DailyMarkets.com - Would You Believe A Gold Stocks Rally Is Due

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• Would You Believe A Gold Stocks Rally Is Due
• Crude Oil Under Fire As EU Crisis Hits Italy, Gold Looking To Fed-Speak
• Forex – USD/CHF Rallies Amid Fresh Intervention Speculation
• Copper Futures Drop As Italy, Greece Debt Fears Weigh
• Forex – EUR/GBP Hits 4-day Low After E.Z. Retail Sales Data
• Euro Zone Retail Sales Fall More-than-expected In September
• Forex Trading: Euro Weaker, Testing 50.0% Daily Retracement
• Forex – Dollar Higher Vs. Rivals Amid Euro Zone Worries
• Crude Oil Retreats From 3-month High As EZ Debt Woes Linger
• EZ Sentix Investor Confidence Down More-than-expected
• European Stocks Drop Ahead Of Italian Vote; DAX Down 1.82%
• Forex – GBP/USD Down, Tracking Falls In Euro
• Gold Futures Rally To 6-week High On Greece, Italy Fears
• Forex – Dollar Dips Against Yen In Risk-off Trade
• Forex – NZD/USD Edges Lower Amid E.Z. Uncertainty
• Swiss CPI Declines Unexpectedly In October
• Halifax U.K. HPI Rises More-than-expected In October
• Forex – AUD/USD Falls Amid Ongoing E.Z. Turmoil
• Asia Stocks Slump As Greece Turmoil Weighs; Nikkei Dips 0.3%
• Forex Trading: Euro Consolidating Between 1.37531 And 1.37826
• Forex – EUR/USD Slips On Concerns Over Greece, Italy
• Bear Of The Day: American Int'l Group (AIG)
• Bull Of The Day: Medivation, Inc. (MDVN)
• Growth & Income Stock: Rollins, Inc.
• Momentum Stock: Sturm, Ruger & Co.
• Aggressive Growth Stock: LeCroy Corp
• Forex – USD/CHF Up On Economic Data
• 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 The Asian Session
• Groupon: Largest Tech IPO Since Google
• Forex – EUR/GBP Down In Asian Trade
• Forex – USD/JPY Down In Asian Trading Hours
• Rail Shipments Of Oil Set New Record In October
• Forex – USD/CAD Down During The Asian Session
• Forex – AUD/USD Down In Asian Trade
• Forex – GBP/CHF Up In Asian Trading Hours
• Forex – EUR/USD Down During The Asian Session
• Forex Trading: Euro Moves Lower On Comments From German Minister
• Forex – USD/JPY Down In Asian Trading Hours
• Forex – EUR/JPY Down In Asian Trade
• The ‘Experts’ Vs. The Experts
• EURUSD: Reverses Gains, Set To Weaken Further

Would You Believe A Gold Stocks Rally Is Due Posted: 07 Nov 2011 03:13 AM PST We cant find the fundamentals to back this call up and we may be talking a lot of hot air, but the cycles of the XAU (Gold Stocks) to gold are due for a turn up. Cycles to tend to lead and the news does tend to turn up after the majority of the price move, so we must respect the cycle. Choose only the hottest gold stocks (AUY, RGLD,NEM), watch like a hawk. Members review the Swing and Alpha scanners to find something you like. Heres the cycle of XAU divided by GLD (Gold Etf) More here … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Crude Oil Under Fire As EU Crisis Hits Italy, Gold Looking To Fed-Speak Posted: 07 Nov 2011 03:08 AM PST Talking Points Crude Oil Set to Follow S&P 500 Lower as EU Debt Woes Hit Italy Gold Outlook Rests on US Dollar Performance, Tone of Fed-Speak WTI Crude Oil (NY Close): $94.26 // +0.19 // +0.20% S&P 500 stock index futures are pointing aggressively lower, down over 1 percent ahead of the opening bell on Wall Street, to suggest crude oil prices will find themselves under pressure amid market-wide risk aversion. The collapse of confidence comes amid reports that Italy's Prime Minister … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/CHF Rallies Amid Fresh Intervention Speculation Posted: 07 Nov 2011 02:49 AM PST Forexpros – The U.S. dollar rallied against the Swiss franc on Monday, surging to a more than two-week high after weak Swiss inflation data added to speculation over a fresh intervention to weaken the franc. USD/CHF hit 0.9031 during European morning trade, the pair's highest since October 20; the pair subsequently consolidated at 0.9006, jumping 1.83%. The pair was likely to find support at 0.8768, Friday's low and resistance at 0.9110, the high of October 12. Official data showed … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Copper Futures Drop As Italy, Greece Debt Fears Weigh Posted: 07 Nov 2011 02:37 AM PST Forexpros – Copper futures fell sharply on Monday, hitting a two-day low as fresh fears that the euro zone's debt crisis will spread to Italy and ongoing political uncertainty in Greece prompted investors to shun riskier assets. On the Comex division of the New York Mercantile Exchange, copper futures for December delivery traded at USD3.506 a pound during European morning