Roberto Jacobs / Blog
EUR/USD Runs into Confluence of Fibo level The bid tone around EUR recovered in Asia, pushing the EUR/USD pair to confluence of Fibo levels at 1.1257 (61.8% of 1.1714-1.0517) + 1.1253 (100% Fibo of 1.0517-1.1060-1.0711...
RBA's Stevens Says Moderation In House Prices Was Helpful Reserve Bank of Australia governor Glenn Stevens said the moderation in house prices in some locations due to tight lending standards was helpful...
European Economics Preview: German Business Confidence Data Due Business and economic confidence from Germany and consumer prices from the U.K. are due on Tuesday, headlining a busy day for the European economic news. At 3.00 am ET, Switzerland's foreign trade data is due for February...
FXWIREPRO: EUR/JPY Attempting Gains Above 126 Handle, Awaits German Ifo Data EUR/JPY is attempting to break above strong trendline resistance at 126.20. The pair has broken above 38.2% Fib of 132.28 to 122.05 fall at 125.96 and has reclaimed the 126 handle...
FXWIREPRO: Extending Pound/dollar Target to 1.55 Area In previous article, available at http://www.econotimes.com/FxWirePro-Pound-could-gain-towards-15-on-weaker-Dollar-178482 , we at FxWirePro fundamental, suggested that Pound might gain towards 1.5 area over weaker Dollar...
GBP/JPY Faces Strong Resistance Around 161.60, Break Above Targets 162.50/164 Major resistance – 161.60 (trend line joining 175.01 and 164.09) Major support – 159.50 The pair has recovered after making a low of 160.13. It is currently trading around 161.27...
FXWIREPRO: Vertical Spreads to Hedge WTI Crude's Further Upside Risks Crude Oil is pulling away from the market’s biggest storm in seven years...
Technical Analysis of USD/CHF for March 22, 2016 USD/CHF is expected to trade with a bearish bias as the key resistance is at 0.9745. The pair remains weak below its horizontal resistance at 0.9745, and is likely to post a new decline after a limited consolidation...
Technical Analysis of NZD/USD for March 22, 2016 NZD/USD is expected to trade with a bearish bias. The pair remains under pressure below its nearest resistance at 0.6815, which is expected to limit any upward attempts...