All Blogs

To add a new post, please log in or register
Russian Bonds Mixed on World Bank Report, Firm Oil Prices The Russian bonds traded mixed on Thursday after World Bank cuts Russia growth forecasts and sees 1.9% GDP fall in 2016...
Market News
  • 46
  • 1
Roberto Jacobs, 7 April 2016, 12:00
Global Macro Overview for 07/04/2016 (USD/JPY) Bank of Japan Governor Haruhiko Kuroda reiterated the central bank's readiness to take additional monetary easing steps if needed to reach its 2% inflation goal...
Analytics & Forecasts
  • 51
  • 1
Roberto Jacobs, 7 April 2016, 11:57
Global Macro Overview for 07/04/2016 (EUR/USD) The Fed Meeting Minutes signaled that according to the policy makers, the April rate hike is unlikely. This confirmed the market growing anticipation and that the US central bank will act cautiously until the global economy regains steam...
Analytics & Forecasts
  • 32
  • 1
Roberto Jacobs, 7 April 2016, 11:55
Last week’s speech by Chair Yellen laid out a clear narrative for the Fed’s dovish shift...
Analytics & Forecasts
  • 34
Vasilii Apostolidi, 7 April 2016, 11:51 #forex
USD/CHF Surrenders Gains, Near 0.9550 Sudden buying interest in the greenback has lifted USD/CHF to test highs in the vicinity of 0.9580, albeit losing vigour soon afterwards...
Analytics & Forecasts
  • 25
  • 1
Roberto Jacobs, 7 April 2016, 11:48 #usdchf
Analytical Review of the Currency Pair USD/CAD Technical data of the currency pair: Previous closing: 1.3092; Daily range: 1.3024-1.3100; Opening: 1.3092; 52- week range: 1.1916-1.4692; Annual revenue: +4.55%; Change in % for the previous day: -0.45...
Analytics & Forecasts
  • 32
  • 1
Roberto Jacobs, 7 April 2016, 11:44
USD/JPY Now Approaching 108.00 Handle JPY’s rally continues without break, with USD/JPY pair now eyeing 108.00 levels. The sell-off is weighing over majors via weakness in JPY crosses...
Analytics & Forecasts
  • 30
  • 1
Roberto Jacobs, 7 April 2016, 11:42
FXWIREPRO: Gold's Diagonal Credit Call Spreads in Sync With Hedging Objectives This is what was advised exactly a week ago, 1 leg of strategy has derived as desired. Please refer below link for further readings: http://www.econotimes...
Analytics & Forecasts
  • 75
  • 1
Roberto Jacobs, 7 April 2016, 11:36
Technical Analysis of EUR/JPY for April 7, 2016 General overview for 07/04/2016: Today, we will take a look at the longer time frame Elliott wave count to determine the context of the current situation and possible target levels for swing traders...
Technical Analysis of USD/CAD for April 7, 2016 General overview for 07/04/2016: The main long-term and the main short-term counts has been updated due to another possible wave progression on the higher time frames. In the monthly time frame we can see the market sell-off from the 1...
FXWIREPRO: Gold Slides "now in Sloping Channel, Then Rising Wedge" - Likely to Drifts Between 1200-1250 With Selling Momentum Technical Inference: Now sloping channel, then rising wedge: Broken below rising wedge base on daily chart at around 1240 levels, as a result, bearish swings now slipping...
Analytics & Forecasts
  • 41
  • 1
Roberto Jacobs, 7 April 2016, 11:24
EUR/USD: Neutral: Likely in a broad 1.1330/1.1495 range. There is not much to add as EUR tested the 1.1330 support before rebounding quickly. The undertone is positive but momentum is patchy at best and it is unclear at this stage whether EUR strength could surmount the major 1.1495 resistance (1...
European Stocks Rise for Second Day Stock markets across Europe rose for the second day on the back of rally in energy shares and drug makers. At the time of writing, Stoxx 50 index was up 0.10%. Germany’s DAX and France’s CAC were up 0.20% and 0.36% respectively. UK’s mining heavy FTSE was up 0...
Market News
  • 18
  • 1
Roberto Jacobs, 7 April 2016, 11:20
EUR/GBP Better Bid on Weaker GBP, Re-takes 0.8100 The cross in the EUR/GBP witnessed a volatile European session so far, as the staunch remarks from ECB Chief Draghi did little to help the shared currency against sterling. EUR/GBP retreats from 1-1/2 year tops Currently, the EUR/GBP pair trades 0...
Analytics & Forecasts
  • 21
  • 1
Roberto Jacobs, 7 April 2016, 11:17
USD Could Slip Towards 93.00/92.50 – Westpac Richard Franulovich, Strategist at Westpac, sees the decline in the dollar could extend to the 92.50/93.00 area...
Currency
  • 73
  • 1
Roberto Jacobs, 7 April 2016, 11:13
USD/JPY Focus is Now on 106.63 – Commerzbank Karen Jones, Head of FICC Technical Analysis at Commerzbank, has noted the relevance of the 106.63 level in light of the ongoing weakness in the pair...
Analytics & Forecasts
  • 31
  • 1
Roberto Jacobs, 7 April 2016, 10:45
Gold Strengthens From 5-DMA Support Gold found support at 5-DMA level of $1224.57 and strengthened to a high of $1231.72 levels amid volatility in the FX markets and rise in European equities...
Analytics & Forecasts
  • 23
  • 1
Roberto Jacobs, 7 April 2016, 10:41 #gold
GBP/USD Vulnerable, Still Neutral – UOB In view of the research team at UOB Group, the pair’s outlook remains neutral in the near term, although downside risks have been increasing. Key Quotes “The break below the major 1.4050 support was short-lived as GBP rebounded strongly from a low of 1.4006...
Analytics & Forecasts
  • 25
  • 1
Roberto Jacobs, 7 April 2016, 10:40
Technical Analysis of USD/CHF for April 07, 2016 USD/CHF is expected to trade in a lower range and continue its downside movement. Technically, the pair remains weak below its falling 50-period moving average. The nearest resistance at 0.9595 maintains the strong selling pressure on the prices...
Technical Analysis of NZD/USD for April 07, 2016 NZD/USD is expected to trade in a higher range. The pair remains on the upside after overnight's rebound from a low of 0.6800. The bullish bias is maintained by the ascending 20-period moving average...