DailyMarkets.com - Forex Trading: USD Firmer In Recent Trade

---

• Forex Trading: USD Firmer In Recent Trade
• Forex – USD/JPY Down In European Trade
• Forex – EUR/USD Down In European Trading Hours
• Forex – GBP/USD Down During The European Session
• Crude Oil, Gold Look To US Jobs Data And G20 For Direction Cues
• Forex – EUR/GBP Up During The European Session
• Asian Markets Close Higher; Nikkei Up 1.86%
• Aggressive Growth Stock: Cabela's Inc.
• Bear Of The Day: Plexus Corporation (PLXS)
• Bull Of The Day: Delta Air Lines (DAL)
• Growth & Income Stock: Wyndham Worldwide Corporation
• Momentum Stock: True Religion Apparel, Inc.
• Forex – EUR/USD Down During The Asian Session
• Forex – GBP/USD Down In Asian Trade
• Forex – EUR/CHF Up In Asian Trading Hours
• Forex – USD/CHF Up During Asian Trade
• Forex – EUR/GBP Up During The Asian Session
• Forex – USD/JPY Down During Asian Trade
• Chart Of The Day: Record GDP With -6.6m Workers
• Forex – USD/CAD Up In Asian Trading Hours
• “Time-Lapse Analysis” Instead Of Snapshot Shows That 57% Of Top 1% In 1996 Weren’t There In 2005
• Forex – AUD/USD Down During Asian Trade
• Forex – EUR/USD Down During The Asian Session
• Forex – EUR/JPY Down During Asian Trade
• Forex Trading: USDCNH Continues To Range
• Forex – GBP/JPY Down During The Asian Session
• Forex – EUR/USD Up In Asian Trade
• Daily FTSE Technical Update
• Daily Indices Update: Switzerland 20 (SWI20)

Forex Trading: USD Firmer In Recent Trade Posted: 04 Nov 2011 02:31 AM PDT There has been some risk aversion in the market recently with the USD/CAD testing session highs which come in at the 50.0% line on the move yesterday's high to the low. The next topside target is 1.01527; if resistance is found here we look back to the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/JPY Down In European Trade Posted: 04 Nov 2011 02:30 AM PDT Forexpros – The U.S. Dollar was lower against the Japanese Yen on Friday. USD/JPY was trading at 78.04, down 0.02% at time of writing. The pair was likely to find support at 75.58, Monday's low, and resistance at 79.53, Monday's high. Meanwhile, the U.S. Dollar was down against the Euro and up against the British Pound, with EUR/USD gaining 0.05% to hit 1.3830 and GBP/USD falling 0.24% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Down In European Trading Hours Posted: 04 Nov 2011 01:55 AM PDT Forexpros – The Euro was lower against the U.S. Dollar on Friday. EUR/USD was trading at 1.3791, down 0.23% at time of writing. The pair was likely to find support at 1.3609, Tuesday's low, and resistance at 1.4169, Monday's high. Meanwhile, the Euro was up against the British Pound and down against the Japanese Yen, with EUR/GBP gaining 0.02% to hit 0.8620 and EUR/JPY falling 0.24% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – GBP/USD Down During The European Session Posted: 04 Nov 2011 01:10 AM PDT Forexpros – The British Pound was lower against the U.S. Dollar on Friday. GBP/USD was trading at 1.6001, down 0.24% at time of writing. The pair was likely to find support at 1.5877, Thursday's low, and resistance at 1.6166, Monday's high. Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.09% to hit 0.8626 and GBP/JPY falling 0.25% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Crude Oil, Gold Look To US Jobs Data And G20 For Direction Cues Posted: 04 Nov 2011 12:49 AM PDT Talking Points Crude Oil Outlook Clouded by Indecisive Risk Sentiment Trends Gold May Rise Further if US Jobs Data Stokes QE3 Expectations WTI Crude Oil (NY Close): $94.07 // +1.56 // +1.69% S&P 500 stock index futures are flat, pointing to a clouded outlook for risk appetite and – by extension – for crude oil as traders wait for the US employment report and the outcome of the G20 summit in Cannes to come across the wires before showing directional commitment. For the former, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/GBP Up During The European Session Posted: 04 Nov 2011 12:15 AM PDT Forexpros – The Euro was higher against the British Pound on Friday. EUR/GBP was trading at 0.8631, up 0.15% at time of writing. The pair was likely to find support at 0.8548, Tuesday's low, and resistance at 0.8784, Monday's high. Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.04% to hit 1.3828 and EUR/JPY rising 0.07% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Asian Markets Close Higher; Nikkei Up 1.86% Posted: 04 Nov 2011 12:10 AM PDT Forexpros – Asian stocks were up after the closing bell on Friday. At the close of Asian trade, Japan's Nikkei 225 index rose 1.86%, Australia's S&P/ASX 200 index gained 2.62%, while Hong Kong's Hang Seng Index was trading 3.57% up. Meanwhile, the outlook for U.S. equity markets was mixed. Dow Jones Industrial Average futures indicated a gain of 0.08%, S&P 500 futures pointed to an increase of 0.04% and Nasdaq 100 futures indicated a fall of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Aggressive Growth Stock: Cabela's Inc. Posted: 03 Nov 2011 11:05 PM PDT Retailers have been hot lately and Cabela’s Inc (NYSE:CAB) is no exception. Shares are up nicely since being featured back in August, but what has changed since then? Company Description Cabela’s is a specialty retailer focusing on hunting, fishing, camping and other outdoor activities. The company has a well established catalog business as well as a growing number of retail outlets. Great Quarterly Report On Oct 27 Cabela’s reported third-quarter results that showed a 6.2% increase in the top … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bear Of The Day: Plexus Corporation (PLXS) Posted: 03 Nov 2011 11:05 PM PDT Plexus Corporation (NASDAQ:PLXS) reported mixed fourth quarter 2011 financial results. The company beat the Zacks Consensus Estimate of $0.50 per share but fell shy of the revenue expectation of $540.0 million. Plexus continues to face cut-throat competition in the EMS market, where component shortages and supply chain constraints are increasing operational complexities. Moreover, Plexus continues to invest in new sites and increasing headcount that may affect profitability in the near term. We … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bull Of The Day: Delta Air Lines (DAL) Posted: 03 Nov 2011 11:05 PM PDT We are upgrading our recommendation on Delta Air Lines (NYSE:DAL) to Outperform based on third quarter results, which matched the Zacks Consensus Estimate, and continuous cost reduction initiatives. Despite soaring fuel prices, earnings on a GAAP basis climbed on fare hikes, capacity cuts and unbundled offerings. Delta continues to make efforts to reduce its operating expenses, including both fuel and non-fuel costs. The company is also progressing well on upgrading seats, replacing older planes … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Growth & Income Stock: Wyndham Worldwide Corporation Posted: 03 Nov 2011 11:05 PM PDT Wyndham Worldwide Corporation (NYSE:WYN) carried its strong momentum into the third quarter of 2011 and delivered a 7% positive earnings surprise on 14% revenue growth. Management raised its guidance for the remainder of the year and also provided solid guidance for 2012. This prompted analysts to revise their estimates higher, sending the stock to a Zacks #1 Rank (Strong Buy) stock. Wyndham also generated 24% more free cash flow than in the same quarter in 2010. It has been using that cash to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Momentum Stock: True Religion Apparel, Inc. Posted: 03 Nov 2011 11:05 PM PDT True Religion Apparel, Inc. (TRLG) is making believers out of its shareholders, recently hitting a new all-time high after rallying more than 44% in October. With another strong quarter in the bag and estimates of the rise, this Zacks #1 Rank stock has faith in momentum. Company Description True Religion sells mens womens apparel and accessories worldwide. The company operates on the development and retail side of the business and has a market cap of $950 million. Even though the economy has … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Down During The Asian Session Posted: 03 Nov 2011 10:55 PM PDT Forexpros – The Euro was lower against the U.S. Dollar on Friday. EUR/USD was trading at 1.3812, down 0.08% at time of writing. The pair was likely to find support at 1.3609, Tuesday's low, and resistance at 1.4169, Monday's high. Meanwhile, the Euro was up against the British Pound and down against the Japanese Yen, with EUR/GBP gaining 0.06% to hit 0.8623 and EUR/JPY falling 0.08% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – GBP/USD Down In Asian Trade Posted: 03 Nov 2011 10:25 PM PDT Forexpros – The British Pound was lower against the U.S. Dollar on Friday. GBP/USD was trading at 1.6016, down 0.15% at time of writing. The pair was likely to find support at 1.5877, Thursday's low, and resistance at 1.6166, Monday's high. Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.09% to hit 0.8626 and GBP/JPY falling 0.19% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/CHF Up In Asian Trading Hours Posted: 03 Nov 2011 09:55 PM PDT Forexpros – The Euro was higher against the Swiss Franc on Friday. EUR/CHF was trading at 1.2143, up 0.07% at time of writing. The pair was likely to find support at 1.2130, Thursday's low, and resistance at 1.2231, Monday's high. Meanwhile, the Euro was down against the U.S. Dollar and the Japanese Yen, with EUR/USD shedding 0.07% to hit 1.3814 and EUR/JPY falling 0.14% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/CHF Up During Asian Trade Posted: 03 Nov 2011 09:25 PM PDT Forexpros – The U.S. Dollar was higher against the Swiss Franc on Friday. USD/CHF was trading at 0.8790, up 0.14% at time of writing. The pair was likely to find support at 0.8611, Monday's low, and resistance at 0.8960, Tuesday's high. Meanwhile, the U.S. Dollar was up against the Euro and down against the Japanese Yen, with EUR/USD shedding 0.08% to hit 1.3812 and USD/JPY falling 0.08% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/GBP Up During The Asian Session Posted: 03 Nov 2011 09:00 PM PDT Forexpros – The Euro was higher against the British Pound on Friday. EUR/GBP was trading at 0.8620, up 0.03% at time of writing. The pair was likely to find support at 0.8548, Tuesday's low, and resistance at 0.8784, Monday's high. Meanwhile, the Euro was down against the U.S. Dollar and the Japanese Yen, with EUR/USD shedding 0.14% to hit 1.3804 and EUR/JPY falling 0.21% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/JPY Down During Asian Trade Posted: 03 Nov 2011 08:35 PM PDT Forexpros – The U.S. Dollar was lower against the Japanese Yen on Friday. USD/JPY was trading at 78.00, down 0.08% at time of writing. The pair was likely to find support at 75.58, Monday's low, and resistance at 79.53, Monday's high. Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.14% to hit 1.3803 and GBP/USD falling 0.17% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Chart Of The Day: Record GDP With -6.6m Workers Posted: 03 Nov 2011 08:28 PM PDT The chart above show that while real GDP has made a complete recovery and was above its pre-recession level for the first time in Q3 (see blue line), employment is still 6.6 million jobs below the pre-recession peak (see red line).  In other words, we’re producing more output now than ever before in U.S. history, but with 6.6 million fewer workers that produced roughly the same amount in Q4 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/CAD Up In Asian Trading Hours Posted: 03 Nov 2011 08:10 PM PDT Forexpros – The U.S. Dollar was higher against the Canadian Dollar on Friday. USD/CAD was trading at 1.0109, up 0.42% at time of writing. The pair was likely to find support at 0.9924, Monday's low, and resistance at 1.0224, Tuesday's high. Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.19% to hit 1.3797 and GBP/USD falling 0.23% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

“Time-Lapse Analysis” Instead Of Snapshot Shows That 57% Of Top 1% In 1996 Weren’t There In 2005 Posted: 03 Nov 2011 08:06 PM PDT From the 2007 study “Income Mobility in the U.S. from 1996 to 2005″ from the Department of the Treasury (emphasis mine): “The mobility of the top 1 percent of the income distribution is also important. More than half (57.4 percent) of the top 1 percent of households in 1996 had dropped to a lower income group by 2005 [MP: dropped into the bottom 99%]. This statistic illustrates that the top income groups as measured by a single year of income (i.e., cross-sectional analysis) often include a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – AUD/USD Down During Asian Trade Posted: 03 Nov 2011 07:30 PM PDT Forexpros – The Australian Dollar was lower against the U.S. Dollar on Friday. AUD/USD was trading at 1.0393, down 0.23% at time of writing. The pair was likely to find support at 1.0204, Thursday's low, and resistance at 1.0697, Monday's high. Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.14% to hit 1.3289 and AUD/JPY falling 0.28% 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: 03 Nov 2011 07:05 PM PDT Forexpros – The Euro was lower against the U.S. Dollar on Friday. EUR/USD was trading at 1.3817, down 0.04% at time of writing. The pair was likely to find support at 1.3609, Tuesday's low, and resistance at 1.4169, Monday's high. Meanwhile, the Euro was up against the British Pound and down against the Japanese Yen, with EUR/GBP gaining 0.08% to hit 0.8625 and EUR/JPY falling 0.09% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/JPY Down During Asian Trade Posted: 03 Nov 2011 06:35 PM PDT Forexpros – The Euro was lower against the Japanese Yen on Friday. EUR/JPY was trading at 107.75, down 0.14% at time of writing. The pair was likely to find support at 106.50, Tuesday's low, and resistance at 111.55, Monday's high. Meanwhile, the Euro was down against the U.S. Dollar and up against the British Pound, with EUR/USD shedding 0.10% to hit 1.3809 and EUR/GBP rising 0.06% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: USDCNH Continues To Range Posted: 03 Nov 2011 06:32 PM PDT With all turmoil going on with global economic climate on the brink of the G-20 summit and a vote in Greece, we see the Chinese quietly appreciating the Yuan seemingly due to some US pressure. The USDCNH pair continues to be range bound however staying below the trendline resistance we've been advertising and outside of any significant trading in the box that took us to August/September … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – GBP/JPY Down During The Asian Session Posted: 03 Nov 2011 05:45 PM PDT Forexpros – The British Pound was lower against the Japanese Yen on Friday. GBP/JPY was trading at 125.00, down 0.17% at time of writing. The pair was likely to find support at 121.90, Monday's low, and resistance at 127.29, Monday's high. Meanwhile, the British Pound was down against the U.S. Dollar and the Euro, with GBP/USD shedding 0.09% to hit 1.6025 and EUR/GBP rising 0.02% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Up In Asian Trade Posted: 03 Nov 2011 05:05 PM PDT Forexpros – The Euro was higher against the U.S. Dollar on Friday. EUR/USD was trading at 1.3827, up 0.03% at time of writing. The pair was likely to find support at 1.3609, Tuesday's low, and resistance at 1.4169, Monday's high. Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.05% to hit 0.8622 and EUR/JPY rising 0.01% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Daily FTSE Technical Update Posted: 03 Nov 2011 10:32 AM PDT By ForexMansion.com by, James A. Hyerczyk The FTSE made a huge comeback on Thursday, retracing at least 50% of the break from the recent top. The only thing certain at this time is volatility. The direction isn't clear, but the main trend is up despite the sharp sell-off. Based on the main range of 4868.60 to 5747.30, the downside target of the current break was 5307.95 to 5204.26. Instead of waiting for a break into this zone, aggressive traders began to buy on Tuesday, helping to put in a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Daily Indices Update: Switzerland 20 (SWI20) Posted: 03 Nov 2011 07:03 AM PDT By ForexMansion.com by, James A. Hyerczyk The Switzerland 20 (SWI2) index CFD gapped lower but buyers came in to halt the break, leading to the formation of Point C of a 3-Point Extension Fibonacci pattern on the 240-minute chart, completing the pattern. Typically, the 3-Point Extension forms after a market reaches an overbought or oversold level. In this case, the sharp sell-off from Point B over the past few days most likely led to the market's oversold condition. With the trend on the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

You are subscribed to email updates from DailyMarkets.com To stop receiving these emails, you may unsubscribe now.	Email delivery powered by Google
Google Inc., 20 West Kinzie, Chicago IL USA 60610