Roberto Jacobs / Blog
EUR/USD Above 1.11 as Stoxx 50 Futures Drop The bid tone around EUR strengthened on signs of risk-off in equities, pushing the EUR/USD above 1.11 handle and to a session high of 1.1118 levels. Weak stocks support EUR At the time of writing, Stoxx 50 futures were down 0...
Technical Analysis of EUR/USD for March 15, 2016 When the European market opens, some economic news on the Employment Change q/q and French Final CPI m/m is due to be released...
Technical Analysis of USD/JPY for March 15, 2016 In Asia, Japan will release data on the BOJ Press Conference, Tertiary Industry Activity m/m, Revised Industrial Production m/m, and Monetary Policy Statement...
GBP/USD Trades Below 50-DMA British Pound extended its depreciating trend in Asia, taking the GBP/USD pair well below its 50-DMA located at 1.4303 levels. Eyes 50% Fibo The pair is now trading within a striking distance from 1.4252 (50% of 1.4668-1.3835...
EUR/USD Wobbles Around 1.1100, US Data Eyed The single currency is alternating gains with losses vs. the greenback on Tuesday, taking EUR/USD to the area around 1.1100 the figure. EUR/USD supported near 1...
AUD: Focus on the Labour Market, RBA Minutes & FOMC – NAB Research Team at NAB, suggests that the recent RBA communications have focused on whether the Australian labour market can continue its improvement and whether early-year financial market volatility impacts on the outlook for global or...
NZD/USD Drops Towards 200-DMA as Commodities Tumble The NZD/USD pair witnessed heavy sell-off over the last couple of hours as risk-sentiment deteriorated amid global sell-off. NZD/USD deflates from 0.6685 Currently, the NZD/USD pair trades -0.28% at 0.6656, having posted fresh session lows at 0...
Weaker Greenback Leaves Door Open for the Fed - Scotiabank Derek Holt, Research Analyst at Scotiabank, suggests that there are thought to be two main impediments to the Fed hiking in the near-term including the higher odds of a hike this week than markets are pricing...
Daily Analysis of GBP/USD for March 15, 2016 GBP/USD seems to be trading inside a corrective move towards the support level of 1.4267, where a rebound should happen to resume the bullish bias. The H1 chart is still pointing to the upside and the pair can perform a breakout above the level of 1...