Roberto Jacobs / Blog
AUD/USD Bulls Hunting Down R1 for 0.77 Handle AUD/USD is currently making an addition run towards the 0.77 handle now in Asia as the greenback takes another beating. AUD/USD's price takes the RSI (14) 1hr to 67 and heads to R1 0.7717. The Yuan fix was at 6.4628 vs 6...
EURUSD Daily Forecast: March 18 2016 EURUSD Forecast The EURUSD continued its bullish momentum yesterday topped at 1.1342. The bias remains bullish in nearest term. As you can see on my H1 chart below price is now struggling around the trend line resistance suggest a critical technical point...
GBPUSD Daily Forecast: March 18 2016 GBPUSD Forecast The GBPUSD had a strong bullish momentum yesterday topped at 1.4503. The bias remains bullish in nearest term testing 1.4580 area. Immediate support is seen around 1.4400...
USDCHF Daily Forecast: March 18 2016 USDCHF Forecast The USDCHF continued its bearish momentum yesterday bottomed at 0.9650. The bias remains bearish in nearest term testing 0.9600 – 0.9570 region. Immediate resistance is seen around 0.9730...
GBP/JPY: Bullish Move Stalled Around Hourly 200-MA The bullish momentum in the GBP/JPY cross appears to have run out of steam around hourly 200-MA located at 161.27 levels as Cable is struggling to break above 1.45 handle. Bid above 23.6% Fibo The pair ran into bids after it recovered above 159...
USD/CHF Falls to 2016 Lows Near 0.9650 The increasing selling pressure hitting the greenback has dragged USD/CHF to post fresh YTD lows in the mid-0.9600s so far...
EUR/GBP Hit Fresh Session Low, Nears 5-DMA The EUR/GBP cross hit a fresh session low of 0.7813 in the US session as Cable extended gains to 1.45 in an impulsive move, while the EUR/USD pair lagged. Offered above 0.79 The cross turned lower from the high of 0...
GBP/USD Struggles to Surpass 1.4500 The upside momentum around the sterling remains unabated today, although GBP/USD still can’t break above 1.4500 on a sustainable basis. GBP/USD bolstered by USD weakness Spot has advanced to fresh 4-week highs just above the 1...
US Dollar challenges lows near 94.70 The greenback, tracked by the US Dollar Index, remains under pressure today, currently testing the lower end of the range near 94.70...