Tuesday, January 10, 2012

DailyMarkets.com - New Distributors To PX’s Portfolio

DailyMarkets.com - New Distributors To PX’s Portfolio


New Distributors To PX’s Portfolio

Posted: 10 Jan 2012 08:25 AM PST

The leading industrial gas supplier, Praxair Inc's (NYSE:PX) subsidiary, Praxair Distribution Inc. continues with its pursuit of adding valuable industrial gas distributors to its portfolio.
The company's latest addition is Texas-based Welders Industrial Supply, LLC, an independent distributor of industrial and specialty gases, welding equipment, supplies and related services. Founded in 2009, Welders Industrial Supply currently employs 10 people and generates roughly $4 million in annual … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Gold Stabilizing?

Posted: 10 Jan 2012 08:19 AM PST

Tuesday, January 10, 2012
Gold futures have been on the upswing since the New Year, supported by value buying and a more positive investor sentiment on Europe. There are risks in the near-term, as the success of the Gold market appears to hinge on outside markets due to a very tame inflationary outlook. Technically, Gold is consolidating after crossing the 1600 level. The near-term direction of the market is unknown, but sentiment is more positive given the preceding up-move. Some traders may … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Augme Begins To Ramp The Top-Line

Posted: 10 Jan 2012 08:08 AM PST

Augme Begins to Ramp the Top-Line
Ken Nagy, CFA

On January 9, 2012, Augme Technologies, Inc. (AUGT), the provider of strategic services and mobile marketing technology to leading consumer and healthcare brands, reported financial results for its fiscal 2011 third quarter and nine months, ended November 30, 2011.

A solid third quarter resulted in an over 418 percent year over year and 244 percent sequential increase in sales, with revenue expanding $3.571 million to $4.424 million from … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Benihana Comps Remain Solid

Posted: 10 Jan 2012 08:08 AM PST

Miami-based Benihana Inc (NASDAQ:BNHN) posted restaurant sales of $28.6  million for the four-week period ending January 1, 2012, up 6.4% from $26.9 million delivered in the year-ago period. 
The company's comparable restaurant sales grew 7.0% in the fourth four-week period of the third quarter of 2012, thus marking the twenty-fourth consecutive four-week period and the eighth back-to-back quarters of growth. The upside in sales was primarily driven by improved comparable restaurant … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Health Net To Shed PDP Business

Posted: 10 Jan 2012 08:08 AM PST

On Monday, Health Net Life Insurance Company, a subsidiary of Health Net Inc. (NYSE:HNT), announced an agreement to sell its Medicare stand-alone Prescription Drug Plan (PDP) business to a unit of CVS Caremark Corporation (NYSE:CVS).
The company expects to complete the divestiture in the second quarter of 2012, subject to the required approvals from the Centers for Medicare and Medicaid Services and other regulatory bodies and other customary closing conditions.
Although the deal is valued at $160 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Several Setbacks For Conceptus

Posted: 10 Jan 2012 07:40 AM PST

Contraceptive device maker Conceptus (NASDAQ:CPTS) has started off the New Year with new headwinds. Recently, the company's request to prohibit its competitor Hologic (NASDAQ:HOLX) from selling its permanent birth control product Adiana system in the US was declined by a US District Court judge. Moreover, with such a verdict, Hologic will no longer be required to pay any royalty to Conceptus on future sales of Adiana.
Earlier in October 2011, Conceptus had received a favorable ruling in the District … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – GBP/USD Higher As Markets Eye Greek Debt Talks

Posted: 10 Jan 2012 07:38 AM PST

Forexpros – The pound held gains against the U.S. dollar on Tuesday, as market sentiment remained supported ahead of a meeting between German Chancellor Angela Merkel and International Monetary Fund President Christine Lagarde to discuss Greece's bailout.

GBP/USD hit 1.5500 during U.S. morning trade, the pair's highest since January 6; the pair subsequently consolidated at 1.5478, gaining 0.12%.