trade, tumbling 1.64%. It earlier fell by as much as 2.04% to trade at USD3.493 a pound, the lowest price since … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/GBP Hits 4-day Low After E.Z. Retail Sales Data Posted: 07 Nov 2011 02:11 AM PST Forexpros – The euro tumbled to a four-day low against the pound on Monday, as renewed concerns over the handling of the debt crisis and downbeat retail sales data in the euro zone weighed on the single currency. EUR/GBP hit 0.8562 during European morning trade, the pair’s lowest since November 1; the pair subsequently consolidated at 0.8561, shedding 0.47%. The pair was likely to find support at 0.8527, the low of October 3 and resistance at 0.8642, the high of November 3. Official data … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Euro Zone Retail Sales Fall More-than-expected In September Posted: 07 Nov 2011 02:05 AM PST Forexpros – Retail sales in the euro zone fell more-than-expected in September, official data showed on Monday. In a report, Eurostat said retail sales fell by a seasonally adjusted 0.7% in September, disappointing expectations for a 0.1% decline. The previous month's figure was revised to a 0.1% increase from a previously reported 0.3% drop. Year-over-year, retail sales in the euro zone fell at an annualized rate of 1.5% in September, after dropping at a rate of 0.1% in August and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: Euro Weaker, Testing 50.0% Daily Retracement Posted: 07 Nov 2011 01:42 AM PST The euro traded lower earlier following comments from Germany's eco. minister that Greece must choose reforms or leave the Eurozone. Before the comment the EUR/USD was range trading, but it made a break lower through the short-term 1.37531 support and is now testing 1.36953; the 50.0% line on the daily move from October 4th lows to the high on October 27th. It seems the euro is rebounding slightly.  The pair hasn't secured a close below 1.36953 since October 11th; a close … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – Dollar Higher Vs. Rivals Amid Euro Zone Worries Posted: 07 Nov 2011 01:41 AM PST Forexpros – The U.S. dollar was up against most of its major counterparts on Monday, as renewed concerns over the debt crisis in the euro zone ahead of a key Italian vote boosted demand for the safe haven greenback. During European morning trade, the dollar was up against the euro, with EUR/USD shedding 0.46% to hit 1.3728. Earlier in the day, the yield on Italian 10-year government bonds soared to a euro-lifetime high, amid open dissent within Prime Minister Silvio Berlusconi’s government … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Crude Oil Retreats From 3-month High As EZ Debt Woes Linger Posted: 07 Nov 2011 01:36 AM PST Forexpros – Crude oil futures slumped on Monday, retreating from a three-month high as ongoing concerns over the handling of the euro zone's debt crisis coupled with a broadly stronger U.S. dollar dampened the appeal of commodities. On the New York Mercantile Exchange, light, sweet crude futures for delivery in December traded at USD93.72 a barrel during European morning trade, retreating 0.58%. It earlier fell by as much as 0.9% to trade at a daily low of USD93.52 a barrel. Over the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

EZ Sentix Investor Confidence Down More-than-expected Posted: 07 Nov 2011 01:34 AM PST Forexpros – Investor confidence in the euro zone fell more-than-expected in November, remaining in negative territory for the fourth consecutive month amid ongoing concerns over the region's debt crisis, industry data showed on Monday. In a report, market research group, Sentix said its index of investor confidence fell by 2.7 points to minus 21.2 in November from September's reading of minus 18.5. Analysts had expected the index to fall by 1.5 points to minus 20.0 in November. On the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

