Roberto Jacobs / Blog
FXWIREPRO: South African Rand Hits Fresh 3-Month High Against US Dollar, Good to Sell on Rallies USD/ZAR is currently trading around 14.9240. It made intraday high at 15.22 and low at 14.89 levels. South Africa's rand breaks through 15...
Technical analysis of EUR/JPY for March 30, 2016 General overview for 30/03/2016: The supply zone has been violated, but the market looks weak at the current levels. However, the wave progression inside this upward structure does not look too impulsive so far; it is more like a zig-zag structure...
Technical Analysis of USD/CAD for March 30, 2016 General overview for 30/03/2016: The alternative count with the truncated wave V turned out to be the correct one, and a deep and sudden correction followed break-out of the 1.3140 level...
Technical Analysis of GBP/CHF for March 30, 2016 Technical outlook and chart setups: The GBP/CHF pair is trading at 1.3905/15 levels for now, looking to rally and hit 1.4050 levels at least before producing a meaningful retracement lower...
Technical Analysis of Gold for March 30, 2016 Gold prices bounced yesterday towards our target area of $1,235-40 as expected by our analysis. Gold has now reached an important short-term resistance. If the price manages to break above $1,250 we could even see new highs towards $1,300...
Technical Analysis of AUD/USD for March 30, 2016 AUD/USD is expected to hit the target of 0.7660. The pair keeps challenging the first upside target at 0.7660 after the overnight surge...
Technical Analysis of USD/CHF for March 30, 2016 USD/CHF is expected to trade in a lower range. The pair remains under pressure after yesterday's downside breakout of its key horizontal level at 0.9715. The previous support now plays a resistance role, which should limit any upside room...
Technical Analysis of NZD/USD for March 30, 2016 The upside movement is expected to prevail in the NZD/USD pair. The pair remains strongly on the upside, backed by its rising 20-period and 50-period moving averages. The relative strength index is still bullish above its neutrality area at 50...
Technical Analysis of GBP/JPY for March 30, 2016 GBP/JPY is expected to continue its further upside movement. The pair remains supported by its rising 20-period and 50-period moving averages, and is looking for a higher top. Meanwhile, the relative strength index is mixed to bullish...