DailyMarkets.com - Gold Futures Extend Rally To Hit New Record High

---

• Gold Futures Extend Rally To Hit New Record High
• Forex Trading: EUR/USD Finding Resistance From 200 Hour Moving Average
• Forex – USD/CHF Falls To Record Low On Moody’s U.S. Warning
• Forex Trading: Eurozone CPI (June) 2.7% As Expected.
• Euro Zone CPI Rises In Line With Expectations In June
• European Stocks Drop On U.S. Debt Fears; DAX Down 0.25%
• Forex – Dollar Broadly Lower After Moody’s Debt Warning
• Bank Of Korea Holds Repo Rate At 3.25%
• Forex – GBP/USD Pulls Back From 3-week High
• Crude Oil Futures Advance On U.S. Dollar Weakness
• Forex – USD/JPY Regains Ground On Intervention Speculation
• Gold Hits Fresh Record High On Moody’s U.S. Debt Warning
• Forex – AUD/USD Off 9-week High On U.S. Debt Rating Concerns
• Forex – NZD/USD Rallies To Record High After Strong GDP Data
• Asia Stocks Slump On U.S. Debt Concerns; Nikkei Sheds 0.3%
• Forex – EUR/USD Hits 4-day High After Moody’s U.S. Warning
• Momentum Stock: Spectrum Pharmaceuticals, Inc.
• Growth & Income Stock: Magna International, Inc.
• Bull Of The Day: Watson Pharmaceuticals (WPI)
• Bear Of The Day: Carnival Corporation (CCL)
• Aggressive Growth Stock: OM Group Inc
• Forex – EUR/USD Up During The Asian Session
• Forex – GBP/USD Up In Asian Trade
• Forex – EUR/CHF Down In Asian Trading Hours
• Singapore Stock Market Update For Thursday 14 July
• Forex – USD/CHF Down During Asian Trade
• Forex – EUR/GBP Up During The Asian Session
• Moody’s Puts US On Review For Downgrade, Obama And Cantor Feud At Debt Negotiations
• Forex – USD/JPY Down During Asian Trade
• Forex – USD/CAD Up In Asian Trading Hours
• Forex – AUD/USD Up During Asian Trade
• Forex Trading: EURUSD Reaches To The 200 Hour MA And Takes A Break
• Forex – EUR/USD Up During The Asian Session
• Forex – EUR/JPY Down During Asian Trade
• Forex – GBP/JPY Up During The Asian Session
• ‘The Real Fear Is That Somebody Will Come And Take What You’ve Got.’
• Forex – EUR/USD Up In Asian Trade
• USD/JPY Technical Analysis For July 14, 2011
• USD/CHF Technical Analysis For July 14, 2011
• USD/CAD Technical Analysis For July 14, 2011
• NZD/USD Technical Analysis For July 14, 2011
• GBP/USD Technical Analysis For July 14, 2011
• GBP/JPY Technical Analysis For July 14, 2011
• GBP/CHF Technical Analysis For July 14, 2011
• EUR/USD Technical Analysis For July 14, 2011
• EUR/JPY Technical Analysis For July 14, 2011
• EUR/GBP Technical Analysis For July 14, 2011
• EUR/CHF Technical Analysis For July 14, 2011
• AUD/USD Technical Analysis For July 14, 2011
• AUD/NZD Technical Analysis For July 14, 2011
• Oil Technical Analysis For July 14, 2011
• Natural Gas Technical Analysis For July 14, 2011
• Gold Technical Analysis For July 14, 2011

Gold Futures Extend Rally To Hit New Record High Posted: 14 Jul 2011 03:10 AM PDT Forexpros – Gold futures extended a nine-day rally to hit a fresh all-time high on Thursday, as the safe haven appeal of the precious metal was boosted amid mounting concerns over debt levels in the U.S. and the euro zone.<br /><br />On the Comex division of the New York Mercantile Exchange, gold futures for August delivery traded at USD1,593.65 a troy ounce during European morning trade, jumping … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: EUR/USD Finding Resistance From 200 Hour Moving Average Posted: 14 Jul 2011 02:52 AM PDT Tonight was the first night this week that we haven't heard continuous comments out of the Eurozone regarding Italy and Greece, and we had slightly better Eurozone CPI numbers.  On the hourly chart below you will see that the pair has found resistance twice this session from the 200 hour moving average; the first time following the comments of a possible downgrade of US debt. It appears that the pair continues to receive bullish support from a trend line that has been … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CHF Falls To Record Low On Moody’s U.S. Warning Posted: 14 Jul 2011 02:30 AM PDT Forexpros – The U.S. dollar was down for a fifth day against the Swiss franc on Thursday, slumping to a fresh record low after the U.S.&rsquo;s credit rating was put under review for a downgrade and amid expectations for further monetary stimulus by the Federal Reserve.<br /><br />USD/CHF hit 0.8079 during European morning trade, the pair&rsquo;s all-time low; the pair subsequently consolidated at 0.8151, shedding 0.34%.<br /><br />The pair was likely to find … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: Eurozone CPI (June) 2.7% As Expected. Posted: 14 Jul 2011 02:08 AM PDT … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Euro Zone CPI Rises In Line With Expectations In June Posted: 14 Jul 2011 02:06 AM PDT Forexpros – Consumer price inflation in the euro zone rose broadly in line with market expectations in June, official data showed on Thursday. <br /><br />In a report, Eurostat said consumer price inflation rose by a seasonally adjusted 2.7% in June, unchanged from a preliminary estimate.<br />&nbsp;<br />Core CPI, which excludes food, energy, alcohol, and tobacco costs, rose unexpectedly, increasing by a seasonally adjusted 1.6%. Analysts had expected core CPI to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