Cable was likely to find support at 1.5395, the low of January 9 and resistance at 1.5571, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Sales And Comps Wane At Regis

Posted: 10 Jan 2012 07:30 AM PST

Regis Corporation (NYSE:RGS) recently reported second quarter 2012 revenues of $563 million, down 2.0% year over year and 1.2% sequentially.
Same-store sales (comps) for the second quarter fell 3.0% year over year. The rate of decline was sharper than the year-ago drop of 1.3% but in line with the previous quarter's decrease. This indicates a persistent deterioration in the quarter's same-store sales. Although service customer visits improved 10 basis points sequentially, it was not sufficient … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Gold Futures Rally To 3-week High, Silver Soars 4%

Posted: 10 Jan 2012 07:22 AM PST

Forexpros – Gold futures extended sharp gains on Tuesday, trading at the highest level since mid-December as the euro's advance against the U.S. dollar boosted the appeal of precious metals.

On the Comex division of the New York Mercantile Exchange, gold futures for February delivery traded at USD1,637.15 a troy ounce during U.S. morning trade, rallying 1.8%.

It earlier rose by as much as 1.98% to trade at USD1,641.15 a troy ounce, the highest since December 21.

Gold futures were likely … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex Trading: EURJPY Hold Key Resistance At 98.42-48

Posted: 10 Jan 2012 07:18 AM PST

Forex – EUR/USD Holds Gains Ahead Of Greece Meeting

Posted: 10 Jan 2012 07:14 AM PST

Forexpros – The euro held gains against the U.S. dollar on Tuesday, as investors awaited the outcome of a meeting between German Chancellor Angela Merkel and International Monetary Fund President Christine Lagarde to discuss Greece's bailout.

EUR/USD hit 1.2818 during U.S. morning trade, the daily high; the pair subsequently consolidated at 1.2796, rising 0.25%.

The pair was likely to find support at 1.2665, Monday's low and a 16-month trough and resistance at 1.2891, the high of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


GameStop Holiday Sales Inch Up

Posted: 10 Jan 2012 07:11 AM PST

GameStop Corporation (NYSE:GME) had little to cheer about its total sales figure for the nine-week holiday period ended December 31, 2011, as sales merely inched up to $3,019.1 million from $3,018.1 reported in 2010. New video game software sales attempted to propel the company's sales, but dismal sales across game consoles and hardware were the deterrents.
The new video game software sales registered a growth of 9.9% to $1469.2 million, reflecting robust sales of titles, such as Activision's … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Williams Cos. Upped To Outperform

Posted: 10 Jan 2012 07:11 AM PST

Following the successful separation of its upstream operations via a tax-free spin-off, we have upgraded Williams Companies Inc. (WMB) to Outperform from Neutral.
Tulsa, Oklahoma-based Williams is a premier energy infrastructure provider in North America. The company's core operations include finding, producing, gathering, processing, and transportation of natural gas. Boasting of a widespread pipeline system, Williams is one of the largest domestic transporters of natural gas by volume. Its … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


U.S. IBD/TIPP Economic Optimism Rises More-than-expected

Posted: 10 Jan 2012 07:07 AM PST

Forexpros – Consumer confidence in the U.S. rose more-than-expected in January, improving for the fifth consecutive month, industry data showed on Tuesday.

In a report, Investor’s Business Daily and TechnoMetrica Market Intelligence said their IBD/TIPP Economic Optimism Index rose by 4.7 points to 47.5 in January from December's reading of 42.8.

Economists had expected the index to rise by 2.5 points to 45.3 in January.

A reading above 50.0 indicates optimism, while those below 50.0 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


U.S. Stocks Jump On Earnings Optimism; Dow Jones Up 0.74%

Posted: 10 Jan 2012 06:55 AM PST

Forexpros – U.S. stocks were sharply higher on Tuesday, led by Alcoa's upbeat fourth-quarter results and fresh hopes of progress in tackling the financial crisis in the euro zone.

During early U.S. trade, the Dow Jones Industrial Average climbed 0.74%, the S&P 500 index jumped 0.91%, while the Nasdaq Composite index surged 1.03%.

German Chancellor Angela Merkel and International Monetary Fund President Christine Lagarde were to meet later in the day, to discuss Greece's bailout.

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


Markets In Everything: Wi-Fi Quadricoptor Drone

Posted: 10 Jan 2012 06:48 AM PST

Engadget — “The new Parrot Drone touts much improved 720p HD video-recording capability, a revamped app with updated flight controls and features, along with revised hardware and reinforced hulls. We recently spent a few minutes with the smartphone-controlled UAV, so check out the quick video overview above.” 

