Roberto Jacobs / Blog
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...
EUR/USD Fades the Spike to 1.0880 Ahead of PMIs 03 Maret 2016 8:40 AM The upside momentum around the single currency is now losing some vigour, forcing EUR/USD to recede towards the 1.0865/60 band...
Technical Analysis of USD/CAD for March 3, 2016 03 Maret 2016 2:05 PM General overview for 03/03/2016: As anticipated yesterday, the market has made the high for the wave b purple around the intraday resistance at the level of 1.3480 and then reversed...
Technical Analysis of EUR/JPY for March 03, 2016 Technical outlook and chart setups: The EUR/JPY pair seems to have formed interim bottom at 123.00 levels yesterday as expected. Please also note that 123.00 is fibonacci 0.50% support level of the rally between 122.00 and 124...
Technical Analysis of GBP/CHF for March 03, 2016 Technical outlook and chart setups: The GBP/CHF pair is seen to be inching higher above trend line resistance, trading at 1.4050 levels now. The pair is soon approaching fibonacci 0.618 resistance of the drop between 1.4320 and 1...
Elliott Wave Analysis of EUR/NZD for March 3, 2016 Wave summary: This cross again did, what it has done many times lately. It stages the first minor signal that the correction in wave [ii] was over and then took a new dive to new lows, this is pretty confusing...
Elliott Wave Analysis of EUR/JPY for March 3, 2016 Wave summary: The rally from 122.08 seems to have topped at 124.36. The failure to take out the 125.01 high does indicate that a running triangle is developing, but not an expanded flat...