International Business News - Most Popular Articles http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif The Euro continued descending significantly on Friday against the US Dollar from Friday's top 1.4793 to today's bottom 1.4649, which are the the first resistance and support levels respectively for the currency couple today. If the negative trend continues as we expect to, next support is expected at 1.4585, followed by 1.4500. In upward direction next resistance for today is expected ... 165020 http://www.ibtimes.com/articles/20080818/eur-usd-technical-analysis-18-august-2008.htm Mon, 18 Aug 2008 01:34:32 EDT Florida Gov. Charlie Crist said Tuesday he plans to tap reserves to cover part of a predicted $1.47 billion state budget deficit, but not the entire shortfall. 166011 http://www.ibtimes.com/articles/20080819/florida-to-tap-reserves-for-part-of-budget-deficit.htm Tue, 19 Aug 2008 13:29:39 EDT The Euro climbed significantly yesterday against the US Dollar from Monday's bottom 1.4649 to the top 1.4764, after which continued its descending trend from last week. The above are the the first support and resistance levels respectively for the currency couple today. If the negative trend continues as we expect to, next support is expected at 1.4585, followed by 1.4500. In upward directio... 165625 http://www.ibtimes.com/articles/20080819/eur-usd-technical-analysis-19-august-2008.htm Tue, 19 Aug 2008 01:39:20 EDT Michael Phelps, the swimming star of the Beijing Olympics, denied he is dating swimmer Amanda Beard, ExtraTV.com reported on Tuesday. 166098 http://www.ibtimes.com/data/articleimgs/112174-michael-phelps.jpg http://www.ibtimes.com/articles/20080819/michael-phelps-denies-dating-amanda-beard.htm http://www.ibtimes.com/articles/20080819/michael-phelps-denies-dating-amanda-beard.htm Tue, 19 Aug 2008 14:57:48 EDT "Harry Potter" star Daniel Radcliffe has revealed he suffers from dyspraxia, a neurologically based disorder, a condition that can cause problems with co-ordination. 165415 http://www.ibtimes.com/data/articleimgs/111476-daniel-radcliffe.jpg http://www.ibtimes.com/articles/20080818/harry-potter-daniel-radcliffe-dyspraxia-disorder-neurological-condition-shoelaces.htm http://www.ibtimes.com/articles/20080818/harry-potter-daniel-radcliffe-dyspraxia-disorder-neurological-condition-shoelaces.htm Mon, 18 Aug 2008 15:31:12 EDT The chart shows my long term count for the EUR/USD movement started from 1985 year. It suggests that it is developing as a zigzag correction with wave B of the zigzag developed as an irregular triangle as is shown on the chart. This count suggests that there should be a complete retracement of wave C of the zigzag for less time than it took to form. In our case this means that if 1.6038 is the end... 165720 http://www.ibtimes.com/articles/20080819/eur-usd-elliott-wave-long-term-analysis.htm Tue, 19 Aug 2008 06:54:02 EDT 35bn due overthe remainder of this week which will tend to put upward pressure on theJapanese currency. There will also be further speculation of a forced closingof long positions in the Australian and New Zealand dollars which could triggersharp yen gains. The Japanese currency regained some ground... 164942 http://www.ibtimes.com/articles/20080817/daily-currency-analysis-aug-17.htm Sun, 17 Aug 2008 12:00:00 EDT These are the profound words of Mark Twain. Although no two markets are exactly alike, today I’ll examine the phenomenon known as "blood in the streets," an occurrence that repeats throughout market history. I’m not giving you investment advice here; rather, I’m presenting two specific commodities that are potentially ringing the bell you hear at, or near, the bottom. In previous letters, I'v... 165492 http://www.ibtimes.com/articles/20080818/history-doesn-039-t-repeat-but-it-does-rhyme.htm Mon, 18 Aug 2008 17:41:21 EDT The British Pound continued descending significantly yesterday against the US Dollar from Monday's top 1.8720 to today's bottom 1.8539, which are the the first resistance and support levels respectively for the currency couple today. If the negative trend continues, as we expect for today, next support is expected at 1.8470, followed by 1.8400. In upward direction next resistance for ... 