Friday, September 23, 2011

DailyMarkets.com - Forex – USD/CHF Down During The European Session

DailyMarkets.com - Forex – USD/CHF Down During The European Session


Forex – USD/CHF Down During The European Session

Posted: 23 Sep 2011 03:20 AM PDT

Forexpros – The U.S. Dollar was lower against the Swiss Franc on Friday.

USD/CHF was trading at 0.9060, down 0.29% at time of writing.

The pair was likely to find support at 0.8790, Tuesday's low, and resistance at 0.9183, Thursday's high.

Meanwhile, the U.S. Dollar was down against the Euro and up against the Japanese Yen, with EUR/USD gaining 0.07% to hit 1.3473 and USD/JPY rising 0.001% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – USD/JPY Up In European Trade

Posted: 23 Sep 2011 02:30 AM PDT

Forexpros – The U.S. Dollar was higher against the Japanese Yen on Friday.

USD/JPY was trading at 76.24, up 0.01% at time of writing.

The pair was likely to find support at 76.11, Thursday's low, and resistance at 76.98, Monday's high.

Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.46% to hit 1.3525 and GBP/USD rising 0.76% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – EUR/USD Up In European Trading Hours

Posted: 23 Sep 2011 01:55 AM PDT

Forexpros – The Euro was higher against the U.S. Dollar on Friday.

EUR/USD was trading at 1.3547, up 0.62% at time of writing.

The pair was likely to find support at 1.3386, Thursday's low, and resistance at 1.3798, Wednesday's high.

Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.10% to hit 0.8765 and EUR/JPY rising 0.64% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Australian Dollar Gann Angle Review

Posted: 23 Sep 2011 01:48 AM PDT

Here is a quick review of the Aussie dollar ETF (FXA) showing how the latest trend change was so easy to see, and that a sell off was always to be expected.

The Gann Angle 1×1 (45 degrees) can be used to check the health of the trend. With a bullish trend the upwards 1×1 Gann Angle should always win, and in a bearish trend a downwards 1×1 Gann Angle should always win. When there is a change in behavior then a trend change can be expected. This is exactly what happened recently to the FXA … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – GBP/USD Up During The European Session

Posted: 23 Sep 2011 01:10 AM PDT

Forexpros – The British Pound was higher against the U.S. Dollar on Friday.

GBP/USD was trading at 1.5448, up 0.68% at time of writing.

The pair was likely to find support at 1.5329, Thursday's low, and resistance at 1.5756, Monday's high.

Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 0.26% to hit 0.8751 and GBP/JPY rising 0.74% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – EUR/GBP Down During The European Session

Posted: 23 Sep 2011 12:15 AM PDT

Forexpros – The Euro was lower against the British Pound on Friday.

EUR/GBP was trading at 0.8760, down 0.16% at time of writing.

The pair was likely to find support at 0.8671, Monday's low, and resistance at 0.8795, Wednesday's high.

Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.34% to hit 1.3509 and EUR/JPY rising 0.34% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Momentum Stock: Coflax Corp.

Posted: 22 Sep 2011 11:05 PM PDT

 
COLFAX CORP (CFX): Free Stock Analysis … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Bear Of The Day: Corning, Inc. (GLW)

Posted: 22 Sep 2011 11:05 PM PDT

Corning, Inc. (NYSE:GLW) is a leading developer of advanced glass substrates for multiple markets. June quarter earnings beat the Zacks Consensus Estimate by a penny, but guidance was soft, reflecting inventory builds at TV manufacturers, which impacted both the Display and Specialty Materials segments.
We continue to believe in Corning’s longer-term prospects, especially with respect to GG and strong position at OEMs. However, while efforts to diversify operations continue, Corning remains highly … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Growth & Income Stock: American Campus Communities, Inc.

Posted: 22 Sep 2011 11:05 PM PDT

 
AMER CAMPUS CTY (ACC): Free Stock Analysis … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – EUR/USD Up During The Asian Session

Posted: 22 Sep 2011 10:55 PM PDT

Forexpros – The Euro was higher against the U.S. Dollar on Friday.

