Roberto Jacobs / Blog
Technical Analysis of EUR/JPY for July 1, 2016 General overview for 01/07/2016: The ongoing complex corrective cycle in wave iv can be completed anytime...
Technical Analysis of USD/CHF for July 01, 2016 USD/CHF is expected to trade with a bearish bias as key resistance is at 0.9800. The pair failed to break above its horizontal resistance and overlap at 0.9800 after having tested it for at least two times yesterday...
Technical Analysis of NZD/USD for July 01, 2016 NZD/USD is expected to trade with a bullish bias. The pair is turning up and is expected to post further rebound. Meanwhile, a bullish cross has been identified between the 20-period and 50-period moving averages...
Technical Analysis of GBP/JPY for July 01, 2016 GBP/JPY is expected to trade with a bearish bias. The pair is currently challenging its key resistance at 138, while the relative strength index lacks upward momentum. As long as 138 holds as the key resistance, a drop toward 135 is possible...
DAX30 Faces Strong Resistance at 9860, Break Above Targets 9940/100084 Major resistance – 9860 (21 day MA) The index has broken high 9718 (High made after Brexit) and jumped till 9795. It is currently trading around 9668. DAX30 should close above 9860 for further bullishness...
Technical Analysis of Gold for July 1, 2016 Gold has broken out of the triangle consolidation and is making higher highs and higher lows. The price is heading at least towards the $1,360 high with expectations of breaking it and reaching $1,400 by the end of next week...
FxWirePro: CAD/JPY Struggles to Close Above 80, Good to Sell on Rallies Major resistance- 79.95 (55 4H EMA) CAD/JPY has made a high of 79.95 yesterday and started to decline from that level. It is currently trading around 79.19. Short term trend is bearish as long as resistance 80 holds...
Technical Analysis of EUR/USD for July 01, 2016 When the European market opens, some economic news will be released such as the Unemployment Rate, Italian Monthly Unemployment Rate, Final Manufacturing PMI, German Final Manufacturing PMI, French Final Manufacturing PMI, Italian Manufacturing PMI...
Technical Analysis of USD/JPY for July 01, 2016 In Asia, Japan will release the Consumer Confidence, BOJ Core CPI y/y, Final Manufacturing PMI, Tankan Non-Manufacturing Index, Tankan Manufacturing Index, Unemployment Rate, National Core CPI y/y, Tokyo Core CPI y/y, and Household Spending y/y...