Roberto Jacobs / Blog
Technical Analysis of USD/CHF for May 05, 2016 USD/CHF is expected to trade with a bearish bias. The pair stands firmly above its key horizontal support at 0.9530 and is likely to post further advance to 0.9605 at first...
Technical Analysis of NZD/USD for May 05, 2016 NZD/USD is under pressure. The pair remains under pressure below its key resistance at 0.6945. Even though a technical rebound cannot be ruled out at the current stage, its extent should be very limited...
Technical Analysis of GBP/JPY for May 05, 2016 GBP/JPY is expected to trade in a lower range. The pair remains weak and is likely to challenge its nearest support at 154.40 in sight...
Technical Analysis of Silver for May 05, 2016 Technical outlook and chart setups: Silver is seen to be trading at $17.45 levels at this moment after having bounced off the fibonacci 0.618 retracement levels as depicted here. The metal might be looking to continue higher towards $18...
Technical Analysis of Gold for May 05, 2016 Technical outlook and chart setups: Gold has formed a bottom around $1,271.00/72.00 levels yesterday before turning higher again. Please note that the metal has bounced off the fibonacci 0.382 support as expected and discussed earlier...
Technical Analysis of EUR/JPY for May 05, 2016 Technical outlook and chart setups: The EUR/JPY pair seems to be pushing above 123.00 levels at this moment, looking to rise through 124.50 levels at least before reversing lower...
Elliott Wave Analysis of EUR/NZD for May 5 - 2016 Wave summary: We now have a clear break above the red resistance line from 1.7223 confirming that wave [iii] of 3 is developing, so it should only be a question of time before the real upside acceleration is seen...
Technical Analysis of GBP/CHF for May 05, 2016 Technical outlook and chart setups: The GBP/CHF is seen to be trading at 1.3900/10 levels, unchanged from yesterday. But please note that the pair has re-tested lows at 1.3815/20 levels and bounced back...
Elliott Wave Analysis of EUR/JPY for May 5 - 2016 Wave summary: The big question remains whether or not an important bottom is in place at the 121.66 low. The rally of the 121.66 level is in no way impressive, which raises the odds of one more decline below 121.66 for a move closer to 117.99...