Roberto Jacobs / Blog
Technical Analysis of USD/JPY for June 03, 2016 USD/JPY is expected to trade in a bearish bias. Overnight, US stock indices recorded another stronger session while volumes remained muted. The Dow Jones Industrial Average rose 0.3% to 17838, the S&P 500 advanced 0...
Technical Analysis of USD/CHF for June 03, 2016 USD/CHF is likely to trade with a bullish outlook. The pair bounced off its major horizontal support at 0.9865 and is expected to post further advance...
Technical Analysis of NZD/USD for June 03, 2016 It is expected that NZD/USD extends its upside movement as the bias remains bullish. The pair remains positive on an intraday basis. A strong support base at 0.6770 (since June 1) has formed and allowed for a temporary stabilization...
Technical Analysis of GBP/JPY for June 03, 2016 GBP/JPY is expected to trade with a bearish bias. The pair remains on the downside and is looking for a lower bottom. The relative strength index has been capped by a negative trend line since May 30 and lacks upward momentum. As long as 158...
Technical Analysis of AUD/NZD for June 03, 2016 1.0590 is a major fibonacci projection level and also a graphical support level seeing how the price has bounced off it twice forming an impending double/triple bottom formation...
Technical Analysis of AUD/USD for June 03, 2016 The price has made a triple bottom bullish exit along with an exit on its bearish channel triggering a rise up to 0.7300...
Daily Analysis of USDX for June 03, 2016 The index recovered from Wednesday's losses and is now looking to do a consolidation back above the 200 SMA. It could break the resistance zone of 95.68. If a breakout happens above it, then we can expect another rally to possibly reach the 96...
Daily Analysis of GBP/USD for June 03, 2016 The pair is still finding support around the 1.4408 level, which remained solid after BoE Governor Carney's speech during yesterday's session, and eventually it could do a rebound toward the 1.4464 level...
GBP/NZD Breaks Major Trend Line Support, Targets 2.000 Major Support: 2.110 (trend line joining 2.0400 and 2.1107) GBP/NZD breaks below trend line resistance today morning and declined till 2.1072. It is currently trading around 2.11036. Minor trend reversal only above 2.1300 level...