Roberto Jacobs / Blog
EUR/USD Trims Losses as Weak Oil Weighs Over US Stock Index Futures Oil driven losses in the major US equity index futures helped common currency regain poise, thus ensuring the EUR/USD pair recovered losses to trade largely unchanged on the day around 1.1030...
Canadian Dollar Edges Down Against Most Majors The Canadian dollar weakened against most major currencies in the early European session on Monday. The Canadian dollar fell to 1.3256 against the U.S. dollar and 1.4795 against the euro, from early highs of 1.3211 and 1.4720, respectively...
EUR/USD on the Back Foot on Signs of Risk-on in Equities The EUR/USD now trades largely unchanged on the day as signs of risk-on the European equity futures strengthened offered tone around the funding currency EUR. Rejected at 23.6% Fibo The spot was offered after it failed to sustain above 1...
Euroland Strategy: Debating the ECB delivery – Deutsche Bank Research Team at Deutsche Bank, suggests that the package of ECB policy measures announced at the March meeting was at the upper end of their and arguably consensus expectations...
Brent Testing Bids Around $40 handle Brent prices dropped in Asia and extended losses in early Europe after Iran news reduced probability of joint production freeze. Futures currently hover just above $40/barrel levels...
Technical Analysis of EUR/JPY for March 14, 2016 General overview for 14/03/2016: There is one more wave to be completed in the recent bullish impulsive rally before any meaningful correction will take place. The projected target level for wave 5 purple is at the level of 127...
Technical Analysis of USD/CAD for March 14, 2016 General overview for 14/03/2016: A building bullish divergence between the price and the momentum oscillator indicates the rebound in price action in order to complete the wave (b) blue. The projected target for wave (b) is seen at the level of 1...
Elliott Wave Analysis of EUR/NZD for March 14, 2016 Wave summary: The correction we where looking for has become slightly deeper than expected, but that does not alter our expectation of a new impulsive rally taking off soon...
Technical Analysis of Gold for March 14, 2016 Technical outlook and chart setups: Gold is trading at the levels of $1,255.00 this moment, and is likely to face resistance around $1,265.00/70.00. Please note that the yellow metal has been moving in a potential ending diagonal as depicted here...