All Blogs

To add a new post, please log in or register
Pound sterling is failing to extend its April rally against the euro despite some better-than-forecast UK GDP Numbers which confirm the UK economy continues to outperform its rivals. The British pound appears to be stalling around current levels (1.2850-1...
Analytics & Forecasts
  • 99
Vasilii Apostolidi, 28 April 2016, 14:43
The euro to dollar exchange rate is forecast to retain current levels as the US Federal Reserve fails to pull the trigger to a US dollar recovery...
Analytics & Forecasts
  • 16
  • 1
Vasilii Apostolidi, 28 April 2016, 14:41
EUR/JPY Tumbles Below 123.00 Level The EUR/JPY pair tumbled from early morning highs of 126.47 all the way to 122.54 and has failed to register any meaningful recovery even after such steep fall...
Analytics & Forecasts
  • 19
  • 1
Roberto Jacobs, 28 April 2016, 14:40
The US Federal Reserve managed to fly under the radar in April. The April FOMC statement was broadly in line with expectations...
Analytics & Forecasts
  • 30
  • 1
Vasilii Apostolidi, 28 April 2016, 14:39
EUR/USD Clings to 1.1350 After German Inflation Data EUR/USD continues to trade near recent highs around 1.1350, following the release of German inflation numbers. German consumer price index fell 0.2% in April but rose 0.1% YoY, matching expectations...
Analytics & Forecasts
  • 21
  • 1
Roberto Jacobs, 28 April 2016, 14:38
FxWirePro: AUD/CAD Breaks Below 200-Dma at 0.9692, Good to Sell Rallies AUD/CAD slump post dismal Australia's CPI data on Wednesday saw the pair break below strong 200-DMA support at 0.9692. Bearish bias in the pair has risen and momentum studies heavily tilted to the downside...
Analytics & Forecasts
  • 25
  • 1
Roberto Jacobs, 28 April 2016, 14:33
USD/CHF Breaks Major Trend Line Support, Decline Till 0.9630/0.9575 Is Possible Major resistance- 0.9760 Major support - 0.9680 (trend line joining 0.9493 and 0.9584) The pair has broken major support 0.9680 and declined till 0.96610 at the time of writing. It is currently trading around 0.96579...
Analytics & Forecasts
  • 32
  • 1
Roberto Jacobs, 28 April 2016, 14:27 #usdchf
Oil is Favored Higher While Above 42.51 Short term Elliottwave structure suggests that rally from 35.23 on 4/5 remains alive as a triple three where wave W ended at 42.42 on 4/13, wave X ended at 37.61 on 4/18, wave Y ended at 44.49 on 4/21, and 2nd wave X pullback is proposed complete at 42...
Analytics & Forecasts
  • 25
  • 1
Roberto Jacobs, 28 April 2016, 14:24
WTI Consolidating Around $45.00 Region After closing above $45.00/barrel mark for the first time since early Nov. 2015, WTI crude oil futures seem to digest its gains around $45.00 mark...
Crude Oil
  • 39
  • 1
Roberto Jacobs, 28 April 2016, 14:14 #WTI
AUD Jury is Out - Till Tuesday - Westpac Sean Callow, Research Analyst at Westpac, suggests that AUD/USD’s path to 0.80 we discussed last week has taken a huge hit from Australia’s shockingly low Q1 CPI report. Key Quotes “Whether 0...
Analytics & Forecasts
  • 69
  • 1
Roberto Jacobs, 28 April 2016, 14:11
The Bank of Japan surprised the market, as the monetary policy has left unchanged. Amid this #USDJPY has rapidly dropped by more than 2%, breaking through the support line. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
Analytics & Forecasts
  • 32
Vistabrokers CIF Ltd, 28 April 2016, 14:08 #Trading
US: Initial Jobless Claims and Q1 GDP in Focus - BBH Research Team at BBH, suggests that the US reports weekly initial jobless claims and the first estimate of Q1 GDP...
Analytics & Forecasts
  • 29
  • 1
Roberto Jacobs, 28 April 2016, 14:08
USD/JPY: Staying Bearish, Following Unwind of Longs Promised on BoJ Easing – Deutsche Bank Taisuke Tanaka, Strategist at Deutsche Bank, notes that the BoJ policy meeting today decided to maintain current policy while some in markets speculated that the BoJ might increase ETF purchase and adopt a...
Analytics & Forecasts
  • 38
  • 1
Roberto Jacobs, 28 April 2016, 14:05
The continued recovery of oil prices is still the guarantor of peace for the bears in #USDCAD. Since the beginning of the trend the dollar has dropped by more than 20 figures vs. the loonie. Find out more by checking out the Source Link...
Analytics & Forecasts
  • 32
Vistabrokers CIF Ltd, 28 April 2016, 14:03 #Trading
GBP/USD Fails to Sustain Above 1.4600, US GDP Eyed The GBP/USD pair made another failed attempt to sustain its strength above 1.4600 mark and the pair has now erased majority of its early gains and has dropped back below 1.4550 level...
Analytics & Forecasts
  • 28
  • 1
Roberto Jacobs, 28 April 2016, 14:02
BoJ Defied Expectations - BBH Research Team at BBH, suggests that the Bank of Japan defied expectations and its economic assessment and left policy unchanged. Key Quotes “The inaction spurred a 3% rally in the yen and an even larger slump in stocks...
Analytics & Forecasts
  • 42
  • 1
Roberto Jacobs, 28 April 2016, 13:59
In our latest article, AAPL: Buyers have Room for Another $15 Move! and in earlier posts, we have discussed a possible move higher than $112. Apparently, we gave wave 3 too much of a room and a possible 5-move up from the lows was completed...
Analytics & Forecasts
  • 37
AynGannRand, 28 April 2016, 13:40
Advance US Q1 GDP Preview: What to Expect of USD/JPY? The USD/JPY pair nosedived to 108.00 mark after the Bank of Japan announced the outcome of its April monetary policy meeting where the central bank surprised markets and left its monetary policy unchanged...
Analytics & Forecasts
  • 24
  • 1
Roberto Jacobs, 28 April 2016, 13:22
Fed Signals Less Global Concern but No Urgency Either – MUFG Derek Halpenny, European Head of GMR at MUFG, notes that the dollar is generally unchanged versus most currencies (except the yen and kiwi) after the April FOMC delivered few surprises...
Analytics & Forecasts
  • 40
  • 1
Roberto Jacobs, 28 April 2016, 13:18 #Fed
UK: Brexit Taking More of a Toll - ING James Knightley, Senior Economist at ING, notes that the UK growth slowed to 0.4% QoQ from 0.6% in 4Q15 with the approaching referendum on EU membership likely to be a key factor that is leading to a loss of momentum...
Analytics & Forecasts
  • 33
  • 1
Roberto Jacobs, 28 April 2016, 13:13