Roberto Jacobs / Blog
Technical Analysis of GBP/JPY for June 30, 2016 GBP/JPY is expected to trade with a bullish bias. The pair has been supported by a rising trend line, as well as the 20-period and 50-period moving averages and continues its rebound. The relative strength index stays above 50...
Technical Analysis of EUR/JPY for June 30, 2016 General overview for 30/06/2016: The market is trying to develop a clear, corrective, choppy bounce from the lows at the level of 109.55...
Technical Analysis of USD/CAD for June 30, 2016 General overview for 30/06/2016: The sub-wave c of the corrective cycle in wave (ii) looks completed, and the whole correction looks like an irregular flat pattern. This is why the uptrend might be now resumed and a new higher high can be made...
Daily Analysis of USDX for June 30, 2016 USDX is looking to extend the decline towards the support level of 95.20, where the 200 SMA is located; a zone where a rebound can happen to resume the bullish bias on a short-term basis. The index will try to break the resistance level of 95...
Daily Analysis of GBP/USD for June 30, 2016 The Cable has been doing consolidation moves during the week, and now we can see a breakout above the 1.3380 level, which should expose the resistance zone of 1.3653, where a pullback can happen to resume the bearish bias...
EURUSD Daily Forecast: June 30 2016 EURUSD Forecast The EURUSD had a bullish momentum yesterday topped at 1.1130. The bias is bullish in nearest term testing 1.1200 which is a good place to sell with a tight stop loss targeting 1.0700. Immediate support is seen around 1.1070...
GBPUSD Daily Forecast: June 30 2016 GBPUSD Forecast The GBPUSD attempted to push higher yesterday topped at 1.3533 but closed lower at 1.3422. The bias remains neutral in nearest term but as long as stay below 1...
USDJPY Daily Forecast: June 30 2016 USDJPY Forecast The USDJPY was indecisive yesterday. The bias remains neutral in nearest term. As long as stay below 103.55 I still prefer a bearish scenario at this phase. Immediate support is seen around 102.50...
USDCHF Daily Forecast: June 30 2016 USDCHF Forecast The USDCHF failed to continue its bullish momentum yesterday and now still struggling around 0.9800. The bias is neutral in nearest term. Immediate support is seen around 0.9760...