Roberto Jacobs / Blog
Daily Analysis of Major Pairs for May 2, 2016 EUR/USD: The EUR/USD went upwards by 230 pips last week. The movement lasted a week and has resulted in a bullish bias in the market. The resistance line at 1...
NZD/USD Struggles to Extend Above 0.70, Lower Oil Weighs Having peaked at 0.7020 in early Asia, the NZD/USD pair drifted lower as we head into early Europe, and now struggles to rise back above 0.70 barrier. NZD/USD: making higher tops on daily charts Currently, the NZD/USD pair trades 0...
NZD/USD Will Decline Throughout the Year - Westpac Imre Speizer, Senior Market Strategist at Westpac, notes that the NZD/USD was rescued from a breakdown by the RBNZ’s hawkish surprise last Thursday...
USD/CAD Keeps 1.2500… for Now There is no respite for the greenback so far, with USD/CAD posting marginal losses albeit managing to trade above the 1.2500 handle early in Europe. USD/CAD attention to US data, oil Spot has bounced off recent multi-month lows just below the 1...
EUR/GBP Seems Set to Extend Last Week Gains The EUR/GBP pair surged past 0.7800 handle on Friday and adding some more weight to 0.7855 on Monday has retraced a bit to dip below 0.7850 level. The pair has been witnessing corrective move from April highs and now seems to found strong support near 0...
Daily Analysis of USDX for May 02, 2016 We could be in front of a possible double bottom pattern on the H1 chart, where the USDX is finding strong support around the 93.72 level...
EUR/JPY Halts 2-Day Sell-off, Regains 122 Handle The EUR/JPY battering seen last week appears to stall this Monday, with the JPY bulls having taken a backseat ahead of the key US NFP release. EUR/JPY moves-off 3-year low The EUR/JPY pair now gains 0.12% to 122...
Daily Analysis of GBP/USD for May 02, 2016 GBP/USD has been dealing with the strong resistance around the 1.4633 level, in which a breakout could produce another rally to reach new lows, possibly toward the 1.4722 level, which is a key level for sellers, who are highly active...
EURUSD: Looks To Strengthen Further With Caution EURUSD: With EURUSD closing higher the past week, further recovery is envisaged. However, it faces its key over head resistance located at 1.1464 level. Support lies at the 1.1400 level. Further down, support comes in at the 1...