European Stocks Drop On U.S. Debt Fears; DAX Down 0.25% Posted: 14 Jul 2011 02:01 AM PDT Forexpros – European stock markets were broadly lower on Thursday, after ratings agency Moody&rsquo;s warned that the U.S. may lose its top-notch credit rating and amid ongoing concerns over the region&rsquo;s debt crisis. <br /><br />During European morning trade, the EURO STOXX 50 declined 0.2%, France&rsquo;s CAC 40 dipped 0.4%, while Germany&rsquo;s DAX 30 edged 0.25% lower.<br /><br />Late Wednesday, Moody&rsquo;s Investors Service said that it … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Dollar Broadly Lower After Moody’s Debt Warning Posted: 14 Jul 2011 01:42 AM PDT Forexpros – The U.S. dollar was broadly lower against its major counterparts on Thursday, after the U.S.&rsquo;s credit rating was put under review for a downgrade and amid expectations for further monetary stimulus by the Federal Reserve.<br /><br />During European morning trade, the greenback was weaker against the euro, with EUR/USD climbing 0.51% to hit 1.4235.<br /><br />On Wednesday, Greece&rsquo;s credit rating was cut three levels by ratings agency … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bank Of Korea Holds Repo Rate At 3.25% Posted: 14 Jul 2011 01:30 AM PDT The Bank of Korea held its 7-day repurchase rate unchanged at 3.25%.  The Bank of Korea noted: “The Committee expects the high level of inflation to continue in the coming months, driven largely by demand-side pressures resulting from the underlying uptrend in economic activity and by inflation expectations.” The Bank also said: “For Korea, the Committee judges the economy to have maintained its underlying upward trend, given for instance that exports show robust growth and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Pulls Back From 3-week High Posted: 14 Jul 2011 01:25 AM PDT Forexpros – The pound pulled back from a three-week high against the U.S. dollar on Thursday, trimming gains made after ratings agency Moody&rsquo;s warned that the U.S. may lose its top-notch credit rating.<br /><br />GBP/USD pulled back from 1.6193, the pair&rsquo;s highest since June 22, to hit 1.6108 during early European, easing up 0.03%. <br /><br />Cable was likely to find support at 1.5904, Wednesday&rsquo;s low and resistance at 1.6262, the high of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Crude Oil Futures Advance On U.S. Dollar Weakness Posted: 14 Jul 2011 01:11 AM PDT Forexpros – Crude oil futures were up for a third day on Thursday, amid easing concerns over a slowdown in U.S. demand, while a broadly weaker U.S. dollar also lent support. <br /><br />On the New York Mercantile Exchange, light, sweet crude futures for delivery in August traded at USD98.30 a barrel during European morning trade, gaining 0.53%.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br /><br />It earlier rose as much as 0.72% … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Regains Ground On Intervention Speculation Posted: 14 Jul 2011 12:56 AM PDT Forexpros – The U.S. dollar regained ground against the yen on Thursday, bouncing off a four-month low after Japan&rsquo;s Finance Minister said the yen&rsquo;s strength did not reflect economic fundamentals, fanning speculation that Japan would intervene to stem the currency&rsquo;s gains.<br /><br />USD/JPY clawed back up from 78.45, the pair&rsquo;s lowest since May 17, to hit 79.07 during late Asian trade, gaining 0.11%.<br /><br />The pair was … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gold Hits Fresh Record High On Moody’s U.S. Debt Warning Posted: 14 Jul 2011 12:31 AM PDT Forexpros – Gold futures rallied to a fresh record high on Thursday, after the U.S.&rsquo;s credit rating was put under review for a downgrade and amid expectations for further monetary stimulus by the Federal Reserve.