Roberto Jacobs / Blog
United States Nonfarm Productivity above expectations (-3.2%) in 4Q: Actual (-2.2%) United States Continuing Jobless Claims above forecasts (2.25M) in February 19: Actual (2.257M) United States Unit Labor Costs below forecasts (4.7%) in 4Q: Actual (3...
Technical Analysis of NZD/USD for March 03, 2016 Overview: The NZD/USD pair will continue rising from the level of 0.6671 today. So, the support is found at the level of 0.6671, which represents the 50% Fibonacci retracement level in the H1 time frame...
Technical Analysis of USD/CHF for March 03, 2016 Overview: The USD/CHF pair broke resistance, which turned into strong support at 0.9923. Right now, the pair is trading above this level. It is likely to trade in a higher range as long as it remains above the support (0...
USD/CAD Seem Skewed to a Test of 1.30 - Westpac 03 Maret 2016 12:01 PM Richard Franulovich, Research Analyst at Westpac, suggests that with WTI threatening a break of $35/bbl into a new higher price range, risks on USD/CAD seem skewed to a test of 1.30 near term...
Oil: Prices Firm Near Eight-Week Highs - BBH 03 Maret 2016 11:58 AM Research Team at BBH, notes that the oil prices remain firm near eight-week highs. Key Quotes “The market appears to be putting more emphasis on US output than inventory accumulation...
GBP/USD Rebounds from 23.6% Fibo of February Sell-off 03 Maret 2016 10:10 AM The GBP/USD found takers at 1.4032 (23.6% of Feb high-low + 10-DMA) despite a horribly weak UK services PMI figure. Awaits US data The recovery to 1.4070-1...
Pound Falls As U.K. Services PMI Hits Near 3-Year Low 03 Maret 2016 5:13 PM The British pound weakened against the other major currencies in the early European session on Thursday, after data showed that the U.K. service sector activity fell to nearly three-year low in February...
USDX Technical Analysis for March 3, 2016 The Dollar index continues to trade inside the upward sloping channel. With Non-Farm Payrolls expected to be announced tomorrow, any prediction is dangerous and traders should better stay on the sidelines...
Euro Rises Against Majors 03 Maret 2016 3:29 PM The euro strengthened against the other major currencies in the early European session on Thursday. The euro rose to 1.0873 against the U.S. dollar and 124.10 against the yen, from early lows of 1.0853 and 123.27, respectively...