Roberto Jacobs / Blog
Global Macro Overview For 19/05/2016 The FOMC meeting minutes from last month were released yesterday afternoon...
Technical Analysis of USD/CHF for May 19, 2016 USD/CHF is expected to trade in a higher range as the pair stands firmly above its horizontal support at 0.9805 and is expected to challenge its nearest resistance at 0.9890 in sight...
Elliott Wave Analysis of EUR/NZD for May 19 - 2016 Wave summary: With the break above minor resistance at 1.5582, the first minor signal of a bottom being in place at 1.6538 has been given. We will now be looking for a clear break above minor resistance at 1...
Elliott Wave Analysis of EUR/JPY for May 19 - 2016 Wave summary: It should be just a matter of time before a new strong rally to 124.65 and higher towards 126.47 is seen. We still need a break above the important resistance at 126...
Technical Analysis of NZD/USD for May 19, 2016 NZD/USD is under pressure. The pair has struck against its key resistance at 0.6775 and is turning down now. Both the 20-period and 50-period moving averages are heading downward, which should call for a new pullback...
Technical Analysis of GBP/JPY for May 19, 2016 GBP/JPY is expected to trade in a higher range as the bias remains bullish. Currently trading at 160.65, the pair stands above its support at 159, while the 20-period moving average stays above the 50-period one...
Technical Analysis of USD/CAD for May 19, 2016 General overview for 19/05/2016: The wave (iii) impulsive progression is developing as anticipated as the wave (i) top has been violated and now it will act as support for the price...
Technical Analysis of EUR/JPY for May 19, 2016 Technical outlook and chart setups: The EUR/JPY pair is seen to be trading at 123.45 levels at this moment, after reversing from 123.90 levels yesterday. The pair should remain in control of bears till prices stay below 124.60 levels going forward...
Technical Analysis of Silver for May 19, 2016 Technical outlook and chart setups: Silver dropped lower towards $16.70 levels yesterday before pulling back higher. The metal is seen to be trading at $16.81 levels at the moment, looking to rally further at least towards $17...