Oil Technical Analysis For July 7, 2011 Posted: 06 Jul 2011 09:47 AM PDT By CommoditiesMansion.com   Light Sweet Crude The CL contract found itself fairly flat for the day on Wednesday, as it ran into serious resistance at the $97.50 level. However, it should be noted that the day started out bearish, and we had a bounced in the later hours. Because of this, it appears that the pressure is still to the long side. Buying on dips seems to be the correct route at the moment. Brent Brent markets fell, but then bounced in the later hours of trading on … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Natural Gas Technical Analysis For July 7, 2011 Posted: 06 Jul 2011 09:46 AM PDT By CommoditiesMansion.com   The natural gas markets fell very hard on Wednesday, as traders sold off the market. The candle is long and red, but is also parked right above massive support. Because of this, although it looks very bearish, we are still very skeptical about selling this market. Tomorrow's candle should be telling and very important. The $4.20 level we sit at now has held like a rock, and we wouldn't be surprised to see that happen again. Originally posted … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gold Technical Analysis For July 7, 2011 Posted: 06 Jul 2011 09:45 AM PDT By CommoditiesMansion.com   The gold market rose again on Wednesday, and looks set to attempt a push towards the $1,550 area again. The issues in Europe certainly helps the idea of owning gold when there are potential sovereign defaults in the future. The $1,550 looks formidable, so we think that buying is the right way to go, but be ready to take profits on signs of weakness at that level. Originally posted here The definitive site about crude oil and crude oil news: … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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