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


Crude Oil Rallies On Growing Iran Tensions, Nigeria Violence

Posted: 10 Jan 2012 06:46 AM PST

Forexpros – Crude oil futures added to strong gains on Tuesday, boosted by a combination of mounting fears over a disruption to Iranian oil supplies as well concerns over civil unrest in oil-rich Nigeria, while weakness in the U.S. dollar provided further support.

On the New York Mercantile Exchange, light, sweet crude futures for delivery in February traded at USD102.80 a barrel during U.S. morning trade, rallying 1.48%.

It earlier rose by as much as 1.95% to trade at USD103.41 a barrel, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Economics Blogs: “Dim Sum For The Mind”

Posted: 10 Jan 2012 06:41 AM PST

From a report in the Chronicle of Higher Education about a panel discussion on economics blogs at the American Economic Association meetings that were held last week in Chicago:

“In an age of sophisticated social media and rapidly evolving technologies, blogs would seem to be about as sexy as a pair of sensible shoes. Yet as simple as they may be, blogs have also proven to be valuable to economists debating principles and policy, and to faculty looking to breathe life into the teaching of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Sold NUGT @ $23.40 Pre-market

Posted: 10 Jan 2012 06:39 AM PST

I sold my position in Direxion Gold Miner Bull 3X ETF (NUGT) at $23.40 in the pre-market.

My TSI Trading Record has been … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – USD/CAD Hits 3-day Low As Sentiment Firms Up

Posted: 10 Jan 2012 06:37 AM PST

Forexpros – The U.S. dollar fell to a three-day low against its Canadian counterpart on Tuesday, as market sentiment firmed up, while better-than-expected domestic data and higher oil prices also boosted the Canadian dollar.

USD/CAD hit 1.0156 during early U.S. trade, the pair's lowest since January 5; the pair subsequently consolidated at 1.0167, shedding 0.65%.

The pair was likely to find support at 1.0120, the low of January 5 and resistance at 1.0239, the days high.

Risk appetite was … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Roche-Xenon Agree To Join Forces

Posted: 10 Jan 2012 06:36 AM PST

Roche Holdings Ltd.'s (RHHBY) subsidiary, Genentech, and Xenon Pharmaceuticals Inc. recently announced a collaboration for the discovery and development of compounds and companion diagnostics for the treatment of pain.
According to the terms of the agreement, Genentech will have an exclusive license to compounds and a non-exclusive license to diagnostics from Xenon for the development and commercialization of products. In return Xenon will receive an undisclosed upfront payment and research … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Soft Upward Bias Expected?

Posted: 10 Jan 2012 06:30 AM PST

With nothing major on the economic calendar and the earnings season still some days off despite Alcoa's (NYSE:AA) report after the close on Monday, stocks will likely sustain the soft upward bias of the last few trading sessions. Alcoa's results had a reassuring aspect in that they were less bad relative to their guidance some time back. The relatively less-dire demand outlook for aluminum will likely rub off on other commodity producers in today's trading session.
Beyond the U.S. shores, we … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Stock Market News Briefs: Brocade Communications Systems, IPC The Hospitalist Company, Pansoft Company Limited, Regions Financing Tr I

Posted: 10 Jan 2012 06:30 AM PST

    Healthcare group IPC Hospitalist Co. (NASDAQ:IPCM) plummeted 32.95% to close at $30.61 a share after the company said its earnings results for 2011 will be lower than earlier projections

    According to a Wall Street Journal report, banking company Regions Financial Corp. (NYSE:RF) will soon be selling its Morgan Keegan division

    Share prices of Chinese software provider Pansoft Co Ltd (NASDAQ:PSOF) surged 54.73% to close at $3.11 after the company … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – EUR/JPY Edges Higher, E.Z. Talks In Focus

Posted: 10 Jan 2012 06:28 AM PST

Forexpros – The euro edged higher against the yen on Tuesday, as market sentiment found mild support ahead of a key meeting between German Chancellor Angela Merkel and International Monetary Fund President Christine Lagarde to discuss Greece's bailout.

EUR/JPY hit 98.46 during European afternoon trade, the pair's highest since January 6; the pair subsequently consolidated at 98.26, adding 0.17%.

