Roberto Jacobs / Blog
FxWirePro: Silver Rises 3.25 Pct to $20.42, Highest Since August 2014 XAG/USD is currently trading around $20.35 marks. It made intraday high at $20.43 and low at $19.65 levels. Intraday bias remains bullish till the time pair holds immediate support at $19.70 marks. A sustained close above $20...
EUR/NZD Analysis for July 01, 2016 Recently, EUR/NZD has been moving downwards. As I expected, the price tested the level of 1.5466 in a high volume. According to the 30M time frame, I found response from sellers at the price of 1...
Gold Analysis for July 01, 2016 Since our previous analysis, gold has been trading upwards. As I expected, the price tested the level of $1,337.91 in a high volume. According to the 30M time frame, I found that demand is in control in the market...
CAD/JPY Trade Idea - Good to Sell on Rallies Major resistance - 79.95 (55 4H EMA) CAD/JPY has made a high of 79.95 yesterday and started to decline from that level. It is currently trading around 79.19. Short term trend is bearish as long as resistance 80 holds. The decline from 83.81 till 76...
FxWirePro: AUD/CHF Faces Strong Support at 0.7230, Good to Buy at Dips Major resistance – 0.7380 (61.8% retracement of 0.7574 and 0.70323) Major support – 0.7230 (daily Tenkan-Sen) AUD/CHF has recovered sharply after making a low of 0.72317 yesterday. It is currently trading around 0.72994...
Technical Analysis of USD/CAD for July 1, 2016 General overview for 01/07/2016: The corrective cycle is evolving towards a more complex and time-consuming pattern. The leg c of this pattern might be completed soon, and the projected target is at the level of 1.2857...
Technical Analysis of EUR/JPY for July 1, 2016 General overview for 01/07/2016: The ongoing complex corrective cycle in wave iv can be completed anytime...
Technical Analysis of USD/CHF for July 01, 2016 USD/CHF is expected to trade with a bearish bias as key resistance is at 0.9800. The pair failed to break above its horizontal resistance and overlap at 0.9800 after having tested it for at least two times yesterday...
Technical Analysis of NZD/USD for July 01, 2016 NZD/USD is expected to trade with a bullish bias. The pair is turning up and is expected to post further rebound. Meanwhile, a bullish cross has been identified between the 20-period and 50-period moving averages...