<br /><br />On the Comex division of the New York Mercantile Exchange, gold futures for August delivery traded at USD1,585.25 a troy ounce during late Asian trade, climbing … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Off 9-week High On U.S. Debt Rating Concerns Posted: 14 Jul 2011 12:21 AM PDT Forexpros – The Australian dollar was down against its U.S. counterpart on Thursday, retreating from a nine-week high after the U.S.&rsquo;s credit rating was put under review for a downgrade, dampening demand for riskier assets.<br /><br />AUD/USD pulled back from 1.0799 during late Asian trade, the pair&rsquo;s highest since May 11 to subsequently consolidate at 1.0725, edging 0.3% lower. <br /><br />The pair was likely to find support at 1.0524, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – NZD/USD Rallies To Record High After Strong GDP Data Posted: 14 Jul 2011 12:11 AM PDT Forexpros – The New Zealand dollar rallied to a 26-year high against its U.S. counterpart on Thursday, boosted by a report showing that the country&rsquo;s economy grew more-than-expected in the first quarter.<br /><br />NZD/USD hit 0.8504 during late Asian trade, the pair&rsquo;s highest since exchange rate controls ended in March 1985; the pair subsequently consolidated at 0.8447, climbing 0.86%.<br /><br />The pair was likely to find support at 0.8151, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Asia Stocks Slump On U.S. Debt Concerns; Nikkei Sheds 0.3% Posted: 13 Jul 2011 11:50 PM PDT Forexpros – Asian stock markets were broadly lower on Thursday, as market sentiment was weighed after ratings agency Moody&rsquo;s warned that the U.S. may lose its top-notch credit rating.<br /><br />During late Asian trade, Hong Kong’s Hang Seng Index shed 0.3%, Australia&rsquo;s ASX/200 Index slumped 0.66%, while Japan&rsquo;s Nikkei 225 Index edged 0.27% lower. <br /><br />Late Wednesday, Moody&rsquo;s Investors Service said that it placed the U.S. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Hits 4-day High After Moody’s U.S. Warning Posted: 13 Jul 2011 11:37 PM PDT Forexpros – The euro advanced against the U.S. dollar for a second day on Thursday, climbing to a four-day high after ratings agency Moody&rsquo;s warned that the U.S. may lose its top-notch credit rating.<br /><br />EUR/USD hit 1.4281 during late Asian trade, the pair&rsquo;s highest since July 8; the pair subsequently consolidated at 1.4210, rising 0.33%.<br /><br />The pair was likely to find support at 1.3950, Wednesday&rsquo;s low and resistance at … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Momentum Stock: Spectrum Pharmaceuticals, Inc. Posted: 13 Jul 2011 11:05 PM PDT Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI) has been a big winner in 2011, recently hitting a new all-time high after reporting strong Q1 results that came in well ahead of expectations. With estimates on the rise and high industry rank, this Zacks #1 Rank stock has plenty of momentum. Company Description Spectrum Pharmaceuticals, Inc. operates as a commercial stage biotechnology company with an emphasis in oncology and hematology. The company was founded in 1987 and has a market cap of $523 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Growth & Income Stock: Magna International, Inc. Posted: 13 Jul 2011 11:05 PM PDT With U.S. vehicle sales still well below their 20-year average, it looks like the automotive recovery has plenty of road ahead. In fact, automotive supplier Magna International, Inc. (NYSE:MGA) recently raised its outlook for vehicle production in both North America and Western Europe. The company posted exceptional first quarter results, crushing the Zacks Consensus Estimates on revenue and EPS. Earnings estimates have been rising significantly higher over the last several months, sending the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bull Of The Day: Watson Pharmaceuticals (WPI) Posted: 13 Jul 2011 11:05 PM PDT Based on its first quarter performance and increased guidance, we are upgrading Watson Pharmaceuticals (NYSE:WPI) to Outperform. The copmany posted first-quarter 2011 earnings of $0.89 per share, beating the Zacks Consensus Estimate by $0.03 and the year-ago earnings by $0.08 per share. Revenues increased 2% to $876.5 million, mainly driven by higher generics sales. Watson Pharma increased its 2011 earning guidance range to $3.95 – $4.20 per share from $3.85 – $4.15 per share. Following the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bear Of The Day: Carnival Corporation (CCL) Posted: 13 Jul 2011 11:05 PM PDT We are downgrading shares of Carnival Corporation (NYSE:CCL) from Neutral to Underperform. Political disturbances in some geographies and the earthquake