Roberto Jacobs / Blog
FxWirePro: Gold Risk Reversals Signal Upside Risks and 3-Way Straddle Versus Put to Derive Exponential Yields Gold futures for June delivery on the Comex division of the NYME have jumped again to an intraday high of $1,299...
FxWirePro: AUD/CAD Hovers Around 61.8% Fib, RBA to Influence Near Term Direction AUD/CAD is consolidating last Thursday’s drop, the pair is hovering around 61.8% Fib retrace of the Sept-Dec rally at 0...
Technical Analysis of USD/CHF for May 02, 2016 USD/CHF is expected to trade in a lower range. The pair is heading downward within its intraday declining channel in place since April 27, 2016...
Technical Analysis of NZD/USD for May 02, 2016 NZD/USD is expected to post further advance. The pair remains on the upside within a bullish channel, and it is more likely to challenge its nearest resistance at 0.7025 in the coming trading hours. The horizontal support at 0...
Technical Analysis of GBP/JPY for May 02, 2016 GBP/JPY is expected to trade with bearish bias. The pair still remains under pressure below its key resistance at 157.15. Meanwhile the relative strength index lacks strong upward momentum. As long as 157...
NZD/JPY Breaks But Hangs on Major Support at 74.143, more Bearish Scope Upto 72.883 The pair rallied upto 74.699 after testing supports at 74.143 levels. But during later stage of last week prices have dropped below DMAs after testing stiff resistance at 76...
FxWirePro: EUR/GBP Holds Above Daily Cloud After Gap up Open, Good to Go Long With a Target 0.7925 EUR/GBP has broken range trade along trendline support. Price action has edged above the daily cloud. The pair opened with a gap-up after surging past 0...
Silver Trades Well Above Major Resistance, Targets $18.45/$19 Major resistance- $17.75 (May 15th 2015) Silver has broken major resistance at $17.75 and jumped till $17.94 from that level. It is currently trading around $17.80. Short term trend is bullish as long as support $17...
USD/JPY: Solid Support from Buying on Dips – Deutsche Bank Taisuke Tanaka, Strategist at Deutsche Bank, suggests that there is a solid support for USD/JPY from buying on dips and only slight upside constraint is from the hedging...
Japan Warned by US Against Currency Devaluation - Rabobank Michael Every, Head of Financial Markets Research at Rabobank, notes that the US Treasury’s semi-annual currency report to Congress has just named Japan (along with Taiwan, South Korea, China, and Germany) as countries it is publicly warn...