Roberto Jacobs / Blog
Daily Analysis of S&P 500 for April 25, 2016 The H1 chart structure on this Index is telling us about a possible bullish advance in order to re-test the April 20th highs...
Daily Analysis of USDX for April 25, 2016 USDX is doing a bullish consolidation and the overall scenario is turning sideways, as the Index is still trapped inside a range below the resistance level of 95.18. However, if USDX does a breakout above it, then we can expect another rally toward the 95...
EUR/JPY Attempts Tepid-Bounce to 125, IFO Eyed The cross in the EUR/JPY is seen reversing a minor portion of Friday’s rally to fresh two-week highs and now drops below 125 handle ahead of the German IFO surveys. EUR/JPY keeps the red ahead of IFO The EUR/JPY pair now drops -0.40% to 124...
Daily Analysis of GBP/USD for April 25, 2016 The Cable is trying to break a key supply zone in the upside trend, as it has been trading above the support level of 1.4318, which served as a strong bottom in a short-term basis...
AUD/USD Bullish Above 0.7597 – Commerzbank In opinion of Axel Rudolph, Senior Technical Analyst at Commerzbank, the pair’s bullish stance remains intact above 0.7597. Key Quotes “AUD/USD’s recent rally has taken it close to our .7850 target level (38.2% retracement of move down from 2014), to...
EUR/GBP Trims Losses, Fails Ahead of 0.7800 After bottoming out near 0.7750 in early trade, the subsequent better tone in euro has helped EUR/GBP to erode the pullback and recover the 0.7780 area. EUR/GBP attention to IFO The sharp decline from cycle highs near 0...
GBP/CAD Reclaims 1.8300 Mark The GBP/CAD pair has been steadily recovering from its lowest level since Jan. 2015 and has now moved back above 1.8300 round figure mark. After registering declines for five consecutive weeks, the pair last week witnessed some minor recovery...
Gold Rebounds in Asia Amid Negative Equities Gold is seen catching a fresh bid-wave as we progress towards the early European trades, with the bulls benefiting from poor sentiment amid lower stocks and oil prices. Gold picks up strength ahead of Fed decision Currently, gold advances 0...
AUD/USD: Expect a Sizeable Decline in H2 2016 - Westpac Sean Callow, Research Analyst at Westpac, continues to expect a sizeable decline in AUD/USD in H2 2016 but it is hard to make the case for a reversal short term...