Roberto Jacobs / Blog
Technical Analysis of EUR/USD for May 04, 2016 When the European market opens, some economic news will be released such as the French 10-y Bond Auction, Retail Sales m/m, Final Services PMI, German Final Services PMI, French Final Services PMI, Italian Services PMI, Spanish Services PMI, Spanish...
Technical Analysis of USD/JPY for May 04, 2016 In Asia, today Japan will not release any economic data but the US will release some economic data such as Crude Oil Inventories, Factory Orders m/m, the ISM Non-Manufacturing PMI, Final Services PMI, Trade Balance, Prelim Unit Labor Costs q/q, Preli...
Daily Analysis of USDX for May 04, 2016 At H1 chart, USDX made some gains and broke the psychological level of 93.00, as the Index is trying to extend the correction of the decline held from April 22 on a short-term basis. The short-term resistance is located at the 93...
Daily Analysis of GBP/USD for May 04, 2016 GBP/USD had a strong decline during yesterday's session as the Cable found resistance around the 1.4775 level, and afterwards the pair is looking to consolidate in sideways around the 200 SMA on the H1 chart...
EUR/USD is Overvalued - BNPP Research Team at BNP Paribas, remain positioned for further EUR/JPY and EUR/AUD upside...
Sell EURSEK on Rallies – BNPP Research Team at BNP Paribas, suggests that following an upward revision to the Eurozone April manufacturing PMI, their economists see some upside risk to the final estimate of the services PMI initially reported at 53.2...
EUR/USD Recovers but Still Below 1.1500 Handle The EUR/USD pair has moved within striking distance of moving back above 1.1500 handle, recovering from day's through level of 1.1476 ahead of the Euro-zone service PMI data. The pair on Tuesday witnessed a sharp reversal from intraday peak of 1...
AUD/USD 2nd Trade Idea Overall AUD/USD bottoms 0.7004, 0.6920, 0.6918, 0.6855. Glenn Stevens a most talented and respected central banker in my estimation stated many times over the years in his complaints regarding AUD prices is he would like to see AUD/USD 0.6500 - 0...
EUR/USD Downside Appears Limited – Westpac Strategists at Westpac see the pair could struggle to drop further in the near term. Key Quotes “Sharp reversal off a critical resistance zone hints that a high may be in place for now”...