165676 http://www.ibtimes.com/articles/20080819/gbp-usd-technical-analysis-19-august-2008.htm Tue, 19 Aug 2008 04:14:57 EDT A correction was bound to happen as gold was heavily oversold. We expect the continuation of the upside movements on the short term but we shouldn\'t forget that the medium term trend is to the downside. The trading range for today might extend among the support level at 755.00 and the resistance lev... 165030 http://www.ibtimes.com/articles/20080818/fundamental-analysis-for-precious-metals-gold-8-18-2008.htm Mon, 18 Aug 2008 03:21:01 EDT The Euro continued climbeding significantly yesterday against the US Dollar from Tuesday's bottom 1.4634 to today's top 1.4802, which are the the first support and resistance levels respectively for the currency couple today. If the positive trend continues as we expect to, next resistance is expected at 1.4870, followed by 1.4930. In downward direction next support for today is expect... 166338 http://www.ibtimes.com/articles/20080820/eur-usd-technical-analysis-20-august-2008.htm Wed, 20 Aug 2008 01:41:53 EDT Despite intra-day brief fall to 1.4645 (Australia), the subsequent rebound suggests recent decline has formed a temporary low there and consolidation with mild upside bias would be seen for correction to 1.4800, however, reckon 1.4840/50 (previous support, now resistance) would hold from here and yi... 165051 http://www.ibtimes.com/articles/20080818/eur-usd-daily-market-outlook.htm Mon, 18 Aug 2008 03:01:00 EDT Christina Applegate has had both of her breasts removed after being diagnosed with breast cancer, and says that she is now "absolutely 100 per cent clear and clean." 165936 http://www.ibtimes.com/data/articleimgs/111982-christina-applegate.jpg http://www.ibtimes.com/articles/20080819/christina-applegate-cancer-breat-survivor-mastectomy.htm http://www.ibtimes.com/articles/20080819/christina-applegate-cancer-breat-survivor-mastectomy.htm Tue, 19 Aug 2008 12:01:06 EDT The British Pound started climbing significantly on Friday against the US Dollar from Friday's bottom 1.8518 to today's top 1.8723, which are the the first support and resistance levels respectively for the currency couple today. If the negative trend continues, as we expect for today, next support is expected at 1.8470, followed by 1.8400. In upward direction next resistance for toda... 165053 http://www.ibtimes.com/articles/20080818/gbp-usd-technical-analysis-18-august-2008.htm Mon, 18 Aug 2008 04:23:17 EDT We see that direction indicators and volume indicators are overcoming the momentum indicators that show gold being oversold where despite this, the metal is still heavily declining after a slight correction. We expect today retesting the $775 per ounce level and trying to breach it to reach the firs... 165652 http://www.ibtimes.com/articles/20080819/fundamental-analysis-for-precious-metals-gold-8-19-2008.htm Tue, 19 Aug 2008 03:21:02 EDT EUR USD held on to last week's low at 1.4655 and posted a slightly better close. Technically this market needs to regain 1.4699 to encourage new buying. The fundamentals are bearish longer term for the Euro. Economic contraction and the threat of lower rates later this year is likely going to lead to more selling. 165595 http://www.ibtimes.com/articles/20080818/dollar-weakens-as-fannie-and-freddie-problems-will-not-go-away.htm Mon, 18 Aug 2008 22:00:22 EDT The EUR USD rallied sharply higher after a new move lower on Tuesday as the U.S. reported a higher than expected wholesale inflation number and housing starts decreased. If these markets behaved normally, traders would be trying to decide when the Fed would raise rates to combat inflation. This would have triggered a Dollar rally. 166262 http://www.ibtimes.com/articles/20080819/wholesale-inflation-rise-weakens-the-dollar.htm Tue, 19 Aug 2008 18:34:14 EDT Auto brand Ford, along with movies 'Sex and the City' and 'Iron Man' were among the award winners for product placement in number one films during the past year according to brand tracker Brandchannel. 165426 http://www.ibtimes.com/data/articleimgs/111571-new-line-cinema.jpg http://www.ibtimes.com/articles/20080818/product-placement-ford-sex-and-the-city-iron-man.htm http://www.ibtimes.com/articles/20080818/product-placement-ford-sex-and-the-city-iron-man.htm Mon, 18 Aug 2008 15:38:06 EDT Barack Obama will publicly disclose his vice presidential choice in the coming days, though the Democrat is keeping most aides who are preparing for the announcement in the dark and is giving away nothing to voters as he campaigns. 165594 http://www.ibtimes.com/data/articleimgs/111668-obama-2008.jpg http://www.ibtimes.com/articles/20080818/obama-veep-announcement-expected-in-coming-days.htm http://www.ibtimes.com/articles/20080818/obama-veep-announcement-expected-in-coming-days.htm Mon, 18 Aug 2008 21:54:57 EDT In a press briefing in London, BHP's CEO, Marius Kloppers had a number of points to make in answer to questions, among which was an effective denial of any interest in bidding for Impala Platinum. 165238 http://www.ibtimes.com/articles/20080818/impala-platinum-bid-from-bhp-billiton-effectively.htm Mon, 18 Aug 2008 10:22:00 EDT