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 | On Thursday the Euro/Dollar continued trading within around 100 pips range. The European appreciated from 1.2663 to 1.2766 yesterday, matching the positive Interbank sentiment projection, at around +6%, closing the day at 1.2693. This morning bears pushed a litte lower to 1.2643. On the 1 hour chart trading is still within wide range, and on the 3 hour chart range trading is also formed. Break above the nearest resistance and yesterday\'s top at 1.2766 may trigger further recovery of ... |
 | ** This weekend I will be sending out some information about upcoming CandlePro training material,and an update on *gasp* the Premium service.Flat before the weekendAs always CP users can check multiple pairs/timeframes for intraday candlestick signals and you should watch out for news events on the... |
 | EURUSD Forecast: The EURUSD slipped below my trend line support earlier today in Asian session as you can see on my h4 chart below. This fact could be seen as the end of technical bullish correction and trigger further bearish pressure testing 1.2588 and 1.2523 region. Immediate resistance at 1.2700. Break above that area and [...] |
 | EURJPY Forecast The EURJPY made another insignificant movement yesterday. On h1 chart below we can see price is moving inside a triangle formation indicating consolidation. Break above the triangle could trigger further upside momentum testing 170.50 while break below the triangle could continue the bearish scenario re-testing 105.43 region and keep the major bearish scenario [...] |
 | As both Scott Grannis and Brian Wesbury/Bob Stein pointed out today, unadjusted initial jobless claims fell to a 2-year low last week of 376,558, the lowest level since the first week of September 2008 (see chart … [visit site to read more] |
 | GBPUSD Forecast: The GBPUSD also had a significant technical move earlier today in Asian session, slipped below the bullish channel as you can see on my h4 chart below. This fact could trigger further bearish pressure testing 1.5340 and 1.5296 as the bullish correction could end here, especially if break below 1.5370. Another movement back [...] |
 | USDJPY Forecast: The USDJPY attempted to push lower yesterday, bottomed at 83.49 but closed higher at 83.77 and keep moving higher earlier today in Asian session, hit 84.28. Like I said yesterday, the rejection from 83.35 historical level could produce bearish exhaustion and price is making a new bullish channel after rebound from that support. [...] |
 | USDCHF Forecast The USDCHF bearish pressure was stopped and corrected higher yesterday, as I had expected. Earlier today in Asian session, as you can see on my h4 chart below, price continue the upside pressure, break above the trend line resistance indicating potential bullish reversal scenario at least in nearest term testing 1.0302. Immediate support [...] |
 | GOOD MORNING! EQUITIESThe US Equities continued their upmove yesterday following good Jobless Claim numbers and eased European debt worries. The Dow (10415.24) was up 0.27% and the SP 500 (1104.18) was up 0.48%. The Dow may not be able to break above 10500 easily in the coming days. The Asian Equities are mixed today. The Nikkei (9279.81, up 1.99%) surged following better than expected Japanese growth rate and weaker Yen. The markets may see some Resistance near 9350-75 next week. ... |
 | FXstreet.com (Córdoba) - The NZD/USD rally was halted at 0.7284 where the pair reached a fresh...
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 | FXstreet.com (Barcelona) - A waning British Pound slid passed 1.5400 on Friday, extending losses...
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 | FXstreet.com (Barcelona) - Euro decline from 1.2917 on Sept 6 continues to head south on Friday,...
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 | CURRENCY TRADING SUMMARY - 10th September (00:30 GMT) Written by Anthony Darvall U.S. Dollar Trading (USD) was slightly weaker on the back of small gains in US stocks and increasing demand for higher yielding assets. Weekly Jobless Claims beat expectations falling to 451k vs. 478k. July\'s Trade Bala... |
 | FXstreet.com (Córdoba) - The Dollar has strengthened recently and is rising sharply against its...
