Roberto Jacobs / Blog
Technical Analysis of USD/CHF for April 29, 2016 USD/CHF is expected to trade in a lower range as the pair is bearish within a declining channel. The pair remains under pressure within its descending channel and is likely to post further decline...
Technical Analysis of NZD/USD for April 29, 2016 NZD/USD is expected to trade in a higher range as the bias remains bullish. The pair stands firmly above its support at 0.6930 and remains on the upside. The 50-period moving average is also playing a support role and maintains a positive bias...
Technical Analysis of GBP/JPY for April 29, 2016 GBP/JPY is expected to trade in a lower range . Following yesterday's major collapse, the pair is now under pressure below its falling 50-period moving average...
Technical Analysis of EUR/JPY for April 29, 2016 Technical outlook and chart setups: The EUR/JPY pair has dropped lower, hitting 121.95 levels today. The pair seems to have made interim resistance at 126.40 levels yesterday before reversing sharply...
Technical Analysis of GBP/CHF for April 29, 2016 Technical outlook and chart setups: The GBP/CHF pair is seen to be trading at 1.1410/20 levels at this moment, looking to push higher towards 1.4290/1.4300 levels at least. The pair is expected to produce a meaningful retracement thereafter...
Elliott Wave Analysis of EUR/NZD for April 29 - 2016 Wave Summary: The corrective decline in red wave ii became deeper than expected with a low at 1.6196, but it seems to be over. A break above minor resistance at 1.6365 and more importantly a break above resistance at 1...
Elliott Wave Analysis of EUR/JPY for April 29 - 2016 Wave summary: It has become a "Make it or break it" time. The low at 121.69 should be able to protect the downside, or our count will be wrong and will have to be ajusted. We will be looking for a break above minor resistance at 122...
USD/JPY: 107.00 Gives Way, What's Next? USD/JPY has seen a break through 107.00 at the London open, although no much follow through has been experienced so far, despite the momentum being clearly in favour of the bears, with some chatter that GPIF-related bids are resting sub 107 down to 106.70...
Daily Analysis of Major Pairs for April 29, 2016 EUR/USD: The perpetual rally on the EUR/USD has resulted in a more vivid threat to the present bearish bias in the market...