Roberto Jacobs / Blog
Technical Analysis of Silver for May 02, 2016 Technical outlook and chart setups: Silver is seen to be consolidating between $17.70 and $17.90 levels today, after hitting fresh highs at $17.95 levels last week...
Technical Analysis of Gold for May 02, 2016 Technical outlook and chart setups: Gold is seen to be trading above $1,293.00 levels at this moment, consolidating its recent rally. As depicted here, the yellow metal should be heading towards $1,307.00/10...
Technical Analysis of EUR/JPY for May 02, 2016 Technical outlook and chart setups: The EUR/JPY pair is seen to be trading higher at 122.24 levels, after hitting lows at 121.45/50 levels last week. The drop from 126.40 levels looks to be an impulse (5 waves). A rally above 123...
EUR/USD Futures OI Increased by a Whopping 21K Last Friday Preliminary data from the CME Group shows that futures traders added new business aggressively in the 6E contract (EUR/USD) last Friday, as the Euro broke through a key area of resistance at 1...
Technical Analysis of GBP/CHF for May 02, 2016 Technical outlook and chart setups: The GBP/CHF pair dropped to 1.3917 levels today in early hours trade before pulling back sharply. The pair is trading above 1.4000 levels at the moment, looking to rally towards higher levels...
AUD/USD Retakes 0.7600, Focus on RBA The Aussie dollar is posting moderate gains early in the European morning, pushing AUD/USD once again above the 0.7600 handle. AUD/USD looks to the RBA The pair has recovered some ground after testing recent lows in the mid-0...
EUR/USD Erases Early Gains, Holds Above 1.1450 Ahead of Euro-Zone PMI The EUR/USD pair pared early Asian session gains and moved back to morning opening level of 1.1465 as investors wait to see the final print of Euro-zone PMI figures for the month of April...
Elliott Wave Analysis of EUR/NZD for May 2 - 2016 Wave summary: The very slow start of what we expect is a new major rally to above 1.6833 and much higher is still developing in a slow motion way. That said, we are currently looking for minor support at 1...
Elliott Wave Analysis of EUR/JPY for May 2 - 2016 Wave summary: EUR/JPY has broken below the important support at 121.69 (a low has been seen at 121.66). The break below 121.69 does open a window for a decline all the way to the 117.37 - 117.99 area before the corrective low is finally in place...