Roberto Jacobs / Blog
GBP/JPY Reclaims 156.00 Level, Might Now be Eyeing 157.00 Mark The GBP/JPY pair once again trashed bearish expectation of an accelerated downfall below 155.00 handle and has now soared back above 156.00 round figure mark. The pair attracted fresh bids from sub-155...
EUR/GBP Intraday Sharp Reversal Now Eyeing 0.7865 Support The EUR/GBP pair once again failed to built on to its strength and reversed from 0.7925 strong resistance to currently trade near session low of 0.7875 level...
GBP/USD Could See a Test of 1.4277 – Commerzbank According to Karen Jones, Head of FICC Technical Analysis at Commerzbank, spot could see its downside renewed towards the 1.4280 area...
Technical Analysis of USD/JPY for May 09, 2016 USD/JPY is expected to trade with a bullish bias. Last Friday, US stock indices settled higher despite disappointing April payrolls data. Commodities and industrial shares were the best performers. The Dow Jones Industrial Average rose 0...
Technical Analysis of USD/CHF for May 09, 2016 USD/CHF is expected to continue its further upside movement. The pair stands firmly above its key horizontal support at 0.9655 and is challenging its nearest resistance at 0.9765 at first...
AUD/USD Attempts a Bounce Amid Improved Risk Sentiment The Australian dollar trims losses against its American counterpart in the European session, lifting AUD/USD from multi-week troughs amid renewed optimism spread across the markets. AUD/USD regains 100-DMA at 0...
GBP/USD Clinches Highs Near 1.4470 After a brief adventure to lows in sub-1.4400 levels, GBP/USD has gathered further traction and is now testing daily highs in the 1.4465/70 band. GBP/USD supported by 1...
Technical Analysis of USD/CAD for May 9, 2016 General overview for 09/05/2016: The choppy wave progression to the upside does not look like an impulsive wave, but more like an end of some sort of an ending diagonal...
Technical Analysis of NZD/USD for May 09, 2016 NZD/USD is under pressure. The pair has been capped by the descending 50-period moving average and remains under pressure. At the same time, the relative strength index is around 50 and lacks upward momentum. Hence, as long as 0...