Roberto Jacobs / Blog
Technical Analysis of USD/CHF for March 07, 2016 USD/CHF is expected to advance further. The pair continued posting technical rebounds and is now challenging its nearest resistance at 1.0030...
Technical Analysis of NZD/USD for March 07, 2016 The upside movement is expected to prevail in NZD/USD. The pair remains well on the upside, backed by its rising 20-period and 50-period moving averages. The relative strength index is mixed to bullish above its neutrality area at 50...
Technical Analysis of GBP/JPY for March 07, 2016 GBP/JPY is expected to trade in a higher range. The pair remains bullish above 160.50, representing a key horizontal level. The rising 50-period moving average plays a support role well...
EUR/USD Dips Below 50-DMA as US Dollar Finds Bids The US dollar is trimming Friday’s losses across the board, courtesy of which the EUR/USD pair has dipped below its 50-DMA located at 1.0975. Tests confluence of 10-DMA and 50% Fibo level The pair fell to 1...
Elliott Wave Analysis of EUR/NZD for March 7 - 2016 Wave summary: We have just seen the expected test of support at 1.6110 (the pair hit the low at 1.6085). We are now looking for a break above minor resistance at 1...
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...