Roberto Jacobs / Blog
AUD/JPY: Near Term Upside Bias Above Pivot AUD/JPY has penetrated the 85 handle to the upside and hunting down territory through 85.20 resistance currently in this trade with only a handful at desks during the long weekend Easter break...
EUR/USD: 1.1000 on the Cards this Week? - FXStreet Valeria Bednarik, chief analyst at FXStreet explained that as for the technical picture of the EUR/USD pair, a neutral stance has prevented itself for the near term. Key Quotes: "The price is stuck around the 61...
Japan: Inflation Remains Weak - Nomura While last week's March Tokyo core core CPI came above consensus, in view of Nomura, inflation in Japan remains weak, concluding that they expect the all-Japan core CPI inflation rate to be slightly negative y-y during 2016...
NZD/USD: Bullish Flag in Bearish Fundamentals NZD/USD remains within a bearish formation, sliding from recent 0.6784 highs on the 17th March and continuing a drift to the downside, having made lows of 0.6668 so far...
AUD/USD: Tracking Commodities; 0.76 Handle History? AUD/USD is currently consolidated in thin trade today with it being Easter Monday and there only being a partial show up for the trading day ahead with many holidays around the globe. AUD/USD bulls met their match of late on the 0...
AUD/USD Snapping the Uptrend - BBH The Australian dollar snapped a three-week advance and shed almost 1.3% last week. Key Quotes: "The 61.8% post-ECB and post-FOMC retracements are found near $0.7510. Like sterling, the RSI is neutral, but the MACDs have turned lower...
EUR/USD: Wave Analysis and Forecast for 25.03 – 01.04 EUR/USD: Wave analysis and forecast for 25.03 – 01.04: The pair is undergoing correction. Estimated pivot point is at the level of 1.1340. Our opinion: Sell the pair from correction below the level of 1.1340 with the target of 1.1050 – 1.0820...
GBP/USD: Wave Analysis and Forecast for 25.03 – 01.04 GBP/USD: Wave analysis and forecast for 25.03 – 01.04: Downtrend has resumed. Estimated pivot point is at the level of 1.4507. Our opinion: Sell the pair from correction below the level of 1.4507 with the target of 1.36 – 1.34...