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 | OK, time to relax: the media, the central bank, a great many mainstream economists, and the Organization of Economic Co-Operation and Development are claiming that further economic weakness is off the table: “Fears of a Second Recession Ease, at Least for Now” (Associated Press) WASHINGTON ? No, the economy isn’t roaring ahead. And no, companies [...] |
 | The Chinese economy issued the trade balance surplus narrowed in August, recording $20.03 billion, compared with a previous surplus of $28.73 billion, while the actual reading came less than analysts\\' expectation that referred to $26.90 billion. |
 | FXstreet.com (Barcelona) - The Japanese Yen was denied from further progress on Thursday, after an...
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 | Dollar\'s firmness after breaking indicated resistance at 84.04 at Tokyo morning confirms corrective upmove from Wednesday\'s 15-year low at 83.34 has resumed and further gain towards measured objective at 84.63 would be seen, however, near term over-bought condition limit upside to 85.00 today and re... |
 | FXstreet.com (Córdoba) - AUD/USD managed to hold above the strong support area at 0.9220 after...
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 | EURUSD trades in a narrow range above 1.2659, a breakdown below this level will indicate that the downtrend from 1.2917 has resumed, then another fall towards 1.2587 previous low could be seen. Resistance is at 1.2765, a break above this level will suggest that a cycle bottom had been formed at 1.2659 on 4-hour chart, then further rally towards 1.2917 resistance could be expected to follow. |
 | FXstreet.com (Córdoba) - The Gross Domestic Product Annualized grew by 1.5% in Q2 2010 as expected,...
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 | The Japanese economy released the GDP final reading during the second quarter, which grew 0.4%, compared with a previous expanded 0.1% in the first quarter, while the actual reading came inline with analysts\\' expectations, which noted that.Moreover, Japan\\'s annualized GDP final reading rose 1.5% in ... |
 | North American Commodity Update Commodities – Energy Despite another Decline From Crude, the Commodity Essentially Unchanged Crude Oil (LS Nymex) – $73.79 // -$0.51 // -0.68% Volatility that is not accompanied by a consistent bearing is simply high-velocity chop. That is the general condition that most speculative based assets currently find themselves in. This is [...] |
 | FXstreet.com (Barcelona) For more information, read our latest forex news.
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 | The Aussie dollar continued its stellar run overnight rising to highs of 92.8 US cents assisted by US equities which were able to squeeze out some gains with the S&P rising near .5 percent. |
 | FXstreet.com (Barcelona) For more information, read our latest forex news.
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 | FXstreet.com (Barcelona) For more information, read our latest forex news.
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 | FXstreet.com (Barcelona) - Approaching again to 84.00 static resistance area, pair has retreated...
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 | FXstreet.com (Barcelona) - Inside day candle for Pound, strong lack of definitions in the cross has...
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 | FXstreet.com (Barcelona) - Losing ground early Asia, pair has reached an intraday high around...
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 | FXstreet.com (Córdoba) - The New Zealand\'s terms of trade index rose by 2.1% in the June quarter...
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 | FXstreet.com (Barcelona) For more information, read our latest forex news.
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 | The world economy is currently going through a recovery phase, albeit at a very slow pace. Although we are not out of the woods, and a fully phased upswing may take longer to establish than previously expected, the Telecommunications Industry is identified as a major driver of economic recovery. We believe that the overall economic [...] |
 | Palo Alto, CA ? September 9, 2010 ? SmartStops.net (www.smartstops.net), announced today the launch of the performance comparison calculator. The calculator analyzes the historical performance of equities comparing a buy and hold approach to one following a risk mitigation strategy. In addition to total return, risk exposure and opportunity costs are also quantified and the [...] |
 | FXstreet.com (Córdoba) - The Australian dollar rose this Thursday for second consecutive day,...
