| Forex – Weekly Outlook: August 8 – 12 Posted: 07 Aug 2011 02:54 AM PDT Forexpros – Last week saw the U.S. dollar advance against most of its major counterparts, as concerns over the U.S. economic recovery and fears over sovereign debt contagion in the euro zone boosted demand for safe haven assets, while the Swiss National Bank and the Bank of Japan took action to weaken their respective currencies. <br /><br />After markets closed Friday, ratings agency Standard and Poor’s downgraded the U.S. sovereign debt rating by one notch to AA+ from AAA, and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards 
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| Oil Technical Analysis For The Week Of August 8, 2011 Posted: 05 Aug 2011 10:59 AM PDT By CommoditiesMansion.com
Light Sweet Crude
The CL contract fell extremely hard the previous week, and even went as far as touching the $82.50 support zone. On Friday, the market formed a hammer at that level to show signs of support. The truth is we broke serious support this week in the form of the $90 mark, and the market has to be considered bearish at this point due to the softening global economic picture. The bounce that could come from the hammer on Friday might provide an … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards 
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| Natural Gas Technical Analysis For The Week Of August 8, 2011 Posted: 05 Aug 2011 10:58 AM PDT By CommoditiesMansion.com
The natural gas markets broke below the all-important $4 support level this week, even though the Friday session saw a hammer form just below it. None-the-less, we feel that this serious breach of support cannot be ignored, and the fact that the most recent rally failed to get closer to $5 signals how much weakness there is in this market. We will look for rallies in which to sell, as the market has "shifted" somewhat in the last few weeks. Perhaps the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards 
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| Gold Technical Analysis For The Week Of August 8, 2011 Posted: 05 Aug 2011 10:56 AM PDT By CommoditiesMansion.com
The gold markets continued their march northward this past week as the debt crisis fears in Europe have still not fully been addressed. The market is decidedly bullish, and we fell that a true floor has been put in around the $1,600 level. Because of this, we buy dips, and project that the $1,800 mark is more than likely in this market's future as well. Originally posted here The latest info on crude oil and particularly crude oil prices is found at … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards 
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| Oil Technical Analysis For August 8, 2011 Posted: 05 Aug 2011 10:55 AM PDT By CommoditiesMansion.com
Light Sweet Crude
The CL contract fell on Friday, but bounced enough to produce a hammer. This candle looks like it wants to see $82.50 as support, but the reality is that this contract has fallen quite hard, and when moves like this happen – it normally means something much bigger. Because of this, we consider the possible bounce from this candle as a "sucker's rally", and will be looking to sell from higher levels, perhaps close to the $90 level if … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards 
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| Natural Gas Technical Analysis For August 8, 2011 Posted: 05 Aug 2011 10:54 AM PDT By CommoditiesMansion.com
The natural gas markets fell again on Friday, but bounced to form a hammer centered on the $3.95 level. This shows that perhaps there is still some support in this neighborhood, but the truth is we violated serious support on Thursday. Because of this, we look for rallies to sell. If we get one, any sign of weakness on the rally will be sold by us at this point. Originally posted here The latest info on crude oil and particularly crude oil prices is found … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards 
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| Gold Technical Analysis For August 8, 2011 Posted: 05 Aug 2011 10:53 AM PDT By CommoditiesMansion.com
The gold markets regained much of the Thursday losses on Friday, as traders are leaving the fiat currencies around the world for precious metals. The Thursday candle is still resistive, but with the trend decidedly up and the regaining of losses – the upside is where the real risk lies. Because of this, we simply cannot sell gold, but would rather prefer to buy on dips. Look for $1,650 to continue to act as a support area, as well as $1,600. Originally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards 
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| Gold Weekly Fundamental Analysis For August 08-12, 2011 Posted: 05 Aug 2011 12:57 AM PDT By CommoditiesMansion.com
Gold prices rose last week to a new record high, as concerns over the outlook for global growth and rising fears that the European debt crisis will spread into Italy and Spain, sparked fears across global financial markets and increased demand for safe assets, which boosted gold prices and sent them above $1680 an ounce for the first time ever.
Data from the United States proved mostly disappointing, as it signaled economic activities in the manufacturing and services … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards 
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| Crude Oil Weekly Fundamental Analysis For August 08-12, 2011 Posted: 05 Aug 2011 12:56 AM PDT By CommoditiesMansion.com
Crude oil prices fell last week amid the huge uncertainty that continued to surround markets, where slowing economic activities in the United States sparked concerns the world's largest economy is on its way to a double dip recession while mounting fears from the European debt crisis boosted demand for lower yielding assets, which put crude oil prices under pressure and pushed prices to the downside, marking the worst weekly loss for crude oil since May.
Meanwhile, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards 
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| Natural Gas Weekly Fundamental Analysis For August 08-12, 2011 Posted: 05 Aug 2011 12:56 AM PDT By CommoditiesMansion.com
Natural gas prices dropped last week on speculations of slowing economic growth in the United States, which is expected to weigh down on demand for natural gas, also expectations of milder weather conditions contributed in falling natural gas prices, in addition to the bigger than expected rise in natural gas stockpiles.
The EIA report showed that natural gas stockpiles increased last week by 44 billion cubic feet compared with median estimates of 38 BCF and the prior … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards 
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| Gold Daily Fundamental Analysis For August 08, 2011 Posted: 05 Aug 2011 12:55 AM PDT By CommoditiesMansion.com
Gold prices rose back on Friday to trade above $1660 an ounce after rising on Thursday to a new record high above $1680 an ounce, where concerns over the outlook for global growth amid recent signs that the U.S. economy was losing momentum and could be heading into another recession, continued to push demand for the safe haven.
Moreover, fears from the European debt crisis continued to boost demand for gold, as investors are still worried that Italy and Spain could be … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards 
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| Crude Oil Daily Fundamental Analysis For August 08, 2011 Posted: 05 Aug 2011 12:55 AM PDT By CommoditiesMansion.com
Crude oil prices fluctuated heavily on Friday, where traders were still feeling pessimism over the outlook for global growth, despite the better than expected jobs report from the United States, which showed Non-farm payrolls increased above forecasts, and unemployment dropped unexpectedly in July.
Nonetheless, crude oil prices remained under pressure, where crude oil prices fell on Friday to the lowest level since November 2010, but recovered some of the losses after … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards 
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| Natural Gas Daily Fundamental Analysis For August 08, 2011 Posted: 05 Aug 2011 12:54 AM PDT By CommoditiesMansion.com
Natural gas prices slightly rose on Friday but remained below $4 after the EIA report showed on Thursday natural gas stockpiles rose above expectations, and the uncertainty surrounding the outlook of the U.S. economy, continued to put downside pressure on prices.
Nonetheless, natural gas prices received support from the Hurricane season, where expectations show that seven to ten hurricanes are anticipated, in which three to five will be major ones, and could affect … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards 
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