Roberto Jacobs / Blog
Technical Analysis of EUR/JPY for March 16, 2016 Technical outlook and chart setups: The EUR/JPY has dropped lower towards 125.00 levels as expected and discussed earlier, before pulling back. The pair is seen to be trading at 125.90 levels but intraday rallies should remain well capped below 127...
Technical Analysis of GBP/CHF for March 16, 2016 Technical outlook and chart setups: The GBP/CHF pair has dropped below 1.4000 levels beyond what was expected and discussed earlier, but the pair is still above 1.3900 levels and that makes a valid case for a Wave 4 correction...
FOMC is Here: How toTtrade it? – TDS Research Team at TDS, suggests that the overall tone of the March FOMC meeting should be mixed, reflecting a Fed that is comfortable enough with the recent easing in financial conditions to reassert its tightening bias...
Trading the FOMC – Deutsche Bank Alan Ruskin, Macro strategist at Deutsche Bank, suggests that the USD is expected to respond favorably to the FOMC’s signals, contrary to the pattern seen after the last four FOMC meetings with press conferences...
Gold Trades Comatose in Asia as Investors Await Fed Gold traded on a flat note as investors consider the possibility of Fed indicating a possibility of rate hike this year...
Daily analysis of USDX for March 16, 2016 USDX is extending the corrective bullish move towards the 200 SMA zone at the H1 chart, which is very close to the resistance level of 96.98...
Daily Analysis of GBP/USD for March 16, 2016 The H1 chart is still showing a strong support around the 1.4141 level, where a rebound can happen towards the resistance zone of 1.4190, in order to attempt a breakout higher to resume the overall bullish bias...
New Zealand Q4 Current Account Deficit Widens New Zealand's current account deficit increased in the three months ended December, mainly due to a fall in earnings from both goods and services exports, figures from Statistics New Zealand showed Wednesday...
Pound Drops Against Most Majors The British pound weakened against most major currencies in the Asian session on Wednesday. The pound fell to a 6-day low of 1.4124 against the U.S. dollar, from yesterday's closing value of 1.4149. Against the euro and the Swiss franc, the pound edged down to 0...