EUR/USD was trading at 1.3483, up 0.15% at time of writing.

The pair was likely to find support at 1.3386, Thursday's low, and resistance at 1.3798, Wednesday's high.

Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.11% to hit 0.8764 and EUR/JPY rising 0.23% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – GBP/USD Up In Asian Trade

Posted: 22 Sep 2011 10:25 PM PDT

Forexpros – The British Pound was higher against the U.S. Dollar on Friday.

GBP/USD was trading at 1.5394, up 0.33% at time of writing.

The pair was likely to find support at 1.5329, Thursday's low, and resistance at 1.5756, Monday's high.

Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 0.03% to hit 0.8771 and GBP/JPY rising 0.49% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – Dollar Lower In Mid-day Asian Trade

Posted: 22 Sep 2011 08:20 PM PDT

Forexpros –
Forexpros – The U.S. dollar moved lower against its major counterparts in Asian trade Friday, as finance officials from the Group of 20 nations issued a surprise statement expressing solidarity in an effort to revive the global economy.
In mid-day Asian trade, the greenback was lower against the euro, with EUR/USD rising 0.52% to hit 1.3533.
In a release late Thursday after discussions in Washington, G-20 officials said they were "committed to a strong and coordinated … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – USD/JPY Rises In Mid-day Asian Trade

Posted: 22 Sep 2011 07:47 PM PDT

Forexpros –
Forexpros – The U.S. dollar moved higher against the Japanese yen in Asian trade Friday, as investors flocked to the safe-haven greenback in the wake of sharp declined in global equities.
In mid-day Asian trade USD/JPY hit 76.36, the pair's highest since Thursday; the pair subsequently consolidated at 76.29, gaining 0.09%.
The pair was likely to find support at 75.97, the low of August 19, and resistance at 77.58 last Monday's high.
At the conclusion of its Federal Open Market … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


It Makes You Wonder

Posted: 22 Sep 2011 07:36 PM PDT

In “Burger Flippers, Babysitting Grandmas Show Recession Lives On,” Bloomberg details where things stand for the average American.
Americans flipped more burgers, rented more homes, used less-expensive heating fuel and asked for more government help last year, the U.S. Census Bureau says.
More people worked fewer hours for less money. Fewer couples got married, and more grandparents cared for their grandchildren. Fewer children attended preschool, and more adults enrolled in graduate … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Asian Stocks Fall In Early Trade; Hang Seng Sheds 1.8%

Posted: 22 Sep 2011 07:04 PM PDT

Forexpros –
Forexpros – Asian stocks fell in Friday trade, after steep drops on global equity markets shaken by fears of worsening European debt and dimming prospects for the U.S. economy.
During early Asian trade, Hong Kong's Hang Seng Index sank 1.82% to 17,585.79, while Australia's S&P/ASX 200 dropped 1.26% to 3,915.50.
Tokyo markets were closed for the Autumnal Equinox Holiday.
Wall Street shares suffered a day of sharp sell-offs, after the U.S. Federal Reserve said that it … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Regulation As A Tax

Posted: 22 Sep 2011 06:46 PM PDT

I recently participated in a panel discussion on Dodd-Frank and was asked to give a "big-picture" view of the likely impact of the whole thing rather than discuss details of individual components. I don't have notes from that discussion, but here are some big-picture points that I tried to make.
Regulation may be thought of as a tax.
The night before the vote on Dodd-Frank, new Senator Scott Brown discovered a $19 billion tax increase in its text and declared that he couldn't vote for … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – AUD/USD Rises In Early Asian Trade