European Stocks Drop Ahead Of Italian Vote; DAX Down 1.82% Posted: 07 Nov 2011 01:22 AM PST Forexpros – European stock markets were sharply lower on Monday, amid uncertainty over the outcome of a key parliamentary vote in Italy, adding to concerns over the handling of the debt crisis in the euro zone. During European morning trade, the EURO STOXX 50 tumbled 1.92%, France's CAC 40 dropped 1.68%, while Germany's DAX 30 declined 1.82%. Risk sentiment was hit ahead of Tuesday’s Italian parliamentary vote, as Prime Minister Silvio Berlusconi faced growing government opposition … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – GBP/USD Down, Tracking Falls In Euro Posted: 07 Nov 2011 01:10 AM PST Forexpros – The pound was down against the U.S. dollar on Monday, tracking the euro lower amid concerns over the ongoing debt crisis in the single currency bloc. GBP/USD hit 1.5980 during European morning trade, the session low; the pair subsequently consolidated at 1.5992, shedding 0.25%. Cable was likely to find support at 1.5915, the low of November 2 and resistance at 1.6092, the high of November 1. Earlier in the day, the yield on Italian 10-year government bonds soared to a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Gold Futures Rally To 6-week High On Greece, Italy Fears Posted: 07 Nov 2011 12:47 AM PST Forexpros – Gold futures rose to a six-week high on Monday, as political uncertainty in Greece and concerns over rising Italian borrowing costs boosted the safe haven appeal of the precious metal. On the Comex division of the New York Mercantile Exchange, gold futures for December delivery traded at USD1,768.65 a troy ounce during European morning trade, gaining 0.71%. It earlier rose by as much as 1.1% to trade at USD1,774.65 a troy ounce, the highest price since September 22. Over the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – Dollar Dips Against Yen In Risk-off Trade Posted: 07 Nov 2011 12:33 AM PST Forexpros – The U.S. dollar dipped against the yen on Monday, as uncertainty over the outcome of Greece and Italy’s political turbulence supported safe haven demand. USD/JPY hit 78.19 during late Asian trade, the daily high; the pair subsequently consolidated at 78.11, shedding 0.15%. The pair was likely to find short term support at 77.88, the low of November 3 and resistance at 78.98, the high of November 1. On Sunday, Greek Prime Minister George Papandreou announced that he would step … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – NZD/USD Edges Lower Amid E.Z. Uncertainty Posted: 07 Nov 2011 12:26 AM PST Forexpros – The New Zealand dollar edged lower against its U.S. counterpart on Monday, as uncertainty over the outcome of Greek and Italian political woes weighed on risk sentiment. NZD/USD hit 0.7926 during late Asian trade, the daily low; the pair subsequently consolidated at 0.7926, shedding 0.14%. The pair was likely to find support at 0.7804, the low of November 3 and resistance at 0.8077, the high of October 25. Investors remained jittery after Greek Prime Minister George Papandreou … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Swiss CPI Declines Unexpectedly In October Posted: 07 Nov 2011 12:21 AM PST Forexpros – Consumer price inflation in Switzerland declined unexpectedly in October, official data showed on Monday. In a report, the Swiss Federal Statistics Office said consumer price inflation eased by 0.1% in October, after rising by 0.3% in September. Year-over-year, Swiss consumer prices dipped at an annualized rate of 0.1% in October, after increasing at a rate of 0.5% in September. Analysts had expected year-over-year CPI to rise at an annualized rate of 0.2% in October. Following … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Halifax U.K. HPI Rises More-than-expected In October Posted: 07 Nov 2011 12:16 AM PST Forexpros – House prices in the U.K. rose significantly more-than-expected in October, industry data showed on Monday. In a report, the Halifax Bank of Scotland said its House Price Index rose by 1.2% in October, blowing past expectations for a 0.1% increase. The previous month's figure was revised to a drop of 0.3% from a previously reported decline of 0.5%. The report showed that U.K. house prices fell at an annualized rate of 1.8% in October, while prices in the three months to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – AUD/USD Falls Amid Ongoing E.Z. Turmoil Posted: 07 Nov 2011 12:09 AM PST Forexpros – The Australian dollar fell against its U.S. counterpart on Monday, as ongoing concerns over the handling of the debt crisis in the euro zone weighed on demand for riskier assets. AUD/USD hit 1.3752 during late Asian trade, the daily low; the pair subsequently consolidated at 1.0325, shedding 0.45%. The pair was likely to find support at 1.0201, the low of November 3 and resistance at 1.0496, the high of October 25. Greek Prime Minister George Papandreou agreed to step down on … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Asia Stocks Slump As Greece Turmoil Weighs; Nikkei Dips 0.3% Posted: 06 Nov 2011 11:51 PM PST Forexpros – Asian stock markets were broadly lower on Monday, as market sentiment continued to be dominated by developments