Roberto Jacobs / Profil

Technical Analysis of Silver for April 14, 2016 Technical outlook and chart setups: Silver is still seen to be holding well above $16.00 levels and might be looking to push through $16.40 levels before producing a meaningful retracement. The metal rallied past $16...

Technical Analysis of Gold for April 14, 2016 Technical outlook and chart setups: Gold formed a bearish evening star candlestick pattern on the daily chart yesterday and continues to print lower lows today. The metal is trading at $1,232.00/33.00 levels at the moment and is expected to hit $1,140...

China: Growing Foreign Investment with Changed Targets - NAB Gerard Burg, Senior Economist at NAB, notes that the pattern of foreign investment is changing, with China targeting different countries and sectors than in the initial wave that commenced in the mid-2000s...

Elliott Wave Analysis of EUR/NZD for April 14 - 2016 Wave summary: Important support at 1.6229 has protected the downside nicely and the strong rally from the 1.6242 low does indicate that a firm low is in place. That also keeps our long-term count intact calling for a rally to 1...

Elliott Wave Analysis of EUR/JPY for April 14 - 2016 Wave summary: No change in view here. We continue to look for a downside thrust out of the triangle for a decline towards 120.98 to end red wave iii and set the stage for a correction rally in red wave iv to the 123.55 - 123...

FxWirePro: AUD/CAD Breaks Strong Resistance at 0.9825, Good to Buy Dips AUD/CAD has broken strong trendline resistance at 0.9825, momentum is bullish. Better-than-expected Australian employment figures support upside in the Aussie...

SEK Stronger Ahead of Riksbank – Danske Bank Jens Sorensen, Chief Analyst at Danske Bank, sees the SEK picking up pace in light of the Riksbank meeting next week. Key Quotes “Yesterday EUR/SEK tested lower levels ahead of the low from 30 December and support level at 9.1220”...

Doha Output Freeze Deal at Coin-Flip Levels – Bloomberg Survey According to the latest Bloomberg survey, oil markets see a 50-50 chance that Russia, Saudi Arabia and other major producers will agree to freeze output in Doha on April 17...

US CPI: Headline Likely Higher Propelled by Gasoline Prices - TDS Research Team at TDS, suggests that higher gasoline prices are expected to push US March headline CPI up by a fairly firm 0.2% m/m (up 0.175% m/m at 3 decimal places...

EUR/USD Downside Limited Near 1.1140? – UOB The research team at UOB Group expects the pair to drop further albeit the pullback could be limited around 1.1140. Key Quotes “We have held a neutral EUR view for close to 4 weeks and the break below the key 1...

FxWirePro: EUR/JPY Whipsaws on Strong Support at 123.082 But Prices Still Remain Below DMA's - No Traces of buying Yet Prices whipsaws on support 123.082 that falls below DMA, Oscillators signals no buying but bearish biased, downtrend moving in sloping channel so far...

EUR/USD Door Open for a Visit to 1.1144 – Commerzbank Karen Jones, Head of FICC Technical Analysis at Commerzbank, believes the pair could slip towards 1.1144. Key Quotes “EUR/USD charted a minor new high of 1.1465 which was not confirmed by the daily RSI earlier this week”...

USD/CHF Side-Lined Below 0.9700, Awaits Fresh Impetus The US dollar extends its side-trend versus its Swiss counterpart in the early European trades, keeping USD/CHF in the upper band of 0.96 handle. USD/CHF confined in a tight range Currently, the USD/CHF pair trades modestly flat at 0...

Technical Analysis of EUR/USD for April 14, 2016 When the European market opens, some economic news will be released such as the Final Core CPI y/y and Final CPI y/y...

EUR/JPY Deflates from Highs, Returns to 123.20 The renewed weakness around the single currency remains the exclusive drag for EUR/JPY for the time being, now coming down from overnight tops near 123.40...

USD/JPY: Bull Run Off 107.50 Backed Up by Jump in Open Interest Preliminary data from the CME Group shows that futures traders have been adding new long-sided business in the 6J contracts (USD/JPY) during this week, suggesting that the current rebound off 107...

Technical Analysis of USD/JPY for April 14, 2016 In Asia, Japan will release the 30-y Bond Auction and the US will release some economic data such as the 30-y Bond Auction, Natural Gas Storage, Unemployment Claims, Core CPI m/m, CPI m/m...

BoC: On Hold, Raises Forecast with Cautious Tone - Nomura Charles St-Arnaud, Research Analyst at Nomura, notes that as widely expected, the Bank of Canada (BoC) kept its policy rate unchanged at 0...

FxWirePro: Buy Gold Above $1234 With Stop Loss at $1227 and Target $1247 XAU/USD is currently trading around $1234 mark. It made intraday high at $1242 and low at $1228 levels. Intraday bias remains bullish till the time pair holds key support at $1228 marks...

FxWirePro: NZD/CAD Faces Strong Resistance Around 0.8905 , Good to Sell on Rallies Major support- 0.8750 The pair has broken minor support 0.8800 and declined till 0.87929. It is currently trading around 0.87929. The Bank of Canada (BOC) as expected kept its interest rates unchanged at 0...