Roberto Jacobs / Blog
Technical Analysis of NZD/USD for March 21, 2016 NZD/USD is expected to trade in a bearish bias. The pair is in consolidation now after the recent rallies. The relative strength index is mixed, calling for caution...
Technical Analysis of GBP/JPY for March 21, 2016 GBP/JPY is expected to trade in a higher range as a bias remains bullish. The pair stands firmly above its nearest support at 160, and is likely to challenge its nearest resistance at 161.85. The relative strength index lacks downward momentum...
Technical Analysis of USD/CAD for March 21, 2016 General overview for 21/03/2016: The last leg of the corrective cycle in wave Z brown might have been completed at the level of 1.2924, but the market is still trading inside the bearish zone...
Technical Analysis of EUR/JPY for March 21, 2016 General overview for 21/03/2016: The market is still trading inside the neutral zone and the congestion zone is getting tighter and tighter...
Technical Analysis of GBP/CHF for March 21, 2016 Technical outlook and chart setups: The GBP/CHF pair seems to have formed a base around 1.3950 levels today, before rallying towards 1.4005 levels again. The pair is now looking set to push higher towards 1...
Technical Analysis of EUR/USD for March 21, 2016 When the European market opens, some economic news will be released such as Consumer Confidence and Current Account. The US will release economic data too such as Existing Home Sales...
Technical Analysis of USD/JPY for March 21, 2016 In Asia, today Japan will not release any economic data but the US will release some economic data such as Existing Home Sales. So there is a probability the USD/JPY pair will move with low to medium volatility during this day...
ECB’s Villeroy - Negative Rates Effective but Have Limits ECB governing council member Francois Villeroy de Galhau assured markets today the bank is ready to act with right instruments to meet the inflation target, but maintained there is a limit to how low negative rates can go...
GBP/USD Dips Below 1.44 on Brexit Fears GBP/USD dipped below 1.44 handle as political developments in the UK over the weekend put Tory unity on austerity at risk and heightened bears of Brexit...