surrounding Greece's ongoing debt woes. During late Asian trade, Hong Kong’s Hang Seng Index slumped 0.6%, Australia's ASX/200 Index shed 0.2%, while Japan's Nikkei 225 Index dipped 0.31%. Over the weekend, Greek Prime Minister George Papandreou agreed to step down after an aborted plan to hold a national referendum on a European bailout package. Papandreou will … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: Euro Consolidating Between 1.37531 And 1.37826 Posted: 06 Nov 2011 11:46 PM PST The market gaped 55 pips on the opening today following the decision made over the weekend for Greek Prime Minister George Papandreou to step down today, and Greek politicians have struck a deal to form a national unity government. After correcting most of the gap, the market is pretty quiet as we wait for European equities to open; support at 1.37531 and resistance at … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Slips On Concerns Over Greece, Italy Posted: 06 Nov 2011 11:38 PM PST Forexpros – The euro slipped against the U.S. dollar on Monday, as initial optimism over a deal to form a coalition government in Greece was replaced by concerns over fresh political instability in Italy. EUR/USD hit 1.3733 during late Asian trade, the session low; the pair subsequently consolidated at 1.3738, shedding 0.39%. The pair was likely to find support at 1.3655, last Thursday's low and resistance at 1.3868, Friday's high. On Sunday, Greek Prime Minister George Papandreou … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bear Of The Day: American Int'l Group (AIG) Posted: 06 Nov 2011 11:05 PM PST American International Group’s (NYSE:AIG) third-quarter loss came in significantly worse than the Zacks Consensus Estimate and year-ago quarter based on weak global cues, sluggish insurance dynamics and consistent cash outflow. Although some stability was witnessed in core operations, it failed to evade the book value per share reduction. The lock-in period for stock offering further holds back the attainment of capital flexibility in the near term. Higher restructuring charges and increasing … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bull Of The Day: Medivation, Inc. (MDVN) Posted: 06 Nov 2011 11:05 PM PST Medivation, Inc. (NASDAQ:MDVN) shares received a major boost recently with the company and its partner, Astellas, reporting impressive data on MDV3100 from a pre-specified interim analysis of a phase III study, AFFIRM. The Independent Data Monitoring Committee (IDMC) recommended that MDV3100′s risk-to-benefit ratio was favorable enough to stop the study. Medivation and Astellas intend to conduct a pre-NDA meeting with the FDA in early 2012. We believe the companies will file for regulatory approval … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Growth & Income Stock: Rollins, Inc. Posted: 06 Nov 2011 11:05 PM PST Rollins, Inc. (NYSE:ROL) has been rolling. The company recently delivered its 22nd consecutive quarter of record performance and posted sales and EPS above the Zacks Consensus Estimates. Analysts raised their estimates for both 2011 and 2012 off the strong quarter, sending the stock to a Zacks #2 Rank (Buy). Based on current consensus estimates, analysts project 11% EPS growth this year and 10% growth next year. Rollins also has a solid balance sheet and generates strong free cash flow, which it … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Momentum Stock: Sturm, Ruger & Co. Posted: 06 Nov 2011 11:05 PM PST Sturm, Ruger & Co. (RGR) just reported another great quarter, pushing shares back above $32 and within striking distance of the 52-week high. With a high industry rank and a bullish growth projection, this Zacks #1 Rank stock is a sure-fire pick for momentum. Company Description Sturm, Ruger & Co., Inc. designs, manufactures and sells firearms in the United States. The company was founded in 1948 and has a market cap of $606 million. RGR saw big gains in October as the market recovered … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Aggressive Growth Stock: LeCroy Corp Posted: 06 Nov 2011 11:05 PM PST Usually you have to break the bank for a stock that is about to triple its earnings. But LeCroy Corp (NASDAQ:LCRY) is showing big growth rates and trades at a value. Is there more upside for this Zacks #1 Rank (Strong Buy)? Company Description LeCroy makes advanced measuring, analytical, and communication machines. The products are used by engineers the electronics, auto, industrial, and aerospace industries. Growth Continues On Oct 26 LeCroy reported fiscal