Roberto Jacobs / Blog
Euro Zone Sentiment Improves As ECB Opens Qe Tap Euro Zone sentiment report showed confidence improved as European Central Bank unveiled new stimulus, more so due to its inclusion of corporate securities. However Brexit possibilities seem to be weighing...
USD/JPY: At the 18-Month Lows Again Review and dynamics The forecast we provided in the previous review turns out to be correct (if investors feel disappointed with the Bank of Japan’s decision and comments by the US Fed this week, the pair will continue to decline to the recent lows of 108.00...
EUR/USD Testing Highs Near 1.1360, German CPI Eyed The risk-off sentiment intensified in the European session, lifting EUR/USD from near 1.1340 region back towards daily highs heading into the nationwide German CPI report. EUR/USD eyes 1.1400 Currently, EUR/USD trades +0.32% higher at 1...
FOMC Monetary Policy: Assessing the Bias FOMC yesterday announced decision of its April’s policy meeting to keep interest rates unchanged and keep it in range of 0.25-0.5%. Let’s look at the monetary policy statement details to assess the bias towards future policy adjustments...
FxWirePro: BTC/USD Takes Support Near 21 Day MA, Good to Buy at Dips Major resistance -$470 BTC/USD has broken minor support $450 and declined till $435at the time of writing. It is currently trading around $448...
EUR/GBP Fails to Clear 0.7800 Handle The EUR/GBP pair attempted to extend yesterday's recovery but failed to clear 0.7800 handle and has now dropped to 0.7775 level. On H4 chart, the pair has been trending lower within a short-term descending trend-channel formation...
Technical Analysis of USD/CHF for April 28, 2016 USD/CHF is expected to trade in a lower range as the pair movement is capped by a negative trend line. The pair remains under pressure below its negative trend line, and is likely to post further decline...
NZD/USD Reversing from 0.7000 Vicinity On Thursday, the NZD/USD pair moved higher after RBNZ monetary policy statement to nearly reclaim 0.7000 handle before retracing back below 0.6950 level...
Technical Analysis of NZD/USD for April 28, 2016 NZD/USD is expected to trade in a higher range. The pair posted a strong rebound yesterday, and also jumped above its 20-period and 50-period moving averages. The immediate trend is up now, and the momentum is strong. The previous resistance at 0...