Roberto Jacobs / Blog
GBP/USD Trade Idea Major Support – 1.4185 (200 day MA) Cable has recovered yesterday after making a low of 1.41965 (near 200 HMA) .It is currently trading around 1.42391. Intraday trend is slightly bullish as long as support 1.4185 holds. Any break below 1.4185 will drag the pair down till 1...
US Dollar Near 94.50, Off Highs Post-US Data The greenback, tracked by the US Dollar Index, has lost some momentum following the release of US data, leaving behind session highs near 94.70...
GBP/USD –Confluence of Resistance Intact Despite Weak US Data GBP/USD failed to take out confluence of technical resistance around 1.4250 (hourly 50-MA+ 50-DMA + 1.4252-38.2% of 1.4669-1.3835) despite dismal US retail sales release. Hovers around 1.4240 Prices clocked a post data high of 1...
Technical Analysis of Silver for April 13, 2016 Technical outlook and chart setups: Silver is pulling back after hitting fresh highs at $16.20 levels yesterday. The metal is seen to be trading at $16.00 levels at this moment, and looking to drop lower towards at least $15...
USD/JPY Back to 109.00 on Poor US Data The upside in the greenback lost some momentum following US data, with USD/JPY returning to the 109.00 neighbourhood. USD/JPY down from 109.40 The pair has faded the spike to fresh 4-day highs near 109...
EUR/USD Moves Off Lows after US Retail Sales EUR/USD moved off daily lows and trimmed intraday losses following the release of disappointing US retail sales and producer prices data. US retail sales fell 0.3% to a seasonally adjusted $446.89 billion in March, missing expectations of a 0...
US Retail Sales Unexpectedly Dropped in March Official data released in the US today showed retail sales unexpectedly dropped in March. Retails sales fell 0.3% m/m in March, compared to an expected rise of 0.1% following an upwardly revised February figure of 0.0%. Retail sales ex autos rose 0...
EUR/NZD Analysis for April 13, 2016 Recently, EUR/NZD has been moving downwards. As I had expected, the price tested the level of 1.6319 in a high volume. EUR/NZD has broken the upward channel. According to the H4 time frame, watch only for selling opportunities on rallies...
Oil in Global Economy Series: Future of Oil can be Seen in Present of Coal If I would have told you back in 2008, a company whose share price was trading at $1260, would go to zero in next eight years, you would have called me crazy, if I would have told you again in 2011 the same thing, when sha...