Roberto Jacobs / Blog
Daily Analysis of Major Pairs for May 9, 2016 EUR/USD: This pair moved upwards on Monday and Tuesday, tested the resistance line at 1.1600, and then started a bearish movement. From the resistance line at 1.1600, the price dipped by 200 pips, to close at 1.1403 on Friday (May 6, 2016...
EUR/GBP Recovers to Move Back to 0.7925 Resistance The EUR/GBP pair rebounded from early morning lows of 0.7890 and added on to its strength during early European session to currently trade at day's peak 0.7927...
US: Starting to Labour? – ING James Smith, Economist at ING, suggests that the Friday’s Labour Report was fairly mixed, with sub-consensus payrolls growth, but better wage data and it won’t change too many minds on FOMC – the key now lies in the activity data...
GBP/USD Dips to Lows Near 1.4380, Ignores Positive Equities The GBP/USD pair ran through fresh offers over the last hour and surrendered 1.44 handle thereon, as the US dollar regained momentum and edged higher against its major peers. GBP/USD eyes 100-DMA 1.4361 The GBP/USD pair trades -0...
Daily Analysis of USDX for May 09, 2016 USDX did a rebound above the 200 SMA on the H1 chart, and probably we could be riding the bullish bias on a short-term basis, during this week at least. A breakout above the 94.06 level will open the doors to test new monthly highs around the 94...
Daily Analysis of GBP/USD for May 09, 2016 GBP/USD still trades into a weak structure favored by the bears as it could decline toward the support zone of 1.4315...
AUD/USD Turns Negative, Eyeing 100-DMA Support The AUD/USD pair faced fresh offers at day's peak of 0.7385 and has now turned negative to currently trade around Friday's low level near 0.7350...
USD/CHF Halts a 4-day Rally, Attacks 0.9700 The USD bulls finally faced exhaustion and turned in the negative territory for the first time in five days, mainly driven by persisting risk-off environment. USD/CHF fails near 0.9740 Currently, the USD/CHF pair trades -0.19% lower at 0...
EUR/JPY Attempting a Recovery to 123.00 Level Global risk-on sentiment seems to assist the EUR/JPY pair to extend its Friday's recovery from April lows and test a previous support now turned resistance near 122.55-60 area. Moreover, factory orders data from Germany that showed orders rose 1...