Roberto Jacobs / Blog
Stocks Rise, Sending S&P 500 and Nasdaq Indexes to Their Highest 2016 Closes - Fed's Evans: Reasonable case can be made for deferring rate hikes until core inflation reaches the Fed's 2% goal. - Fed's Evans: Sees two rate hikes by the end of 2016...
EURUSD Maintains Neutral Bias Below 1.12 EURUSD maintains a neutral bias in the short term as it continues to trade sideways in a range of 1.1100 and 1.1220. Downside risk exists as the daily RSI remains below 50 in bearish territory...
USD/JPY Well Supported at 108.30/107.65 – Commerzbank According to Karen Jones, Head of FICC Technical Analysis at Commerzbank, argued the pair should find strong support in the 108.30/107.65 band...
GBP/USD Drops and Pops on UK PMI, NFP Eyed The GBP/USD pair stalled its upbeat momentum and fell back towards 1.44 handle, before recovering ground towards 1.4430, where it hovered pre-UK PMI release. GBP/USD: Holds above 1...
AUD/USD Off Highs, Back Near 0.7250 The Aussie dollar is trading on a firm note today, lifting AUD/USD to the area of session tops near 0.7270. AUD/USD stronger ahead of Payrolls The pair has reverted yesterday’s pullback to the 0...
FxWirePro: FTSE100 Faces Resistance at 61.8% Extension, Good to Sell on Rallies Major resistance- 6290 (61.8% retracement of 6048 and 6433) The index has retraced till 6291 on Tuesday (31st May 2016) and started to decline from that level. It is currently trading at 6243...
Daily Forex Fundamental Overview Fundamental Analysis EUR "Economic recovery in the euro area continues to be dampened by subdued growth prospects and a sluggish pace of implementation of structural reforms Additional stimulus is expected from the monetary policy measures still to be implemented...
EUR/CAD 1H Chart: Channel Up Comment: We are short-term bullish on EUR/CAD, but the potential gains are limited. The currency pair is poised for a rally from the 200-hour SMA and the rising trend-line at 1.4580, but the rate is not seen as rising higher than a major resistance area circa 1.47...
EUR/USD Keeps Range Near 1.1150 Post-PMIs, Awaits NFP The EUR/USD pair is consolidating the previous slide around the mid-point of 1...