The pair was likely to find support at 97.26, the low of January 9 and an eleven-year low … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


St. Jude Posts In-Line Prelim Sales

Posted: 10 Jan 2012 06:25 AM PST

Medical devices giant St. Jude Medical (NYSE:STJ) has unveiled preliminary sales data for fourth-quarter fiscal 2011. The Minnesota-based company expects to post revenues of $1.4 billion for the quarter, up 4% (3% in constant currency) year over year, in line with the Zacks Consensus Estimate.
St. Jude noted that two of its four divisions posted better-than-expected results in the quarter, despite the weakened MedTech fundamentals. The company's shares rose $1.09 (or 3.15%) to close at $35.70 on … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Markets In Everything: CSA For Local Art

Posted: 10 Jan 2012 06:23 AM PST

Michigan Radio — “An arts advocacy group is stealing an investment idea from the agriculture world in an effort to get more folks to buy local art. A statewide arts advocacy group wants to serve up some fresh, local art. To do so, the group is copying an investment model popular in the agricultural world.
 
Lots of farms in Michigan participate in Community Supported Agriculture. Folks can buy a CSA share in a farm. In return, the shareholder gets a weekly crate of fresh farm produce.
Now … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex Trading: GBPUSD Mired In Very Narrow Range. Be Prepared

Posted: 10 Jan 2012 06:22 AM PST

The GBPUSD has been in a narrow up and down trading range today. The price is above the close from yesterday at the 1.5454 level. and is back above the shorter term 100 and 200 bar MA on the 5 minute chart (at least currently).  The price has made higher lows but also lower lows over the span of the London morning session (see triangle in the chart above).  The midpoint of the days range come in at 1.54719.
The narrow range is suggestive of a non trending market. Non trending … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – Dollar Remains Lower But Euro Concerns Linger

Posted: 10 Jan 2012 06:08 AM PST

Forexpros – The U.S. dollar remained lower against all of its major counterparts on Tuesday, but investors remained wary ahead of a meeting between German Chancellor Angela Merkel and International Monetary Fund President Christine Lagarde to discuss Greece's bailout.

During European afternoon trade, the dollar was lower against the euro, with EUR/USD adding 0.23% to hit 1.2795.

On Monday, Merkel warned Greece that it would not be possible to give further financial aid without swift … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Air Products To Sell European Unit

Posted: 10 Jan 2012 06:07 AM PST

Air Products & Chemicals Inc.(NYSE:APD), the US supplier of specialty gas products, announced its plan to sell its Continental Europe Homecare business to The Linde Groupe of Germany for 590 million euros (approximately $750 million).
The Continental Europe Homecare business provides oxygen therapy, sleep therapy, and infusions, and operates in Germany, France, Spain, Portugal and Belgium. The operations have a base of about 260,000 patients.
Air Products intends to sell off its Europe … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Not A Great Holiday For JC Penney

Posted: 10 Jan 2012 05:50 AM PST

Surely, it was not a great holiday for J. C. Penney Company Inc. (NYSE:JCP), a leading retailer of apparel and footwear, accessories, fashion jewelry, beauty products and home furnishings, as the company failed to utilize the busiest shopping season of the year.
The company witnessed a mere 0.3% increase in comparable store sales during the five-week period ended December 31, 2011compared with an increase of 3.7% in the prior-year period.  
During the period under review, The Plano, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


European Stocks Extend Gains On Banks, Miners; DAX Jumps 2.42%

Posted: 10 Jan 2012 05:40 AM PST

Forexpros – European stock markets extended gains on Tuesday, led by the financial and mining sectors as investors turned to a meeting between German Chancellor Angela Merkel and International Monetary Fund President Christine Lagarde to discuss Greece's bailout.

During European morning trade, the EURO STOXX 50 jumped 2.97%, France's CAC 40 advanced 2.30%, while Germany's DAX 30 jumped 2.44%.

