Roberto Jacobs / Blog
GBP/USD: Downside Target Remains 1.3502 - Comerzbank Axel Rudolph, Analyst at Commerzbank, as part of his daily trade recommendation, suggests to attempt tiny shorts in GBP/USD at 1.4420, 1.4500 stop 1.4570, exit 1.4320. His downside target remains at 1.3502 2009 low...
Technical Analysis of Silver for March 24, 2016 Technical outlook and chart setups: Silver has dropped and almost hit the first estimated target at $15.00 levels as discussed yesterday. The metal is trading at $15.27 levels for now, looking to form intermediary lows at $14.90/15...
Technical Analysis of Gold for March 24, 2016 Technical outlook and chart setups: Gold has dropped lower as discussed and expected, and is trading at $1,218.00 levels at the moment. The yellow metal may produce intraday rallies but those should remain well capped below $1,230.00/35.00 levels...
Technical Analysis of EUR/JPY for March 24, 2016 General overview for 24/03/2016: After completing the corrective structure in wave (ii), the market stalled just below the intraday resistance at the level of 126.25...
Technical Analysis of USD/CAD for March 24, 2016 General overview for 24/03/2016: The market has broken above the intraday resistance at the level of 1.3167 in an impulsive fashion and is currently trading inside of the neutral zone...
Gold Recovers From Fresh One-Month Low Set in Asia Gold prices clocked a fresh one-month low of $1214.73 in Asia before trimming losses to trade around $1219/Oz levels with investors eyeing key data releases in the US...
EUR/GBP Firm Above 0.7900, UK Data Eyed Sideline patterns in both the sterling and the single currency are echoing on EUR/GBP, trading in a consolidative theme in the low-0.7900s. EUR/GBP keeps 0...
EUR/USD - Slide Stalls After Four Day Losing Streak EUR/USD has recovered from Asian session low to trade largely unchanged on the day around 1.1175 as bears are taking a breather following the pair's four day losing streak. Trades above 23.6% Fibo support The pair sits just above 1.1173 (23...
Technical Analysis of GBP/CHF for March 24, 2016 Technical outlook and chart setups: The GBP/CHF pair is seen to be trading at 1.3750/55 levels for now, after having tested previous lows at 1.3725 levels. The pair needs to break above 1...