DailyMarkets.com - Forex Trading: USDSGD Trades Off Top Channel

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• Forex Trading: USDSGD Trades Off Top Channel
• Forex Trading: USDCNH Continuing To Consolidate
• Forex Trading: Usd/cnh Still Trading In A Downward Channel
• Can Aging Population Explain Income Stagnation?
• Japan’s Trade Balance Falls Less-than-expected
• Forex – GBP/JPY Up In Asian Trading Hours
• MLB Facts
• Forex – NZD/USD Down During The Asian Session
• Forex – GBP/USD Down During The Asian Session
• Reference Charts On Dual Intraday Divergence Reversals
• Forex – USD/JPY Down In Asian Trade
• Forex – EUR/USD Down During The Asian Session
• The Eurozone Wags The Gold & Silver Dog
• Weekly ASX Update: Om Holdings Limited FPO 10C (OMH.AX)
• Daily FTSE Technical Update
• Daily Commodities Update: Sugar
• Weekly Commodities Update: Gold

Forex Trading: USDSGD Trades Off Top Channel Posted: 23 Oct 2011 05:34 PM PDT The USDSGD channel below we have been reviewing for the last few weeks has continued to hold despite a number of tests to the upside last Friday to close the trading week. A break above could lead toward the recent October … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: USDCNH Continuing To Consolidate Posted: 23 Oct 2011 05:34 PM PDT After a few whirl wind few weeks for the USDCNH pair, the rhetoric from the US has been somewhat subdued as it has from China as world economic leaders concentrate on the imminent threat out of Europe. The wedge is however closing rapidly and the pair is consolidating between the 4-100hr and 4-200hr mavg's as we see EU leaders over the weekend rule out a larger role for the ECB in dealing with the banking and sovereign debt … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: Usd/cnh Still Trading In A Downward Channel Posted: 23 Oct 2011 05:34 PM PDT usd/cnh is still trading in this downward … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Can Aging Population Explain Income Stagnation? Posted: 23 Oct 2011 05:05 PM PDT Since 1970, the number of retired workers receiving Social Security has increased by 159% from 13.35 million to 34.59 million.  During the same period, the number of active employed workers increased by less than half that amount, by 76.8% from 78.7 million to 139 million.  The fact that retired workers have increased so significantly relative to active workers since 1970 can be explained by advances in medical care that have increased life expectancy by 20 years since 1930. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Japan’s Trade Balance Falls Less-than-expected Posted: 23 Oct 2011 05:00 PM PDT Forexpros – Japan' trade balance fell less-than-expected last month, official data showed on Sunday. In a report, the Ministry of Finance said that the country's trade balance fell to a seasonally adjusted -0.02T, from -0.29T in the preceding month. Analysts had expected the trade balance to fall -0.11T last … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – GBP/JPY Up In Asian Trading Hours Posted: 23 Oct 2011 04:55 PM PDT Forexpros – The British Pound was higher against the Japanese Yen on Sunday. GBP/JPY was trading at 121.82, up 0.17% at time of writing. The pair was likely to find support at 120.00, Tuesday's low, and resistance at 122.08, Friday's high. Meanwhile, the British Pound was down against the U.S. Dollar and up against the Euro, with GBP/USD shedding 0.06% to hit 1.5942 and EUR/GBP falling 0.31% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

