Roberto Jacobs / Blog
Technical Analysis of Gold for April 19, 2016 Technical outlook and chart setups: Gold prices are seen to be trading at $1,233.00/34.00 levels for now, looking to rally towards $1,247.00 levels to complete the countertrend rally. Please note that the metal is expected to reverse lower from $1,247...
Technical Analysis of EUR/USD for April 19, 2016 When the European market opens, some economic news will be released such as ZEW Economic Sentiment, German ZEW Economic Sentiment, Current Account. The US will release economic data too such as Housing Starts and Building Permits...
Technical Analysis of USD/JPY for April 19, 2016 In Asia, today Japan will not release any economic data but the US will release some economic data such as Housing Starts and Building Permits. So there is a probability the USD/JPY will move with low to medium volatility during this day...
Daily Analysis of Major Pairs for April 19, 2016 EUR/USD: The markets opened this week with minor gaps in some cases, which indicate serious trending movements this week. The EUR/USD did not move significantly on Monday but it would soon start moving in a trending mode...
Daily Analysis of USDX for April 19, 2016 On the H1 chart, USDX is finding strong support around the 94.40 level, where a lower low pattern is being formed in order to reach new lows. A breakout should be expected below the 94.40 level in order to reach the short-term target around the 94...
Daily Analysis of GBP/USD for April 19, 2016 The week started with a bullish momentum on the GBP/USD, as it has been doing a rally above the 200 SMA and is now facing the resistance zone of 1.4278...
Markets Quickly Shrug Off Doha – Lloyds Bank Research Team at Lloyds Bank, notes that the RBA minutes overnight highlighted their continued accommodative stance until inflation picks up, but also acknowledged the positive signs in the economy...
US Economic News “Mostly Favourable” - ANZ Research Team at ANZ, notes that the Fed Vice Chair and New York president Dudley called US economic news “mostly favourable” and cited improvement in Europe’s growth outlook...
RBA Minutes: Higher AUD Could Complicate Economy Rebalance The minutes of the April 5th RBA meeting when interest rates were held steady at 2%, and in which the Central continued to maintain a soft dovish bias to ease further if needed, have been released...