DailyMarkets.com - Forex Trading: USD/CNH Out Of Channel Above 100 Day

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• Forex Trading: USD/CNH Out Of Channel Above 100 Day
• Forex – USD/JPY Up On Economic Data
• Japan’s Tankan Manufcaturing Index Rises
• Yo, For Real – Ali G Interviews Andy Rooney In 2004
• Charles Nenner And Harry Dent Jr 2012 Cycle Bears – Part Six
• Forex – AUD/USD Up During The Asian Session
• Forex Trading: EURUSD Moves Lower On Further Weekend Greece News
• Debit Card Blues–Connecting The Dots
• Forex – NZD/USD Up During The Asian Session
• Forex – GBP/USD Down During The Asian Session
• Forex – USD/JPY Up In Asian Trade
• Forex – EUR/USD Down During The Asian Session
• Weekly Index Update: AUSTRALIA 200 (AUS200)
• Weekly ASX Update: Bradken Limited (BRN.AX)
• Japan’s Tankan Manufcaturing Index Rises
• Daily Indices Update: USTEC
• AUD/USD Up During The Asian Session
• NZD/USD Up During The Asian Session
• GBP/USD Down During The Asian Session
• USD/JPY Up In Asian Trade
• EUR/USD Down During The Asian Session
• Daily Commodities Update: US Crude Oil
• Weekly Commodities Update: Gold

