Roberto Jacobs / Blog
Technical Analysis of USD/CAD for March 4, 2016 General overview for 04/03/2016: The high for the wave b purple had been made around the intraday resistance at the level of 1.3498. Currently, the price is trying to break out below the intraday support at the level of 1...
USD/CAD Consolidates in the Low-1.3400s, Payrolls eyed The Canadian dollar is giving away some of its recent gains vs. the greenback, with USD/CAD now meandering a narrow range in the 1.3415/10 region...
USD/JPY: Recovery Picks-up Pace, Nears 114 The USD/JPY pair found good support near 113.25 region and swung back higher, in response to the renewed rally seen in the Chinese equities. USD/JPY takes-out support-turned resistance 20-DMA at 113...
Elliott Wave Analysis of EUR/JPY for March 4, 2016 Wave summary: We still opt for the running triangle coount rather than the alternative counts. Short term, we would like to see a break below minor support at 123.91 and more importantly below 123...
Technical Analysis of USD/JPY for March 04, 2016 In Asia, Japan will release the Average Cash Earnings y/y. As for the US, economic reports will be also released such as Unemployment Rate, Trade Balance, Non-Farm Employment Change, and Average Hourly Earnings m/m...
NZD/USD: After Range Bound Trading, Eventual Break Will Be Downwards - Westpac Imre Speizer, Research Analyst at Westpac, notes that the NZD/USD remains stuck in a month-old range of 0.6550-0.6750, but we expect the eventual break will be downwards...
US Nonfarm Payrolls Expected to Surge by 195K Today - Rabobank Michael Every, Head of Financial Markets at Rabobank, suggests that today is primarily about US payrolls...
AUD/USD Tests 3-Month Highs, Then Retreats The AUD bulls fought back control in the mid-Asian trades, pushing AUD/USD back on the bids and tested multi-month highs near 0.7380 region. AUD/USD rises from 0.7340 lows Currently, the AUD/USD pair gains 0.15% to trade at 0...