Roberto Jacobs / Blog
EUR/USD Holding 100-DMA Support, US GDP to Provide Further Cues The EUR/USD pair remained on back-foot but has managed to hold its neck above 100-day SMA support and is currently trading at 1.1182 level as market now awaits for fresh impetus from US GDP print...
Elliott Wave Analysis of EUR/NZD for May 27, 2016 Wave summary: We are still looking for a break above minor resistance at 1.6715 to confirm that a corrective low is in place at 1.6424 and a new impulsive rally to 1.6931 and 1.7223 is developing on the way higher to the 1.8420 target...
Technical Analysis of USD/JPY for May 27, 2016 USD/JPY is expected to trade with a bullish bias. Overnight U.S. indexes were little changed after rallying 2% over the prior two sessions. The Dow Jones Industrial Average eased 0...
Elliott Wave Analysis of EUR/JPY for May 27 - 2016 Wave summary: We are still looking for a break above the resistance at 123.12 to confirm that a corrective low was seen at 122.23 and a new impulsive rally to 124.65 and above is developing. Short-term support is seen at 122...
Technical Analysis of USD/CHF for May 27, 2016 USD/CHF is expected to trade with a bearish bias. The pair stays below its key resistance at 0.9925 and looks for choppy price action with a bearish bias...
Technical Analysis of NZD/USD for May 27, 2016 NZD/USD is expected to trade with a bearish bias as Key resistance at 0.6770. The pair failed to break above its horizontal resistance at 0.6770, and remains weak below the threshold...
Technical Analysis of GBP/JPY for May 27, 2016 GBP/JPY is expected to trade with bearish bias with no long-term direction. The pair is moving around its 20-period and 50-period moving averages within a trading range between 161.90 and 160...
Daily Analysis of USDX for May 27, 2016 The USDX traded in a bearish tone during Thursday's session, but currently we should note that the Index is hovering around the 200 SMA area on the H1 chart...
Daily Analysis of GBP/USD for May 27, 2016 Pair had a corrective session and it's now looking to find support around the 1.4662 level...