Forex Trading: USD/CNH Out Of Channel Above 100 Day Posted: 02 Oct 2011 05:34 PM PDT The USD/CNH pair is slightly softer to start the trading week, helped out by the People's Bank of China setting the strongest reference rate on record for the Yuan last Friday to prevent the currency from weakening to a level that would attract more buyers. (The set reference rate allows the Yuan to trade 0.5% higher or lower off the set level.) On the chart below we see that since breaking out of the channel its has held for about a year, the USDCNH pair seems to be supported by the 100 day … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/JPY Up On Economic Data Posted: 02 Oct 2011 05:05 PM PDT Forexpros – The U.S. Dollar was higher against the Japanese Yen on Monday after the release of Japanese data on Tankan Large Manufacturers Index. USD/JPY was trading at 77.18, up 0.17% at time of writing. The pair was likely to find support at 76.34, Wednesday's low, and resistance at 77.27, Monday's high. Earlier in the day, official data showed that Japan's Tankan manufacturing index rose to a seasonally adjusted 2 in the last quarter from -9 in the preceding quarter. Analysts had … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Japan’s Tankan Manufcaturing Index Rises Posted: 02 Oct 2011 05:00 PM PDT Forexpros – Japan's Tankan manufacturing index rose in the last quarter, official data showed on Sunday. In a report, Bank of Japan said that Tankan Manufacturing index rose to a seasonally adjusted 2, from -9 in the preceding quarter. Analysts had expected Tankan Manufacturing index to rise to 2 in the last … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Yo, For Real – Ali G Interviews Andy Rooney In 2004 Posted: 02 Oct 2011 04:44 PM PDT Ali G’s 2004 interview with Andy Rooney didn’t go so well.  Watch Andy Rooney end the interview, leading Ali G to accuse the crabby, cantankerous, crotchety, CBS curmudgeon of being a “racialist.” … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Charles Nenner And Harry Dent Jr 2012 Cycle Bears – Part Six Posted: 02 Oct 2011 04:28 PM PDT Harry Dent listed as a catalyst for another recession 2011/12 was to be a further drop in housing. Garry Shilling confirmed this thesis in part two. But it looks like FICO has just blown the kick off whistle! Click part one and part two below for a refresher on the housing story FICO Yahoo Tech Ticker 20110930 Previous Posts Charles Nenner and Harry Dent Jr 2012 cycle bears – Part One Charles Nenner and Harry Dent Jr 2012 cycle bears – Part Two Charles Nenner and Harry Dent Jr 2012 cycle … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – AUD/USD Up During The Asian Session Posted: 02 Oct 2011 04:25 PM PDT Forexpros – The Australian Dollar was higher against the U.S. Dollar on Sunday. AUD/USD was trading at 0.9692, up 0.31% at time of writing. The pair was likely to find support at 0.9658, today's low, and resistance at 0.9986, Tuesday's high. Meanwhile, the Australian Dollar was up against the Euro and the Japanese Yen, with EUR/AUD shedding 0.51% to hit 1.3787 and AUD/JPY rising 0.51% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: EURUSD Moves Lower On Further Weekend Greece News Posted: 02 Oct 2011 04:11 PM PDT Greece acknowledged that they will miss deficit cutting targets for 2011 over the weekend but also agreed to slash government jobs as a way to appease the international creditors. The deficit for 2011 is expected to be 18.69 billion Euros, surpassing the 17.1 billion target.  In response, the government is budgetting for 6.6 billion in new austerity measures in 2011 and 2012 to get the budget back in line. Included will be a transfer of 30,000 jobs to a "labor reserve" at pay as much … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Debit Card Blues–Connecting The Dots Posted: 02 Oct 2011 03:52 PM PDT Conversation at my suburban barber shop is as rare as it is with my seat mates on airplanes these days, but yesterday a real conversation broke out. What had people all riled up was Bank of America's announcement of a $5 per month fee for using your debit cards. The consensus was that it was outrageous, since it was for using their own money. Several vowed to change banks. I knew better than to mention the connection to the Durbin Amendment or even Dodd-Frank, but I did mention recent … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – NZD/USD Up During The Asian Session Posted: 02 Oct 2011 03:50 PM PDT Forexpros – The New Zealand Dollar was higher against the U.S. Dollar on Sunday. NZD/USD was trading at 0.7630, up 0.20% at time of writing. The pair was likely to find support at 0.7608, Friday's low, and resistance at 0.7958, Tuesday's high. Meanwhile, the New Zealand Dollar was up against the Australian Dollar and the Euro, with AUD/NZD shedding 0.06% to hit 1.2683 and EUR/NZD falling 0.42% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – GBP/USD Down During The Asian Session Posted: 02 Oct 2011 03:30 PM PDT Forexpros – The British Pound was lower against the U.S. Dollar on Sunday. GBP/USD was trading at 1.5574, down 0.07% at time of writing. The pair was likely to find support at 1.5528, Tuesday's low, and resistance at 1.5716, Thursday's high. Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 0.19% to hit 0.8574 and GBP/JPY rising 0.19% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/JPY Up In Asian Trade Posted: 02 Oct 2011 03:00 PM PDT Forexpros – The U.S. Dollar was higher against the Japanese Yen on Sunday. USD/JPY was trading at 77.14, up 0.11% at time of writing. The pair was likely to find support at 76.27, Tuesday's low, and resistance at 77.20, Friday's high. Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.32% to hit 1.3344 and GBP/USD falling 0.06% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Down During The Asian Session Posted: 02 Oct 2011 02:25 PM PDT Forexpros – The Euro was lower against the U.S. Dollar on Sunday. EUR/USD was trading at 1.3358, down 0.23% at time of writing. The pair was likely to find support at 1.3348, today's low, and resistance at 1.3690, Wednesday's high. Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.06% to hit 0.8584 and EUR/JPY falling 0.19% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Weekly Index Update: AUSTRALIA 200 (AUS200) Posted: 02 Oct 2011 06:03 AM PDT By ForexMansion.com by, James A. Hyerczyk Renewed selling pressure following a failed attempt to drive equity markets higher has led to a breakout to the downside in the Australia 200 (AUS200) index CFD. After topping out earlier in the week, the index CFD gradually formed a series of lower-tops and lower-bottoms before triggering its break of the support line of a 240-minute triangle chart pattern. This could be indicating the start of a further sell-off with the Autochartist forecast zone at … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Weekly ASX Update: Bradken Limited (BRN.AX) Posted: 02 Oct 2011 06:03 AM PDT By ForexMansion.com by, James A. Hyerczyk Following a series of lower-highs and lower-lows, clearly indicative of a downtrend, Bradken Limited (BRN.AX) broke out to the downside of a pennant chart pattern on the 60-minute chart. This move indicates the start of a possible break to the Autochartist target zone at 6.45 to 6.28. The overall quality rating is an average 5-bars. The initial trend rating is the maximum 10-bars. This indicates a very strong downtrend before the pattern began. The … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Japan’s Tankan Manufcaturing Index Rises Posted: 02 Oct 2011 06:03 AM PDT By ForexMansion.com Forexpros – Japan's Tankan manufacturing index rose in the last quarter, official data showed on Sunday. In a report, Bank of Japan said that Tankan Manufacturing index rose to a seasonally adjusted 2, from -9 in the preceding quarter. Analysts had expected Tankan Manufacturing index to rise to 2 in the last quarter. Forexpros About ForexMansion.com: The Finance Mansion Network operates a global financial network of websites including ForexMansion.com – All about … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Daily Indices Update: USTEC Posted: 02 Oct 2011 06:03 AM PDT By ForexMansion.com by, James A. Hyerczyk A late session break in the U.S. equity markets sent the USTEC index CFD through the support line of a triangle chart pattern on the 240 minute chart. This market formed its top early in the trading session, then following a series of lower lows throughout the day, began to accelerate into the close. Traders hit the market hard because of uncertainty and the fear of holding large positions over the week-end, in addition, quarterly window-dressing by … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

