Roberto Jacobs / Blog
FxWirePro: South African Rand Erases Previous Loss Against US Dollar, Down Side Limited USD/ZAR is currently trading around 15.5382 levels. It made intraday high at 15.6421 and low at 15.5203 levels...
Technical Analysis of Silver for May 23, 2016 Technical outlook and chart setups: Silver has just hit another low at $16.29 levels, and should find support around $16.00 levels going forward. Please also note that fibonacci 0.618 support level of rally between $14.80 and $18...
Technical Analysis of Gold for May 23, 2016 Technical outlook and chart setups: Gold is seen to be trading at $1,252.00/53.00 levels, testing its trend line support again. The metal seems to be looking to drop lower around $1,242.00 levels and complete its correction, before turning bullish again...
Technical Analysis of EUR/JPY for May 23, 2016 Technical outlook and chart setups: The EUR/JPY pair continues to drift in a range between 123.00 and 124.00 levels as depicted here. The pair is now seen to be trading at 123.00 levels, looking to break below the range support...
GBP/USD Clinches Highs Near 1.4550 The Sterling keeps its buoyant tone at the beginning of the week, now lifting GBP/USD to test fresh daily highs near 1.4550...
USD/CHF Likely to Build Onto Its Moves Back Above 0.9900 The USD/CHF pair reversed from its early losses to 0.9883 and turned back above 0.9900 handle as the overall USD strength gained traction in last couple of hours. The pair is currently trading up around 0.1% at 0...
EUR/USD 4H Chart: Channel Down Comment: The bias towards the Euro is negative, but only in the near term. EUR/USD is expected to bounce off of the upper edge of the channel at 1.1250 and then head towards a cluster of supports between 1.1150 and 1.1115 dollars...
EUR/USD Turns Negative Near 1.1200 The single currency has lost its initial smile, now dragging EUR/USD to post session lows in the 1.1210 area. EUR/USD lower post-PMIs Spot’s recovery run out of steam around overnight peaks near 1.1240, retracing the advance to the current low-1...
EUR/GBP Turns Flat at 0.7730 Post Euro-zone PMI Data On Monday, the EUR/GBP pair built on to its Friday’s sharp recovery and touched a session peak level of 0.7754 during European session but has now erased all of its gains to currently trade at 0.7730...