Posted: 22 Sep 2011 06:16 PM PDT

Forexpros –
Forexpros – The Australian dollar was higher against the U.S. dollar Friday, regaining ground lost when investors fled to the safe-haven greenback in light of a downturn in global equities.
AUD/USD hit 0.9864 in early Asian trade, the pair's highest Thursday; the pair subsequently consolidated at 0.9834, rising 0.95%.
The pair was likely to find support at 0.9692, Thursday's low, and resistance at 1.0317, Monday's high.
The U.S. Federal Reserve said that it foresaw … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Crude Oil Rebounds In Early Asian Trade

Posted: 22 Sep 2011 05:44 PM PDT

Forexpros –
Forexpros – Crude oil futures moved higher in Asian trade Friday, reclaiming a portion of losses suffered due to fears of diminished demand from the world's top two energy consumers.
On the New York Mercantile Exchange light, sweet crude futures for October delivery traded at USD81.22 a barrel during early Asian trade, gaining 1.17%, after hitting a daily low of USD80.21.
Earlier Thursday, crude futures fell to a four-week low following the decision by the U.S. Federal Reserve … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


USD/JPY Up In European Trade

Posted: 22 Sep 2011 03:32 PM PDT

By ForexMansion.com
Forexpros – The U.S. Dollar was higher against the Japanese Yen on Friday.
USD/JPY was trading at 76.24, up 0.01% at time of writing.
The pair was likely to find support at 76.11, Thursday's low, and resistance at 76.98, Monday's high.
Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.46% to hit 1.3525 and GBP/USD rising 0.76% to hit 1.5461.
Forexpros

About ForexMansion.com:

The Finance Mansion Network operates a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


EUR/USD Up In European Trading Hours

Posted: 22 Sep 2011 03:02 PM PDT

By ForexMansion.com
Forexpros – The Euro was higher against the U.S. Dollar on Friday.
EUR/USD was trading at 1.3547, up 0.62% at time of writing.
The pair was likely to find support at 1.3386, Thursday's low, and resistance at 1.3798, Wednesday's high.
Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.10% to hit 0.8765 and EUR/JPY rising 0.64% to hit 103.30.
Forexpros

About ForexMansion.com:

The Finance Mansion Network … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


GBP/USD Up During The European Session

Posted: 22 Sep 2011 02:33 PM PDT

By ForexMansion.com
Forexpros – The British Pound was higher against the U.S. Dollar on Friday.
GBP/USD was trading at 1.5448, up 0.68% at time of writing.
The pair was likely to find support at 1.5329, Thursday's low, and resistance at 1.5756, Monday's high.
Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 0.26% to hit 0.8751 and GBP/JPY rising 0.74% to hit 117.84.
Forexpros

About ForexMansion.com:

The Finance Mansion Network operates a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


EUR/GBP Down During The European Session

Posted: 22 Sep 2011 01:33 PM PDT

By ForexMansion.com
Forexpros – The Euro was lower against the British Pound on Friday.
EUR/GBP was trading at 0.8760, down 0.16% at time of writing.
The pair was likely to find support at 0.8671, Monday's low, and resistance at 0.8795, Wednesday's high.
Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.34% to hit 1.3509 and EUR/JPY rising 0.34% to hit 102.98.
Forexpros

About ForexMansion.com:

The Finance Mansion Network operates a global … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


EUR/USD Up During The Asian Session

Posted: 22 Sep 2011 12:03 PM PDT

By ForexMansion.com
Forexpros – The Euro was higher against the U.S. Dollar on Friday.
EUR/USD was trading at 1.3483, up 0.15% at time of writing.
The pair was likely to find support at 1.3386, Thursday's low, and resistance at 1.3798, Wednesday's high.
Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.11% to hit 0.8764 and EUR/JPY rising 0.23% to hit 102.87.
Forexpros

About ForexMansion.com:

The Finance Mansion Network … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


GBP/USD Up In Asian Trade

Posted: 22 Sep 2011 11:32 AM PDT

By ForexMansion.com
Forexpros – The British Pound was higher against the U.S. Dollar on Friday.
GBP/USD was trading at 1.5394, up 0.33% at time of writing.
The pair was likely to find support at 1.5329, Thursday's low, and resistance at 1.5756, Monday's high.
Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 0.03% to hit 0.8771 and GBP/JPY rising 0.49% to hit 117.54.
Forexpros

