All Blogs

To add a new post, please log in or register
FXWIREPRO: AUD/CAD Rises from Lows of 0.9897, Finds Strong Resistance at 0.9950 AUD/CAD downside on Tuesday found support by the daily cloud, currently spanning 0.9778 to 0.9884. The pair took support by cloud top at 0.9893 and edged higher to currently trade around 0.9941 levels...
Analytics & Forecasts
  • 23
  • 1
Roberto Jacobs, 6 April 2016, 12:51
Technical Analysis of EUR/CAD for April 06, 2016 According to my yesterdays' analysis, EUR/CAD started moving higher after rejecting the S1 (1.4850)support and the 200 Moving Average. Pair broke above R1 (1.4960) once again confirming a bullish trend...
Technical Analysis of NZD/CAD for April 06, 2016 NZD/CAD is trading in a clear range where 2 key levels can be seen. The resistance is near 0.9090, and the support is near 0.8910. Overall, price broke above the 200 Moving average and currently is rejecting it...
BOJ Easing Speculation on the Rise - MUFG Derek Halpenny, European Head of GMR at MUFG, suggests that they are certainly not surprised with greater market talk of additional BOJ easing, perhaps as soon as the next meeting on 28th April...
Market News
  • 53
  • 1
Roberto Jacobs, 6 April 2016, 12:41
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, April 6th EUR/USD trades at the bearish pressure near session lows at 1.1352. Having peaked at 1.1400 levels in the last NY session, major began it bearish move...
Analytics & Forecasts
  • 21
EEAnalytics, 6 April 2016, 12:38
ECB May Mind Stronger Euro Less As Global Economy Slows European Central Bank (ECB) chief Mario Draghi, first verbally started attacking Euro, back in 2014, when Euro was going strong, Euro Zone economy was weak and inflation was low, by suggesting despite Euro not being a direct policy tool but...
Analytics & Forecasts
  • 64
  • 1
Roberto Jacobs, 6 April 2016, 12:38 #ECB
Weaker Dollar Commodity Producers Nightmare Weaker Dollar is and likely to increase commodities producing countries’ as well as their respective central banks’ headaches by shrinking their policy options...
Market News
  • 20
  • 1
Roberto Jacobs, 6 April 2016, 12:34
EUR/USD Treading Water Around 1.1350, Fed Minutes Eyed The bears take a breather from their downward momentum, allowing the EUR/USD pair to consolidate the heavy losses, as market inch closer towards the FOMC minutes due later in the US session...
Analytics & Forecasts
  • 29
  • 1
Roberto Jacobs, 6 April 2016, 12:30
CBRT: Door Open for Further Easing? – Rabobank Strategist at Rabobank Piotr Matys sees the possibility that the CBRT could loose further its monetary conditions in the medium term horizon...
Market News
  • 62
  • 1
Roberto Jacobs, 6 April 2016, 12:28
Pre US Open, Daily Technical Analysis Wednesday, April 06, 2016 Please note that due to market volatility, some of the below sight prices may have already been reached and scenarios played out. EUR/USD Intraday: under pressure. Pivot: 1.1385 Most Likely Scenario: short positions below 1...
My Trading
  • 26
  • 1
Mohammad Soubra, 6 April 2016, 12:26
EUR/JPY Finds Support Near 125.00 The softer tone in the euro plus increasing demand for the Japanese currency is dragging EUR/JPY to the 125.20 area on Wednesday...
Analytics & Forecasts
  • 17
  • 1
Roberto Jacobs, 6 April 2016, 12:12
Global Macro Overview for 06/04/2016 (Crude Oil) The American Petroleum Institute reported yesterday a decrease in the US oil inventories by the level of -4300K. This number was way below the market expectations of 2900K, which would be another increase from 2600K a week ago...
Crude Oil
  • 33
  • 2
Roberto Jacobs, 6 April 2016, 12:07
FXWIREPRO: USD/INR Bounces Above 7DMA, But Finds Resistance at 21DMA - INR Hedging Ideas for Fx Risks Technical glimpse: The breakdown in USD/INR continues with a renewed trending bias. The break out above of the resistance 66...
Analytics & Forecasts
  • 41
  • 1
Roberto Jacobs, 6 April 2016, 12:04
US Oil Breaks Major Trendline Resistance, Jump Till $38.55/$39.30 Is Possible Major resistance - $36.40 (trend line joining $39.82 and $39.01) Major support - $36 (55 day EMA) US Oil has broken major resistance $36.40 and jumped till $37.05 at the time of writing...
Analytics & Forecasts
  • 58
  • 1
Roberto Jacobs, 6 April 2016, 12:00
German Bunds Slump on Firm Economic Data, Rising Oil Prices The German 10-year bond tumbled on Wednesday amid strong Markit retail sales PMI figure and better than expected industrial production data. The benchmark 10-year bonds yield, which is inversely proportional to bond price rose 6...
Market News
  • 21
  • 1
Roberto Jacobs, 6 April 2016, 11:56
USD/CAD: Loonie Fails to Benefit From Oil Price Rebound The Canadian dollar continues to get hammered by its US counterpart for the fifth straight session, driving USD/CAD closer towards 1.32 barrier. USD/CAD trades well beyond 20-DMA at 1.3115 Currently, the USD/CAD pair gains 0.27% to 1...
Analytics & Forecasts
  • 33
  • 1
Roberto Jacobs, 6 April 2016, 11:53
Russian Bonds Rally on Strong Oil Prices The Russian 10-year bonds jumped on Wednesday, following strong cues emerging from crude oil prices, pushing the yield on 10-year bonds down 5 bps...
Market News
  • 24
  • 1
Roberto Jacobs, 6 April 2016, 11:43
GBP/JPY Drops to Six-Week Low GBP/JPY pair clocked a six-week low of 155.50 on Brexit fears and BOJ’s hesitation to intervene despite Yen’s winning streak. Trades below 50% Fibo The cross remains below 156.36 (50% of 2011 low-2015 high...
Analytics & Forecasts
  • 19
  • 1
Roberto Jacobs, 6 April 2016, 11:40
Technical Analysis of USD/CAD for April 6, 2016 General overview for 04/04/2016: Another higher high has been made in this market as bulls are making their way towards the important technical resistance at the level of 1.3292...
Technical Analysis of EUR/JPY for April 6, 2016 General overview for 06/04/2016: The most appropriate way to count the current wave progression is a triple zig-zag correction as the wave 2...