Roberto Jacobs / Profile

GBPUSD Daily Forecast: March 18 2016 GBPUSD Forecast The GBPUSD had a strong bullish momentum yesterday topped at 1.4503. The bias remains bullish in nearest term testing 1.4580 area. Immediate support is seen around 1.4400...

USDCHF Daily Forecast: March 18 2016 USDCHF Forecast The USDCHF continued its bearish momentum yesterday bottomed at 0.9650. The bias remains bearish in nearest term testing 0.9600 – 0.9570 region. Immediate resistance is seen around 0.9730...

GBP/JPY: Bullish Move Stalled Around Hourly 200-MA The bullish momentum in the GBP/JPY cross appears to have run out of steam around hourly 200-MA located at 161.27 levels as Cable is struggling to break above 1.45 handle. Bid above 23.6% Fibo The pair ran into bids after it recovered above 159...

USD/CHF Falls to 2016 Lows Near 0.9650 The increasing selling pressure hitting the greenback has dragged USD/CHF to post fresh YTD lows in the mid-0.9600s so far...

EUR/GBP Hit Fresh Session Low, Nears 5-DMA The EUR/GBP cross hit a fresh session low of 0.7813 in the US session as Cable extended gains to 1.45 in an impulsive move, while the EUR/USD pair lagged. Offered above 0.79 The cross turned lower from the high of 0...

GBP/USD Struggles to Surpass 1.4500 The upside momentum around the sterling remains unabated today, although GBP/USD still can’t break above 1.4500 on a sustainable basis. GBP/USD bolstered by USD weakness Spot has advanced to fresh 4-week highs just above the 1...

US Dollar challenges lows near 94.70 The greenback, tracked by the US Dollar Index, remains under pressure today, currently testing the lower end of the range near 94.70...

EUR/USD Revisiting Daily Highs Above 1.13 Another wave of USD selling hit the markets, pushing the EUR/USD in the vicinity of the session high of 1.1342 set earlier today. Weak stocks support EUR The major US equity indices are trading in the red, which adds to the bullish tone around EUR...

U.S. Leading Economic Index Rises Slightly Less Than Expected In February A reading on leading U.S. economic indicators inched up by slightly less than expected in the month of February, according to a report released by the Conference Board on Thursday...

Pound Spikes Up As BoE Leaves Interest Rate On Hold The pound strengthened against its key counterparts in European deals on Thursday, as the Bank of England policymakers unanimously decided to keep the interest rates unchanged, while observing that "it is more likely than not that" the key rate...

"Zone Recovery"Trading Algorithm... AND How to Turn ALL of Your Losing Trades into Winners...

Trading Is Math. It Is not Magic...

Did You Know? Forex and Math, Secrets Tricks Revealed...

U.S. Weekly Jobless Claims Rebound From Five-Month Low Initial jobless claims in the U.S. rebounded by less than expected in the week ended March 12th, according to a report released by the Labor Department on Thursday...

BoE Policymakers Unanimous On Rate Ahead Of "Brexit" Bank of England policymakers unanimously decided to maintain the interest rate and the asset purchase programme amid heightened uncertainty ahead of the EU referendum in June...

Indonesia Central Bank Slashes Key Rate For Third Time This Year Indonesia's central bank cut its interest rates for a third time this year and said there was more room for easing amid easing inflationary pressures and less global uncertainty...

Pound Mixed Ahead Of BoE Interest Rate Decision At 8.00 am ET Thursday, the Bank of England is set to announce its interest rate decision and minutes of the meeting. The bank is set to hold its key rate at a record low 0.50 percent and asset purchase programme at GBP 375 billion...

Crude Oil Steaming Toward $40 Crude oil prices continued to rise Thursday morning despite record U.S. inventories. Commercial crude oil inventories increased by 1.3 million barrels from the previous week, the EIA said. WTI crude oil for April was up 73 cents at $39...