Roberto Jacobs / Blog
Weaker U.S Business Spending Dampens Rate Hike Expectations AUD / USD Expected Range: 0.7150 - 0.7330 The Australian dollar recouped Wednesday’s losses rallying back through 0.72 U.S cents during trade on Thursday...
Cycle Trading: Piecing Together Gold & Oil The pieces are coming together pointing to a daily cycle turn for gold. Gold printed its lowest point on Wednesday, day 23, following the peak on day 6. That places gold in its timing band to form a daily cycle low...
USD/JPY Remains Sub 110.00 Despite Poor CPI USD/JPY is currently trading in recovery of yesterday's sell-off overall, but the offer tone persists while price remains below the 110.00 level with lows made at 109.52. USD/JPY sold off yesterday as markets pushed back risks of BoJ intervention...
GBP/USD: Further Declines on the Cards? - FXStreet Valeria Bednarik, chief analyst at FXStreet explained the GBP/USD pair extended its weekly rally up to 1.4739, but turned lower after the release of some soft UK data. Key Quotes: "The second estimate of the Q1 GDP came in at 0...
AUD/USD: Supported in Recovery Channel on 0.72 Handle AUD/USD is currently trading at 0.7225 and was capped at 0.7243 overnight on the re-bound in the vicinity of the 200 sma on the hourly time frame at 0.7234 currently...
AUD/USD Recovers Ground but Remains Capped by 0.7200 The Australian dollar took a breather and managed to recoup some of its intraday losses against the greenback helped by better sentiment in financial markets seen during the American session. AUD/USD rebounded from a 2 ½-month low struck at 0...
Dollar Index Near Top of Bear Channel The relentless rise in the Dollar Index has continued today...
Analytical Review of the Stocks of 3M Company as of 24.05.2016 3M Company, #MMM [NYSE] Industrial goods, Diversified production, USA Financial performance of the company: Index – DJIA, S&P 500...
EUR/USD Makes Fresh 10-Week Lows The euro has continued losing ground to the greenback on Tuesday, with the shared currency under pressure amid equity gains and dragged down by the EUR/GBP cross and the dollar retaining a bid tone...