Roberto Jacobs / Profil

FXWIREPRO: AUD/CAD Rises from Lows of 0.9897, Finds Strong Resistance at 0.9950 AUD/CAD downside on Tuesday found support by the daily cloud, currently spanning 0.9778 to 0.9884. The pair took support by cloud top at 0.9893 and edged higher to currently trade around 0.9941 levels...

Technical Analysis of EUR/CAD for April 06, 2016 According to my yesterdays' analysis, EUR/CAD started moving higher after rejecting the S1 (1.4850)support and the 200 Moving Average. Pair broke above R1 (1.4960) once again confirming a bullish trend...

Technical Analysis of NZD/CAD for April 06, 2016 NZD/CAD is trading in a clear range where 2 key levels can be seen. The resistance is near 0.9090, and the support is near 0.8910. Overall, price broke above the 200 Moving average and currently is rejecting it...

BOJ Easing Speculation on the Rise - MUFG Derek Halpenny, European Head of GMR at MUFG, suggests that they are certainly not surprised with greater market talk of additional BOJ easing, perhaps as soon as the next meeting on 28th April...

ECB May Mind Stronger Euro Less As Global Economy Slows European Central Bank (ECB) chief Mario Draghi, first verbally started attacking Euro, back in 2014, when Euro was going strong, Euro Zone economy was weak and inflation was low, by suggesting despite Euro not being a direct policy tool but...

Weaker Dollar Commodity Producers Nightmare Weaker Dollar is and likely to increase commodities producing countries’ as well as their respective central banks’ headaches by shrinking their policy options...

EUR/USD Treading Water Around 1.1350, Fed Minutes Eyed The bears take a breather from their downward momentum, allowing the EUR/USD pair to consolidate the heavy losses, as market inch closer towards the FOMC minutes due later in the US session...

CBRT: Door Open for Further Easing? – Rabobank Strategist at Rabobank Piotr Matys sees the possibility that the CBRT could loose further its monetary conditions in the medium term horizon...

EUR/JPY Finds Support Near 125.00 The softer tone in the euro plus increasing demand for the Japanese currency is dragging EUR/JPY to the 125.20 area on Wednesday...

Global Macro Overview for 06/04/2016 (Crude Oil) The American Petroleum Institute reported yesterday a decrease in the US oil inventories by the level of -4300K. This number was way below the market expectations of 2900K, which would be another increase from 2600K a week ago...

FXWIREPRO: USD/INR Bounces Above 7DMA, But Finds Resistance at 21DMA - INR Hedging Ideas for Fx Risks Technical glimpse: The breakdown in USD/INR continues with a renewed trending bias. The break out above of the resistance 66...

US Oil Breaks Major Trendline Resistance, Jump Till $38.55/$39.30 Is Possible Major resistance - $36.40 (trend line joining $39.82 and $39.01) Major support - $36 (55 day EMA) US Oil has broken major resistance $36.40 and jumped till $37.05 at the time of writing...

German Bunds Slump on Firm Economic Data, Rising Oil Prices The German 10-year bond tumbled on Wednesday amid strong Markit retail sales PMI figure and better than expected industrial production data. The benchmark 10-year bonds yield, which is inversely proportional to bond price rose 6...

USD/CAD: Loonie Fails to Benefit From Oil Price Rebound The Canadian dollar continues to get hammered by its US counterpart for the fifth straight session, driving USD/CAD closer towards 1.32 barrier. USD/CAD trades well beyond 20-DMA at 1.3115 Currently, the USD/CAD pair gains 0.27% to 1...

Russian Bonds Rally on Strong Oil Prices The Russian 10-year bonds jumped on Wednesday, following strong cues emerging from crude oil prices, pushing the yield on 10-year bonds down 5 bps...

GBP/JPY Drops to Six-Week Low GBP/JPY pair clocked a six-week low of 155.50 on Brexit fears and BOJ’s hesitation to intervene despite Yen’s winning streak. Trades below 50% Fibo The cross remains below 156.36 (50% of 2011 low-2015 high...

Technical Analysis of USD/CAD for April 6, 2016 General overview for 04/04/2016: Another higher high has been made in this market as bulls are making their way towards the important technical resistance at the level of 1.3292...

Technical Analysis of EUR/JPY for April 6, 2016 General overview for 06/04/2016: The most appropriate way to count the current wave progression is a triple zig-zag correction as the wave 2...

USD/JPY Finds Support Near 110.25, Re-Takes 110.50 The USD/JPY pair continues to move back and forth in a 25-pips narrow range so far this Wednesday, as JPY bulls continue the fight for control heading towards the FOMC minutes release...

Technical Analysis of USDX for April 6, 2016 The Dollar index continued its sideways movement with no clear direction. The trend remains bearish. Dollar bears should better wait for a bounce before selling right away. Dollar bulls should be patient as the short-term trend remains bearish...