Roberto Jacobs / Blog
GBP/JPY Retraces to 153.00 Levels, Correction Underway GBP/JPY is witnessing profit taking ahead of the weekend, courtesy of which the pair has recovered to 153.00 levels. Too early to call a bottom Brexit referendum is still at least two months away...
Technical Analysis of Silver for April 08, 2016 Technical outlook and chart setups: Silver is seen to be trading around $15.17 levels for now, still looking to form a base at $14.50/60 levels before resuming the uptrend. Please note that $14.50 levels are also a convergence of fibonacci 0...
Technical Analysis of Gold for April 08, 2016 Technical outlook and chart setups: Gold continues drifting sideways for now with prices trading around $1,236.00 levels...
Technical Analysis of EUR/JPY for April 08, 2016 Technical outlook and chart setups: The EUR/JPY pair is seen to be trading at 123.60 levels at this moment, after hitting lows at 122.40/50 levels yesterday. Please note that the pair had reversed lower from fibonacci 128...
AUD/JPY Stages Solid Comeback, Around 82 Handle The AUD/JPY cross staged a solid comeback from fresh monthly lows and recovered almost one big figure from the previous close, mainly driven by yen’s profit-taking slide across the board...
USD/CAD Drops to Lows, Challenging 1.3100 The Canadian dollar is now picking up pace vs. its American neighbor, sending USD/CAD to test the 1.3100 key support. USD/CAD attention to CAD data Bumpy week for the pair so far, which seems to have stabilized within 1.3100 and 1...
Technical Analysis of GBP/CHF for April 08, 2016 Technical outlook and chart setups: The GBP/CHF pair has dropped quite a bit lower into 1.3400 levels as depicted here, looking to produce a pullback/retracement towards 1.3740/50 levels at least. Please note that a break above 1...
Daily Analysis of USDX for April 08, 2016 USDX is looking to break the sideways structure, which has been developing since the March 30th session. However, it is still trading below the 200 SMA on the H1 chart, so the Index could be looking for new lows in coming days at least...
Daily Analysis of GBP/USD for April 08, 2016 We have been seeing some declines during yesterday's session, as the Cable is trying to test again the support level of 1.4016. If the pair succeeds in breaking that zone, then we can expect a continuation towards the 1...