Roberto Jacobs / Blog
USDX Technical Analysis for March 22, 2016 The Dollar index remains in a bearish trend since early Decemeber of 2015. Price is making lower lows and lower highs. The short-term trend remains bearish while the longer-term trend is still neutral as price is trapped inside a trading range...
Gold Technical Analysis for March 22, 2016 Gold price has broken above the short-term bearish channel. Price remains in a sideways channel and could now be starting the final move higher towards $1,300...
Analytical Review of the Currency Pair USD/JPY Technical data of the currency pair: Previous closing: 111.95; Daily range: 111.68-112.20; Opening: 111.95...
German IFO and Zew Survey Preview: What to expect of EUR/USD? EUR/USD failed to cut through 5-DMA resistance of 1.1258 in Asia and now trades around 1.1245 levels ahead of German IFO release, which will be followed by Zew survey numbers...
USD/JPY: Heavy Selling Since Brussels Airport Explosion USD/JPY has lost the 112.00 handle, currently printing fresh lows for the day near 111.75, with the initiated selling being triggered by an explosion at Brussels airport, with several people reported dead...
Technical Analysis of USD/CAD for March 22, 2016 General overview for 22/03/2016: The market had tested the weekly pivot at the level of 1.3098, but the price is still trading inside the bearish zone. The last leg of the corrective cycle in wave Z brown might have been completed at the level of 1...
Daily Analysis of Major Pairs for March 22, 2016 EUR/USD: The bullish outlook on this pair is still valid. The market could continue going upwards but there is a possibility that the bears might come in and push the price downwards. The EUR could be seen weakening versus some majors this week...
Gold Jumps 0.50% as Asian Equities Drop Gold is up 0.50% around $1250/Oz levels amid moderate losses in the European equities after though Fed officials talked up rate hike bets...
AUD/USD Regains 0.7600 and Beyond The buying interest around the Aussie dollar remains buoyant today, with AUD/USD retaking the key 0.7600 resistance and advancing to daily highs...