0.0 00 The NZD/CHF (0.7444) is not in the top ten currency pairs to analyze and trade. It is not as political as the USD or the EUR. But, as an investor you want to …
Read More »Gold Prices Hit a Level Not Seen Since 2010
0.0 00 Gold (1144.86) The yellow metal has been falling through supports ever since a bearish evening star candlestick appeared below the resistance at 1255.10. This is a technical level supported by the 55 day moving …
Read More »Republicans Win Control of the U.S. Senate
0.0 00 Election Day 2014 is now over. The Republican Party has wrestled control from the Democrats in the United States Senate as they now hold 52 seats. There are still some races that are too …
Read More »EUR/GBP Bounces Higher, What’s Next? There is a Trade Here
0.0 00 EUR/GBP (0.7837) Resistance Levels: 0.7895, 0.7955, 0.8030 Support Levels: 0.7805, 0.7730, 0.7655 The EUR/GBP fell lower after the formation of a bearish reversal signal. Note the Dark Cloud candlestick below 0.8033, please refer to the …
Read More »Daily Video Analysis: Crude Oil Continues to Fall Lower
0.0 00 Good morning and welcome to CupO’Forex. This is David Frank with your daily video analysis for Wednesday, November 5. Asian and Pacific Rim markets are lower this morning as the Nikkei is coming off …
Read More »USD/CAD — UPDATE: Trend pattern is reversing – great opportunity for traders!
0.0 00 As quoted in an earlier post, by David Frank, the USD/CAD was showing a clear bullish pattern and increasing steam forward. Now, looking at the hourly chart below, we see a peak emerging: …
Read More »Kiwi/Dollar Eyes Below 0.77
0.0 00 NZD/USD (0.7748) Resistance Levels: 0.7768, 0.7870, 0.7969 Support Levels: 0.7680, 0.7604, 0.7470 The NZD/USD continues to push lower, for a number of reasons that I wrote about in an earlier article on how dairy prices …
Read More »The Nikkei Soars Higher. But Is Now the Time to Buy?
0.0 00 The Nikkei, Japan’s benchmark stock index has been on one big rally since the Bank of Japan (BOJ) brought out the big guns to provide fresh support for their flagging economy. Today, the Nikkei …
Read More »AUD/USD Support Holds at 0.8640
0.0 00 AUD/USD (0.8723) Resistance Levels: 0.8730, 0.8800, 0.8885 Support Levels: 0.8640, 0.8530, 0.8440 Even with today’s Reserve Bank of Australia (RBA) rate decision, there was little movement in the AUD/USD. The Ozzie Dollar continues its …
Read More »Daily Video Analysis: The RBA Holds on Interest Rates
0.0 00 Good morning and welcome to CupO’Forex. This is David Frank with you video analysis for Tuesday, October 4. Today is another busy day. In fact it will be busy the rest of the week …
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