Roberto Jacobs / Blog
Where Now After NFP? - ANZ Analysts at ANZ explained that the NFP report had something for everyone, but it does confirm the ongoing improvement and absorption of slack in the labour market...
BoJ to Intervene? - BBH Analysts at Brown Brothers Harriman explained that while the BOJ could intervene, we continue to attribute a low risk in the run-up to the G7 meeting toward the end of the month...
EUR/USD: Wave Analysis and Forecast for 06.05 – 13.05 EUR/USD: Uptrend continues. Estimated pivot point is at the level of 1.1211. Our opinion: Buy the pair from correction above the level of 1.1211 with the medium-term target of 1.18 – 1.20...
GBP/USD: Wave Analysis and Forecast for 06.05 – 13.05 GBP/USD: Correction has completed. The pair is likely to decline. Estimated pivot point is at the level of 1.4770. Our opinion: Sell the pair from correction below the level of 1.4770 with the target of 1.4285 - 1.4040...
USD/CHF: Wave Analysis and Forecast for 06.05 – 13.05 USD/CHF: The pair is likely to decline. Estimated pivot point is at the level of 0.9790. Our opinion: Sell the pair from correction below the level of 0.9790 with the target of 0.9130...
USD/JPY: Wave Analysis and Forecast for 06.05 – 13.05 USD/JPY: The pair is likely to grow. Estimated pivot point is at the level of 105.50. Our opinion: Buy the pair from correction above the level of 105.50 with the target of 109.40 – 111.90...
USD/CAD: Wave Analysis and Forecast for 06.05 – 13.05 USD/CAD: The pair is likely to grow. Estimated pivot point is at the level of 1.2453. Our opinion: Buy the pair from correction above the level of 1.2453 with the target of 1.33 – 1.3540...
US Stocks end Higher, but Post Second Weekly Loss in a Row US stocks reversed early losses and managed to close the day with gains, although main Wall Street indexes posted the second weekly loss in a row. The Dow Jones gained 79.92 points, or 0.45%, to close at 17,740.63. The S&P 500 rose 6...
Oil Posts Daily Gain but Finishes the Week Lower Oil prices settled higher on Friday, although off session highs, supported by a decline in US oil rig count while wildfires in Canada continue to raise supply concerns. West Texas Intermediate crude for June delivery reached a high of $45...