in Japan are currently acting as the major hindrance to the company’s growth. Moreover, surging fuel prices and a greater exposure to a sluggish European market will be headwinds for the company. Carnival decreased its projections for net revenue yields from the range of 2.5%-3.5% to 1.5%-2.5% for fiscal 2011 on a constant dollar basis. The … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Aggressive Growth Stock: OM Group Inc Posted: 13 Jul 2011 11:05 PM PDT OM Group Inc. (NYSE:OMG) has been growing internally as well as seeking out acquisition targets. Growth rates are steady and rising estimates have shares at a Zacks #1 Rank (Strong Buy). Additionally, valuations are attractive and the chart is pointing to a nice entry point. Company Description OM Group is a specialty chemical and advanced materials. Products are used in rechargeable batteries, industrial coatings, medical devices, aerospace and many other applications around the world. $1 Billion … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up During The Asian Session Posted: 13 Jul 2011 10:55 PM PDT Forexpros – The Euro was higher against the U.S. Dollar on Thursday.<br/><br/> EUR/USD was trading at 1.4198, up 0.25% at time of writing.<br/><br/> The pair was likely to find support at 1.3838, Tuesday&rsquo;s low, and resistance at 1.4282, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.08% to hit 0.8801 and EUR/JPY rising 0.18% 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: 13 Jul 2011 10:25 PM PDT Forexpros – The British Pound was higher against the U.S. Dollar on Thursday.<br/><br/> GBP/USD was trading at 1.6136, up 0.20% at time of writing.<br/><br/> The pair was likely to find support at 1.5781, Tuesday&rsquo;s low, and resistance at 1.6195, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.15% to hit 0.8808 and GBP/JPY falling 0.27% 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: 13 Jul 2011 09:55 PM PDT Forexpros – The Euro was lower against the Swiss Franc on Thursday.<br/><br/> EUR/CHF was trading at 1.1548, down 0.30% at time of writing.<br/><br/> The pair was likely to find support at 1.1496, Wednesday&rsquo;s low, and resistance at 1.1923, Monday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and down against the Japanese Yen, with EUR/USD gaining 0.40% to hit 1.4219 and EUR/JPY falling 0.001% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Singapore Stock Market Update For Thursday 14 July Posted: 13 Jul 2011 09:33 PM PDT Though US market finished off with gains yesterday, early gains are more or less erased, to finish off up 45 points only. Asian markets are choppy for now. Local market is trading below 3100. However, good support is seen at 3000 level. We are expecting IPO listing tomorrow at 9am. IPO details (stock to be listed in Catalist) IPO : 800 Super Holdings Limited Company Profile : 800 Super Holdings provides comprehensive environmental solutions to the public and private sectors in Singapore, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CHF Down During Asian Trade Posted: 13 Jul 2011 09:25 PM PDT Forexpros – The U.S. Dollar was lower against the Swiss Franc on Thursday.<br/><br/> USD/CHF was trading at 0.8118, down 0.74% at time of writing.<br/><br/> The pair was likely to find support at 0.8084, Wednesday&rsquo;s low, and resistance at 0.8398, Tuesday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the Japanese Yen, with EUR/USD gaining 0.35% to hit 1.4212 and USD/JPY falling 0.38% 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: 13 Jul 2011 09:00 PM PDT Forexpros – The Euro was higher against the British Pound on Thursday.<br/><br/> EUR/GBP was trading at 0.8804, up 0.11% at time of writing.<br/><br/> The pair was likely to find support at 0.8750, Tuesday&rsquo;s low, and resistance at 0.8892, Monday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and down against the Japanese Yen, with EUR/USD gaining 0.34% to hit 1.4210 and EUR/JPY falling 0.14% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Moody’s Puts US On Review For Downgrade, Obama And Cantor Feud At Debt Negotiations Posted: 13 Jul 2011 08:47 PM PDT The impasse in regards to passing an increase to the  debt ceiling and the consequences associated with that have come home to roost as we have Moody's putting the US under review for a credit rating downgrade, a step you do not want as a country. The recalcitrant opposition to compromise, which could have put together a "grand bargain" plan that would cut $4 trillion from the deficit over the next 10-12 years, with mainly spending cuts but also have some revenue … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Down During Asian Trade Posted: 13 Jul 2011 08:35 PM PDT Forexpros – The U.S. Dollar was lower against the Japanese Yen on Thursday.