Roberto Jacobs / Profil

EUR/USD Trims Gains ahead of ZEW After hitting daily peaks near 1.1350, EUR/USD has now embarked in a correction lower towards the 1.1320 area. EUR/USD attention to ZEW, US data The pair could not sustain the earlier bull run to the mid-1...

Technical Analysis of USD/CAD for April 19, 2016 General overview for 19/04/2016: The wave (b) top seems to be in place as the new low in this pair was made. Nevertheless, there is still one more lower low anticipated in this market before any meaningful correction to the upside would take place...

Technical Analysis of USDX for April 19, 2016 The Dollar index finally shows the deeper pullback I was expecting towards the important short-term support of 94.20. The bullish reversal scenario is valid as long as the price remains above 93.60...

Elliott Wave Analysis of EUR/NZD for April 19 - 2016 Wave summary: EUR/NZD keeps moving lower and the break below support at 1.6229 tells us that the correction in wave [ii] is not over yet as expected...

Technical Analysis of USD/CHF for April 19, 2016 USD/CHF is expected to trade with a bearish bias. The pair is turning down and stays below its key resistance at 0.9685. The descending 20-period moving average has crossed below the 50-period one, which also maintains a negative bias...

Elliott Wave Analysis of EUR/JPY for April 19 - 2016 Wave summary: With yesterday's low at 121.69, we now have 11 overlapping waves lower from 141.06. A count of 11 overlapping waves is corrective and indicates a bottom could be close by or maybe even in place. The corrective decline began at 149...

Technical Analysis of NZD/USD for April 19, 2016 NZD/USD is expected to continue its upside movement. The pair remains on the upside, supported by its rising 20-period and 50-period moving averages. The sequence of higher highs and lows remains intact...

Technical Analysis of GBP/CHF for April 19, 2016 Technical outlook and chart setups: The GBP/CHF pair is seen to be trading at 1.3785/90 levels for now, looking to form a top and reverse lower, at least towards 1.3550/1.3600 levels before finding support...

Technical Analysis of GBP/JPY for April 19, 2016 GBPY/JPY is expected to trade in a higher range and the pair is expected to continue its upside movement. The pair is turning up and is supported by its rising 20-period moving average. Meanwhile, the relative strength index stays above 50...

Technical Analysis of EUR/JPY for April 19, 2016 Technical outlook and chart setups: The EUR/JPY pair is trading around 123.50 levels for now, preparing to rally towards 125.75 levels. Please note that fibonacci 0.618 resistance is also passing through 125...

Technical Analysis of Silver for April 19, 2016 Technical outlook and chart setups: Silver is seen to be trading at $16.20/25 levels for now, looking to drop lower towards $14.50/60 levels before turning bullish again...

Technical Analysis of Gold for April 19, 2016 Technical outlook and chart setups: Gold prices are seen to be trading at $1,233.00/34.00 levels for now, looking to rally towards $1,247.00 levels to complete the countertrend rally. Please note that the metal is expected to reverse lower from $1,247...

Technical Analysis of EUR/USD for April 19, 2016 When the European market opens, some economic news will be released such as ZEW Economic Sentiment, German ZEW Economic Sentiment, Current Account. The US will release economic data too such as Housing Starts and Building Permits...

Technical Analysis of USD/JPY for April 19, 2016 In Asia, today Japan will not release any economic data but the US will release some economic data such as Housing Starts and Building Permits. So there is a probability the USD/JPY will move with low to medium volatility during this day...

Daily Analysis of Major Pairs for April 19, 2016 EUR/USD: The markets opened this week with minor gaps in some cases, which indicate serious trending movements this week. The EUR/USD did not move significantly on Monday but it would soon start moving in a trending mode...

Daily Analysis of USDX for April 19, 2016 On the H1 chart, USDX is finding strong support around the 94.40 level, where a lower low pattern is being formed in order to reach new lows. A breakout should be expected below the 94.40 level in order to reach the short-term target around the 94...

Daily Analysis of GBP/USD for April 19, 2016 The week started with a bullish momentum on the GBP/USD, as it has been doing a rally above the 200 SMA and is now facing the resistance zone of 1.4278...

Markets Quickly Shrug Off Doha – Lloyds Bank Research Team at Lloyds Bank, notes that the RBA minutes overnight highlighted their continued accommodative stance until inflation picks up, but also acknowledged the positive signs in the economy...

US Economic News “Mostly Favourable” - ANZ Research Team at ANZ, notes that the Fed Vice Chair and New York president Dudley called US economic news “mostly favourable” and cited improvement in Europe’s growth outlook...