Roberto Jacobs / Blog
Gold Recovers from 5-DMA Support Gold found support at 5-DMA level of $1247.87, but remains weak on the day around $1252.45 levels amid minor recovery in the USD index and moderate gains in the US stocks. Is Gold unimpressed by dovish Fed...
USD/JPY Extends Gains Ahead of Fed Speak The US dollar stays on a front foot against Japanese Yen, pushing USD/JPY higher to 11.60 levels ahead of speeches from Fed’s Rosengren and Dudley...
EUR/USD Attempts a Tepid Bounce to 1.1300 The single currency is trimming earlier losses vs. the dollar, now pushing EUR/USD back to the area of 1.1290/1.1300 ahead of US data...
GBP/USD Attempting Break Above 1.45 GBP/USD turned positive and is now attempting to break above 1.45 handle after BOE’s quarterly bulletin informed markets about UK economy’s resilience to China slowdown...
EUR/NZD Analysis for March 18th, 2016 Overview: Recently, EUR/NZD has been moving downwards. The price tested the level of 1.6590. In the H4 time frame, I found support level at the price of 1.6500, which is successfully held...
Gold Analysis for March 18, 2016 View : Since our last analysis, gold has been trading downwards. The price tested the level of $1,253.45. Strong resistance level is set at the price of $1,282.80...
USD/CAD Intraday Technical Levels and Trading Recommendations for March 18, 2016 A bullish breakout above the previous consolidation zone between 1.2400 and 1.2800 was performed on July 15 (shown on the weekly chart). A significant bearish rejection was observed around 1.3450...
Intraday Technical Levels and Trading Recommendations for GBP/USD for March 18, 2016 On January 21, after the GBP/USD pair moved below 1.4220, evident signs of bullish recovery were expressed around 1.4075. Hence, previous weekly candlesticks closed above 1.4220 and 1.4360 again...
Intraday Technical Levels and Trading Recommendations for EUR/USD for March 18, 2016 In January 2015, the EUR/USD pair moved below the major demand levels near 1.2100 and 1.2000 where historical bottoms had been previously set in July 2012 and June 2010...