Roberto Jacobs / Blog
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...
Technical Analysis of Gold for May 10, 2016 Technical outlook and chart setups: Gold had hit $1,259.00 levels yesterday before pulling back. The metal seems to be trading at $1,266.00/67.00 levels at this moment and maybe looking to rally towards new highs or at least $1,280.00/85...
Technical Analysis of GBP/JPY for May 10, 2016 GBP/JPY is expected to trade in a higher range as the bias remains bullish. The pair stays above the horizontal support at 155.35 and is continuing its rebound. Meanwhile, the relative strength index still stays above 50. As long as 155...
GBP/USD Prints New Highs Near 1.4450 on UK Trade The GBP/USD pair keeps the bid tone intact following the release of favourable UK trade balance data as markets absorb the latest data amid underlying risk-on tone prevalent in the markets. GBP/USD ends a five-day decline The GBP/USD pair trades +0...
Technical Analysis of EUR/JPY for May 10, 2016 Technical outlook and chart setups: The EUR/JPY pair rallies through 124.00 levels today as expected and discussed yesterday. The pair might have formed a meaningful bottom at 121.40 levels and is now looking to target at least 124...
Technical Analysis of USD/CAD for May 10, 2016 General overview for 10/05/2016: The top for the old wave b green had been violated again and this is why the count has been modified to incorporate the latest developments...
Technical Analysis of GBP/CHF for May 10, 2016 Technical outlook and chart setups: The GBP/CHF pair is seen to be stalling at 1.4000 levels at this moment. As depicted in the wave structure on the daily chart here, please note that the pair had reversed lower from fibonacci 0.382 resistance at 1...