Roberto Jacobs / Blog
Technical Analysis of USDX for April 26, 2016 The Dollar index continued its slide lower yesterday towards the 94.40 support. The price is steadily pushing lower towards the short-term support...
EUR/USD: Bulls Making Headway Towards 1.1300? EUR/USD found fresh bids just below 5-DMA and from there rebounded sharply to daily tops, finally taking-out strong 10-DMA resistance. EUR/USD firmer, but still below 1.1300 Currently, EUR/USD trades +0.14% higher at 1.1284, testing highs reached at 1...
GBP/USD Adding to Gains Above 1.4500 Mark The GBP/USD has been inching higher for third consecutive day and at the time of writing is trading at day's peak near 1.4545 level...
Technical Analysis of Gold for April 26, 2016 Gold still remains inside the triangle pattern and there is no clear direction in the gold market right now. There are more chances of a deeper correction at least towards $1,190 but sellers still struggle to gain control of the trend...
Technical Analysis of USD/CHF for April 26, 2016 USD/CHF is expected to trade with a bullish bias above 0.9725. Despite the recent consolidation, the pair stands firmly above its nearest key support at 0.9725 and is likely to post a rebound on it...
Technical Analysis of NZD/USD for April 26, 2016 NZD/USD is indicating choppy price action with a bearish bias. The pair remains under pressure below its key resistance at 0.6900 and is looking for a lower bottom. The intraday technical indicators are mixed to bearish...
Technical Analysis of GBP/JPY for April 26, 2016 GBP/JPY is expected to trade with a bullish bias. The pair managed to hold above its horizontal level at 160.05, and is now challenging its next resistance at 161.70...
Elliott Wave Analysis of EUR/NZD for April 26 - 2016 Wave summary: We are still looking for a break above the important short-term resistance at 1.6499 to confirm that an important low was found at 1.6062. Short-term support is found at 1...
Elliott Wave Analysis of EUR/JPY for April 26 - 2016 Wave summary: No change in view here. We continue to look for a continuation higher towards 127.77 as the first upside target for red wave iii. Short-term support is seen at 124...
Technical Analysis of EUR/USD for April 26, 2016 When the European market opens, no economic news will be released, but the US will release some economic data such as the Richmond Manufacturing Index, CB Consumer Confidence, Flash Services PMI, S&P/CS Composite-20 HPI y/y, Durable Goods Order...