Roberto Jacobs / Blog
GBP/USD Erases Early Gains, Drops Back to 1.4400 Mark The GBP/USD pair early morning gains ran into selling pressure, dragging the pair back towards 1.4400 handle to currently trade near 1.4410 level...
EUR/USD Faces Support Around 1.1140 – Commerzbank Axel Rudolph, Senior Technical Analyst at Commerzbank, noted the relevant support levels for the pair. Key Quotes “Last week EUR/USD failed at 1.1400 as expected and this week reached the previous April low at 1.1234 and nearly the 55 day ma at 1...
EUR/USD Downside Appears Limited – UOB In view of analysts at UOB Group, the downside momentum in EUR/USD could slower its pace in the short-term. Key Quotes “While the break below 1...
FxWirePro: GBP/JPY Faces Strong Support at 160, Good to Buy at Dips Major resistance -162.60 Major support – 158 (21 day 4HMA) The pair has opened higher today morning around 161.74 and started to decline from that level. It is currently trading around 160.60...
FxWirePro: Turkish Lira Continues to Fall Against US Dollar, Intraday Bias Remains Bullish USD/TRY is currently trading at 2.8463 levels. It made intraday high at 2.8520 and low at 2.8421 levels. Intraday bias remains bullish for the moment. A daily close below 2...
Technical analysis of USDX for April 25, 2016 The Dollar index made a breakout on Friday to new short-term highs but still holds below the 95.20 important resistance. This resistance was once tested and prices got rejected. I believe we can see another attempt to break above it this week...
Technical Analysis of Gold for April 25, 2016 Gold remains trapped inside the trading range of $1,270-$1,220. Gold bulls have tried to push higher for a breakout but were not strong enough...
Technical Analysis of EUR/JPY for April 25, 2016 General overview for 25/04/2016: The Elliott wave count has been little modified to incorporate the recent price action. Currently, the corrective cycle in wave 2 is expected, and the retracement can reach the projected level of 123...
Technical Analysis of USD/CAD for April 25, 2016 General overview for 25/04/2016: The market trades in the bearish zone, below the weekly pivot at the level of 1.2721 and below the intraday resistance at the level of 1.2749...