Roberto Jacobs / Blog
EUR/USD Bearish Stance Losing Momentum? – UOB The research team at UOB Group sees the bearish picture unchanged around EUR/USD, albeit losses could be limited around 1.1140...
SEK Expected to Appreciate Further – Danske Bank Stefan Mellin, Senior Analyst at Danske Bank, sees the Swedish krona gathering further traction in the medium term. Key Quotes “EUR/SEK is close to our 1-3M target at 9...
USD/JPY Finds Support at 108.80, Revisits Daily Highs The retreat in the USD/JPY pair met fresh offers near 108.80 region, and the major swung back the familiar range above 109 levels amid rallying European stocks. USD/JPY supported well above hourly 200-SMA at 108...
EUR/USD Key Support Lies at 1.1234 – Commerzbank Axel Rudolph, Senior Technical Analyst at Commerzbank, believes spot could test the 1.1140 area once 1.1234 has been cleared. Key Quotes “EUR/USD recently charted a minor new high of 1.1465 which was not confirmed by the daily RSI”...
EUR/USD Trims Gains ahead of ZEW After hitting daily peaks near 1.1350, EUR/USD has now embarked in a correction lower towards the 1.1320 area. EUR/USD attention to ZEW, US data The pair could not sustain the earlier bull run to the mid-1...
Technical Analysis of USD/CAD for April 19, 2016 General overview for 19/04/2016: The wave (b) top seems to be in place as the new low in this pair was made. Nevertheless, there is still one more lower low anticipated in this market before any meaningful correction to the upside would take place...
Technical Analysis of USDX for April 19, 2016 The Dollar index finally shows the deeper pullback I was expecting towards the important short-term support of 94.20. The bullish reversal scenario is valid as long as the price remains above 93.60...
Elliott Wave Analysis of EUR/NZD for April 19 - 2016 Wave summary: EUR/NZD keeps moving lower and the break below support at 1.6229 tells us that the correction in wave [ii] is not over yet as expected...
Technical Analysis of USD/CHF for April 19, 2016 USD/CHF is expected to trade with a bearish bias. The pair is turning down and stays below its key resistance at 0.9685. The descending 20-period moving average has crossed below the 50-period one, which also maintains a negative bias...
Elliott Wave Analysis of EUR/JPY for April 19 - 2016 Wave summary: With yesterday's low at 121.69, we now have 11 overlapping waves lower from 141.06. A count of 11 overlapping waves is corrective and indicates a bottom could be close by or maybe even in place. The corrective decline began at 149...