All Blogs

To add a new post, please log in or register
Elliott Wave Analysis of EUR/NZD for May 18 - 2016 Wave summary: With a low at 1.6538, we are now looking for a break above the minor resistance line near 1.6675 to confirm that the correction from 1.6931 is over and a new impulsive rally towards 1.7254 is developing...
Analytics & Forecasts
  • 28
  • 2
Roberto Jacobs, 18 May 2016, 10:43
Elliott Wave Analysis of EUR/JPY for May 18 - 2016 Wave summary: With a low at 122.93 or exactly the 78.6% correction of red wave [i], we expect red wave [ii] will be in place for the next impulsive rally above minor resistance at 123.55 and, more importantly, above resistance at 124...
Analytics & Forecasts
  • 25
  • 3
Roberto Jacobs, 18 May 2016, 10:40
FxWirePro: EUR/SEK Remains Well Supported Below 9.35, Intraday Bias Remains Bearish EUR/SEK is currently trading around 9.3353 levels. It made intraday high at 9.3442 and low at 9.3285 levels. Intraday bias remains bearish for the moment. A sustained break above 9.35 tests key resistances at 9...
Analytics & Forecasts
  • 21
  • 2
Roberto Jacobs, 18 May 2016, 10:36
FxWirePro: Dax Faces Strong Resistance 10200, Good to Sell on Rallies Major resistance- 10200 (200 day MA) Major support -9750 DAX has made a high of 10110 (May 10th 2016) and declining from that level. It is currently trading around 9816. Short term trend is low as long as resistance 10200 holds...
Analytics & Forecasts
  • 19
  • 2
Roberto Jacobs, 18 May 2016, 10:33
USD/JPY, EUR/SEK, 1H Chart: Channel Up EUR/SEK 1H Chart: Channel Up Comment: EUR/SEK formed the channel soon after a test of 9.16—a major demand area that was established a year ago and repeatedly confirmed thereafter...
Analytics & Forecasts
  • 27
  • 2
Roberto Jacobs, 18 May 2016, 10:28
Daily Forex Fundamental Overview Fundamental Analysis USD “Some of that is just a reversal of the huge fundamental decline in oil and gasoline that we’ve seen, and the other part is the service side of the economy...
Analytics & Forecasts
  • 43
  • 1
Roberto Jacobs, 18 May 2016, 10:22
EUR/GBP Seems Vulnerable to Slide Below 0.7800 Extending its break-down momentum on Wednesday, the EUR/GBP pair is dipped lower to 0.7813 ahead of the UK jobs report and the final print of EU CPI. On Tuesday, the pair attempted a sharp recovery from 0.7800 handle and move back above 0...
Analytics & Forecasts
  • 13
  • 1
Roberto Jacobs, 18 May 2016, 10:18
FxWirePro: South African Rand Falls Against US Dollar ahead of CPI Data Pair is currently trading at 15.72 marks. It made intraday high at 15.75 and low at 15.52 levels. Intraday bias remains bullish till the time pair holds key support level at 15.37 levels. A daily close above key resistance 15...
Analytics & Forecasts
  • 16
  • 1
Roberto Jacobs, 18 May 2016, 09:47
Fed Officials Warn Over Markets Dovish Hike Expectations Several FOMC members have come out and warned against too dovish expectations by market participants over rate hike...
Currency
  • 22
  • 1
Roberto Jacobs, 18 May 2016, 09:45
FxWirePro: EUR/GBP Rangebound ahead of EZ Inflation Data, Momentum Studies Bearish EUR/GBP trades a tight range on the day, with day's highs at 0.7831 and lows at 0.7813...
Analytics & Forecasts
  • 47
  • 1
Roberto Jacobs, 18 May 2016, 09:42
Yesterday’s release of a 0.4% MoM rise in US CPI has seen two year US swap rates back edge back to the April highs and provided the USD with a modest lift...
Analytics & Forecasts
  • 17
Batur Asmazoglu, 18 May 2016, 09:42
AUD/JPY: Bears Relentless, Heads Towards 79 Handle The AUD/JPY cross remain heavily offered in the European trades, now attempting a tepid-bounce towards the mid-point of 79 handle. AUD/JPY testing support near 80.20 The AUD/JPY pair now drops -0.64% to 79...
Analytics & Forecasts
  • 28
  • 1
Roberto Jacobs, 18 May 2016, 09:28
NZD/USD Slides Further Below 0.6800 Handle The NZD/USD pair's attempted recovery for second straight day on Tuesday got sold into and the pair on Wednesday extended its slide further below 0.6800 handle...
Analytics & Forecasts
  • 22
  • 1
Roberto Jacobs, 18 May 2016, 09:25 #nzdusd
EUR/USD Risks a Test of 1.12 – Westpac Strategists at Westpac see the pair slipping towards the 1.1200 handle. Key Quotes “ EUR vulnerable to a yield driven decline toward 1...
Analytics & Forecasts
  • 21
  • 1
Roberto Jacobs, 18 May 2016, 09:23
EUR/USD Pullbacks Limited Around 1.1215 – UOB In view of analysts at UOB Group, pullbacks in EUR/USD seem to be limited to the 1.1215 level in the next weeks. Key Quotes “There is not much to add as EUR spent another day going nowhere”...
Analytics & Forecasts
  • 20
  • 1
Roberto Jacobs, 18 May 2016, 09:20
USD/CHF Moves to 0.9830-35 Important Juncture Extending its bid tone for fourth straight trading session, the USD/CHF pair has now risen beyond 0.9800 handle to 0.9830, its highest level since mid-March. The pair extended its near-term recovery trend from a multi-month low level of 0...
Analytics & Forecasts
  • 17
  • 1
Roberto Jacobs, 18 May 2016, 09:15 #usdchf
USD/JPY Bounces-Off 109 in Early Europe, Fed Minutes Eyed The USD/JPY pair bounced-off a dip to 109 handle and almost regained lost ground as the US dollar continues to hover near two-week tops amid recovering risk appetite. USD/JPY retesting daily highs...
Analytics & Forecasts
  • 20
  • 1
Roberto Jacobs, 18 May 2016, 09:13
USD/CHF Potential Test of 0.9990/1.00 – Commerzbank According to Karen Jones, Head of FICC Technical Analysis at Commerzbank, the pair could test the 0.9990/1.0000 band if it clears the 0.9830 area. Key Quotes “USD/CHF is poised to encounter the 200 day moving average at...
Analytics & Forecasts
  • 23
  • 1
Roberto Jacobs, 18 May 2016, 09:10 #usdchf
FOMC Minutes at the Centre Stage Today – Danske Bank Research Team at Danske Bank, suggests that the release of the minutes from the April FOMC meeting is likely to get the most attention today as the calendar is thin...
Currency
  • 49
  • 2
Roberto Jacobs, 18 May 2016, 09:00
FxWirePro: Gold Trades Lower on revived Rate Hike Expectations, Good to Sell on Rallies Gold has slightly retreated after making high of $1282 on revived rate hopes expectations...
Metals
  • 55
  • 1
Roberto Jacobs, 18 May 2016, 08:56 #gold