Roberto Jacobs / Blog
Dollar Index Technical Analysis for March 17, 2016 The Dollar index made a new low yesterday breaking the triangle pattern downwards after the FOMC meeting. Trend remains bearish as we approach the important support area of 95...
Technical Analysis of USD/CHF for March 17, 2016 USD/CHF is expected to extend its downside movement. After yesterday's sharp decline, the pair is now in a downtrend, capped by its falling 20-period and 50-period moving averages...
Technical Analysis of NZD/USD for March 17, 2016 NZD/USD is expected to trade in a higher range. The pair jumped above its previous resistance at 0.6705, which now acts as support. The upside potential has been opened towards 0.6805...
Technical Analysis of GBP/JPY for March 17, 2016 The GBP/JPY is expected to trade with a bearish bias. After yesterday's sharp decline, the pair has clearly reversed down, and is likely to post a new drop towards 158.70. The relative strength index is badly directed...
Technical Analysis of CHF/JPY for March 17, 2016 CHF/JPY seems to establish a bearish trend after breaking below the ascending Fibonacci channel and then breaking below the 161.8% retracement line. The first corrective wave after the 161...
Technical Analysis of EUR/USD for March 17, 2016 When the European market opens, some economic news will be released such as the Spanish 10-y Bond Auction, Trade Balance, Final Core CPI y/y, Final CPI y/y, Italian Trade Balance...
Technical Analysis of USD/JPY for March 17, 2016 In Asia, Japan will release the Trade Balance, and the US will release some economic data such as Natural Gas Storage, the CB Leading Index m/m, JOLTS Job Openings, Unemployment Claims, the Philly Fed Manufacturing Index...
Technical Analysis of Silver for March 17, 2016 Technical outlook and chart setups: Silver pulled back towards $15.60/65 levels yesterday before reversing lower. The metal has held resistance at $15.80/90 levels as expected and should be looking to drop lower into $14...
Gold Technical Analysis for March 17, 2016 Gold price bounced strongly upwards to our target of $1,245-50 and then, broke even higher after the FOMC meeting last night. Price has reached the 61.8% Fibonacci retracement of a decline from the recent high at $1,283...