This GBP/JPY report contributes to a set of systematic intraday pattern results involving JPY as the base currency. GBP/JPY as most other currency pairs tends to experience mean reversion around CET midnight.
GBP/JPY intraday seasonality overview, 2003-2010
Source: forexautomaton.com
- Tags:
- frontpage
Read more...
June 5, 2009
Hello all, As expected we are having pullbacks on almost all our pairs and are getting ready for new entries. See below for the pairs we are watching. "MUCH movement on all pairs today which will be setting up many pairs with new Drop In entries in the coming hours. This is the time to be alert....
Bank Stress Test – Most Passed, Some Didn’t Quite
The Federal Reserve released the stress test result at the end of Tuesday and concluded that 15 of the 19 biggest financial institutions in...
ECB to Enact New Measures
Source: ForexYard Thursday afternoon the ECB enacted multiple measures to help alleviate the financial crisis currently hitting the EU. First,...
USD/CAD Daily Outlook
Daily Pivots: (S1) 1.0849; (P) 1.0915; (R1) 1.0972. USD/CAD’s rally is still in progress and at this point, intraday bias remains on the upside for 1.1101 resistance first. Break there will confirm the pair has bottomed in medium term and bring stronger rally. On the downside, below 1.0859...
Euro Dips Ahead of Minimum Bid Rate
Source: ForexYard Negative comments by a top credit agency turned the euro bearish today, following several days of upward movement. The...