Roberto Jacobs / Blog
US NFP Preview: 9 Major Banks Expectations from the April Release We are closing in on the April’s release of US Non-Farm Payrolls data. The following are the expectations as forecasted by the economists and researchers of 9 major banks...
CAD Jobs Report: What to Expect of USD/CAD? Canadian labour market will publish its monthly report early in the NA session today, with consensus expecting the Employment Change to have increased by just 1K during April, while the jobless rate is seen ticking higher to 7.2% from March’s 7.1...
US Non-Farm Payrolls Preview: What to Expect of EUR/USD? The USD selling has gained further traction as we progress towards the US jobs release, with the EUR/USD pair staging a minor-rebound above 1.14 handle...
Technical Analysis of US Oil for May 06, 2016 After breaking the descending channel the US oil continued rising and met the resistance at 46.00 which is the 23.6% Fibonacci applied to the channel breakout point. This level was rejected twice...
EUR/GBP Turns Negative but Holds 50-Day SMA Support The EUR/GBP pair attracted fresh offers from 0.7900 neighborhood and swung back into negative territory to currently trade flat at Thursday's closing level of 0.7874. After yesterday's fall from 0.7927 level to 0...
EUR/USD Pushes Higher, Near 1.1430 ahead of NFP The single currency keeps its buoyant tone at the end of the week, lifting EUR/USD to session tops near 1.1430. EUR/USD stronger ahead of Payrolls The pair is rebounding from weekly lows in the 1...
Technical Analysis of USD/JPY for May 06, 2013 USD/JPY is expected to trade in a higher range as pair is moving upwards. Overnight, the U.S. stock indices were little changed as investors remained on the sidelines awaiting the April jobs report to be released tonight...
Technical Analysis of USD/CHF for May 06, 2016 USD/CHF is expected to trade in a higher range as target 0.9735 is in sight. The pair remains on the upside and is expected to post further rebound. The 20-period and 50-period moving averages are playing support roles...
Technical Analysis of NZD/USD for May 06, 2016 NZD/USD is expected to trade in a lower range as the pair is under pressure. The pair remains under pressure below its horizontal resistance at 0.6920. Both the 20-period and 50-period moving averages are playing resistance roles as well...