Roberto Jacobs / Blog
Elliott Wave Analysis of EUR/JPY for April 4 - 2016 Wave summary: The corrective rally in wave iv seems to have ended prematurely at 128.22. The break below minor support at 126.94 does suggest this is indeed the case and that the final decline in wave v lower to 117.38 is now developing...
Technical Analysis of EUR/USD for April 04, 2016 When the European market opens, some economic news will be released such as the PPI m/m, Unemployment Rate, Sentix Investor Confidence, Spanish Unemployment Change...
Technical Analysis of USD/JPY for April 04, 2016 In Asia, Japan will release the Monetary Base y/y and the US will release some economic data such as the Labor Market Conditions Index m/m and Factory Orders m/m...
Daily Analysis of Major Pairs for April 4, 2016 EUR/USD: This pair moved upwards by roughly 300 pips last week, but the bulls met a strong opposition around the resistance line at 1.1400...
Gold Re-Tests 50-DMA, Greece is Back in News Gold found support at 50-DMA of $1215 levels in Asia as treasury yields in the US fell, tracking weakness in the Asian equities...
USD/JPY Softer, Testing Lows Near 111.30 The Japanese yen is extending its gains vs. the greenback on Monday, dragging USD/JPY to test session lows in the 111.30 area...
EUR/USD Testing Lows Near 1.1385 in Early Europe The EUR/USD pair failed to resist above 1.14 barrier in early Asia, and from there extends its bearish bias heading towards the European session amid as dust settles over the US jobs data. EUR/USD supported above 5-DMA at 1...
RBA to Remain on Hold as Downside Risks Ease - ANZ Research Team at ANZ, had revised their rate profile and now expect the RBA to remain on hold at 2% this year and next...
GBP/USD – Rejected at 10-DMA, Eyes UK Data GBP/USD’s attempt at recovering Friday’s loss ran out of steam near 5-DMA of 1.4241 in Asia and the spot is now trading around 1.4225 levels; largely unchanged on the day...