Roberto Jacobs / Profil

FOMC: Surprise Came in the Downward Adjustment of the Dot Plot - Rabobank Bas van Geffen, Quantitative Analyst at Rabobank, notes as widely expected the FOMC decided to leave rates on hold. Key Quotes “The surprise came in the magnitude of the downward adjustment of the dot plot...

GBP/USD Advances Above 1.4400 on BoE The buying interest remains solid around the British pound, with GBP/USD now flirting with session highs beyond 1.4400 the figure...

Dollar Index Technical Analysis for March 17, 2016 The Dollar index made a new low yesterday breaking the triangle pattern downwards after the FOMC meeting. Trend remains bearish as we approach the important support area of 95...

Technical Analysis of USD/CHF for March 17, 2016 USD/CHF is expected to extend its downside movement. After yesterday's sharp decline, the pair is now in a downtrend, capped by its falling 20-period and 50-period moving averages...

Technical Analysis of NZD/USD for March 17, 2016 NZD/USD is expected to trade in a higher range. The pair jumped above its previous resistance at 0.6705, which now acts as support. The upside potential has been opened towards 0.6805...

Technical Analysis of GBP/JPY for March 17, 2016 The GBP/JPY is expected to trade with a bearish bias. After yesterday's sharp decline, the pair has clearly reversed down, and is likely to post a new drop towards 158.70. The relative strength index is badly directed...

Technical Analysis of CHF/JPY for March 17, 2016 CHF/JPY seems to establish a bearish trend after breaking below the ascending Fibonacci channel and then breaking below the 161.8% retracement line. The first corrective wave after the 161...

Technical Analysis of EUR/USD for March 17, 2016 When the European market opens, some economic news will be released such as the Spanish 10-y Bond Auction, Trade Balance, Final Core CPI y/y, Final CPI y/y, Italian Trade Balance...

Technical Analysis of USD/JPY for March 17, 2016 In Asia, Japan will release the Trade Balance, and the US will release some economic data such as Natural Gas Storage, the CB Leading Index m/m, JOLTS Job Openings, Unemployment Claims, the Philly Fed Manufacturing Index...

Technical Analysis of Silver for March 17, 2016 Technical outlook and chart setups: Silver pulled back towards $15.60/65 levels yesterday before reversing lower. The metal has held resistance at $15.80/90 levels as expected and should be looking to drop lower into $14...

Gold Technical Analysis for March 17, 2016 Gold price bounced strongly upwards to our target of $1,245-50 and then, broke even higher after the FOMC meeting last night. Price has reached the 61.8% Fibonacci retracement of a decline from the recent high at $1,283...

Technical Analysis of EUR/JPY for March 17, 2016 Technical outlook and chart setups: The EUR/JPY pair has pulled back towards 126.50 levels for now, after printing interim lows ahead of 125.00 levels earlier...

Technical Analysis of GBP/CHF for March 17, 2016 Technical outlook and chart setups: The GBP/CHF pair is seen to be trading higher at 1.3950/60 levels at this moment. The pair has formed a base around 1.3880 levels, it seems, and it is looking to continue rallying above 1.4300 levels from here...

Daily Analysis of Major Pairs for March 17, 2016 EUR/USD: The EUR/USD pair broke upwards on Wednesday, ending the short-term consolidation phase in the market. The price is now above the support line at 1.1200, going towards other resistance lines at 1.1250 and 1.1300...

Daily Analysis of USDX for March 17, 2016 On the H1 chart, USDX is forming a lower low pattern below the resistance level of 96.03, in an effort to do a bearish continuation towards new lows...

Daily Analysis of GBP/USD for March 17, 2016 GBP/USD had a bullish momentum above the 1.4000 psychological zone and a consolidation above the 200 SMA at the H1 chart is ongoing...

Fed: Pulls Back to Two Hikes as Dollar Drops - BBH Research Team at BBH, notes that the Federal Reserve halved the number of rate hikes it anticipates this year from four to two. Key Quotes “The market has been moving toward this as well after having thought they would be no hikes this year...

EUR/USD: Bullish Developments, Holds Firm at 1-Month High EUR/USD is consolidating gains around the 1.1220 vicinity, having jumped more than 1.5 cents from 1.1050/60 ahead of the FOMC decision, to print a 1-month high at 1...

Asian Markets Rally After FOMC, Gold Back Above $1250 All the Asian markets are trading on a higher note on Thursday after FOMC kept interest rate unchanged at 0.5% but cuts GDP forecast. Central bank cuts its estimate of GDP growth in 2016 to 2.2% from 2.4...

Us Oil Breaks Major Resistance Around $39, Targets $40.85 Major resistance -$39 Minor support - $38 US Oil has broken major resistance $39 and jumped till $39.35. It is currently trading around $39.11.Short term trend is bullish as long as support $36 holds...