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GBPJPY Tripple Inside Day Combo – Waiting for a Breakout

GBPJPY Tripple Inside Day Combo – Waiting for a Breakout

Jul 3, 2015 03:48
Non Farm Payroll was released last session, 1 day earlier than normal to accommodate for the July 4th holiday for the USA. The impact of NFP was mild on some pairs, but no...

Majors»

GBPJPY Tripple Inside Day Combo – Waiting for a Breakout

GBPJPY Tripple Inside Day Combo – Waiting for a Breakout

Jul 3, 2015 03:48
Non Farm Payroll was released last session, 1 day earlier than normal to accommodate for the July 4th holiday for the USA. The impact of NFP was mild on some pairs, but no...

Minors»

AUD/USD Forecast June 29 – July 3

AUD/USD Forecast June 29 – July 3

Jun 28, 2015 14:16
AUD/USD softened late in the week, and lost about 80 points over the week. The pair closed the week at 0.7746. It’s a busy week ahead, with just 11 events on the...
  • USD/CAD Forecast June 29 – July 3
    USD/CAD Forecast June 29 – July 3
    It was another uneventful week for the Canadian dollar as USD/CAD was unchanged. The pair closed the week...
    on Jun 28, 2015 11:46
  • NZD/USD Forecast June 29 – July 3
    NZD/USD Forecast June 29 – July 3
    The New Zealand dollar found it hard to recover after the previous blows and reached new lows. The focus is now...
    on Jun 28, 2015 09:12
  • AUD/USD Forecast June 22-26
    AUD/USD Forecast June 22-26
    AUD/USD showed some movement in both directions, but closed the week unchanged. AUD/USD closed the week at 0.7743. It’s...
    on Jun 21, 2015 13:54

Basics & Industry»

Greek crisis – updates from 7 forex brokers

Greek crisis – updates from 7 forex brokers

Jun 28, 2015 16:34
The crisis in Greece has significantly deteriorated over the weekend. This implies extreme volatility as markets open in early Asian trading. Some brokers have taken measures...

Recent Articles

GBPJPY Tripple Inside Day Combo – Waiting for a Breakout

GBPJPY Tripple Inside Day Combo – Waiting for a Breakout

Non Farm Payroll was released last session, 1 day earlier than normal to accommodate for the July 4th holiday for the USA. The impact of NFP was mild on some pairs, but no impact here on the GBPJPY daily chart. As a result of the indecision, this market has dropped it’s third Inside Day. A

Leak forced IMF to publish Greek debt report – why wasn’t it on the table?

Leak forced IMF to publish Greek debt report – why wasn’t it on the table?

The IMF released a report Greece needs debt relief and a new aid package. Not only was this report off the negotiations table, but the IMF admitted on a call that it was forced to publish it due to a leak. It also added that it would not sign up to any new deal that does not

EUR/USD: Keeping A Wider Range For The Week Ahead – BTMU

EUR/USD: Keeping A Wider Range For The Week Ahead – BTMU

The never-ending Greek crisis is set to reach another climax on Sunday with the Greferendum. Recent polls show a tight race and the uncertainty implies high volatility at the Asian open. What levels should we look at any scenario? The team at BTMU explains: Here is their view, courtesy of eFXnews: Bank of Tokyo Mitsubishi (BTMU) is

IMF admits Greece will need large scale debt relief + €50 billion – Will it trigger new talks?

IMF admits Greece will need large scale debt relief + €50 billion – Will it trigger new talks?

Varooufakis said he would rather cut off an arm than sign an agreement without debt relief. He said this view is shared by the US government and the IMF. And now, the IMF came out with a new report saying a large scale debt relief is needed and also 50 billion euros. Europe would have to

Analysis: NFP risks second rate hike, not the first in September – 5 points

Analysis: NFP risks second rate hike, not the first in September – 5 points

The Non Farm Payrolls disappointed with a weak headline number, negative revisions and mostly painfully no monthly change in wages. This puts the y/y change at only 2% after the breakout we had last time. With no wage inflation, there is no real rise in core inflation which the Fed cares about. Nevertheless, and assuming

Non-Farm Payrolls: only +223K, wages flat – USD slips

Non-Farm Payrolls: only +223K, wages flat – USD slips

Disappointing data: 223K job gains, earnings 0% m/m, 2% y/y. The unemployment rate is 5.3% but the participation rate is only 62.6%, lowest since 1977. Most data points fall short. The bigger disappointment comes from wages. USD down with EUR/USD recapturing 1.11. However, the moves aren’t that strong. Non-Farm Payrolls were expected to show a gain of 230K in June

EURUSD, GBPUSD, USDJPY Technical Analysis, Pivot Points – July 2 2015

EURUSD, GBPUSD, USDJPY Technical Analysis, Pivot Points – July 2 2015

EURUSD Daily Pivots R3 1.1265 R2 1.1219 R1 1.1135 Pivot 1.1088 S1 1.1004 S2 1.0957 S3 1.0874 EURUSD (1.106): EURUSD saw a bearish close yesterday but the range remained within Monday’s high and low. As noted yesterday, this range play could be seen until Thursday’s NFP release. On the H4 charts, price attempted to break

Investors Await Greek Referendum

Investors Await Greek Referendum

Good morning. Twenty fours ago, it appeared that Greek Prime Minister Tsipras had finally capitulated with a conciliatory letter to EU creditors asking for a new bailout that would accept many of their terms. North American equities took the baton from Europe and finished the day a sea of green, optimistic a deal was imminent.

EUR: Trading Greek Outcomes – BNPP

EUR: Trading Greek Outcomes – BNPP

Greeks go to the polls on Sunday to vote on the creditors’ proposals. The most recent poll shows a tight race. How will the euro react? The team at BNP Paribas weighs in: Here is their view, courtesy of eFXnews: The pace of new information on Greece may slow now, with the Greek government having signalled

GBP/USD: Trading the British Services PMI

GBP/USD: Trading the British Services PMI

The British Services PMI (Purchasing Managers’ Index) is based on a survey of purchasing managers in the services sector. Of the three British PMI reports, Services PMI is considered the most important. A reading which is higher than the market forecast is bullish for the pound. Here are all the details, and 5 possible outcomes for GBP/USD. Published on Friday