Roberto Jacobs / Blog
USDCHF Daily Forecast: March 11 2016 USDCHF Forecast The USDCHF attempted to push higher yesterday topped at 1.0092 but whipsawed to the downside and closed lower at 0.9849 in a high volatile market during ECB press conference...
Technical Analysis of USD/CHF for March 10, 2016 USD/CHF is expected to trade in a bullish bias above 0.9940. The pair stands firmly above its nearest support at 0.9940, and is likely to post a new rebound in the coming trading hours. The relative strength index is mixed to bullish...
Technical Analysis of NZD/USD for March 10, 2016 NZD/USD is expected to trade in a lower range. The pair yesterday broke below its intraday trading range pattern, which should confirm a bearish outlook. The 20-period simple moving average is also turning down, and crossed below the 50-period one...
Technical Analysis of GBP/JPY for March 10, 2016 GBP/JPY is set to a further advance. The pair validated an intraday "V"-bottom pattern, and is now heading upward. The 20-period moving average turned up, and also crossed above the 50-period one, which should be a strong positive signal...
Technical Analysis of EUR/JPY for March 10, 2016 Technical outlook and chart setups: The EUR/JPY pair is trading higher at 128.80/90 levels for now, looking to extend rally towards 128.00 levels at least. The structure indicates that the pair might have completed 5 waves drop from 141...
Technical Analysis of GBP/CHF for March 10, 2016 Technical outlook and chart setups: The GBP/CHF pair is pushing higher towards 1.4300 levels it seems. The pair is out of the ending diagonal as depicted here and could be setting up for a deeper corrective rally towards 1.4850/1...
Elliott Wave Analysis of EUR/NZD for March 10, 2016 Wave summary: An unexpected rate cut from RBNZ acted as a catalyst for the expected acceleration through the resistance line near 1.6341. It indicates that wave [ii] ended at 1.6085 and wave [iii] towards 1.8551 now is developing...
Elliott Wave Analysis of EUR/JPY for March 10, 2016 Wave summary: Resistance at 125.23 needs to protect the upside for a break below 124.22 and more importantly below support at 123.01 to confirm the expected decline to 119.90 and possibly even lower to 117.35. If, however resistance at 125...
Daily Analysis of GBP/USD for March 10, 2016 On H1 chart, GBP/USD is currently being supported by the 1.4183 zone, as the bullish bias stays intact. The 200 SMA in this time frame is slightly neutral, as we're still considering the resistance level of 1.4267 as a possible level to be broken...