Roberto Jacobs / Blog
Technical Analysis of USD/CAD for April 27, 2015 General overview for 27/04/2016: The count has been a little modified to incorporate the latest developments and it looks like the market is trying to complete a triple zig-zag pattern in the big wave Z brown...
Daily Analysis of Major Pairs for April 27, 2016 EUR/USD: The EUR/USD is still slightly higher in the context of a downtrend...
Gold Regains Poise, Set to Test $ 1250 Ahead of FOMC? The bullion ran through fresh bids during the European session, now pushing further towards $ 1250 mark as we head closer towards the Fed interest rate decision. Gold: Short-covering ahead of Fed Currently, gold trades 0.30% higher at 1246...
Pound Likely to Extend Gains Post GDP Pound has just snapped back, finding support around 1.4 area and now up more than 500 pips from there, despite all the fears surrounding a British exit from European Union, after June referendum on 23rd...
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...