Roberto Jacobs / Blog
Elliott Wave Analysis of EUR/NZD for April 27 - 2016 Wave summary: We are still waiting for a break above important resistance at 1.6490 to confirm that an important bottom has been seen at 1.6062. A break above the 1.6490 resistance will call for much more upside towards 1...
GBP/USD Recovers Losses, but Stays Below 1.46 on UK GDP The British pound recovers losses and regains bids versus its American counterpart in the European morning, with GBP/USD re-attempting a break above 1.46 handle. GBP/USD bounces-off 1...
EUR/GBP Trims Early Gains After UK GDP Release Just ahead of the UK GDP print for the first quarter of 2016, the EUR/GBP pair gained momentum but failed to build on to the early strength and has now dropped below 0.7775 level to currently trade near 0.7765...
Elliott Wave Analysis of EUR/JPY for April 27 - 2016 Wave summary: We continue to look for more upside pressure towards 127.77 in red wave iii. In the long term, much higher highs are expected as the large correction from 149.55 most likely ended with the test of 121...
Technical Analysis of EUR/USD for April 27, 2016 When the European market opens, some economic news will be released such as the German 30-y Bond Auction, Private Loans y/y, M3 Money Supply y/y, GfK German Consumer Climate, and German Import Prices m/m...
Technical Analysis of USD/JPY for April 27, 2016 In Asia, Japan will release the All Industries Activity m/m and the US will release some economic data such as the Federal Funds Rate, FOMC Statement, Crude Oil Inventories, Pending Home Sales m/m, Goods Trade Balance...
GBP/AUD Awaits UK GDP Release to Build on Today’s Momentum The GBP/AUD surged nearly 400-pips on Wednesday, breaking past 1.9000 psychological mark and testing 1.9200 mark before retracing a bit to currently trade near 1.9110 just ahead of the UK GDP release...
EUR/USD Jumps to Test Tuesday’s High Near 1.1335 A sudden bout of buying interest gripped the EUR/USD pair post-European open, with the bulls driving the prices way beyond 1.13 handle. EUR/USD advances ahead of Fed verdict Currently, EUR/USD trades +0.24% higher at 1...
Daily Analysis of USDX for April 27, 2016 USDX has been doing strong declines from the April 22th highs, and now we're seeing a strong rebound above the support level of 94.26...