<br/><br/> USD/JPY was trading at 78.61, down 0.48% at time of writing.<br/><br/> The pair was likely to find support at 78.47, today&rsquo;s low, and resistance at 80.83, Monday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.36% to hit 1.4213 and GBP/USD rising 0.25% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CAD Up In Asian Trading Hours Posted: 13 Jul 2011 08:10 PM PDT Forexpros – The U.S. Dollar was higher against the Canadian Dollar on Thursday.<br/><br/> USD/CAD was trading at 0.9584, up 0.01% at time of writing.<br/><br/> The pair was likely to find support at 0.9561, Wednesday&rsquo;s low, and resistance at 0.9779, Tuesday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.42% to hit 1.4221 and GBP/USD rising 0.25% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Up During Asian Trade Posted: 13 Jul 2011 07:30 PM PDT Forexpros – The Australian Dollar was higher against the U.S. Dollar on Thursday.<br/><br/> AUD/USD was trading at 1.0763, up 0.04% at time of writing.<br/><br/> The pair was likely to find support at 1.0525, Tuesday&rsquo;s low, and resistance at 1.0804, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.42% to hit 1.3220 and AUD/JPY falling 0.36% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: EURUSD Reaches To The 200 Hour MA And Takes A Break Posted: 13 Jul 2011 07:07 PM PDT The EURUSD extended above the longer term channel trendline and reached for the 200 hour MA as the next target. The price moved briefly above the 200 hr MA by 3 pips (1.4278 vs 1.4281 high) but found sellers at the level and has taken a break. The move back down has broken below the channel on the 5 minute chart but has so far held the 38.2% of the move up from the late NY low, That level comes in at the 1.4223 level (see chart below).  The holding of  the 200 hour MA, the move below … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up During The Asian Session Posted: 13 Jul 2011 07:05 PM PDT Forexpros – The Euro was higher against the U.S. Dollar on Thursday.<br/><br/> EUR/USD was trading at 1.4231, up 0.49% at time of writing.<br/><br/> The pair was likely to find support at 1.3838, Tuesday&rsquo;s low, and resistance at 1.4282, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.16% to hit 0.8808 and EUR/JPY rising 0.06% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/JPY Down During Asian Trade Posted: 13 Jul 2011 06:35 PM PDT Forexpros – The Euro was lower against the Japanese Yen on Thursday.<br/><br/> EUR/JPY was trading at 111.84, down 0.05% at time of writing.<br/><br/> The pair was likely to find support at 109.59, Tuesday&rsquo;s low, and resistance at 114.77, Monday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and the British Pound, with EUR/USD gaining 0.60% to hit 1.4248 and EUR/GBP rising 0.25% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/JPY Up During The Asian Session Posted: 13 Jul 2011 05:45 PM PDT Forexpros – The British Pound was higher against the Japanese Yen on Thursday.<br/><br/> GBP/JPY was trading at 127.28, up 0.04% at time of writing.<br/><br/> The pair was likely to find support at 124.89, Tuesday&rsquo;s low, and resistance at 129.43, Monday&rsquo;s high.<br/><br/> Meanwhile, the British Pound was up against the U.S. Dollar and down against the Euro, with GBP/USD gaining 0.36% to hit 1.6162 and EUR/GBP rising 0.16% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

‘The Real Fear Is That Somebody Will Come And Take What You’ve Got.’ Posted: 13 Jul 2011 05:40 PM PDT If the following CNN report is anything to go by, it looks like a growing number of Americans have a far more negative view about where things are headed than the “experts” in Washington and on Wall Street. “Texans Grab Their Guns as Economy Stalls” An Austin, Texas, gun shop is seeing a spike in sales as gun buyers aim to defend themselves in times of economic … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up In Asian Trade Posted: 13 Jul 2011 05:25 PM PDT Forexpros – The Euro was higher against the U.S. Dollar on Thursday.<br/><br/> EUR/USD was trading at 1.4240, up 0.55% at time of writing.