Roberto Jacobs / Blog
Technical Analysis of GBP/JPY for April 06, 2016 GBP/JPY is expected to trade in a lower range as the pair is under pressure. The pair stays below its resistance at 157.15 and has been capped by its descending 50-period moving average...
GBP/USD – Bear Grip Strengthens, Slides Further Sterling bears continue their relentless march, pushing GBP/USD to a fresh daily low of 1.4113 levels. Rejected at 23.6% Fibo A minor attempt by bulls to regain control of the pair was thwarted around 1.4165 (23.6% of 1.5230-1...
BOJ May Hit Bond Purchase Limit in 2017 – Ex-BOJ Deputy Governor Iwata Former BOJ deputy governor Kazumasa Iwata said in a Bloomberg interview published on Wednesday, that the central bank will reach its bond buying limit by mid next year, which will make negative interest rates policy a key tool...
FXWIREPRO: NZD/JPY's More Bearish Scope 74.500 After Breach of Crucial Support 75.922 - Bets on Debit Put Spreads for Speculation The pair declined soon after the formation of long legged doji at 77.718 levels, fell from the highs of 78.210 to the current 75.177 levels...
AUD/JPY Ends a 3-Day Slide, Near 50-DMA The bid tone surrounding AUD/JPY weakened a bit ahead of European open, as the AUD bulls took a beating after the risk sentiment came under mild pressure. AUD/JPY regains 83 and beyond The AUD/JPY pair now advances 0.29% to 83...
Elliott Wave Analysis of EUR/NZD for April 6 - 2016 Wave summary: We are still looking for support near 1.6640 to protect the downside for a rally above 1.6833 confirming upside acceleration towards 1.7220 on the way higher to 1.8550. Even if minor support at 1...
Elliott Wave Analysis of EUR/JPY for April 6 - 2016 Wave summary: The decline from 128.22 does have all the earmarks of being an impulsive decline. We are currently looking for a minor consolidation before the next decline below support at 125...
Japanese Bond Yields Drop on Speculation of BOJ Easing Japanese bond prices rallied, pushing the yields lower especially at the short-end of the curve as strong Yen and weak inflation expectations triggered speculation of fresh BOJ easing. The 10-yr benchmark government bond yield fell to -0.07...
Technical Analysis of EUR/USD for April 06, 2016 When the European market opens, some economic news will be released such as the Retail PMI and German Industrial Production m/m. The US will release economic data too such as Crude Oil Inventories...