European stocks found support after a positive start to the U.S. earnings season as Alcoa … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


PNC Financial To Axe 621 Jobs

Posted: 10 Jan 2012 05:35 AM PST

Adding to the ongoing unemployment concerns, PNC Financial Services Group Inc. (NYSE:PNC) intends to lay off 621 workers in North Carolina, as part of its acquisition of RBC Bank (USA), the U.S. retail banking subsidiary of Royal Bank of Canada (NYSE:RY), according to a state filing on Friday. The company will start trimming its workforce from March 2012.
Precisely, out of the total, 425 jobs cut will take place in Rocky Mount, previous headquarters location of Centura Banks Inc., which was purchased … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Alcoa Disappoints, Outlook Bright

Posted: 10 Jan 2012 05:22 AM PST

Alcoa Inc. (NYSE:AA), the largest U.S. aluminum producer, reported loss in its fourth-quarter 2011 results. Alcoa posted a loss from continuing operations of $193 million, or 18 cents per share compared with a profit of $172 million, or 15 cents per share in the same quarter of 2010.
Excluding restructuring charge of $159 million and other items, Alcoa’s loss came in at 3 cents per share, below the Zacks Consensus estimate profit of 1 cent. It is the company’s first loss in the last nine … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Canadian Housing Starts Rise More-than-expected

Posted: 10 Jan 2012 05:22 AM PST

Forexpros – Canadian housing starts rose more-than-expected in December, official data showed on Tuesday.

In a report, the Canada Mortgage and Housing Corporation said that the seasonally adjusted annual rate of housing starts rose to 200,000 units in December, surpassing expectations for an increase to 188,000 units.

November's figure was revised up to 186,000 units from a previously reported 181,000.

Commenting on the report, deputy chief economist at CMHC's Market Analysis Centre … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Wheat Futures Dip As Traders Monitor South America Weather

Posted: 10 Jan 2012 05:21 AM PST

Forexpros – Wheat futures edged lower on Tuesday, as traders continued to monitor La Nina weather patterns in major wheat-producing countries in South America ahead of Thursday's U.S. government report on global inventories of the grain.

On the Chicago Mercantile Exchange, wheat futures for March delivery traded at USD6.3900 a bushel during early European afternoon trade, shedding 0.34%.

It earlier fell by as much as 0.83% to trade at a session low USD6.3525 a bushel.

Wheat futures have … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex Trading: EURUSD Looks To Extend The Trading Range Higher

Posted: 10 Jan 2012 05:18 AM PST

The EURUSD has moved to new highs for the day, moving above the 100 hour MA in the process. The 100 hour MA comes in at the 1.28068 level currently. This is the first breach above this moving average since the trend down started on January 4th. The market will be looking for further upside momentum now.
The bullishness will continue today, if the price can get through the next resistance level. That level is the 38.2%retracement of the move down from the January 3rd high. That level comes in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – GBP/USD Holds Gains Ahead Of Merkel, Lagarde Talks

Posted: 10 Jan 2012 04:50 AM PST

Forexpros – The pound held gains against the U.S. dollar on Tuesday, as markets eyed a meeting between German Chancellor Angela Merkel and International Monetary Fund President Christine Lagarde later in the day, to discuss Greece's bailout.

GBP/USD hit 1.5500 during European afternoon trade, the pair's highest since January 6; the pair subsequently consolidated at 1.5478, adding 0.13%.

Cable was likely to find support at 1.5395, the low of January 9 and resistance at 1.5544, the high … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – EUR/USD Steady Ahead Of Merkel, Lagarde Meeting

Posted: 10 Jan 2012 04:39 AM PST

Forexpros – The euro held gains against the U.S. dollar on Tuesday, but investors remained jittery ahead of a meeting between German Chancellor Angela Merkel and International Monetary Fund President Christine Lagarde to discuss Greece's bailout.

EUR/USD hit 1.2809 during European early afternoon trade, the daily high; the pair subsequently consolidated at 1.2789, rising 0.19%.

The pair was likely to find support at 1.2665, Monday's low and a 16-month trough and resistance at 1.2891, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


U.S. Futures Rise On Positive Earnings Season Kick Off; Dow Jones Up 0.83%

Posted: 10 Jan 2012 04:27 AM PST

Forexpros – U.S. stock futures pointed to a sharply higher open on Tuesday, boosted by Alcoa's upbeat fourth-quarter results and new hopes of progress in tackling the debt crisis in the euro zone.

Ahead of the open, the Dow Jones Industrial Average futures pointed to a rise of 0.83%, S&P 500 futures signaled a 0.95% jump, while the Nasdaq 100 futures indicated a 0.87% surge.

