5:30AM GMT: The RBI (Reserve Bank of India) will meet to set its monetary policy. The bank meets every 2 months, with the last meeting on June 7th. The RBI’s official rate is the 1 day repo rate, which is essentially the rate for a collateralized loan. The bank last reduced rate to 6.5% in...
Last week we discussed the GBP/USD currency pair, after analysis we determined that we sit at an opportunity for a long position but potential for a price drop if our Senkou Span intersects with a crossover our price line. The immediate period following our analysis outlined our market falling...
12:30PM GMT: Statistics Canada will report on New Housing Price Index. This figure is reported on a monthly basis, and today’s data will be that of June 2016. This statistic is an index with base year 2007=100; it measures the average price of new residential houses. We expect the index to...
Hello Newbies,
My name is Kian Lavasani. I’m an M.S. candidate in Finance at the University of Texas at Dallas. My research focuses on forex technical analysis; putting strong emphasis on price trends and global economic policy. I've worked for JPMorgan in investment data operations; as well as...
GBP/USD Pair
Last week we discussed the GBP/USD currency pair, after analysis we determined that we sit at an opportunity for a long position but potential for a price drop if our Senkou Span intersects with a crossover our price line. The immediate period following our analysis outlined our...
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