Roberto Jacobs / Blog
Murrey Math Lines: EUR/USD, GBP/USD Analysis for May 13th, 2016 EURUSD, “Euro vs US Dollar” Eurodollar resumed moving downwards and, as a result, Super Trends formed “bearish cross”. Considering that the price was able to break the 3/8 level, the closest target is now at the 1/8 one...
Ichimoku Cloud Analysis: GBP/USD, Gold Analysis for May 13th, 2016 GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen ran into one another below Kumo Cloud (1); both lines are directed downwards...
EUR/USD Drops Sharply to 1.1300 On Strong US Retail Sales Print The shared currency remained on back-foot through Friday's trading session, with the EUR/USD pair dropping to session low level of 1.1308 after the release of US economic data...
Gold Climbs to Session High of $1275 ahead of US Retail Sales Data Extending its bid tone, Gold continues to gain traction and has now moved to session peak level of $1275 just ahead of the US monthly retail sales and PPI release...
Forex Technical Analysis: EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, Gold Analysis for May 13th, 2016 EURUSD, “Euro vs US Dollar” Eurodollar is moving close to 1.1390. We think, today the price may fall towards 1.1333 and then test 1.1390 from below...
GBP/USD Ranges and Trade Idea GBP/ USD opened the week at 1.4422, traded 100 pips Sunday to Monday inside the 101 pip range between 1.4375 - 1.4476. Despite 100 pip move, the range held and resulted in no change to GBP/USD. Monday. GBP/USD ranged again 100 pips from 1.4376 to 1.4477...
USD/CHF Turns Flat but Holds 50-DMA, US Data Eyed for Direction The USD/CHF pair erased its early European session gains to 0.9743 and has now turned back to 50-day SMA support near 0.9700 handle. Following Thursday's sharp reversal from 0...
UK: Super Thursday Failed to Excite – Investec Research Team at Investec, notes that ‘Super Thursday’ managed to bring some momentum to the foreign exchange market yesterday, helping GBPUSD break above 1.45 and GBPEUR break the 1.27 mark but gains were very short-lived...
EUR/GBP Directionless at 0.7870, Looking for Fresh Triggers The EUR/GBP pair continues to trade flat from Thursday's closing amid a directionless trading session as traders seemed reluctant to carry forward their bets over the weekend...