Roberto Jacobs / Blog
NZD/USD Tested Weekly Lows Near 0.6830 Amid Risk-Off The bears tightened their grip on the NZD in the European session, knocking-off NZD/USD to near one-week lows amid weaker stocks and oil prices. NZD/USD drops further towards 50-DMA at 0.6832 Currently, the NZD/USD pair trades -0.64% lower at 0...
USD/JPY Wobbles Near 107.00 Ahead of Payrolls The Japanese yen is posting moderate gains vs. its American peer at the end of the week, sending USD/JPY to the 107.00 neighbourhood ahead of NFP...
EUR/USD Inching Higher, Awaits NFP Data for Further Direction The EUR/USD pair rose to a session high of 1.1425, rebounding from its key support around 1.1400 handle as investor now gear up for the release of much awaited US non-farm payrolls data later during the NY session...
FxWirePro: NZD/JPY Breaks Strong Trendline Support at 73.40, Stay Short NZD/JPY has breached strong trendline support at 73.40 and has hit session lows of 73. Our previous call (http://www.econotimes...
FxWirePro: USD/JPY Extends Range Trade, Struggles at the 107 Handle ahead of NFP USD/JPY is confined in a 38-pips narrow range, extends subdued trade as markets await crucial NFP data. The pair has been recovering from fresh 18-month lows at 105.54 (3rd May), but upside lacks momentum...
Technical Analysis of Silver for May 06, 2016 Technical outlook and chart setups: Silver turned lower from $17.60 levels yesterday after facing the back side of the trendline, which is resistance now. The metal had earlier bounced off fibonacci 0.618 support around $17...
Technical Analysis of Gold for May 06, 2016 Technical outlook and chart setups: Gold has formed yet another low at $1,270.00 levels yesterday before pulling back higher again. The yellow metal is seen to be trading at $1,278.00 levels at this moment, looking to rally further towards $1,307...
Technical Analysis of EUR/JPY for May 06, 2016 Technical outlook and chart setups: The EUR/JPY pair has dropped a bit lower from yesterday's range and is now trading at 122.20 levels. Please note that the pair remains bullish in the short term and the probability is towards 124...
Elliott Wave Analysis of EUR/NZD for May 6 - 2016 Wave summary: EUR/NZD is still trying every dirty trick in the playbook to wipe us out. With a quick and deeper than expected correction to 1.6479, the next strong rally should now be expected for a break above minor resistance at 1...