MLB Facts Posted: 23 Oct 2011 04:23 PM PDT MLB players make 1,000 times more than the workers in Costa Rica who make their baseballs. 1. Average 2011 salary for the St. Louis Cardinals: $3.9 million 2. Highest 2011 salary for the St. Louis Cardinals: $16.3 million (Matt Holliday, started at $366,000 in 2005) ) 3. Average 2011 salary for the Texas Rangers: $3.2 million    4. Highest 2011 salary for the Texas Rangers: $16.2 million (Michael Young, started at $250,000 in 2002) 5. Average salary for the workers in Costa Rica … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – NZD/USD Down During The Asian Session Posted: 23 Oct 2011 03:50 PM PDT Forexpros – The New Zealand Dollar was lower against the U.S. Dollar on Sunday. NZD/USD was trading at 0.8014, down 0.24% at time of writing. The pair was likely to find support at 0.7862, Tuesday's low, and resistance at 0.8033, Friday's high. Meanwhile, the New Zealand Dollar was up against the Australian Dollar and the Euro, with AUD/NZD shedding 0.28% to hit 1.2879 and EUR/NZD falling 0.05% 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: 23 Oct 2011 03:30 PM PDT Forexpros – The British Pound was lower against the U.S. Dollar on Sunday. GBP/USD was trading at 1.5936, down 0.09% at time of writing. The pair was likely to find support at 1.5632, Tuesday's low, and resistance at 1.5974, Friday's high. Meanwhile, the British Pound was up against the Euro and down against the Japanese Yen, with EUR/GBP shedding 0.20% to hit 0.8695 and GBP/JPY falling 0.14% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Reference Charts On Dual Intraday Divergence Reversals Posted: 23 Oct 2011 03:27 PM PDT Mid-October gave us back-to-back examples of one of my favorite patterns and trade set-ups – that of the intraday trend reversal on clear positive dual divergences. We'll be using the @ES Futures as our proxy, but this example extends to any index futures contract or related ETF (including the leveraged funds). Let's take a moment to learn about this concept and see clear reference examples from October 20 and 21. Here's what we'll emphasize in this post: Positive Divergence in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/JPY Down In Asian Trade Posted: 23 Oct 2011 03:00 PM PDT Forexpros – The U.S. Dollar was lower against the Japanese Yen on Sunday. USD/JPY was trading at 76.20, down 0.12% at time of writing. The pair was likely to find support at 75.82, Friday's low, and resistance at 77.09, Thursday's high. Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.19% to hit 1.3869 and GBP/USD falling 0.03% 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: 23 Oct 2011 02:25 PM PDT Forexpros – The Euro was lower against the U.S. Dollar on Sunday. EUR/USD was trading at 1.3858, down 0.28% at time of writing. The pair was likely to find support at 1.3653, Tuesday's low, and resistance at 1.3901, Friday's high. Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.22% to hit 0.8692 and EUR/JPY falling 0.37% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Eurozone Wags The Gold & Silver Dog Posted: 23 Oct 2011 01:23 PM PDT If Greece defaults and the European situation begins to spin out of control where will money flow? It would not make sense for market participants to buy Euro's during a default regardless of whether the default it structured or not. In fact, it is more likely that European central banks and businesses would be looking to either hedge their Euro exposure or convert their cash positions to another currency all together. Some market pundits would argue that gold and silver would likely benefit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Weekly ASX Update: Om Holdings Limited FPO 10C (OMH.AX) Posted: 23 Oct 2011 06:02 AM PDT By ForexMansion.com by, James A. Hyerczyk OM Holdings Limited (OMH.AX) closed over the resistance line of a falling wedge chart pattern on the daily chart, signaling the start of a possible rally into the Autochartist target zone at .66 to .73. After bottoming in early October and consolidating for several weeks, the breakout over resistance is a strong sign that buyers have committed to the long side. This should help generate the upside momentum this equity CFD needs to reach the Autochartist … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Daily FTSE Technical Update Posted: 23 Oct 2011 06:02 AM PDT By ForexMansion.com by, James A. Hyerczyk After trading sideways with a slight bias to the upside for most of the week, the FTSE 100 index finally broke out of the congestion to finish slightly better for the week. The strong close and impressive rally on Friday has the FTSE in a position to rally further this week. The first level to overcome is the current high for the month at 5543.70. Since the market has been trading in a defensive mode since reaching this top, expectations are for an … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Daily Commodities Update: Sugar Posted: 23 Oct 2011 02:32 AM PDT By ForexMansion.com By Jonah S. Ford Sugar futures declined as anticipated and completed a breakout from a Channel Up chart pattern, with the minimum target projected by Autochartist now achieved. The minimum for the range has now seen a successful retest in the form of a double bottom at the 26.40 cents per pound level. This is approximately a 2 cents per pound decline from the swing high, with the market now showing support for a possible resumption of the uptrend in store for tomorrow's … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Weekly Commodities Update: Gold Posted: 23 Oct 2011 02:32 AM PDT By ForexMansion.com By Jonah S. Ford A series of higher highs has been forming in the gold futures since the market bottomed out near the $1,600 per ounce level. The duration of these higher highs has now established a well-defined uptrend on the short term charts, which bodes well for a possible continuation in the week ahead. Autochartist has detected a broadening Channel Up chart pattern, illustrated here on the 15-minute time interval, which sets out guidelines for trading the current … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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