Roberto Jacobs / Blog
USD/CHF Slips for Fourth Straight Day, Might Hold 0.9600 Level Disappointing May jobs report continue to weigh on the US Dollar with the USD/CHF pair dropping to monthly low level of 0.9624 despite of weaker-than-expected Swiss CPI print...
FxWirePro: DAX30 Faces Strong Resistance at 10500, Good to Sell on Rallies Major resistance – 10450-10500 (161.8% retracement of 10285 and 10038 and Apr 21st high) Major support – 10000 (90 day EMA) DAX has jumped till 10317 yesterday after making a low of 10038 on 3rd Jun 2016...
Chinese Imports Jump Lifting AUD and NZD Market Drivers June 8, 2016 Chinese exports rise boosting commdollars UK MP/IP beats Nikkei 0.93% Dax -0.46...
AUD/JPY T-89 Pattern Suggesting a Possible Bounce The AUD/JPY pair spiked after a V shaped reversal at the bottom spiking up to 80.30, slightly below H3 camarilla pivot. Now moment price action is showing a completed T-89 pattern right off L4 support where we can see a confluence zone (L4, 38...
OECD: Leading Indicators Point to Stable Growth in Euro Area The Paris-based research body, Organisation for Economic Co-operation and Development (OECD) is out with their latest outlook on the global economy based on the leading indicators, which suggests continued to slowdown in the UK and Ital...
EUR/PLN Bounces Off Lows on NBP Decision The Polish Zloty is partially eroding its earlier advance vs. its European peer, pushing EUR/PLN to the 4.3460 area...
GBP/USD Forecast: Choppy Price Action Ahead of the Referendum The GBP/USD pair trades neutral around its daily opening, bouncing from a daily low set at 1...
USDCHF: Vulnerable, Targets Further Weakness USDCHF: Having the pair declined further on Tuesday, it looks to extend that weakness in the days ahead which is already underway. On the downside, support lies at the 0.9650 level. A turn below here will open the door for more weakness towards the 0...
Crude Oil Target 3 Hit with Chinese Oil Imports Up 38% Crude Oil, daily Crude oil price is at the time of writing trading higher with support given to it by the hefty increase in Chinese import numbers, low US oil inventories and fears that Nigerian oil production might attract new attacks from t...