Roberto Jacobs / Blog
USD/JPY Focus is Now on 106.63 – Commerzbank Karen Jones, Head of FICC Technical Analysis at Commerzbank, has noted the relevance of the 106.63 level in light of the ongoing weakness in the pair...
Gold Strengthens From 5-DMA Support Gold found support at 5-DMA level of $1224.57 and strengthened to a high of $1231.72 levels amid volatility in the FX markets and rise in European equities...
GBP/USD Vulnerable, Still Neutral – UOB In view of the research team at UOB Group, the pair’s outlook remains neutral in the near term, although downside risks have been increasing. Key Quotes “The break below the major 1.4050 support was short-lived as GBP rebounded strongly from a low of 1.4006...
Technical Analysis of USD/CHF for April 07, 2016 USD/CHF is expected to trade in a lower range and continue its downside movement. Technically, the pair remains weak below its falling 50-period moving average. The nearest resistance at 0.9595 maintains the strong selling pressure on the prices...
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...