Roberto Jacobs / Blog
Daily Analysis of USDX for April 29, 2016 USDX is developing a very clear bearish structure below the 200 SMA after it found dynamic resistance around that level. Currently, the Index is forming a lower low pattern above the support level of 93...
Daily Analysis of GBP/USD for April 29, 2016 The pair is still trapped in a bullish consolidation phase above the support zone of 1.4539, where the Cable did a rebound during yesterday's session. Currently, a breakout is expected to be held above the 1...
EUR/GBP Still Struggling Below 0.7800 Handle The EUR/GBP pair on Friday is trading with minor gains near 0.7780 and is attempting a fresh move towards 0.7800 level, above which it has repeatedly struggled to sustain its strength...
EUR/JPY on the Verge as 122.00 Support Re-tested EUR/JPY, just like GBP/USD flirting with 1.4650, is also playing with fire as it re-visits a key support at the 122...
Asian Markets Mix, USD/JPY Hits Lowest Level Since October 2014 and Gold Rises to Seven Week High All the major Asian indices are trading on a mix note on the last working day of the week. Japanese banks will be closed in observance of Showa Day. Today USD/JPY falls below 107...
FxWirePro: EUR/JPY Edges Higher from Weekly Lows at 121.88, Bias Lower EUR/JPY edges higher from weekly lows at 121.88 to retake the 122 handle, but bias remains to the downside. Our previous call (http://www.econotimes...
USD/CAD Eyeing 1.2500 Level to Extend Some Support Weak USD GDP print and rising crude oil prices continued pressing the USD/CAD pair lower and the pair is now inching closer to 1.2500 handle, level that has not been tested since June 2015. From 2016 peak of 1...
USD/JPY: 200-Day MA Should Underpin Market - Commerzbank Karen Jones, Head of FICC Technical Analysis Research at Commerzbank AG, shares her technical analysis on USD/JPY, noting that the 200 month moving average at 105.86 should underpin the market at this stage...