Roberto Jacobs / Blog
GBP/USD Drops Further, ‘Brexit’ Weighs The sterling keeps losing traction today, now relegating GBP/USD to the lower bound of the range in the 1.4450/40 band...
EUR/USD Advances Further Amid Negative Equities, 100-DMA Eyed Having bounced from 1.1120 region in early Europe, the EUR/USD pair is seen extending the upside amid persistent risk-off market profile and a broadly lower US dollar. EUR/USD takes-out 10-DMA at 1.1159 Currently, EUR/USD trades 0...
AUD/USD Retreats from Highs, Near 0.7250 The Aussie dollar is fading the initial bull run to the boundaries of the 0.7300 handle vs. the greenback, with AUD/USD currently testing the mid-0.7200s. AUD/USD gains appear capped around 0...
Elliott Wave Analysis of EUR/NZD for June 1, 2016 Wave summary: Once again this pair has failed miserably and broken well below important short-term support at 1.6424 invalidating the short-term bullish count...
Elliott Wave Analysis of EUR/JPY for June 1 - 2016 Wave summary: Despite an unexpected large decline yesterday, we will let the bullish view have the benefit, as long as the low at 121.46 is able to protect the downside...
Technical Analysis of EUR/JPY for June 01, 2016 Technical outlook and chart setups: The EUR/JPY pair is seen to be trading at 122.40 levels for now after pulling back from lows at 122.00 levels. The pair is still stuck in the trading range between 122.00 and 124.00/50 levels respectively...
Technical Analysis of GBP/CHF for June 01, 2016 Technical outlook and chart setups: The GBP/CHF pair is seen to be trading at at 1.4390 levels at this moment after reversing sharply from 1.4600 levels yesterday. Please note that the rally that begun from 1.3400 levels looks to be complete at 1...
EUR/USD Jumps to Highs Near 1.1160 The common currency met a wave of buying interest following a negative start of European equity markets today, lifting EUR/USD to the vicinity of 1.1160. EUR/USD supported near 1...
USD/JPY Intermarket: Selling Dubious vs Intrinsic Valuations With USD/JPY rally having thwarted just ahead of 111.50 on Tuesday, the pair has experienced an abrupt reversal ever since, selling-off initially towards the 111...