Roberto Jacobs / Blog
Technical Analysis of Gold for March 31, 2016 Gold remains inside the short-term bearish channel and as we expected from our previous analysis, the price has made a lower high around the $1,235-40 area and is pulling back down...
Technical Analysis of USD/CHF for March 31, 2016 USD/CHF is expected to trade in a lower range as key resistance is at 0.9715. Despite the recent technical rebound, the pair remains under pressure below its nearest resistance at 0.9715. The relative strength index lacks upward momentum...
Technical Analysis of NZD/USD for March 31, 2016 NZD/USD is expected to trade in a higher range, with a bullish bias above 0.6845. The pair is currently consolidating, but still holds above its key support area around 0...
Technical Analysis of GBP/JPY for March 31, 2016 GBP/JPY is expected to trade in a lower range as the pair is under pressure. The pair stays on the downside and remains under pressure below its key resistance at 161.85. The descending 50-period moving average maintains a bearish bias...
Elliott Wave Analysis of EUR/NZD for March 31 - 2016 Wave summary: We have likely seen a low at 1.6229 just above the 1.6210 target. To confirm that a low has been seen, we need a break above minor resistance at 1.6508 and, more importantly, a break above resistance at 1...
Elliott Wave Analysis of EUR/JPY for March 31 - 2016 Wave summary: We continue to look for more corrective upside pressure close to 128.91 before the final decline to below 122.06 is ready to take over for the final decline closer to 117...
Technical Analysis of EUR/USD for March 31, 2016 When the European market opens, some economic news will be released such as the Italian Prelim CPI m/m, Core CPI Flash Estimate y/y, CPI Flash Estimate y/y, German Unemployment Change, Spanish Flash CPI y/y, French Prelim CPI m/m, French Consumer S...
Technical Analysis of USD/JPY for March 31, 2016 In Asia, Japan will release the Housing Starts y/y and the US will release some economic data such as Natural Gas Storage, the Chicago PMI, Unemployment Claims, and Challenger Job Cuts y/y...
Daily Analysis of Major Pairs for March 31, 2016 EUR/USD: The EUR/USD pair broke further upwards on Wednesday, testing the resistance line at 1.1350. There is a Bullish Confirmation Pattern on the 4-hour chart...