<br/><br/> The pair was likely to find support at 1.3838, Tuesday&rsquo;s low, and resistance at 1.4282, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.19% to hit 0.8811 and EUR/JPY rising 0.14% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/JPY Technical Analysis For July 14, 2011 Posted: 13 Jul 2011 08:04 AM PDT By ForexMansion.com   USD/JPY fell again on Wednesday as the Federal Reserve Chairman suggested in front of the US Congress that further quantitative easing may be in the cards. The pair is well below the all-important 80 level, and now looks very bearish. The central banks intervened a few handles below here last time and one has to wonder how closely this is being monitored. While we agree with the trend for the moment, we are leery of testing the waters below because of the 5 or … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/CHF Technical Analysis For July 14, 2011 Posted: 13 Jul 2011 08:03 AM PDT By ForexMansion.com   The USD/CHF finally broke below the 0.83 area as traders sold off the USD against most currency pairs. The CHF is presently enjoying a general consensus that the world loves the Franc. The pair continues its bearish stance, and the next move is certainly down, just as it has been for years. Originally posted here Read about forex brokers and the best forex broker at ForexBrokers.co.uk. About ForexMansion.com: Dedicated to delivering the very best to its readers, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/CAD Technical Analysis For July 14, 2011 Posted: 13 Jul 2011 08:02 AM PDT By ForexMansion.com   The USD/CAD pair fell hard again on Wednesday as the trading world sold off the USD in general after Chairman Bernanke suggested that another round of easing is still possible by the Fed. The pair will look to break through the 0.9560 area, which could send this pair much lower before it is all said and done. We like selling rallies and a fresh break of 0.9550. 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

NZD/USD Technical Analysis For July 14, 2011 Posted: 13 Jul 2011 08:01 AM PDT By ForexMansion.com   The NZD/USD rose on Wednesday as traders took on more risk around the world. As this pair rose the all-time highs were breeched. The pair drifted lower afterwards, but it should be noted that the pair had already made a significant move at that point. The pair looks decidedly bullish, and we are buyers on dips. 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 14, 2011 Posted: 13 Jul 2011 08:00 AM PDT By ForexMansion.com   The GBP/USD pair rose rapidly on Wednesday as it was suggested by Ben Bernanke that possible quantitative easing is in the cards in front of Congress. Because of this, the USD sold off against almost everything in the markets. With this latest move, it gives the Pound a bit of a reprieve for the moment. However, as risk gets shunned on the next shock to the markets, we would still expect this pair to fall. Because of this, we are looking at this move as a possible … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GBP/JPY Technical Analysis For July 14, 2011 Posted: 13 Jul 2011 08:00 AM PDT By ForexMansion.com   The GBP/JPY pair rose on Wednesday as traders rallied many of the markets around the world. Since the pair is a massive risk barometer, it makes sense that we go a little bit of a bump from that action. However, it should also be noted that the bounce isn't all that impressive either. We like selling rallies as long as we are below 130. 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

GBP/CHF Technical Analysis For July 14, 2011 Posted: 13 Jul 2011 07:59 AM PDT By ForexMansion.com   The GBP/CHF fell on Wednesday as traders sold the Pound off for the safety of the Franc. We find this telling as this is a pair that likes to rally when the world's markets are going up – which they did. Because of this, we see it as just another confirmation of how weak this pair is. We sell rallies. 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

EUR/USD Technical Analysis For July 14, 2011 Posted: 13 Jul 2011 07:58 AM PDT By ForexMansion.com   The EUR/USD pair rose on Wednesday as the Fed Chairman, Ben Bernanke, testified before the US Congress and stated that QE3 wasn't ruled out. In fact, most traders seem to think this was a laying of groundwork for that to be the next move. However, it should be noted that the pair stopped right at the previous uptrend line of the recent triangle. Because of this, we are very, very hesitant to get involved at this moment in time. Originally posted here Further … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/JPY Technical Analysis For July 14, 2011 Posted: 13 Jul 2011 07:57 AM PDT By ForexMansion.com   EUR/JPY got a light bounce on Wednesday as traders rallied many of the world's markets. The rise of the EUR/USD certainly comes into play in this pair, and we may be seeing a bounce from which we can