Roberto Jacobs / Blog
FxWirePro Medium Term Outlook: Kiwi May Strengthen to 0.81 Against Dollar As outlook for commodities improve and Dollar weakens across board, New Zealand Dollar, may be poised for bigger jump this week...
GBP/USD Extends Rally Towards 1.46, Fresh 11-Week Tops The bid tone surrounding GBP/USD picked-up significant strength over the past couple of hours, taking the rally way beyond 1.45 handle. GBP/USD fast approaching 1.46 barrier The GBP/USD pair advances 0.60% to 1...
FxWirePro: Go Short on EUR/SEK Around 9.1700 With Stop Loss 9.1760 and Target of 9.1435 EUR/SEK is currently trading around 9.1690 levels. It made intraday high at 9.1750 and low at 9.1422 levels. Intraday bias remains bearish for the moment. A daily close below 9...
USD/CHF Drops Further to Test Hourly 100-SMA The USD/CHF pair extends its downward spiral into a second day today, having hit fresh five-week highs last week, as the US dollar continues to slip against its major competitors. USD/CHF supported above 10-DMA at 0...
Technical Analysis of Silver for April 26, 2016 Technical outlook and chart setups: Silver is seen to be drifting sideways since last 3 trading sessions, after having dropped from $17.70 levels last week. The metal is expected to drop lower towards at least $15...
Technical Analysis of USD/CAD for April 26, 2016 General overview for 26/04/2016: Currently, the market keeps trading in a very tight zone around the weekly pivot and below the intraday resistance at the level of 1.2749...
Daily Analysis of Major Pairs for April 26, 2016 EUR/USD: On April 25, 2016, this pair bounced upwards in the context of a downtrend. The downtrend is still a valid thing, therefore the upwards bounce could be seen as a selling opportunity, if the price does not go above the resistance line at 1...
European Stocks Stage Rebound After falling for third consecutive day, Equity markets across Europe opened higher on Tuesday with major European indices gaining anywhere between 0.5% to 1.0%. At the time of publishing this report, both DAX and CAC indices are up by 0...
Gold Back in the Red Near $ 1235, US Data Eyed The ongoing recovery mode in the yellow metal ran out of legs once again near hourly 200-SMA above 1240 levels, and the prices retreated sharply, despite broad based US dollar weakness. Gold dips ahead of US data Currently, gold drops -0.25% to 1234...