Roberto Jacobs / Blog
NZD/USD and EUR/NZD: Levels, Ranges, Targets What drives NZD/USD is the revolving correlations to EUR/USD which in turn affect NZD/USD's relationship to EUR/NZD. Its a common relationship because the only connection NZD/USD has to American and European markets is through EUR/NZD...
Bitcoin Stays Below $450 In short: short speculative positions, target at $153, stop-loss at $515. Bitcoin has enjoyed a spell of decreased volatility which has led some commentators to draw parallels between the currency and other asset classes, gold being an example...
NZD/USD Recovery Finds Resistance at 0.6750 NZD/USD managed to move off daily lows during the last hours but the recovery found resistance at 0.6750 and currently it trades at 0.6735/38, down 0.32% for the day. The pair is falling after printing minor gains during the previous three days...
USD/CAD Briefly Falls Below 1.3100 on Higher Oil Prices, Better Sentiment The Canadian dollar received a boost and dragged USD/CAD to fresh daily lows during the American session, supported by higher oil prices and improved market sentiment. USD/CAD pulled back from a 7-week peak of 1...
USD/JPY Climbs to Challenge 110.00 USD/JPY extended gains to fresh daily highs and approached to the 110 mark, following the release of stronger-than-expected US housing data. USD/JPY stretched to the upside and touched a high of 110...
FTSE Spikes Despite Chance of Hike FTSE breaks higher, yet range persists for now Rate hike continues to cast shadow US new home sales back to 2007 levels The US markets have followed the European lead this morning, with stocks soaring higher once more today...
Another Bremain Positive Poll Lifts GBP: New Lows Against the EUR, Bid Tone in the USD Limits Cable GBP provided the early volatility in the FX markets, as the latest EU poll from Telegraph/ORB continued show the ‘remain’ camp extending their lead – Tory voters and older generations moving back o...
EUR/GBP Triggered & German ZEW Declines German ZEW sentiment survey fell to a 6.4 reading from 11.2 in the previous month. The median had been for a rise to 11.7...
Elliott Wave Analysis: USD/CAD Looking Higher; Intraday Uptrend Still Seems Incompleted USD/CAD is still on the upside move after a few minor corrections. Current pullback we see as a flat formation pattern with support seen around 1...