German Chancellor Angela Merkel and International Monetary Fund President Christine Lagarde were to meet later … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – Euro Edges Higher But Gains Capped By Debt Concerns

Posted: 10 Jan 2012 03:47 AM PST

Forexpros – The euro was steady against the U.S. dollar on Tuesday, trading above the previous day's 16-month low but gains were limited as worries over the sovereign debt crisis in the single currency bloc continued to weigh on market sentiment.

During European late morning trade, the euro was higher against the U.S. dollar, with EUR/USD adding 0.17% to hit 1.2781.

Market sentiment was buoyed after an upbeat start to earnings season lifted European equities markets and supported the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Orange Juice Futures Rally 5% As Florida Crop Concerns Linger

Posted: 10 Jan 2012 03:32 AM PST

Forexpros – Orange juice futures rallied sharply on Tuesday, trading at the highest level in nearly three months as concerns grew that a recent bout of frigid weather in Florida permanently damaged crops in the largest citrus-growing state in the U.S.

On the ICE Futures Exchange, orange juice for March delivery traded at USD1.8747 a pound during European morning trade, surging 5.53%.

It earlier rose by as much as 5.83% to trade at USD1.8772 a pound, the highest since October 26.

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


Forex – USD/CHF Slips As Risk Aversion Eases

Posted: 10 Jan 2012 03:19 AM PST

Forexpros – The U.S. dollar slid lower against the Swiss franc on Tuesday, as market sentiment strengthened on the back of an improved outlook for the U.S. economy but markets remained jittery as concerns over the debt crisis in the euro zone lingered.

USD/CHF ticked down to 0.9466, the pair's lowest since last Thursday; the pair subsequently consolidated at 0.9480, sliding 0.14%.

The pair was likely to find support at 0.9313, the low of January 4 and resistance at 0.9594, Monday's high … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Euro / Yen – 10/01/2012 11:40 GMT

Posted: 09 Jan 2012 04:32 PM PST

By ForexMansion.com

Euro / Yen

Weekly
Daily
Hourly

Trends

Resistances
99.35
98.85
98.4

Supports
97.25
97.8
98

Our strategy

FLAT

About ForexMansion.com:

The Finance Mansion Network operates a global financial network of websites including
ForexMansion.com – All about Forex Trading.
Our goal is to provide our readers with the highest quality, most accurate and timely technical analyses,
fundamental analyses and news, assisting them to make the best possible … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


British Pound / US Dollar – 10/01/2012 11:47 GMT

Posted: 09 Jan 2012 04:08 PM PST

By ForexMansion.com

British Pound / US Dollar

Weekly
Daily
Hourly

Trends

Resistances
1.563
1.5545
1.55

Supports
1.536
1.542
1.5445

Our strategy

FLAT

About ForexMansion.com:

The Finance Mansion Network operates a global financial network of websites including
ForexMansion.com – All about Forex Trading.
Our goal is to provide our readers with the highest quality, most accurate and timely technical analyses,
fundamental analyses and news, assisting them to make … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Euro / Canadian Dollar – 10/01/2012 11:35 GMT

Posted: 09 Jan 2012 04:08 PM PST

By ForexMansion.com

Euro / Canadian Dollar

Weekly
Daily
Hourly

Trends

Resistances
1.308
1.3055
1.3025

Supports
1.295
1.2985
1.3

Our strategy

Entry
Stop
Target 1
Target 2

1.3005
1.3025
1.2975
1.295

About ForexMansion.com:

The Finance Mansion Network operates a global financial network of websites including
ForexMansion.com – All about Forex Trading.
Our goal is to provide our readers with the highest quality, most accurate and timely technical … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


US Dollar / Swiss Franc – 10/01/2012 11:44 GMT

Posted: 09 Jan 2012 04:08 PM PST

By ForexMansion.com

US Dollar / Swiss Franc

Weekly
Daily
Hourly

Trends

Resistances
0.9595
0.954
0.9505

Supports
0.9325
0.9415
0.9465

Our strategy

Entry
Stop
Target 1
Target 2

0.9485
0.9515
0.946
0.9425

About ForexMansion.com:

The Finance Mansion Network operates a global financial network of websites including
ForexMansion.com – All about Forex Trading.
Our goal is to provide our readers with the highest quality, most accurate and timely technical … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


No comments:

Post a Comment