Roberto Jacobs / Blog
Technical Analysis of EUR/JPY for May 16, 2016 Technical outlook and chart setups: The EUR/JPY pair is seen to be trading lower at 122.95 levels at this moment and should be looking to continue drifting lower below 121.40/50 levels going forward...
Technical Analysis of GBP/CHF for May 16, 2016 Technical outlook and chart setups: The GBP/CHF pair is seen to be trading at 1.4020/25 levels at this moment and should remain well capped below 1.4225 levels going forward. The pair is expected to face stiff resistance around 1...
Daily Analysis of USDX for May 16, 2016 On the H1 chart, USDX has been riding a strong bullish bias since a rebound was performed from the 200 SMA (May 11th). Currently, new highs could be reached as soon as the Index does a breakout above the psychological zone of 95...
Daily Analysis of GBP/USD for May 16, 2016 GBP/USD broke the bullish trend line projected from the May 9th lows, and now we can expect a decline toward the support zone of 1.4316...
USD/CHF Recedes from Near 2-Tops Amid Light Trading The USD/CHF pair consolidates two back-to-back sessions of gains witnessed last week, now wavering in a tight range near two-week highs USD/CHF finds stiff resistance around 0.9770 region Currently, the USD/CHF pair trades almost unchanged at 0...
USD/JPY May Hold for Now, but Should Eventually Head Below ¥105 – Deutsche Bank Taisuke Tanaka, Strategist at Deutsche Bank, suggests that noting the sluggishness in the US economy and the chance that the Fed may forego another rate hike until after the presidential election, we reduced our end-J...
Below 1.4350, GBP/USD Seems Vulnerable to Further Downslide The GBP/USD pair is attempting to extend its rebound from 100-day SMA support and has now moved back to the high point of the day near 1.4370. The pair on Friday fell sharply to a 15-day low of 1...
EUR/USD Seen Testing 1.1216 – Commerzbank According to Karen Jones, Head of FICC Technical Analysis at Commerzbank, the pair’s downside could have an initial target at 1.1216. Key Quotes “EUR/USD eroded its 2 month uptrend and 20 day ma at 1...
EUR/USD Risks Tilted to the Downside – UOB Analysts at UOB Group believe the pair could retreat further in the next 1-3 weeks. Key Quotes “The unexpected breach of 1.1350 and 1.1300 last Friday has shifted the risk to the downside”...