AUD/USD Up During The Asian Session Posted: 02 Oct 2011 05:31 AM PDT By ForexMansion.com Forexpros – The Australian Dollar was higher against the U.S. Dollar on Sunday. AUD/USD was trading at 0.9692, up 0.31% at time of writing. The pair was likely to find support at 0.9658, today's low, and resistance at 0.9986, Tuesday's high. Meanwhile, the Australian Dollar was up against the Euro and the Japanese Yen, with EUR/AUD shedding 0.51% to hit 1.3787 and AUD/JPY rising 0.51% to hit 74.82. Forexpros About ForexMansion.com: The Finance Mansion Network … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

NZD/USD Up During The Asian Session Posted: 02 Oct 2011 05:02 AM PDT By ForexMansion.com Forexpros – The New Zealand Dollar was higher against the U.S. Dollar on Sunday. NZD/USD was trading at 0.7630, up 0.20% at time of writing. The pair was likely to find support at 0.7608, Friday's low, and resistance at 0.7958, Tuesday's high. Meanwhile, the New Zealand Dollar was up against the Australian Dollar and the Euro, with AUD/NZD shedding 0.06% to hit 1.2683 and EUR/NZD falling 0.42% to hit 1.7508. Forexpros About ForexMansion.com: The Finance Mansion … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

GBP/USD Down During The Asian Session Posted: 02 Oct 2011 04:32 AM PDT By ForexMansion.com Forexpros – The British Pound was lower against the U.S. Dollar on Sunday. GBP/USD was trading at 1.5574, down 0.07% at time of writing. The pair was likely to find support at 1.5528, Tuesday's low, and resistance at 1.5716, Thursday's high. Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 0.19% to hit 0.8574 and GBP/JPY rising 0.19% to hit 120.30. Forexpros About ForexMansion.com: The Finance Mansion Network operates … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

USD/JPY Up In Asian Trade Posted: 02 Oct 2011 04:03 AM PDT By ForexMansion.com Forexpros – The U.S. Dollar was higher against the Japanese Yen on Sunday. USD/JPY was trading at 77.14, up 0.11% at time of writing. The pair was likely to find support at 76.27, Tuesday's low, and resistance at 77.20, Friday's high. Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.32% to hit 1.3344 and GBP/USD falling 0.06% to hit 1.5574. 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 Down During The Asian Session Posted: 02 Oct 2011 03:32 AM PDT By ForexMansion.com Forexpros – The Euro was lower against the U.S. Dollar on Sunday. EUR/USD was trading at 1.3358, down 0.23% at time of writing. The pair was likely to find support at 1.3348, today's low, and resistance at 1.3690, Wednesday's high. Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.06% to hit 0.8584 and EUR/JPY falling 0.19% to hit 102.96. Forexpros About ForexMansion.com: The Finance Mansion Network operates a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Daily Commodities Update: US Crude Oil Posted: 02 Oct 2011 01:31 AM PDT By ForexMansion.com By Jonah S. Ford Crude Oil futures slipped below the pivotal $80 per barrel mark in Friday's session, leading the entire commodities complex deeper into what is beginning to look like a new bear market. The energy sector had been in lockstep with the precious and industrial metals on the way up, and the recent bout of selling has seen both sectors break down in unison as well.     Friday's decline triggered a technical breakout from a longstanding Triangle … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Weekly Commodities Update: Gold Posted: 02 Oct 2011 01:02 AM PDT By ForexMansion.com By Jonah S. Ford The price of gold has been keeping precious metals traders on their toes over the last several weeks, as record setting volatility drives large moves in both directions. Gold has seen very large daily ranges and major swings in both directions to close out the month of September near an equilibrium point near $1,620 per ounce. The dramatic drop from the highs above $1,900 per ounce was fueled in part by the rise in the US Dollar as investors withdrew their … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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