Roberto Jacobs / Blog
Daily Analysis of GBP/USD for March 10, 2016 On H1 chart, GBP/USD is currently being supported by the 1.4183 zone, as the bullish bias stays intact. The 200 SMA in this time frame is slightly neutral, as we're still considering the resistance level of 1.4267 as a possible level to be broken...
Technical Analysis of EUR/USD for March 10, 2016 When the European market opens, some economic news will be released such as Minimum Bid Rate, Italian Quarterly Unemployment Rate, French Industrial Production m/m, German Trade Balance, and French Final Non-Farm Payrolls q/q...
Technical Analysis of USD/JPY for March 10, 2016 In Asia, Japan will release the PPI y/y. The US will release a series of economic data such as Federal Budget Balance, 30-y Bond Auction, Natural Gas Storage, and Unemployment Claims...
European Economics Preview: ECB Likely To Cut Deposit Rate Further The European Central Bank is set to announce its interest rate decision later today. The bank is expected to cut its deposit rate further into negative territory, while keeping the refi rate unchanged...
EUR/GBP Rangebound Near 0.7730 Ahead of ECB The usual lull pre-ECB meeting has taken over sentiment ahead of the European open on Thursday, leaving EUR/GBP to navigate the 0.7730 area...
EUR/JPY: Upside Remains Capped by 124.90 The bulls are seen struggling to keep the bids as progress towards the European open, with EUR/JPY failing yet again to take out the strong resistance at 124.90. EUR/JPY flat-lined below 123.70 The EUR/JPY pair trades modestly flat at 124...
NZD/USD Recovers Losses, but RBNZ Rate Cut Caps Gains The selling interest in the NZD ran out of team, helping the NZD/USD pair recover losses, but the gains are hard to come on account of RBNZ’s dovish stance. Trades above 200-DMA The spot recovered from the Asian session low of 0...
Brexit Uncertainty is Slowing UK Business Investment – Rabobank Research Team at Rabobank, notes that the UK business investment fell by 2.1% q-o-q in the last quarter of 2015, the largest decline since 2014...
EUR/USD Waits for Draghi Around 1.0970 EUR/USD has quickly faded yesterday’s bullish attempt to the 1.1040 region, returning to the comfort zone around 1.0970 ahead of the ECB event. EUR/USD looks to Draghi for direction It’s all about the ECB today...