Roberto Jacobs / Blog
Elliott Wave Analysis of EUR/JPY for April 25 - 2016 Wave summary: We continue to look for more upside pressure towards the 127.77 target as red wave iii. However, in the long term a strong test of the 128.22 high is expected and if this resistance breaks, then a long-term bottom at 121...
USD/CAD Bid Around 1.2690, Oil Eyed USD/CAD is attempting a consolidation scheme below the 1/2700 handle at the beginning of the week, coming up from lows near 1.2660 during the Asian session...
USD/CHF Facing Resistance Near 0.9800 Area During the Asian session on Monday, the USD/CHF pair has been witnessing some minor profit taking move from nearly 0.9800 mark touched on Friday and is currently trading at 0.9765, close to its immediate support near 0.9750 round figure...
Technical Analysis of EUR/USD for April 25, 2016 When the European market opens, some economic news will be released such as Belgian NBB Business Climate, German IFO Business Climate. The US will release economic data too such as New Home Sales...
Technical Analysis of USD/JPY for April 25, 2016 In Asia, Japan will release the SPPI y/y and the US will release some economic data such as New Home Sales. So there is a probability the USD/JPY will move with low to medium volatility during this day. TODAY'S TECHNICAL LEVELS: Resistance. 3: 111...
Daily Analysis of major pairs for April 25, 2016 EUR/USD: The bulls tried seriously to push this pair upwards, but following the volatility we witnessed here last week on Thursday, the price came down on Friday...
NZD: Guided by the RBNZ Decision this Week - Westpac Imre Speizer, Research Analyst at Westpac, suggests that the RBNZ OCR Review (Thu) headlines this week. Key Quotes “We expect an on-hold decision (at 2...
Daily Analysis of DAX for April 25, 2016 The DAX is trapped inside a bullish sideways consolidation above the support zone of 120291, but the overall outlook is still there, as the Index's price action is moving in favor of the bulls in the short-term picture...
AUD/JPY Reversing from 86.00 Strong Resistance On Monday, the Japanese currency strengthened against its Australian counter part with the AUD/JPY giving up some of its rapid appreciation on Friday to trade at 85.75 odd level. The pair's sharp recovery from early April lows of 80...