Roberto Jacobs / Blog
Technical Analysis of GBP/CHF for June 02, 2016 Technical outlook and chart setups: The GBP/CHF pair is seen to be trading at 1.4250/55 levels after bouncing off 1.4175 lows during early hours today. The pair seems to have formed an interim support at 1...
Technical Analysis of EUR/JPY for June 02, 2016 Technical outlook and chart setups: The EUR/JPY pair is seen to be trading at 122.20 levels after pulling back from 121.90 levels earlier. The wave structure indicates that the pair might be unfolding as an expanding triangle from 124.50 through 121...
Plenty of Distraction Ahead of ECB, ADP The primary focus is on Fed policy and whether or not the central bank will actually move this summer. But into Thursday, there are also some currency specific storylines captivating market participants' attention...
Daily Analysis of USDX for June 02, 2016 USDX is showing weakness on a short-term basis, as it's currently testing the 200 SMA price zone on the H1 chart. However, the next strong support can be found around the 95.22 level, which acted as a barrier for sellers during the May 23th session...
Daily Analysis of GBP/USD for June 02, 2016 GBP/USD had a very weak session yesterday after posting new lows. Currently it's testing the support level of 1.4408. A rebound can be expected to re-test the resistance zone of 1...
FxWirePro: GBP/CAD Trades Well Below 1.9000 Handle, Good to Sell on Rallies GBP/CAD broken major support 1.89885 on May 31st 2016 and started to fall drastically. It has declined till 1.88214. It is currently trading around 1.88701...
USDCAD to Move Over 1.33 as We Approach Next Year David Tulk, Chief Canada Macro Strategist at Toronto Dominion Bank, on Canadian economy On May 6, the Bank of Montreal lowered Canada's growth forecasts for the Q2 from 1.5% to zero, due to the Fort McMurray wildfires...
Daily Forex Fundamental Overview Fundamental Analysis EUR "Manufacturing in the euro area remained stuck in a state of near stagnation, failing to break out of the slow growth phase that has plagued producers since February". - Chris Williams, Markit's chief economist...
CAD: Currency Index & Volatility Relative Currency Strength While remaining in a fairly narrow range, the observed indexes still managed to show some impressively sharp moves in the past five trading days...