About ForexMansion.com:

The Finance Mansion Network operates a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – Dollar Lower In Mid-day Asian Trade

Posted: 22 Sep 2011 09:32 AM PDT

By ForexMansion.com
Forexpros –
Forexpros – The U.S. dollar moved lower against its major counterparts in Asian trade Friday, as finance officials from the Group of 20 nations issued a surprise statement expressing solidarity in an effort to revive the global economy.
In mid-day Asian trade, the greenback was lower against the euro, with EUR/USD rising 0.52% to hit 1.3533.
In a release late Thursday after discussions in Washington, G-20 officials said they were "committed to a strong and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


USD/JPY Rises In Mid-day Asian Trade

Posted: 22 Sep 2011 09:02 AM PDT

By ForexMansion.com
Forexpros –
Forexpros – The U.S. dollar moved higher against the Japanese yen in Asian trade Friday, as investors flocked to the safe-haven greenback in the wake of sharp declined in global equities.
In mid-day Asian trade USD/JPY hit 76.36, the pair's highest since Thursday; the pair subsequently consolidated at 76.29, gaining 0.09%.
The pair was likely to find support at 75.97, the low of August 19, and resistance at 77.58 last Monday's high.
At the conclusion of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Asian Stocks Fall In Early Trade; Hang Seng Sheds 1.8%

Posted: 22 Sep 2011 08:32 AM PDT

By ForexMansion.com
Forexpros –
Forexpros – Asian stocks fell in Friday trade, after steep drops on global equity markets shaken by fears of worsening European debt and dimming prospects for the U.S. economy.
During early Asian trade, Hong Kong's Hang Seng Index sank 1.82% to 17,585.79, while Australia's S&P/ASX 200 dropped 1.26% to 3,915.50.
Tokyo markets were closed for the Autumnal Equinox Holiday.
Wall Street shares suffered a day of sharp sell-offs, after the U.S. Federal … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


AUD/USD Rises In Early Asian Trade

Posted: 22 Sep 2011 07:32 AM PDT

By ForexMansion.com
Forexpros –
Forexpros – The Australian dollar was higher against the U.S. dollar Friday, regaining ground lost when investors fled to the safe-haven greenback in light of a downturn in global equities.
AUD/USD hit 0.9864 in early Asian trade, the pair's highest Thursday; the pair subsequently consolidated at 0.9834, rising 0.95%.
The pair was likely to find support at 0.9692, Thursday's low, and resistance at 1.0317, Monday's high.
The U.S. Federal Reserve said … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Crude Oil Rebounds In Early Asian Trade

Posted: 22 Sep 2011 07:03 AM PDT

By ForexMansion.com
Forexpros –
Forexpros – Crude oil futures moved higher in Asian trade Friday, reclaiming a portion of losses suffered due to fears of diminished demand from the world's top two energy consumers.
On the New York Mercantile Exchange light, sweet crude futures for October delivery traded at USD81.22 a barrel during early Asian trade, gaining 1.17%, after hitting a daily low of USD80.21.
Earlier Thursday, crude futures fell to a four-week low following the decision by the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Gold Futures Advance In Early Asian Trade

Posted: 22 Sep 2011 06:32 AM PDT

By ForexMansion.com
Forexpros –
Forexpros – Gold futures moved higher in Asian trade Friday, bouncing back from a four-day low after the Federal Reserve painted a bleak picture of the U.S. economy.
On the Comex division of the New York Mercantile Exchange, gold futures for October delivery traded at USD1,742.35 a troy ounce during early Asian trade, up 0.17%, after hitting a low of USDS1,735.25.
On Thursday, the U.S. Federal Reserve said that it foresaw "significant downside risks" in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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