Roberto Jacobs / Blog
Technical Analysis of NZD/USD for April 07, 2016 NZD/USD is expected to trade in a higher range. The pair remains on the upside after overnight's rebound from a low of 0.6800. The bullish bias is maintained by the ascending 20-period moving average...
Technical Analysis of GBP/JPY for April 07, 2016 GBP/JPY is under pressure and expected to trade in lower range and move towards 152.35. The pair has been capped by its descending 50-period moving average and it is looking for a lower bottom...
EUR/USD Turns Negative Near 1.1380 The upside momentum in EUR/USD seems to have found strong resistance in the area of 1.1450/60, fresh 2016 tops...
USD/JPY Sell-Off Extends in Europe, 108.50 Tested The USD/JPY pair keeps falling post-Europe open, with the bears completely in control and now look to test the next psychological support placed at 108.00...
Technical Analysis of USDX for April 7, 2016 The Dollar index has broken support yesterday and is moving lower towards our 93 target area. Dollar bears need to be very cautious as the price is showing bullish divergence signals and if we reverse upwards above 95...
GBP/USD – Bears are Back, Drops Below 1.41 GBP bears made their presence felt once again in early Europe, pushing GBP/USD to a session low of 1.4048 levels. Rejected at hourly 50-MA Spot made failed attempts to break above hourly 50-MA, opening doors for a fresh sell-off in Europe...
Technical Analysis of Gold for April 7, 2016 Gold continues to move sideways but is still inside the bearish channel. The trend remains bearish as long as the price is below $1,240 with increased chances of a push lower towards $1,190...
Elliott Wave Analysis of EUR/NZD for April 7 - 2016 Wave summary: We are still waiting for some real upside acceleration, but to signal the beginning of this upside acceleration, a break above resistance at 1.6800 and, more importantly, a break above 1.6874 is needed to call for a rally to 1...
Elliott Wave Analysis of EUR/JPY for April 7 - 2016 Wave summary: We have now seen the expected break below the important support at 124.64 confirming a continuation lower to 122.06 and 117.38 to end the corrective decline from 141.04. Short-term resistance is now seen at 125...