0.0 00 The rather tepid, mediocre economic data out of Australia, as of late might have made some happy, but the bottom is getting ready to fall out. This is causing many economists, like myself, to …
Read More »GBP/CAD — Ride the bears downhill for profit
0.0 00 GBP/CAD – 1.809 The pound is currently trading at 1.809, with resistance as low as 1.8095 and support on high as 1.81025. It is currently trading at the bottom of the bollinger bands and …
Read More »EUR/USD Falls as Sellers Eye Below 1.23
0.0 00 EUR/USD (1.2373) Resistance Levels: 1.2430, 1.2605, 1.2690 Support Levels: 1.2290, 1.2145, 1.1970 The euro continue to shrink as traders were not very impressed with what Mario Draghi had to say after the ECB rate …
Read More »Daily Video Analysis: The Euro Dives Below 1.25, Later Today We Get the NFP
0.0 00 Good morning and welcome to CupO’Forex. This is David Frank with your daily video analysis for Friday, November 7. What a busy and exciting week. Friday is going out the same way the week …
Read More »The ECB and BOE Leave Rates Alone
0.0 00 The Bank of England (BOE) has decided to keep their interest rate at a record low of 0.5 percent. They also made no modifications to their asset purchase program which remained at £375 billion. …
Read More »Will Quantitative Easing be Hard for the ECB? Bernanke Thinks So
0.0 00 There is a lot hinging on today’s monetary policy decision from the European Central Bank (ECB). Will they finally implement an American style quantitative easing program (QE)? Probably but one former central bank president, …
Read More »The Euro/Dollar Is Treading Water
0.0 00 EUR/USD (1.2522) Resistance Levels: 1.2602, 1.2705, 1.2885 Support Levels: 1.2430, 1.2285, 1.2140 The EUR/USD is treading water around the key technical level at 1.25. We went below this level just recently, see the above daily …
Read More »Daily Video Analysis: Will the BOE Normalize Economic Policy Today?
0.0 00 Good morning and welcome to CupO’Forex. This is David Frank with your daily video analysis for Thursday, November 6. Let’s get started as we have a busy day. First off U.S. markets closed in …
Read More »Silver – lowering to new depths and new margin opportunities
0.0 00 Silver is mirroring Gold at the present time. We see it reaching new depths not seen since before 2010. For traders this is another lifetime! It we look at the weekly chart below we …
Read More »EUR/CHF — New Bottoms expected on the Euro and great profits emerge for you
0.0 00 EUR/CHF – 1.20313 The EUR/CHF Currency pair is continuing in a bearish path. Looking at the hourly chart below we see the bearish pattern continuing from October. There are slight waves of recovery but …
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