Roberto Jacobs / Blog
European Indices Trade with Negative Bias ahead of BOE Policy Update European indices opened lower on Thursday before turning flat as investors waited for the Bank of England's monetary policy decision and its updated outlook on inflation and economy from its latest Quarterly Inflation Report...
FxWirePro: Norwegian Crown Rises to Nine-Day High vs Euro After Norges Bank Decision, GDP Numbers EUR/NOK is currently trading at 9.2593 levels. It made intraday high at 9.3323 and low at 9.2530 levels. Today Norway Central bank kept policy rate unchanged at 0.50 percent...
FxWirePro: BTC/USD Struggles to Break Above $470, Good to Sell on Rallies Major resistance -$470 (Apr 26th 2016) BTC/USD has once declined till $447 after making a high of $457.99 yesterday. It is currently trading around $450...
FxWirePro: USD/SGD Fails to Break Key Support at 1.3623, Good to Buy on Dips USD/SGD is currently trading around 1.3690 marks. It made intraday high at 1.3695 and low at 1.3656 levels. Intraday bias remains bullish for the moment. A sustained close above 1.3723 tests key resistances at 1.3772/ 1...
Technical Analysis of USD/CHF for May 12, 2016 USD/CHF is expected to trade with a bullish bias as the key support stands at 0.9680. The pair stands firmly above its horizontal level at 0.9680, and is likely to post further advance to 0.9765 at first...
Technical Analysis of NZD/USD for May 12, 2016 NZD/USD is expected to trade with a bullish bias above 0.6790. The pair remains on the upside, backed by its rising 50-period moving average, which now acts as a support role, and should maintain a positive bias...
Technical Analysis of GBP/JPY for May 12, 2016 GBP/JPY is expected to trade with a bullish bias above 123.20. The pair is moving sideways around its 20-period and 50-period moving averages and stands above its support at 156.35...
Technical Analysis of USD/CAD for May 12, 2016 General overview for 12/05/2016: The downward wave progression is developing as anticipated, but the corrective pattern evolves towards z triple zig-zag. The projected tag for the wave c termination is still at the level of 1...
Technical Analysis of EUR/JPY for May 12, 2016 General overview for 12/05/2016: The price reaction from the grey rectangular typical zone was promising and even the first impulsive wave might be labeled after the drop, but the market was to weak to break out below the important support at the lev...