Roberto Jacobs / Blog
GBP/JPY Holds 155.00 Support Ahead of UK PMI The GBP/JPY pair eased from its Asian session peak of 156.15 but has been able to hold its neck just above 155.00 handle ahead of the UK construction PMI release, due for release in a short while from now...
EUR/USD Wobbles Near 1.15 Post-PMIs The single currency is marginally lower vs. its American counterpart on Wednesday, with EUR/USD gyrating around the 1.1500 barrier...
FxWirePro: US Oil Faces Strong Resistance at $44.50, Good to Sell on Rallies Major intraday resistance - $44.50 (200 day HMA) Major support- $43 US Oil has recovered after making a low of $43.30. It is trading around $43.75. The commodity has broken minor resistance $43...
Technical Analysis of Silver for May 04, 2016 Technical outlook and chart setups: Silver is trading lower at $17.25 levels at this moment, after printing highs at $18.00 levels earlier...
Technical Analysis of Gold for May 04, 2016 Technical outlook and chart setups: Gold is seen to be trading lower for the day at $1,280.00/81.00 levels, looking to rally one last time through $1,307.00/10.00 levels before reversing lower...
Technical Analysis of USD/CHF for May 04, 2016 USD/CHF is expected to trade with a bearish bias as the key resistance is at 0.9605. The pair has posted some bounces and is currently challenging its nearest resistance at 0.9605...
Technical Analysis of NZD/USD for May 04, 2016 NZD/USD is expected to trade in a lower range as the key resistance is at 0.6945. The pair remains under pressure below its horizontal resistance at 0.6945. The relative strength index stays below its neutrality area at 50 and lacks upward momentum...
Technical Analysis of GBP/JPY for May 04, 2016 GBP/JPY is expected to trade in a lower range. The pair failed to post a sustainable rebound after its 2% plunge triggered by the Australian central bank's surprise move to cut interest rates by 25 basis points...
Dollar’s Slide Interrupted - SocGen Kit Juckes, Research Analyst at Societe Generale, suggests that the dollar’s slide was interrupted yesterday as angst about the global economy overtook relative real yield trends as the dominant driver...