Roberto Jacobs / Blog
Technical Analysis of GBP/CHF for May 13, 2016 Technical outlook and chart setups: The GBP/CHF pair is now starting to accelerate lower, and is trading at 1.3988 levels at this moment. The pair was drifting sideways after printing 1.4074 highs yesterday...
Technical Analysis of Silver for May 13, 2016 Technical outlook and chart setups: Silver is seen to be trading at $17.10 for now, after testing $16.88 level yesterday. The wave structure indicates that the metal is likely to push lower below $16.80 from the current levels...
Technical Analysis of Gold for May 13, 2016 Technical outlook and chart setups: Gold is seen to be trading at $1,275.00 levels at this moment, looking for a certain direction for the next move. The metal needs to either break above $1,280.00 levels or below $1,256...
USD/JPY Now Eyes 109.70 – UOB The pair’s outlook now allows for a test of the 109.70 area, according to analysts at UOB Group...
EUR/USD Door Open for a Test of 1.12 – Westpac Richard Franulovich, Strategist at Westpac, sees the pair retreating to the 1.12 neighbourhood. Key Quotes “EUR should continue to ease, possibly as far as 1.1200 before it finds some stability”...
EUR/USD Depressed Near 1.1340 ahead of US Data The European currency keeps its negative note today, sending EUR/USD to the lower bound of the range in the 1.1340 area...
EUR/USD Forecast: Fresh Lows, Looking for 1.1250 The EUR/USD pair fell to 1.1328, a fresh weekly low, following the release of German data, showing that inflation remains within deflationary territory, down by 0.4% monthly basis, and -0.1% compared to a year before...
USD/JPY Consolidates Below 109 ahead of US Data The USD/JPY pair is seen consolidating the downside below 109 levels, with the bears taking a breather heading closer towards the US macro dataflow. USD/JPY regains 5-DMA at 108.79 Having fond solid support ahead of 108...
GBP/USD Weaker, Challenging 1.4400 The sterling is trading on the defensive at the end of the week, with GBP/USD now hovering over the 1.4400 neighbourhood. GBP/USD attention to US releases The pair has dropped to 3-week lows in the 1.4380/70 band although it has later managed to regain the 1...