Download MetaTrader 5
To add a new post, please log in or register
European Stocks Drop as Energy Shares Falter Major stock markets across Europe are trading lower today as energy counters are taking a beating after failure of Doha talks saw oil benchmarks suffer sharp losses. At the time of writing, Germany’s DAX was down 0.48%. France’s CAC was down 0...
Market News
  • 48
  • 1
Roberto Jacobs, 18 April 2016, 10:31
EUR/USD Could Slip Towards 1.1140 – Commerzbank In view of Axel Rudolph, Senior Technical Analyst at Commerzbank, the pair could re-visit the 1.1140 area. Key Quotes “EUR/USD recently charted a minor new high of 1.1465 which was not confirmed by the daily RSI”...
Analytics & Forecasts
  • 49
  • 1
Roberto Jacobs, 18 April 2016, 10:27
Technical Analysis of USDX for April 18, 2016 The Dollar index has made a very shallow short-term pullback towards 94.50 and is now moving back up to test the recent highs and confirm the bullish reversal on the daily and weekly time frames...
Technical Analysis of EUR/JPY for April 18, 2016 Technical outlook and chart setups: The EUR/JPY drops lower and prints 121.70 levels today as expected earlier. The pair is seen to be trading at 121.92 levels, and should be looking to rally in a countertrend (3 waves) from here...
AUD/USD Still Waiting for a Breakout of 0.7750 – UOB According to the research team at UOB Group, the focus of attention remains on a break above the 0.7750 level...
Analytics & Forecasts
  • 28
  • 1
Roberto Jacobs, 18 April 2016, 10:04
We remain bullish on NZDJPY and have made only a minor change in our previous count. We wrote a week ago about a swing long trade with a great R-R ratio, NZDJPY: Swing Buy Playing Out!. In the above chart, we see our previous week’s wave count and our 2 buy orders. We got ... Read More...
Analytics & Forecasts
  • 99
AynGannRand, 18 April 2016, 10:02
GBP/USD Weak, Rebounds from 1.4130 The sterling remains entrenched in the negative territory at the beginning of the week, with GBP/USD hovering over the 1.4160/65 band so far...
Analytics & Forecasts
  • 18
  • 1
Roberto Jacobs, 18 April 2016, 10:02
Oil: Failure to Reach Output Freeze Agreement Boosts Yen - MUFG Lee Hardman, Currency Analyst at MUFG, notes that the yen has strengthened in the Asian trading session most notably against crude oil related currencies following the failure over the weekend of major crude oil producers to reach an...
Crude Oil
  • 26
  • 1
Roberto Jacobs, 18 April 2016, 09:56
Technical Analysis of GBP/JPY for April 18, 2016 GBP/JPY is expected to trade in a lower range as 152 is in sight. The pair is accelerating on the downside and is looking for a lower bottom. Meanwhile, the relative strength index is badly directed...
Technical Analysis of NZD/USD for April 18, 2016 NZD/USD is expected to trade in a higher range but the extent of the upside is limited. The pair is still moving sideways within the range between 0.6840 and 0.6950, and is likely to challenge the upper boundary in sight...
Technical Analysis of USD/CHF for April 18, 2016 USD/CHF is expected to trade with a bullish bias. The pair managed to hold above its horizontal support at 0.9630, and is now posting some consolidations...
Technical Analysis of Gold for April 18, 2016 Gold continues to trade sideways inside a triangle formation. The trend is neutral as the price is trapped inside a trading range between $1,260 and $1,215...
USD Still Looks Challenged Here - Westpac Richard Franulovich, Research Analyst at Westpac, suggests that the USD still looks challenged here with Q1 growth now a write off the Fed will want to see at least 2-3 months of stronger data to be sure residual seasonality has once again been the culpri...
Analytics & Forecasts
  • 21
  • 1
Roberto Jacobs, 18 April 2016, 09:42
FxWirePro: Silver Faces Strong Resistance at $16.35, Good to Buy at Dips Pattern Formed- Cup and Handle Major Resistance- $16.35 Silver has made a high of $16.35 and slightly declined from that level. It is currently trading around $16.19. Short term trend is bullish as long as support $15...
Analytics & Forecasts
  • 12
  • 1
Roberto Jacobs, 18 April 2016, 09:40 #silver
FxWirePro: EUR/JPY Hit Fresh 3-Year Lows at 121.71, Finds Strong Support at 121.50 EUR/JPY hit fresh 3-year lows at 121.71 as yen strength across the board weighed heavily on the pair. Momentum studies are heavily bearish. Weekly charts confirm further downside. Pair finds strong support at 121...
Analytics & Forecasts
  • 17
  • 1
Roberto Jacobs, 18 April 2016, 09:36
FxWirePro: AUD/CHF Option Strips for Hedging Downside Risks on Gap Down Opening The implied volatility of 1W expiries are spiking at 12.80% and 12.29% for 1 month tenors. We see few near term catalysts for the AUD to retreat from recent gains...
Analytics & Forecasts
  • 32
  • 1
Roberto Jacobs, 18 April 2016, 09:34
Our main strategy followed in the previous week is being tested today. In GBPUSD: Bullish Rally Must Start Soon! we discussed a potential swing long trade and due to the fact that we were on the money for nearly 800pips, we adjusted our stop-loss (read the above post...
Analytics & Forecasts
  • 31
AynGannRand, 18 April 2016, 09:32
USD/CHF: Swiss Franc Climbs Higher as Oil Sell-Off Extends The USD/CHF pair met fresh offers in early Europe and dropped further below 0.97 handle, on the back of deteriorating risk conditions as the oil prices extend the slump. USD/CHF testing lows near 0...
Analytics & Forecasts
  • 24
  • 1
Roberto Jacobs, 18 April 2016, 09:30 #usdchf
NZ CPI: Adds to RBNZ Pause Next Week - TDS Research Team at TDS, notes that the NZ March qtr CPI rose by +0.2%/qtr and +0.4%/yr, on par with the RBNZ’s March Monetary Policy Statement (MPS) expectations...
Market News
  • 22
  • 1
Roberto Jacobs, 18 April 2016, 09:24
EUR/USD Dip is a Buying Opportunity - BNPP Research Team at BNP Paribas, are bullish on EUR/USD from current levels and have established a long trade recommendation at 1.1290, targeting a rise to 1.1600, with a stop-loss placed at 1.1140...
Analytics & Forecasts
  • 32
  • 1
Roberto Jacobs, 18 April 2016, 09:21