All Blogs

To add a new post, please log in or register
GBP/USD Forecast: Pound Still Strong The Pound continues shedding ground this Friday, with the GBP/USD pair advancing up to 1.4688 following the London opening, from where it turned south to post a fresh 2-day low of 1.4620...
Analytics & Forecasts
  • 22
  • 2
Roberto Jacobs, 27 May 2016, 12:22
Daily Recommendations on Major USD/JPY DAILY MARKET OUTLOOK on Major USD/JPY Update Time: 27 May 2016 08:12 GMT USD/JPY - 109.75 Despite dlr's erratic rise from 109.11 (Monday) to 110.45 (Wednesday), yesterday's selloff to 109.42 in Asia signals 'choppy' trading below last Fri's 3-wk peak at 110...
Analytics & Forecasts
  • 17
  • 2
Roberto Jacobs, 27 May 2016, 12:19
FTSE Pairs Gains, USD Flat The US dollar remained soft across the board as the probability of a June rate hike slightly weakened throughout this week. The market gives a 38% chance for the Federal Reserve (Fed) to raise rates at the June meeting...
Analytics & Forecasts
  • 30
  • 2
Roberto Jacobs, 27 May 2016, 12:16
EUR/USD Points to a Test of 1.1230 – UOB In view of the research team at UOB Group, EUR/USD remains poised for a test of the 1.1230 area in the next 1-3 weeks. Key Quotes “The unexpected strong rebound in EUR appears to have to scope to extend higher but at this stage, a sustained move above 1...
Analytics & Forecasts
  • 29
  • 2
Roberto Jacobs, 27 May 2016, 12:13
EUR/USD Forecast: Stuck at 1.1180 Ahead of US GDP The FX board is extremely quiet this Friday, with most majors trading within Thursday's ranges, and the EUR/USD still stuck around the 1.1180 region...
Analytics & Forecasts
  • 30
  • 2
Roberto Jacobs, 27 May 2016, 12:09
Daily Technical Outlook & Trading USD/CHF DAILY USD/CHF TECHNICAL OUTLOOK Last Update At 27 May 2016 02:08GMT Trend Daily Chart Up...
Analytics & Forecasts
  • 14
  • 2
Roberto Jacobs, 27 May 2016, 12:05
USD/CHF Tracks USD Higher Ahead of US GDP, Yellen Despite falling oil prices, the USD/CHF pair recovered sharply and swung back above 0.99 handle, finding support from a minor-recovery in the European equities and a broadly higher greenback. USD/CHF holds 0...
Analytics & Forecasts
  • 38
  • 2
Roberto Jacobs, 27 May 2016, 11:59 #usdchf
GBP/USD Bounces Off 1.4620 Ahead of US GDP The sterling is trading on a bearish fashion today, with GBP/USD around 1.4650 after dropping to 1.4620. GBP/USD weaker pre-GDP Spot is retreating further at the end of the week following recent ‘double-tops’ in the vicinity of 1...
Analytics & Forecasts
  • 21
  • 2
Roberto Jacobs, 27 May 2016, 11:57
USD/CAD Bounces Higher to 1.3050 as Oil Sell-Off Extends The US dollar fought back the bids from its Canadian counterpart in the European session, with USD/CAD having brought an end to its three-day decline. USD/CAD extends beyond 1.3000 Currently, the USD/CAD pair jumps +0...
Analytics & Forecasts
  • 21
  • 2
Roberto Jacobs, 27 May 2016, 11:54
USD/JPY a Test of 108.45 Not Ruled Out – Commerzbank In view of Karen Jones, Head of FICC Technical Analysis at Commerzbank, the pair could slip towards the 108.45 level. Key Quotes “USD/JPY continues to back away from the 55 day ma and currently we remain unable to rule out a slide to 108.45”...
Analytics & Forecasts
  • 27
  • 2
Roberto Jacobs, 27 May 2016, 11:51
EUR/SEK Flirting With Highs Near 9.2800 The Swedish krona is depreciating further vs. the euro today, with EUR/SEK now advancing to daily highs near 9.2800 the figure...
Analytics & Forecasts
  • 37
  • 2
Roberto Jacobs, 27 May 2016, 11:49
EUR/USD Holding 100-DMA Support, US GDP to Provide Further Cues The EUR/USD pair remained on back-foot but has managed to hold its neck above 100-day SMA support and is currently trading at 1.1182 level as market now awaits for fresh impetus from US GDP print...
Analytics & Forecasts
  • 26
  • 2
Roberto Jacobs, 27 May 2016, 11:47
Elliott Wave Analysis of EUR/NZD for May 27, 2016 Wave summary: We are still looking for a break above minor resistance at 1.6715 to confirm that a corrective low is in place at 1.6424 and a new impulsive rally to 1.6931 and 1.7223 is developing on the way higher to the 1.8420 target...
Analytics & Forecasts
  • 65
  • 2
Roberto Jacobs, 27 May 2016, 11:03
Technical Analysis of USD/JPY for May 27, 2016 USD/JPY is expected to trade with a bullish bias. Overnight U.S. indexes were little changed after rallying 2% over the prior two sessions. The Dow Jones Industrial Average eased 0...
Elliott Wave Analysis of EUR/JPY for May 27 - 2016 Wave summary: We are still looking for a break above the resistance at 123.12 to confirm that a corrective low was seen at 122.23 and a new impulsive rally to 124.65 and above is developing. Short-term support is seen at 122...
Analytics & Forecasts
  • 51
  • 2
Roberto Jacobs, 27 May 2016, 10:57
USDCHF Daily is in a Bearish channel from 11/2015 and it it has just made a top. So it is a good situation to take SELL but a fake Bullish break out may happen. In case the "Intelligent CCI" indicator fall below 78 it is confirmed time for SELL...
Analytics & Forecasts
  • 66
  • 1
Yaser Sabbaghi, 27 May 2016, 10:56 #usdchf
Technical Analysis of USD/CHF for May 27, 2016 USD/CHF is expected to trade with a bearish bias. The pair stays below its key resistance at 0.9925 and looks for choppy price action with a bearish bias...
Technical Analysis of NZD/USD for May 27, 2016 NZD/USD is expected to trade with a bearish bias as Key resistance at 0.6770. The pair failed to break above its horizontal resistance at 0.6770, and remains weak below the threshold...
Technical Analysis of GBP/JPY for May 27, 2016 GBP/JPY is expected to trade with bearish bias with no long-term direction. The pair is moving around its 20-period and 50-period moving averages within a trading range between 161.90 and 160...
Daily Analysis of USDX for May 27, 2016 The USDX traded in a bearish tone during Thursday's session, but currently we should note that the Index is hovering around the 200 SMA area on the H1 chart...
Analytics & Forecasts
  • 37
  • 2
Roberto Jacobs, 27 May 2016, 10:40