Roberto Jacobs / Blog
GBP/USD Weakness Persists, Slides Below 1.42 Sterling is once again being offered in early Europe leading to a break in the GBP/USD pair below 1.42 levels on increased Brexit fears. Offered at 1.4227 The spot turned lower from the Asian session high of 1...
EUR/GBP Wobbles Around 0.7900 EUR/GBP is trading almost unchanged on Wednesday, keeping the trade in the upper bound of the in the boundaries of 0.7900 the figure...
Technical Analysis of Silver for March 23, 2016 Technical outlook and chart setups: Silver hit $15.95/16.00 levels yesterday and reversed lower as expected. The metal is trading at $15.75 levels at the moment, looking to drop lower towards $15.40 and further as depicted here...
Technical Analysis of Gold for March 23, 2016 Technical outlook and chart setups: Gold has dropped lower after hitting resistance at $1,260.00 levels yesterday, a tad bit higher than expected but the direction has been lower since then. The metal is seen to be trading at $1,235.00/36...
Technical Analysis of GBP/CHF for March 23, 2016 Technical outlook and chart setups: The GBP/CHF pair dropped lower below 1.3880 levels yesterday, taking stops out on long positions. The pair is still holding above the 1...
Technical Analysis of EUR/JPY for March 23, 2016 General overview for 23/03/2016: The abc green corrective cycle in wave (ii) had been completed at the level of 124.67...
Technical Analysis of USD/CAD for March 23, 2016 General overview for 23/03/2016: The market is still trading inside of a very tight range, just below the weekly pivot and inside the bearish zone. The last leg of the corrective cycle in wave Z brown might have been completed at the level of 1...
Technical Analysis of EUR/USD for March 23, 2016 When the European market opens, some economic news will be released such as the German 30-y Bond Auction. The US will release economic data too such as Crude Oil Inventories and New Home Sales...
Technical Analysis of USD/JPY for March 23, 2016 In Asia, today Japan will not release any economic data but the US will release some economic data such as Crude Oil Inventories and New Home Sales. So there is a probability the USD/JPY pair will move with low to medium volatility during this day...