Roberto Jacobs / Blog
USD/CHF Pierces Through 50-DMA, Now Eyeing 0.9800 Level After dipping below 0.9700 handle, the USD/CHF is staging a sharp recovery to currently trade at the high point of the day near 0.9740...
EUR/CHF Gains Traction, Eyes 1.11 The shared currency is now picking up further pace vs. the Swiss franc, lifting EUR/CHF to test highs near 1.1100 the figure. EUR/CHF supported around 1...
EUR/USD Fades the Spike to 1.1400 The shared currency is now eroding the recent advance to session tops near 1.1400 the figure vs. the dollar, with EUR/USD now returning to the 1.1385/80 band. EUR/USD looking for catalysts The pair is extending its sideline theme around the 1...
EUR/NOK Sidelined Post-CPI The Norwegian krone is gathering pace today, taking EUR/NOK to the area of 9.34, or daily lows. EUR/NOK lower on CPI The cross has eroded yesterday’s gains after inflation figures in the Nordic economy showed consumer prices tracked by the CPI rose 0...
German Bunds Flat on Mixed Economic Data The German bunds were trading nearly flat on Tuesday as mixed economic data did nothing to assuage concerns about economic growth, keeping 10-year sovereign bonds well below 0.15 pct marks for the first time in three weeks...
Technical Analysis of NZD/USD for May 10, 2016 NZD/USD is under pressure and moving downward target at 0.6705. The pair has been capped by the descending 50-period moving average and is accelerating on the downside...
Technical Analysis of USD/CHF for May 10, 2016 USD/CHF is expected to move further upside. The pair remains on the upside and is expected to post a further rebound. Meanwhile, the 20-period moving average is about to cross above the 50-period one, calling for a further upside...
Technical Analysis of USD/JPY for May 10, 2016 USD/JPY is expected to post further gains. Overnight U.S. stock indexes ended mixed, with the Dow Jones Industrial Average dropping 0.2% to 17705, the S&P 500 adding 0.1% to 2058, and the Nasdaq Composite rising 0.3% to 4750...
Technical Analysis of Silver for May 10, 2016 Technical outlook and chart setups: Silver had dropped through $16.88 levels yesterday, before pulling back. The metal is seen to be trading at $17.10 levels at this moment, looking to rally further towards $18.00 and $18.40/50 levels...