Roberto Jacobs / Blog
Technical Analysis of USDX for April 20, 2016 The Dollar index made the deep correction I've been expecting and we should now see a bullish reversal. For this to be confirmed, we first need a break above 94.80 and then above 95.20...
Technical Analysis of Gold for April 20, 2016 Gold bounced yesterday towards resistance of $1,260 and got rejected as the price hit the upper triangle boundary. This rejection is a bearish sign...
Technical Analysis of USD/CHF for April 20, 2016 USD/CHF is expected to trade with a bearish bias as key resistance is at 0.9645. Technically, the pair remains under pressure below its falling 50-period moving average, which plays a strong resistance role since April 18, 2016...
Technical Analysis of NZD/USD for April 20, 2016 NZD/USD is expected to trade with further gains. The pair remains on the upside, backed by its rising 20-period and 50-period moving averages...
FxWirePro: EUR/NOK Fails to fall Below 9.2127, Good to Buy on Dips EUR/NOK is currently trading at 9.2470 levels. It made intraday high at 9.2653 and low at 9.2121 levels. Intraday bias remains bullish till the time pair holds key support level at 9.2127...
AUD/USD Recovers Sharply to Move Back Above 0.7800 Handle As oil prices stabilized AUD/USD recovered sharply from early morning lows of 0.7767 and moved back above 0.7800 mark, erasing all of its early morning losses and trade with some marginal gains...
USD/JPY Now Looks to Consolidate Around 109.00 The Japanese currency is giving away part of the recent gains vs. the greenback, with USD/JPY currently gyrating around the 109.00 handle...
USD/CHF Drops to Lows Ahead of 0.9600 on Swiss Data The Swiss franc wiped-out losses and jumped back on the bids against its American counterpart in the European session, driving USD/CHF in the red just shy of 0.96 mark. USD/CHF recedes from 0.9620 Currently, the USD/CHF pair trades -0...
USD/CAD Recovery Fizzles as Oil Recovers Amid rising oil prices and weak US housing data, commodity-linked currencies rose sharply against the US Dollar on Tuesday with USD/CAD pair dropping to 1.2630, its lowest level since July 2015. 1...