sell. It should be noted however that the bounce for the day wasn't all that impressive. We like selling rallies at this point. Originally posted here The definitive site about stocks, stock trading and stock news: StocksMansion.com. About ForexMansion.com: As … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/GBP Technical Analysis For July 14, 2011 Posted: 13 Jul 2011 07:57 AM PDT By ForexMansion.com   The EUR/GBP pair rose back above the 0.88 area on Wednesday, but fell just as quick. This pair currently looks like a good place to get chopped up in trading, so we are leery of trading it. The 0.88 level has acted like a magnet, and as such it seems that any move quickly gets turned back towards it. We are avoiding this pair until we see a clearer signal. Originally posted here Explore ForexMansion.com to find out about forex brokers who is the best forex … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/CHF Technical Analysis For July 14, 2011 Posted: 13 Jul 2011 07:56 AM PDT By ForexMansion.com   The EUR/CHF pair fell again on Wednesday, and looks set to continue its massive plunge. The pair simply cannot be bought, and in fact, any rallies must certainly be sold at this point. Anyone buying this pair has certainly learned the hard way on how vicious the downtrend in this pair is. 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 the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AUD/USD Technical Analysis For July 14, 2011 Posted: 13 Jul 2011 07:55 AM PDT By ForexMansion.com   The AUD/USD pair rose on Wednesday and shows signs of wanting to break to new levels. The recent high at 1.08 held during the session, but it must be said that the candle for the day is long and green. This suggests that the bullish momentum may be building, and we could see a breakout coming. We like buying dips as well as any close above 1.08 as it would signal a new leg up. Originally posted here Read about forex brokers and the best forex broker at … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AUD/NZD Technical Analysis For July 14, 2011 Posted: 13 Jul 2011 07:54 AM PDT By ForexMansion.com   The AUD/NZD pair fell on Wednesday as the pair tested the 1.28 area again. Because of this, we feel that the recent action suggests that a breakdown is coming. However, until we get that daily close below the 1.28, we are sitting idly and waiting for a possible sell signal for a longer-term move. Originally posted here Further information about forex trading and forex news can be found at ForexTrading.co.uk. About ForexMansion.com: As one of the flagship sites … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Oil Technical Analysis For July 14, 2011 Posted: 13 Jul 2011 07:44 AM PDT By CommoditiesMansion.com   Light Sweet Crude The CL contract shot upwards on Wednesday as traders bought into the commodity trade in general. The market is currently trying to break through and above the $100 level, and one would be lead to believe that the level should attract sellers. However, on each pullback, this market has proven that those are to be thought of as buying opportunities. We think buying on the dips is still the way to go. Brent Brent tested the $120 level on … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Natural Gas Technical Analysis For July 14, 2011 Posted: 13 Jul 2011 07:43 AM PDT By CommoditiesMansion.com   The natural gas markets rose again on Wednesday as traders continue to prove the merit of a $4-$4.20 support area. The pair is approaching the $4.40 mark, and a pullback could be expected. However, this is a minor area, and a fall in price could be the entry point those of you not involved in the market are looking for as buying is recommended at these lower levels. 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

Gold Technical Analysis For July 14, 2011 Posted: 13 Jul 2011 07:42 AM PDT By CommoditiesMansion.com   Gold broke to all-time highs on Wednesday as the Federal Reserve Chairman spoke in front of Congress and suggested that more easing could be coming. Because of this, one has to think that the appeal of gold will only increase as traders more from fiat currencies. The recent consolidation between $1,475 and $1,550 suggests a move up to $1,650 or so. Originally posted here Explore WTICrudeOil.com to find out about oil prices, and the latest oil news in the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

You are subscribed to email updates from DailyMarkets.com To stop receiving these emails, you may unsubscribe now.	Email delivery powered by Google
Google Inc., 20 West Kinzie, Chicago IL USA 60610