Technical analysis of GBPUSD for August 17, 2015

The cable has been consolidating tight range between 1.5700 and 1.5450 20Wsma.  This week traders eye UK’s CPI data and FOMC meeting minutes. Upcoming events:  Things should pick up rapidly Tuesday CPI data and Thursday […]

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Technical analysis of EUR/JPY for August 17, 2015

At today’s Asia’s session the Japan’s GDP data hits the wires. The GDP data contracted in the June quarter but not as feared. Japan Finance Minister Akira Amari: Second quarter GDP decline was mainly due […]

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Technical analysis of EURUSD for August 17, 2015

The pair managed to close above 20Wsma after 4 weeks, gained 1.3% at the previous week. Traders eye FOMC meeting minutes. Given the lack of Euro macroeconomic data it is understandably a quiet day in […]

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German Ifo promising data, US good quarterly results

Mixed feelings on the Asian stock markets as we await for the Bank of Japan and Fed to meet this week. Ahead of these announcements  there are numerous Japanese corporate results, which could be positive considering due to the weakness […]

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