Hello. I am interested in GBP/JPY. Recently, GBP's value has been getting down dramatically. I believe this is related to BREXIT things including Theresa May's resignation. Are there any expectations to get back to previous rate? (maybe around GBP/JPY 135 - 140?)
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2019-08-07 11:21
GBP/JPY
Claws&Horns Team, Analyst
Hello. At the moment, all technical indicators are giving signals of a strong downward movement. On Friday positive GDP data may provide a boost of confidence for the pound, but we doubt it will be enough to reverse the trend.
2019-03-04 17:46
GBP/JPY
Hello Sir/Madam. Is there any scheduled news which possibly cause a big movement to GBP/JPY in March?
I was wondering what news I should carefully follow this month.
I was wondering what news I should carefully follow this month.
Claws&Horns Team, Analyst
Hello. Well, obviously, the main event in March that will affect the market and GBP in particular is Brexit. On 12th of March there will be the final vote on the deal between EU and UK. The UK is currently scheduled to leave the European Union on 29 March. Meanwhile, this week you should pay attention to the Japan's GDP statistics on Friday which may put pressure on JPY.
2018-10-23 16:48
AUD/USD
Hello I would like to ask what is the meaning of this MA10 MA20 MA50 MA100 MACD BBands Ichimoku Stochastic William`s ZigZag
Claws&Horns Team, Analyst
MA, MACD, BBands, Ichimoku, Stochastic, William`s and ZigZag are the most popular technical indicators that give their readings in the form of signals.
The signals are the interpretation of the technical indicators embedded in the Meta Trader platform. For different time intervals (time frames), technical indicators can give different trading signals. Dotted arrows of green, red or black colors indicate the direction of price movement, which is indicated by a technical indicator on a specific time frame. The number of dotted arrows indicates the degree of signal strength. Three arrows mean the maximum signal level. An arrow pointing sideways means no pronounced signal.
The signals are the interpretation of the technical indicators embedded in the Meta Trader platform. For different time intervals (time frames), technical indicators can give different trading signals. Dotted arrows of green, red or black colors indicate the direction of price movement, which is indicated by a technical indicator on a specific time frame. The number of dotted arrows indicates the degree of signal strength. Three arrows mean the maximum signal level. An arrow pointing sideways means no pronounced signal.
2014-10-06 15:46
EUR/USD
How often does NFPA releases come out?
Claws&Horns Team, Analyst
Hello. NFPA releases are being published once a month, usually on Fridays. This data is among the most important information for the American economy and has a significant impact on the dollar.