Download MetaTrader 5
To add a new post, please log in or register
US Dollar Keeps Gains Near 95.70 The greenback, tracked by the US Dollar Index, has lost its earlier upside momentum and has returned to the 95.70 area. US Dollar capped around 96.00 After a brief test of fresh multi-week tops in the vicinity of the 96...
Analytics & Forecasts
  • 26
  • 2
Roberto Jacobs, 30 May 2016, 15:41
EUR/USD Watch for Counter Trend Confluence The EUR/USD is patiently waiting for major economic data coming in this week. We have some real high impact info this week and we could see riskoff sentiment possibly coming back. We need to watch out for upcoming releases: 1...
Analytics & Forecasts
  • 29
  • 2
Roberto Jacobs, 30 May 2016, 15:38
EUR/USD: Dollar Eases Modestly in Thin Trading EUR/USD Current Price: 1.1138 The American dollar gave back the ground gained at the beginning of the day, and the EUR/USD pair recovered from a fresh 2-month low of 1.1097, helped by positive data coming from Europe...
Analytics & Forecasts
  • 33
  • 2
Roberto Jacobs, 30 May 2016, 15:34
EUR Perspective Remains Poor – BBH Analysts at BBH have assessed the recent performance of the single currency. Key Quotes “Since the break of $1.12, we have been looking for $1.1070...
Analytics & Forecasts
  • 25
  • 2
Roberto Jacobs, 30 May 2016, 15:26
AUD/USD Bearish Below 0.7145/50 – UOB According to the research team at UOB Group, further pullbacks lie ahead for the Aussie dollar on a close below the 0.7145/50 band. Key Quotes “The 'rebound target' indicated at 0.7260 last Friday was not met as AUD dropped quickly after hitting a high of 0...
Analytics & Forecasts
  • 28
  • 2
Roberto Jacobs, 30 May 2016, 15:24
Oil Steady Around $49.30, Focus on This Week’s OPEC Meeting WTI crude oil futures managed to recover from session low of $49.05 to currently trade near $49.30 amid dull trading session on the first trading day of a fresh trading week that is full of market moving events...
Analytics & Forecasts
  • 33
  • 2
Roberto Jacobs, 30 May 2016, 15:21
FxWirePro: CHF/JPY Faces Strong Resistance at 112.35, Good to Sell on Rallies Major Resistance- 112.35 (trend line joining 117.41 and 115.01) The pair has made a high of 112.12 and slightly declined from that level. It is currently trading around 111.91...
Analytics & Forecasts
  • 24
  • 2
Roberto Jacobs, 30 May 2016, 15:18
FxWirePro: Deploy GBP/USD Option Strips Bidding 1M Rr - a Run Through of Various Scenarios of Strikes For demonstration we consider the GBPUSD ATM instruments while formulating option strips strategy...
Analytics & Forecasts
  • 36
  • 2
Roberto Jacobs, 30 May 2016, 15:15
GBP/JPY Trade Idea Major resistance- 162.80 (100 EMA) Major support -159.93 (10 day EMA) GBP/JPY has broken major resistance 162.80 and slightly retreated from that level. It is currently trading around 162.27. The pair is facing major resistance around 162...
Analytics & Forecasts
  • 37
  • 2
Roberto Jacobs, 30 May 2016, 15:11
Gold Under Biggest and Longest Daily Decline in More Than Three Decades Gold has been declining and declining hard. The yellow metal, which had one of its best starts to a year in 2016, has declined for 9 consecutive days, including today. In past nine sessions, it has declined 5...
Analytics & Forecasts
  • 29
  • 2
Roberto Jacobs, 30 May 2016, 15:05 #gold
The Forex Week Ahead: May 29th – 2nd June Mon: EUR – German CPI, JPY – Unemployment Rate Tue: EUR – German Unemployment rate, EuroZone CPI, USD – PCE, Consumer Confidence, CAD – GDP Wed: CNY – Manufacturing & Non-Manufacturing PMIs, AUD – GDP, CHF – GDP, EUR – EuroZone Manufacturing PMI, GBP...
Analytics & Forecasts
  • 19
  • 2
Roberto Jacobs, 30 May 2016, 15:02
EUR/USD: Levels, Ranges, Targets Not only is a supposed June hike possible but the June raise timing if it materializes coincides to July 1 changes at the ECB. Current Fed/Eonia spreads run 0.72 bps while a possible Fed hike would raise spreads to 0.85 bps...
Analytics & Forecasts
  • 32
  • 2
Roberto Jacobs, 30 May 2016, 15:00
GBP/USD Rallies to Session Peak Level of 1.4637 Extending its recovery from session low of 1.4588, the GBP/USD pair gained further traction and has now moved to a fresh session high level of 1.4637...
Analytics & Forecasts
  • 20
  • 2
Roberto Jacobs, 30 May 2016, 14:42
EUR/USD Keeps Highs on German CPI The upside momentum in the shared currency remains well and sound today, with EUR/USD now gyrating around 1.1140...
Analytics & Forecasts
  • 24
  • 2
Roberto Jacobs, 30 May 2016, 14:37
OPEC Meeting is Expected to Retain the Status Quo - TDS Research Team at TDS, suggests that the June 2nd OPEC meeting is expected to retain the status quo as the current policies have been successful in lifting prices and rebalancing physical markets...
Crude Oil
  • 36
  • 2
Roberto Jacobs, 30 May 2016, 14:35 #OPEC
Sterling Rallies as “Brexit” Fears Wane – Westpac Research Team at Westpac, suggests that the British pound was easily the weakest G10 currency in Q1 as UK PM Cameron confirmed 23 June as the date for the UK to vote on whether to stay in the European Union...
Analytics & Forecasts
  • 32
  • 2
Roberto Jacobs, 30 May 2016, 14:33
AUD/JPY Jumps to 79.85, Inching Closer to 80.00 Psychological Mark The AUD/JPY cross extended its strong bid tone from Asian session and has now rise to day's peak level of 79.85 amid light trading session on Monday...
Analytics & Forecasts
  • 31
  • 2
Roberto Jacobs, 30 May 2016, 14:30
USD/JPY Should Continue Trading in a 108.70 to 110.70 Range - Westpac Robert Rennie, Research Analyst at Westpac, suggests that we have stuck with a neutral bias for JPY over the last couple of weeks, and maintain that view into this week...
Analytics & Forecasts
  • 31
  • 3
Roberto Jacobs, 30 May 2016, 14:27
Oil Tries Out the $50 a Barrel Level – Rabobank Jane Foley, Senior FX Strategist at Rabobank, notes that last week Brent crude traded above the $50 a barrel level for the first time since November 2015 on the back of various supply outages and a better performance in global demand for gasoline...
Analytics & Forecasts
  • 43
  • 2
  • 3
Roberto Jacobs, 30 May 2016, 14:24
USD/JPY Bullish Above 110.60 – UOB The research team at UOB Group argued the pair needs a close above 110.60 in order to turn to a bullish outlook. Key Quotes “The strong USD rally that started during NY session last Friday is turning impulsive and further extension to 111...
Analytics & Forecasts
  • 25
  • 2
Roberto Jacobs, 30 May 2016, 14:22