0.0 00 GBP/USD (1.5839) Resistance Levels: 1.5895, 1.5990, 1.6180 Support Levels: 1.5680, 1.5530, 1.5370 The Sterling, or the British Pound, has been gaining some ground versus the U.S. Dollar. This move has been very cautious as …
Read More »AUD/JPY — With Asian Markets up and US Markets how with this pair favor?
0.0 00 We know that the Asian Markets and US Markets are up — traders can follow our Video Analysis from our chief analyst David frank from this morning. How will the AUD/JPY carry in this …
Read More »Daily Video Analysis: Asian Markets Soar on U.S. Record Closes
0.0 00 Good morning and welcome to CupO’Forex, this is David Frank with your daily video analysis for Tuesday, November 11. This is not a terribly big news day for economic data. Last week we had …
Read More »USD/JPY Begins to Pullback from ¥115.50
0.0 00 USD/JPY (¥114.310) The dollar/yen has pulled back after running out of steam neat ¥115.50. See the above daily MT 4 chart. We are now seeing the formation of a bearish engulfing candlestick just below …
Read More »Gold — Digging for a trend — Bullish or Bearish – or is it bottoming?
0.0 00 Gold is currently trading at 1171.91 is down from the weekend close. If we look at the daily trend here: We see in the daily the metal peaked at the beginning of October …
Read More »Alibaba Set for Record Sales on Singles Day
0.0 00 Alibaba (BABA: NYSE) is getting ready to smash its single day sales record. This is being driven by China’s growing internet population and the ever increasing number of retailers participating. This will be held …
Read More »The Ozzie Dollar Probes Above 0.8660
0.0 00 AUD/USD (0.8670) The AUD/USD is entering a key trading day. Here is what is going on, refer to the above daily MT 4 chart for now. We have a bullish engulfing candlestick which has …
Read More »Daily Video Analysis: Asian Markets Higher on Hong Kong Stock Connect News
0.0 00 Good morning and welcome to CupO’Forex, this is David Frank with your Daily Video Analysis for Monday the 10th of November. Asian markets are a bit higher on Hong Kong Stock Connect news, especially mainland …
Read More »USD/CAD — Look ahead for movement coming in at the start of the markets – Loonies flying north!
0.0 00 USD/CAD — End trading was at: 1.13265 and the minute chart show that on the last day of trading (Friday) the popular currency pair was hovering with support and resistance at 1.13200 and 1.13375 …
Read More »Gold Pauses to Digest its Steep Losses This Week
0.0 00 Gold (1143.80) The yellow metal has pushed lower, near 10 year lows, after forming an Evening Star candlestick, which is a bearish reversal signal. Please see the above daily MT 4 chart. Sellers are …
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