Thursday, November 24, 2011

DailyMarkets.com - Forex – GBP/JPY Up In Asian Trade

DailyMarkets.com - Forex – GBP/JPY Up In Asian Trade


Forex – GBP/JPY Up In Asian Trade

Posted: 24 Nov 2011 05:05 PM PST

Forexpros – The British Pound was higher against the Japanese Yen on Friday after the release of Japanese data on Tokyo Core CPI.

GBP/JPY was trading at 119.55, up 0.05% at time of writing.

The pair was likely to find support at 119.39, Thursday's low, and resistance at 121.24, Monday's high.

Earlier in the day, official data showed that Tokyo's core consumer price inflation fell unexpectedly to at annualized rate of -0.5% last month from -0.4% in the preceding month.

Analysts had … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – USD/JPY Up On Economic Data

Posted: 24 Nov 2011 03:50 PM PST

Forexpros – The U.S. Dollar was higher against the Japanese Yen on Thursday after the release of Japanese data on Tokyo Core CPI.

USD/JPY was trading at 77.19, up 0.09% at time of writing.

The pair was likely to find support at 76.77, Monday's low, and resistance at 77.58, Wednesday's high.

Earlier in the day, official data showed that Tokyo's core consumer price inflation fell unexpectedly to at annualized rate of -0.5% last month from -0.4% in the preceding month.

Analysts had … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Tokyo’s Core Consumer Price Inflation Falls Unexpectedly

Posted: 24 Nov 2011 03:45 PM PST

Forexpros – Tokyo's core consumer price inflation fell unexpectedly last month, official data showed on Thursday.

In a report, the Statistics Bureau said that Tokyo's core CPI, which excludes fresh food costs fell to at an annualized rate of -0.5%, from -0.4% in the preceding month.

Analysts had expected Tokyo's core CPI to rise to -0.3% last … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


The F.C.C., Jobs, And Rainbow Stew

Posted: 24 Nov 2011 02:25 PM PST

"When they find out how to burn water,
And the gasoline car is gone.
When an airplane flies without any fuel,
And the sunlight heats our home.
One of these days when the air clears up,
And the sun comes shinin' through.
We'll all be drinkin' free bubble-up,
An' eatin' that rainbow … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – EUR/USD Up At The End Of U.S. Session

Posted: 24 Nov 2011 01:55 PM PST

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

EUR/USD was trading at 1.3346, up 0.03% at time of writing.

The pair was likely to find support at 1.3317, today's low, and resistance at 1.3568, Tuesday's high.

Meanwhile, the Euro was up against the British Pound and down against the Japanese Yen, with EUR/GBP gaining 0.23% to hit 0.8614 and EUR/JPY falling 0.20% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – USD/JPY Down Toward The End Of U.S. Session

Posted: 24 Nov 2011 01:40 PM PST

Forexpros – The U.S. Dollar was lower against the Japanese Yen on Thursday.

USD/JPY was trading at 77.10, down 0.27% at time of writing.

The pair was likely to find support at 76.77, Monday's low, and resistance at 77.58, Wednesday's high.

Meanwhile, the U.S. Dollar was down against the Euro and up against the British Pound, with EUR/USD gaining 0.03% to hit 1.3345 and GBP/USD falling 0.19% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – EUR/USD Up Toward The End Of U.S. Session

Posted: 24 Nov 2011 01:25 PM PST

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

EUR/USD was trading at 1.3348, up 0.04% at time of writing.

The pair was likely to find support at 1.3317, today's low, and resistance at 1.3568, Tuesday's high.

Meanwhile, the Euro was up against the British Pound and down against the Japanese Yen, with EUR/GBP gaining 0.24% to hit 0.8614 and EUR/JPY falling 0.23% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Hottest Stocks To Keep An Eye On

Posted: 24 Nov 2011 01:00 PM PST

( click to enlarge )

Royale Energy (NASDAQ:ROYL) gained more than 17 percent on Wednesday after the company announced that it has made two more natural gas discoveries in its core area.  Looking at the technical chart the stock looks really bullish as it is trading above 20 day moving average and the 20-day MA crossed above 50-day MA recently. Two strong days in the stock have produced a breakout on the chart. The stock seems to have broken a bull pennant pattern on Wednesday, which could … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – GBP/USD Down During The U.S. Session

Posted: 24 Nov 2011 12:55 PM PST

Forexpros – The British Pound was lower against the U.S. Dollar on Thursday.

GBP/USD was trading at 1.5498, down 0.18% at time of writing.

The pair was likely to find support at 1.5485, today's low, and resistance at 1.5801, Monday's high.

Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.21% to hit 0.8612 and GBP/JPY falling 0.43% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – USD/CAD Down In U.S. Trading Hours

Posted: 24 Nov 2011 12:00 PM PST

Forexpros – The U.S. Dollar was lower against the Canadian Dollar on Thursday.

USD/CAD was trading at 1.0468, down 0.19% at time of writing.

The pair was likely to find support at 1.0271, Monday's low, and resistance at 1.0497, Wednesday's high.

Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.07% to hit 1.3333 and GBP/USD falling 0.23% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Daily Indices Update: France 40 (F40)

Posted: 24 Nov 2011 04:02 AM PST

By ForexMansion.com
by, James A. Hyerczyk
After several attempts to break it lower, the France 40 (F40) index CFD formed the support line of a rectangle chart pattern on the 30-minute chart. The size of the distance between the identified support and resistance levels and the suggested stop loss point under the recent bottom, make this an attractive chart pattern for the aggressive swing trader.

This chart pattern is rated an average 5-bars. The initial trend which measures the strength of the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Daily Commodities Update: Live Cattle

Posted: 24 Nov 2011 01:32 AM PST

By ForexMansion.com

By Jonah S. Ford
Live Cattle futures pushed higher to complete the most recent leg up inside a Channel Down chart pattern. The move executed a breakout on the Autochartist 240-minute chart illustrated here, marking a potential transition out of the channel and into a new rally.

The market broke out above the $121.00 per hundredweight to overcome the trend line resistance and closed well. The Channel Down chart pattern scores very high in all fields, with an overall Quality … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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