Roberto Jacobs / Blog
EUR/USD Buoyant Above 1.12 Ahead of ECB The common currency remains on a firm note in the second half of the week, sending EUR/USD back above the 1.1200 handle...
Oil Holds $49.00 Handle, Focus on OPEC Meeting WTI crude oil prices extended its rebound from Wednesday’s low of $47.73 and are currently holding its neck above $49.00 on hopes that OPEC members might revisit their discussion on production ceiling at Thursday's meeting in Vienna...
Technical Analysis of Silver for June 02, 2016 Technical outlook and chart setups: Silver is seen to be trading at $15.97 levels for now after bouncing off $15.81 levels yesterday. The metal now seems to have formed an intermediary low at $15.81 levels and is looking to rally from here...
Technical Analysis of Gold for June 02, 2016 Technical outlook and chart setups: Gold is seen to be trading at $1,214.00/15.00 levels at this moment. It may be looking to print one last low around $1,197.00 levels before turning bullish...
Technical Analysis of GBP/CHF for June 02, 2016 Technical outlook and chart setups: The GBP/CHF pair is seen to be trading at 1.4250/55 levels after bouncing off 1.4175 lows during early hours today. The pair seems to have formed an interim support at 1...
Technical Analysis of EUR/JPY for June 02, 2016 Technical outlook and chart setups: The EUR/JPY pair is seen to be trading at 122.20 levels after pulling back from 121.90 levels earlier. The wave structure indicates that the pair might be unfolding as an expanding triangle from 124.50 through 121...
Plenty of Distraction Ahead of ECB, ADP The primary focus is on Fed policy and whether or not the central bank will actually move this summer. But into Thursday, there are also some currency specific storylines captivating market participants' attention...
Daily Analysis of USDX for June 02, 2016 USDX is showing weakness on a short-term basis, as it's currently testing the 200 SMA price zone on the H1 chart. However, the next strong support can be found around the 95.22 level, which acted as a barrier for sellers during the May 23th session...
Daily Analysis of GBP/USD for June 02, 2016 GBP/USD had a very weak session yesterday after posting new lows. Currently it's testing the support level of 1.4408. A rebound can be expected to re-test the resistance zone of 1...