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 | We are maintaining our Neutral recommendation on Alnylam Pharmaceuticals (ALNY) with a target price of $15. Alnylam, founded in 2002 and headquartered in Cambridge, Massachusetts, focuses on developing novel therapeutics based on a biological breakthrough known as RNA (Ribo Nucleic Acid) interference (RNAi). Alnylam?s founders pioneered the discovery of RNAi, and the company is currently [...] |
 | KRN5500 Data Looks Strong On September 8, 2010, DARA BioSciences (NASDAQ:DARA) presented positive study results from its phase II dose escalation study with KRN5500 at the 13th World Congress on Pain. The multicenter, placebo-controlled phase II study was designed to evaluate the safety and efficacy of KRN5500 for treatment of neuropathic pain in patients with [...] |
 | The greenback hovered above 15-year low against the Japanese yen on Thursday. The messages from Japanese officials were mixed and investors bet the Japanese government were not ready to stem the yen\'s rise.Earlier in Asia, BOJ Governor Shirakawa said \'August 30 monetary easing wasn\'t aimed at dealin... |
 | The Beige Book is a collection of mostly anecdotal information from around the country collected by the twelve Federal Reserve districts. In general, it pointed to growth that was continuing but at a slower pace than the already anemic level of the previous months. No signs of a double-dip, but not a lot of evidence [...] |
 | Defense contractor Raytheon Company (RTN) announced that its unit Raytheon Missile Systems Co. has won a contract worth $165.3 million from the U.S. Department of Defense. As per the contract, the Missile Systems wing of Raytheon will be involved in the development of Standard Missile-3 Block IIA missile. The company will provide engineering services and [...] |
 | Computer Science Corporation (CSC) maintains its habit of winning deals at regular intervals. The company recently clinched a deal with an intelligence community agency, whereby it is expected to provide a delivery order to provide information technology (IT) services for two new sites in San Antonio, Texas and Augusta. As per the terms of the [...] |
 | FXstreet.com (Barcelona) - The Hegemonic currency could not sustain small gains made on Wednesday,...
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 | Abbott Labs (ABT) recently completed its acquisition of Indian company Piramal Healthcare Ltd.?s Healthcare Solutions business (Domestic Formulations) for $3.8 billion. In addition to an upfront payment of $2.2 billion, Abbott Labs will pay $400 million annually over the next 4 years. Position Strengthened in Indian Pharma Market The acquisition of Piramal?s Healthcare Solutions business [...] |
 | Houston-based merchant generator, Dynegy Inc. (DYN) is moving towards being acquired by an affiliate of The Blackstone Group L.P. (BX). Post-acquisition, Blackstone will sell a portion of Dynegy?s generation assets to NRG Energy Inc. (NRG), which is proactively looking at increasing its presence in California. Blackstone plans to close the transaction by the end of [...] |
 | FXstreet.com (Córdoba) ? The Pound rose during the American session to test daily highs that lie at...
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 | FXstreet.com (Barcelona) - US shares ended in positive territory on Thursday, as investors felt...
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 | CrowdGather, Inc. (CRWG) is an Internet company that specializes in the development and hosting of forum-based websites. The firm endeavors to monetize a network of online forums and message boards. Forums remain a much undervalued part of the Internet pie with $4.8 billion, and CrowdGather is the only public company dedicated to monetizing this area. [...] |
 | Shuffle Master Inc.?s (SHFL) fiscal 2010 third-quarter GAAP earnings grew 4.1% to $5.8 million from $5.6 million in the year-ago period. Excluding special items, earnings per share came in at 13 cents, which edged past the Zacks Consensus Estimate of 12 cents. The better-than-expected quarterly results were mainly attributable to higher revenues and improved gross [...] |
 | - Forex markets are in a scalping frame of mind following the too frequent shifts in sentiment recently. The markets did an about turn early in the day yesterday. Wise traders are becoming increasingly reluctant to jump onto the latest trend when each new shift in market sentiment has been extremely short-lived. The JPY continues to be a key focus of trade as forex intervention in the JPY may be growing closer. There were rumors yesterday about JPY intervention today that did not pan ... |
 | Forest Laboratories, Inc. (FRX) recently received a boost with an advisory panel of the US Food and Drug Administration (FDA) voting in favor of approving its antibiotic candidate, ceftaroline. Committee Unanimously in Favor of Approval The FDA?s Anti-Infective Drugs Advisory Committee voted unanimously (21-0) in favor of approving the candidate for the treatment of community-acquired [...] |