Roberto Jacobs / Profil

EUR/USD: Wave Analysis and Forecast EUR/USD: Wave analysis and forecast for 01.04 – 08.04: The pair continues to rise. Estimated pivot point is at the level of 1.1140. Our opinion: Buy the pair from correction above the level of 1.1140 with the target of 1.16 – 1.1750...

GBP/USD: Wave Analysis and Forecast GBP/USD: Wave analysis and forecast for 01.04 – 08.04: The pair is likely to decline. Estimated pivot point is at the level of 1.4460. Our opinion: Sell the pair from correction below the level of 1.4460 with the target of 1.36 – 1.34...

USD/CHF: Wave Analysis and Forecast USD/CHF: Wave analysis and forecast for 01.04 – 08.04: Downtrend continues. Upward correction is possible. Estimated pivot point is at the level of 0.9660. Our opinion: In the short-term: buy the pair above the level of 0.9660 with the target of 0.9850...

USD/JPY: Wave Analysis and Forecast USD/JPY: Wave analysis and forecast for 01.04 – 08.04: Downtrend dominates. Estimated pivot point is at the level of 113.84. Our opinion: Sell the pair from correction below the level of 113.84 with the targets of 107.00 – 106.60...

USD/СAD: Wave Analysis and Forecast USD/СAD: Wave analysis and forecast for 01.04 – 08.04: The pair is likely to grow as part of the correction. Estimated pivot point is at the level of 1.2850. Our opinion: Buy the pair from correction above the level of 1.2850 with the target of 1.3290 – 1.37...

An Economics Education by Bitcoin - Part III By Brian Blum There are a number of these Web-based Bitcoin wallets from which to choose, and they have different features, costs, and reputations to review and consider. Do you need merchant tools? Do you need currency exchange services...

An Economics Education by Bitcoin - Part II By Brian Blum The first Bitcoin wallets were integrated with the distributed systems which talked to each other to reach a consensus on transactions which had taken place. This consensus is called the "block chain...

An Economics Education by Bitcoin - Part I By Brian Blum For those unfamiliar with Bitcoin, there are better ways to begin understanding it than this article; I'd recommend Wikipedia for starters...

USD/JPY: Expectations of the Interest Rate Increase in the USA Have Significantly Decreased At the closing trading session in Asia Japanese stock index Nikkei Stock Average fell by 3.6% to 16164.16 points...

U.S. Consumer Sentiment Drops Less Than Previously Estimated In March While the University of Michigan released a report on Friday showing an upward revision to its U.S. consumer sentiment index for March, the revised reading still indicated a deterioration compared to the previous month...

US ISM Manufacturing PMI Rebounds to Expansion Territory in March The US Institute of Supply Management’s (ISM) manufacturing PMI index released today showed the activity returned to expansion territory in March, indicating the sector may have bottomed out. The headline figure printed at 51...

USD/CAD Outlook Remains Bearish – Scotiabank Eric Theoret, FX Strategist at Scotiabank, has reiterated the negative stance of the pair. Key Quotes “Both trend and momentum indicators are decidedly bearish, however the extent of their bias has moderated”...

U.S. Manufacturing Index Indicates Growth For First Time In Six Months After reporting contractions in U.S...

WTI Weaker, Testing the $37.00 mark The barrel of West Texas Intermediate has given away part of the recent upside, currently hovering over the $37.00 handle after bottoming out near $36.70...

Gold Hovers Around 50-DMA Gold hit a session low of $1208.91 following the release of a better-than-expected US ISM manufacturing PMI, before trimming losses to trade around $1212.51 levels. Weekly gains erased At $1213 levels, weekly gains in the metal stand erased...

US Dollar Bid Around 95.00 Post Data The greenback, measured by the US Dollar Index, has reverted the initial negative tone and is now trading in daily highs around 95.00 the figure. US Dollar firmer post-US releases After a brief test of lows near 94...

EUR/USD Extends Losses on Upbeat US ISM Manufacturing Print A rebound in the US ISM manufacturing PMI to expansion territory has pushed EUR/USD to a fresh session low of 1.1342 (Mar 17 high...

GBP/USD Breaks Below 1.4200 The selling pressure around the sterling is not giving up today, now dragging GBP/USD below the 1.4200 handle, or session lows. GBP/USD in 4-day lows Spot is retreating further today, rapidly breaking below the 1...