Roberto Jacobs / Blog
Daily Analysis of USDX for April 18, 2016 USDX is finding dynamic support above the 200 SMA, but the overall structure is bearish, as the price action is favoring the lower low pattern formations on a short-term basis. A breakout below the 94.40 level will expose the Index towards the 94...
Daily Analysis of GBP/USD for April 18, 2016 The pair is trying to ride a bullish trend above the 200 SMA on the H1 chart, but it seems it could restart the overall bearish bias toward the 1.4108 level. If a breakout happens below there, then we can expect another decline to the April 6th lows...
RBNZ Cycle Low for the OCR will be 1.88% - Westpac Imre Speizer, Senior Market Strategist at Westpac, suggests that the NZ market pricing for the RBNZ’s OCR low has stabilised, now implying the cycle low for the OCR will be 1.88% (from 1.82% last week...
EUR/USD Surrenders Gains, Back to 1.1280 EUR/USD has abandoned the area of daily highs above the 1.1300 handle, slipping back towards the 1.1285/80 band ahead of the opening bell in Euroland. EUR/USD focus on risk trends The pair could not sustain the earlier advance beyond the 1...
EUR/GBP Rises Further to Test 20-DMA, Near 0.7970 The offered tone surrounding the pound keeps growing bigger as we head into the European morning, sending EUR/GBP to fresh session highs in the upper band of 0.79 handle...
Technical Analysis of EUR/USD for April 18, 2016 When the European market opens, some economic news will be released such as the German Buba Monthly Report. The US will release economic data too such as the NAHB Housing Market Index...
Technical Analysis of USD/JPY for April 18, 2016 In Asia, Japan will not release any economic data but the US will release some economic data such as the NAHB Housing Market Index. So there is a probability the USD/JPY will move with low to medium volatility during this day...
USD/CAD Retraces the Gap, Near 1.2950 The Canadian dollar has recovery little ground vs. the greenback on Monday, with USD/CAD now returning to the mid-1.2900s. USD/CAD higher post-Doha The (expected...
NZD/USD: Bearish Gap Closed, Upbeat NZ CPI Supports Having closed the bearish opening gap, the NZD/USD pair is seen struggling to extend further into the green territory, as oil sell-off continues to crush risk appetite. NZD/USD: a dip to 0...
FxWirePro: NZD/USD Closes Bearish Gap After Upbeat CPI Data, Bias Higher NZD/USD has been highly volatile at the start of the week. Hit lows of 0.6843 after bearish gap open (around 40 pips lower). The pair has closed bearish gap after release of the much awaited CPI data, which beat expectations...