Roberto Jacobs / Blog
GoldTtechnical Analysis for March 8, 2016 Gold remains supported inside the bullish channel boundaries and this implies that at least one more new higher high should be hit. The target area remains around $1,300-$1,320, but this does not mean that we could see a top at lower levels...
Gold: Bulls Unstoppable, $ 1280 Back on Sight Gold futures on Comex prolong their upwards trajectory into fifth-day today on no Fed rate-hike chatter next week and on robust fund inflows. Gold bounces-off a dip near hourly 50-SMA Currently, gold rises 0.76% to 1273...
Swiss Jobless Rate Drops In February 2016 Switzerland's unemployment rate decreased marginally in February, in line with expectations, the State Secretariat for Economic Affairs (SECO) said Tuesday. The unadjusted jobless rate dropped to 3.7 percent in February from a near six-year high of 3...
Technical Analysis of USD/CAD for March 8, 2016 General overview for 08/03/2016: Another local low was reached as the wave (c) develops further. Nevertheless, a bullish divergence, which is being formed between the momentum oscillator and the price, indicates a possible trend reversal...
Technical Analysis of EUR/JPY for March 8, 2016 General overview for 08/03/2016: The market is still trading inside of the neutral zone and there is still a chance for a possible leading diagonal structure to develop. This scenario is valid as long as the level of 123.09 is not violated...
Euro Mixed Ahead Of German Industrial Output Data Destatis is slated to release Germany's industrial output data for January in the pre-European session on Tuesday at 2:00 am ET. Output is forecast to rise 0.5 percent on a monthly basis, reversing a 1.2 percent fall in December...
Franc Rises Ahead Of Swiss Unemployment Data The State Secretariat for Economic Affairs releases Swiss unemployment data for February in the pre-European session on Tuesday at 1:45 am ET. The jobless rate is forecast to remain unchanged at 3.8 percent in February...
Japan Eco Watchers Index Falls Unexpectedly To 15-Month Low A measure of peoples' assessment of the Japanese economy decreased unexpectedly in February to the weakest level in fifteen months, survey figures from the Cabinet Office showed Tuesday...
FXWIREPRO: EUR/JPY Holds Above Channel Base Support at 124.25, Weakness Only on Breaks Below EUR/JPY upside capped at 125 levels which is strong resistance for the pair. Downside for now is holding above channel base support at 124.25, breaks below could accentuate weakness, tests of 122...