Roberto Jacobs / Blog
Elliott Wave Analysis of EUR/JPY for March 7 - 2016 Wave summary: With the break above minor resistance at 125.01 the possible running triangle was invalidated and instead the expanded flat correction took over as a preferred corrective pattern. Red wave c should ideally make it to 126...
Technical Analysis of EUR/USD for March 07, 2016 When the European market opens, some economic news will be released such as Eurogroup Meetings, Sentix Investor Confidence, and German Factory Orders m/m...
Technical Analysis of USD/JPY for March 07, 2016 In Asia, Japan will release Leading Indicators. The US will release a series of economic reports such as Consumer Credit m/m and Labor Market Conditions Index m/m...
Euro Steady Ahead Of German Factory Orders Destatis releases factory orders for January in the pre-European session on Monday at 2:00 am ET. Germany's factory orders are forecast to drop 0.4 percent on a monthly basis in January, following a 0.7 percent fall in December...
Eurozone: Low Inflation and Political Risks Take Centre Stage – Goldman Sachs Research Team at Goldman Sachs, suggests that the net effect of the recent market volatility on Europe’s growth outlook is likely to be relatively small in our assessment, with the boost to growth from lower oil prices...
Japan: Suspending Disbelief – Wells Fargo Research Team at Wells Fargo, notes that among the advanced economies of the world, Japan has the highest debt-to-GDP ratio at nearly 250 percent of GDP...
EUR/GBP Unchanged in the Low-0.7700s Calm waters in both the sterling and the shared currency are motivating EUR/GBP to keep the trade just above the key 0.7700 support on Monday. EUR/GBP well supported near 0.7700 The European cross has found pretty decent support around the 0...
FXWIREPRO: USD/JPY Rangebound, Sees Strong Support at 113.30 07 Maret 2016 1:18 PM USD/JPY has been trading a rising wedge pattern and finds strong support at 113.30 (wedge base). Appetite for risk seen lacking in the markets following China's announcement of lower GDP target range (6...
GBP/USD: Bulls Taking a Breather After 5-Day Rally The GBP/USD pair is trading in the sideways manner above 1.42 levels after rallying for five consecutive sessions...