0.0 00 Good morning. Welcome to CupO’Forex. This is your daily video analysis for Monday, September 22. We had an interesting week last week as the Alibaba (BABA: NYSE) had a successful IPO, the U.S. Federal …
Read More »Economic Analysis: Equities, Do Not Panic Now…
0.0 00 What a horrible day for those of us who love growth in global equity markets. Right? OR Was it was just one of those days, where nothing went right. It was a day that …
Read More »Daily Forex Technical Analysis: The Dollar Stalls Versus the Yen
0.0 00 USD/JPY (¥108.773) Support Levels: ¥108.20, ¥107.50, ¥106.20 Resistance Levels: ¥109.20, ¥109.95, ¥110.65 The dollar has stalled out against the Japanese yen. We have seen the formation of what is called a Harami …
Read More »Daily Forex Technical Analysis: Euro heading to March Levels against Australian Dollar
0.0 00 EUR/AUD – 1.447 Investors could expect a continuing bullish trend for the EURAUD pair. The monthly chart, seen below, shows a trend to flatten with support at around 1.445-1.446. Resistance is showing as high …
Read More »Daily Forex Technical Analysis: The NZD Struggles to Gain Ground
0.0 00 NZD/USD (0.8120) The Kiwi has been struggling not to visit a floor near the key technical level at 0.8060. We saw some signs of a reversal when a piercing candlestick formed. This would have …
Read More »Economic Analysis: Blackstone Leaves Russia
0.0 00 The Blackstone Group (BX: NYSE), one of the United States leading private equity groups is hoisting the white flag and leaving Russia. Even investment firms who have seemingly strong connections are giving up doing business …
Read More »Daily Technical Analysis: GBP/USD Trend line comes into Play
0.0 00 GBP/USD (1.6355) We are paying close attention to the weekly RSI and chart for today. We see a roll over concerning the RSI from 70. This has only happened three other times, 2007, 2006 …
Read More »Daily Video Analysis: China Slashes its REPO Rate
0.0 00 Good morning and welcome to CupO’Forex. This is you daily video analysis for Friday, September 19. China made some early waves, positive ones, as they have cut their short term Repo rate by 20 …
Read More »Daily Forex Technical Analysis: Pound set to rise on the Dollar
0.0 00 GBP/USD – 1.644 Investors could expect a continuing rise on the Sterling. Daily charts are shown a bullish trend continuing. Looking at the daily we see trading at 1.646. The support is in …
Read More »Economic Analysis: Alibaba Sets an IPO Price at $68
0.0 00 China’s eCommerce giant, Alibaba, which will be listed on the New York Stock Exchange (NYSE) under the ticker BABA has set a price for its widely anticipated initial public offering (IPO), at $68 per …
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