Roberto Jacobs / Blog
Gold Hovers Around $1250 Supported by a weaker US Dollar, Gold on Tuesday rallied nearly 1.5% taking it to a one week high level before settling above $1250...
Oil: Implications of Failure of the Freeze Talks for the Markets - SocGen Research Team at Societe Generale, lists down the possible implications of the failure of the freeze talks for the oil markets...
GBP: Looming Brexit Risk on Exchange Rates - Commerzbank Ulrich Leuchtmann, Research Analyst at Commerzbank, suggests that the Brexit event risk is looming and many speculative market participants might find it difficult to directly bet on or against the Brexit but many might find additional oppo...
FxWirePro: Gold Forms Head and Shoulder Pattern, Good to Sell on Rallies Pattern Formed- Head and Shoulder Pattern Neck line - $1217 The commodity has recovered after making a low of $1223.It is currently trading around $1247. Yellow metal jumped till $1257...
Technical Analysis of Gold for April 20, 2016 Technical outlook and chart setups: Gold is seen to be trading at $1,246.00/47.00 levels for now, after having hit $1,256.00 levels yesterday. The metal has reversed from the fibonacci 0.786 retracement level of the drop from $1,262.00 through $1,207...
Elliott Wave Analysis of EUR/NZD for April 20 - 2016 Wave summary: We have seen a new low at 1.6062 which has been followed by a clear loss of momentum, but to confirm that a new low is in place a break above 1.6499 will be needed. As long as resistance at 1...
Elliott Wave Analysis of EUR/JPY for April 20 - 2016 Wave summary: The rally of the 121.69 low has been stronger than expected and displayed impulsive characters indicating that a bottom could be in place. If this is the case, then the coming decline from the 124...
Daily Analysis of USDX for April 20, 2016 The short-term outlook is calling for more weakness, as the USDX is approaching a key bottom around the 93.79 level, but the price zone at 94.08 is blocking the bears' advance...
Daily Analysis of GBP/USD for April 20, 2016 GBP/USD has been trading into a very bullish tone above the support zone of 1.4318, after the Cable made a huge rebound from the 1.4278 level and now it's expected to test the 1.4495 level, only if the GBP/USD does a rally toward the 1.4495 level...