first-quarter results and saw its tenth … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/CHF Up On Economic Data Posted: 06 Nov 2011 11:00 PM PST Forexpros – The U.S. Dollar was higher against the Swiss Franc on Monday after the release of Swiss data on Unemployment Rate. USD/CHF was trading at 0.8920, up 0.85% at time of writing. The pair was likely to find support at 0.8762, Thursday's low, and resistance at 0.8942, today's high. Earlier in the day, official data showed that The rate of unemployment in Switzerland remained unchanged at a seasonally adjusted 3.0% last month from 3.0% in the preceding month. Analysts had … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Down During The Asian Session Posted: 06 Nov 2011 10:40 PM PST Forexpros – The Euro was lower against the U.S. Dollar on Monday. EUR/USD was trading at 1.3769, down 0.17% at time of writing. The pair was likely to find support at 1.3654, Wednesday's low, and resistance at 1.3867, Friday's high. Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.07% to hit 0.8596 and EUR/JPY falling 0.32% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – GBP/USD Down In Asian Trade Posted: 06 Nov 2011 10:15 PM PST Forexpros – The British Pound was lower against the U.S. Dollar on Monday. GBP/USD was trading at 1.6018, down 0.10% at time of writing. The pair was likely to find support at 1.5877, Thursday's low, and resistance at 1.6073, Monday's high. Meanwhile, the British Pound was up against the Euro and down against the Japanese Yen, with EUR/GBP shedding 0.10% to hit 0.8593 and GBP/JPY falling 0.24% 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: 06 Nov 2011 09:50 PM PST Forexpros – The Euro was higher against the Swiss Franc on Monday. EUR/CHF was trading at 1.2303, up 0.85% at time of writing. The pair was likely to find support at 1.2130, Thursday's low, and resistance at 1.2310, today's high. Meanwhile, the Euro was down against the U.S. Dollar and the Japanese Yen, with EUR/USD shedding 0.21% to hit 1.3764 and EUR/JPY falling 0.34% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/CHF Up During The Asian Session Posted: 06 Nov 2011 09:20 PM PST Forexpros – The U.S. Dollar was higher against the Swiss Franc on Monday. USD/CHF was trading at 0.8927, up 0.93% at time of writing. The pair was likely to find support at 0.8762, Thursday's low, and resistance at 0.8942, today's high. Meanwhile, the U.S. Dollar was up against the Euro and down against the Japanese Yen, with EUR/USD shedding 0.15% to hit 1.3772 and USD/JPY falling 0.16% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Groupon: Largest Tech IPO Since Google Posted: 06 Nov 2011 09:00 PM PST 11/06/11 On Friday, Groupon had a successful IPO at the NASDAQ. So successful that it became the biggest IPO from a US tech company since Google in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/GBP Down In Asian Trade Posted: 06 Nov 2011 09:00 PM PST Forexpros – The Euro was lower against the British Pound on Monday. EUR/GBP was trading at 0.8596, down 0.07% at time of writing. The pair was likely to find support at 0.8563, Thursday's low, and resistance at 0.8656, Friday's high. Meanwhile, the Euro was down against the U.S. Dollar and the Japanese Yen, with EUR/USD shedding 0.13% to hit 1.3775 and EUR/JPY falling 0.26% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/JPY Down In Asian Trading Hours Posted: 06 Nov 2011 08:35 PM PST Forexpros – The U.S. Dollar was lower against the Japanese Yen on Monday. USD/JPY was trading at 78.13, down 0.14% at time of writing. The pair was likely to find support at 77.90, Thursday's low, and resistance at 78.32, Wednesday's high. Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.15% to hit 1.3773 and GBP/USD falling 0.07% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Rail Shipments Of Oil Set New Record In October Posted: 06 Nov 2011 08:12 PM PST A recent CD post featured the huge boom in U.S. rail traffic for transporting oil that has resulted from the huge oil boom in places like the Bakken region of North Dakota.  The chart above comes from the American Association of Railroads’ latest monthly “Rail Time Indicators” and provides new details about how significant that increase in rail shipments of petroleum has been this year.  October rail shipments of oil were 19.4% ahead of the same month last year, and 34.4% above … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/CAD Down During The Asian Session Posted: 06 Nov 2011 08:10 PM PST Forexpros – The U.S. Dollar was lower against the Canadian Dollar on Monday. USD/CAD was trading at 1.0171, down 0.18% at time of writing. The pair was likely to find support at 1.0056, Thursday's low, and resistance at 1.0229, Friday's high. Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.15% to hit 1.3773 and GBP/USD falling 0.07% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – AUD/USD Down In Asian Trade Posted: 06 Nov 2011 07:30 PM PST Forexpros – The Australian Dollar was lower against the U.S. Dollar on Monday. AUD/USD was trading at 1.0359, down 0.13% at time of writing. The pair was likely to find support at 1.0204, Thursday's low, and resistance at 1.0446, Thursday's high. Meanwhile, the Australian Dollar was up against the Euro and down against the Japanese Yen, with EUR/AUD shedding 0.05% to hit 1.3292 and AUD/JPY falling 0.27% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – GBP/CHF Up In Asian Trading Hours Posted: 06 Nov 2011 07:05 PM PST Forexpros – The British Pound was higher against the Swiss Franc on Monday. GBP/CHF was trading at 1.4297, up 0.81% at time of writing. The pair was likely to find support at 1.4046, Thursday's low, and resistance at 1.4306, today's high. Meanwhile, the British Pound was down against the U.S. Dollar and up against the Euro, with GBP/USD shedding 0.12% to hit 1.6014 and EUR/GBP 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: 06 Nov 2011 06:35 PM PST Forexpros – The Euro was lower against the U.S. Dollar on Monday. EUR/USD was trading at 1.3773, down 0.15% at time of writing. The pair was likely to find support at 1.3654, Wednesday's low, and resistance at 1.3867, Friday's high. Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.05% to hit 0.8598 and EUR/JPY falling 0.27% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: Euro Moves Lower On Comments From German Minister Posted: 06 Nov 2011 06:31 PM PST The Federal Minister of Economics and Technology as well as the Vice Chancellor of Germany Philipp Roesler commented that there is no alternative for Greece to embracing reforms if it wants to remain in the Euro. "The Greeks can decide themselves: reform in the euro area or don't reform and get out. There is no third way," read an extract of an article published today. On the back of this headline we see EURUSD move below Friday's closing level of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/JPY Down In Asian Trading Hours Posted: 06 Nov 2011 06:00 PM PST Forexpros – The U.S. Dollar was lower against the Japanese Yen on Monday. USD/JPY was trading at 78.14, down 0.13% at time of writing. The pair was likely to find support at 77.90, Thursday's low, and resistance at 78.32, Wednesday's high. Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.23% to hit 1.3761 and GBP/USD falling 0.14% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/JPY Down In Asian Trade Posted: 06 Nov 2011 05:25 PM PST Forexpros – The Euro was lower against the Japanese Yen on Monday. EUR/JPY was trading at 107.56, down 0.32% at time of writing. The pair was likely to find support at 106.58, Thursday's low, and resistance at 108.24, Friday's high. Meanwhile, the Euro was down against the U.S. Dollar and the British Pound, with EUR/USD shedding 0.20% to hit 1.3765 and EUR/GBP falling 0.08% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The ‘Experts’ Vs. The Experts Posted: 06 Nov 2011 05:21 PM PST According to the mainstream media (and their so-called experts), the “data” indicates that things are getting better. “US Job Market Improving” (Associated Press) Modest gains seen as unemployment falls WASHINGTON — The American job market improved modestly in October, and economists looking deeper into the numbers found reasons for optimism — or at least what counts for optimism in this agonizingly slow economic recovery. The nation added 80,000 jobs. That was fewer than the 100,000 that … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

EURUSD: Reverses Gains, Set To Weaken Further Posted: 06 Nov 2011 11:20 AM PST By ForexMansion.com EURUSD: With a reversal of its previous week gains seen the past week, EUR is entering the new week vulnerable to the downside. On further declines, the pair will aim at the 1.3604 level, its Nov 01'2011 low. Other supports are seen at its Oct 10'2011 low at 1.3377 and then the 1.3144 level, its Oct'2011 low. Its weekly RSI is bearish and pointing lower suggesting further weakness. Alternatively, the pair will have to break and hold above the 1.4241 level, its Oct … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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