0.0 00 Overnight U.S. stocks hovered around record highs. At first they retreated rather soundly but ended up closing back near their peaks. Investors are looking at Europe’s slowing economy and retailer’s earnings like Macy’s (M: …
Read More »Gold – is it anchoring new depths or on a way to recovery?
0.0 00 Gold has been written about by virtually every news and reporting agency. It has dropped in one month from 1250 to around the present of 1161. The trend was a classic bearish …
Read More »The Dollar/Yen Tries to Push Past its High
0.0 00 USD/JPY (¥115.707) The USD/JPY continues to keep us on the edge of our seats as we are waiting to see if we can find the strength to break above the peak at 115.98/116.00. Right …
Read More »Daily Video Analysis: Gold Continues to Push Lower
0.0 00 Good morning and welcome to CupO’Forex, this is David Frank with your daily video analysis for Thursday, November 13. The slow economic news week continues. Markets have been pushing higher as they have been …
Read More »The Shanghai-Hong Kong Stock Connect, How to Trade it
0.0 00 The Shanghai-Hong Kong stock connect is getting ready to launch. It will be a catalyst for both of these markets but how can we benefit from this cross border equities link? The Hong Kong …
Read More »GBP/USD — Waiting for the speech from the Monetary Throne
0.0 00 We are excitedly waiting for the economic strategy from England today. As our chief analyst reported in the video segment: On the daily chart the Pound is showing on a continuing downward trend: On …
Read More »Still Staying Bearish with the Euro
0.0 00 EUR/USD (1.2462) The euro is still trading below the key technical level at 1.25. Please refer to the above daily MT 4 chart. This weakness was confirmed after piercing line candlestick failed to confirm …
Read More »Daily Video Analysis: It is all About England’s Inflation Report Today
0.0 00 Good morning and welcome to CupO’Forex. This is David Frank with your daily video analysis for Wednesday, November 12. This has been one very light week for heavy impacting economic data. The exact opposite …
Read More »Gold Turns Lower After Failing Near $1178.85
0.0 00 Gold (1156.32) The yellow metal has once again failed to bounce higher. We have met stiff resistance just below a cluster zone at 1178.85 to 1180.85. As you can see on the above daily …
Read More »Is Weakness in Crude Oil and Energies Fuel for Stock Prices? Yes!
0.0 00 Crude oil has been falling and weaker energy prices, overall, has been helping to fuel the recent rally that we are currently witnessing in global stock markets. Stocks soared higher yesterday. U.S. markets set new record …
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