Roberto Jacobs / Profil

GBP/USD Erases Early Gains, Drops Back to 1.4400 Mark The GBP/USD pair early morning gains ran into selling pressure, dragging the pair back towards 1.4400 handle to currently trade near 1.4410 level...

EUR/USD Faces Support Around 1.1140 – Commerzbank Axel Rudolph, Senior Technical Analyst at Commerzbank, noted the relevant support levels for the pair. Key Quotes “Last week EUR/USD failed at 1.1400 as expected and this week reached the previous April low at 1.1234 and nearly the 55 day ma at 1...

EUR/USD Downside Appears Limited – UOB In view of analysts at UOB Group, the downside momentum in EUR/USD could slower its pace in the short-term. Key Quotes “While the break below 1...

FxWirePro: GBP/JPY Faces Strong Support at 160, Good to Buy at Dips Major resistance -162.60 Major support – 158 (21 day 4HMA) The pair has opened higher today morning around 161.74 and started to decline from that level. It is currently trading around 160.60...

FxWirePro: Turkish Lira Continues to Fall Against US Dollar, Intraday Bias Remains Bullish USD/TRY is currently trading at 2.8463 levels. It made intraday high at 2.8520 and low at 2.8421 levels. Intraday bias remains bullish for the moment. A daily close below 2...

Technical analysis of USDX for April 25, 2016 The Dollar index made a breakout on Friday to new short-term highs but still holds below the 95.20 important resistance. This resistance was once tested and prices got rejected. I believe we can see another attempt to break above it this week...

Technical Analysis of Gold for April 25, 2016 Gold remains trapped inside the trading range of $1,270-$1,220. Gold bulls have tried to push higher for a breakout but were not strong enough...

Technical Analysis of EUR/JPY for April 25, 2016 General overview for 25/04/2016: The Elliott wave count has been little modified to incorporate the recent price action. Currently, the corrective cycle in wave 2 is expected, and the retracement can reach the projected level of 123...

Technical Analysis of USD/CAD for April 25, 2016 General overview for 25/04/2016: The market trades in the bearish zone, below the weekly pivot at the level of 1.2721 and below the intraday resistance at the level of 1.2749...

Technical Analysis of USD/CHF for April 25, 2016 USD/CHF is expected to trade with a bullish bias and looking forward for a target at 0.9800. The pair resumed its bullish trend and is now heading upward, supported by its rising 20-period moving average...

Technical Analysis of GBP/JPY for April 25, 2016 GBP/JPY is expected to trade with a bullish bias above 159.45. The pair remains bullish above its nearest support at 159.45. The sequence of higher highs and lows remains intact, which should confirm a positive outlook...

Technical Analysis of NZD/USD for April 25, 2016 NZD/USD is expected to trade with a bearish bias as the pair is capped by a negative trend line. The pair stays below its key resistance at 0.6820 and is also capped by a negative trend line...

Longs are Building in AUD, CAD, NZD and JPY - SocGen Kit Juckes, Research Analyst at Societe Generale, notes that the CFTC data paint a now-familiar picture of speculative FX positioning: Longs are building in AUD, CAD, NZD and JPY...

Oil: Spec Market is Long Crude – Westpac Robert Rennie, Research Analyst at Westpac, notes that the West Texas front month crude oil traded above $44/bbl last week for the first time since Nov 2015...

Fed’s in a Pickle - SocGen Kit Juckes, Research Analyst at Societe Generale, suggests that the odds of this week’s US FOMC meeting delivering a rate hike are zero, according to Bloomberg. Key Quotes “The chances of a cut are higher, but only 2...

BoJ Preview: Clouds Gathering - ING James Smith, Economist at ING, suggests that given recent JPY strength, we expect the BoJ to expand stimulus this week, via increased risk asset purchases and a move to negative rates on the Loan Support Programme...

Asia's Anesthesia Could Wear Off – Deutsche Bank Mallika Sachdeva, Strategist at Deutsche Bank, suggests that three forces – beyond positioning and seasonality – have been at play in the latest Asian FX rebound but the numbing relief from each could wear off...

EUR/GBP Steady Above 0.7800 Mark Ahead of German IFO Business Climate Recovering from its Monday morning gap down opening of 0.7752 monthly low level, the EUR/GBP pair recovery swiftly and is currently holding just above 0.7800 mark...

Elliott Wave Analysis of EUR/NZD for April 25 - 2016 Wave summary: The rally of the 1.6063 low is doing okay. We are not yet at a stage where we can say with a high degree of certainty that a long-term bottom is in place. We do expect this, but still need a break above important resistance at 1...