Roberto Jacobs / Blog
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...
Qatari Energy Minister: OPEC Meeting was Positive Because Oil Prices on the Rise Qatari energy minister Al-Sada crossed the wires via Reuters last minutes, making his comments on Thursday’s OPEC meeting...
Technical Analysis of USD/JPY for June 03, 2016 USD/JPY is expected to trade in a bearish bias. Overnight, US stock indices recorded another stronger session while volumes remained muted. The Dow Jones Industrial Average rose 0.3% to 17838, the S&P 500 advanced 0...
Technical Analysis of USD/CHF for June 03, 2016 USD/CHF is likely to trade with a bullish outlook. The pair bounced off its major horizontal support at 0.9865 and is expected to post further advance...
Technical Analysis of NZD/USD for June 03, 2016 It is expected that NZD/USD extends its upside movement as the bias remains bullish. The pair remains positive on an intraday basis. A strong support base at 0.6770 (since June 1) has formed and allowed for a temporary stabilization...
Technical Analysis of GBP/JPY for June 03, 2016 GBP/JPY is expected to trade with a bearish bias. The pair remains on the downside and is looking for a lower bottom. The relative strength index has been capped by a negative trend line since May 30 and lacks upward momentum. As long as 158...
Technical Analysis of AUD/NZD for June 03, 2016 1.0590 is a major fibonacci projection level and also a graphical support level seeing how the price has bounced off it twice forming an impending double/triple bottom formation...