Roberto Jacobs / Blog
EUR/GBP Awaits Trading Range Break-Out to Confirm Near-Term Direction The EUR/GBP pair remains trapped within a seven-day trading range to currently trade absolutely flat from yesterday’s close at 0.7870. The Euro bulls was not benefited by upbeat German GDP that posted a 0...
Daily Analysis of USDX for May 13, 2016 USDX is currently doing a rebound above the 200 SMA on the H1 chart, and we can see another rally toward the 94.35 level on a short-term basis...
Daily Analysis of GBP/USD for May 13, 2016 On the H1 chart, GBP/USD is still trapped in a range between the 1.4549 and 1.4430 levels, waiting to break some of those levels to reinforce the near-term trend...
AUD/JPY More Bearish Below 80 Yen Level AUD/JPY has been neutral since January, trading between 80 and 86.50. In the short term, pair has turned more bearish, especially after dipping below the key 80 yen mark...
GBP/JPY Faces Strong Support at 156, Break Below, Targets 154.40 Major support -156 (200 day HMA) Major resistance -158.50 GBP/JPY has retreated after making a high of 155.48.It is currently trading around 156.59. Minor weakness can be seen only below 156...
NZD/USD Resumes its Down-Trend, Drops Back Below 0.6800 Handle After fading its spike to 0.6850 on Thursday, the NZD/USD pair dropped back below 0.6800 handle on slight lower-than-expected quarterly retail sales data from New-Zealand...
USD/CHF Climbs to Session High, Eyeing 0.9750 to Confirm Further Up-Move The USD/CHF pair maintained its bid tone through early European session and has gained traction in last one hour, lifting the pair to session peak level of 0.9735...
GBP/USD Sell-Off Resumes, Breaches 1.44 Handle The recovery in the GBP/USD pair lost legs just ahead of hourly 100-SMA, and resumed the ongoing downward momentum amid rising demand for the greenback across the board...
US Retail Sales to Guide USD trading On Thursday, USD trading remained technical in nature and confined to relatively tight ranges. Nevertheless, the dollar performed reasonably well given the lacklustre global sentiment...