Roberto Jacobs / Blog
Technical Analysis of Gold for April 18, 2016 Gold continues to trade sideways inside a triangle formation. The trend is neutral as the price is trapped inside a trading range between $1,260 and $1,215...
USD Still Looks Challenged Here - Westpac Richard Franulovich, Research Analyst at Westpac, suggests that the USD still looks challenged here with Q1 growth now a write off the Fed will want to see at least 2-3 months of stronger data to be sure residual seasonality has once again been the culpri...
FxWirePro: Silver Faces Strong Resistance at $16.35, Good to Buy at Dips Pattern Formed- Cup and Handle Major Resistance- $16.35 Silver has made a high of $16.35 and slightly declined from that level. It is currently trading around $16.19. Short term trend is bullish as long as support $15...
FxWirePro: EUR/JPY Hit Fresh 3-Year Lows at 121.71, Finds Strong Support at 121.50 EUR/JPY hit fresh 3-year lows at 121.71 as yen strength across the board weighed heavily on the pair. Momentum studies are heavily bearish. Weekly charts confirm further downside. Pair finds strong support at 121...
FxWirePro: AUD/CHF Option Strips for Hedging Downside Risks on Gap Down Opening The implied volatility of 1W expiries are spiking at 12.80% and 12.29% for 1 month tenors. We see few near term catalysts for the AUD to retreat from recent gains...
USD/CHF: Swiss Franc Climbs Higher as Oil Sell-Off Extends The USD/CHF pair met fresh offers in early Europe and dropped further below 0.97 handle, on the back of deteriorating risk conditions as the oil prices extend the slump. USD/CHF testing lows near 0...
NZ CPI: Adds to RBNZ Pause Next Week - TDS Research Team at TDS, notes that the NZ March qtr CPI rose by +0.2%/qtr and +0.4%/yr, on par with the RBNZ’s March Monetary Policy Statement (MPS) expectations...
EUR/USD Dip is a Buying Opportunity - BNPP Research Team at BNP Paribas, are bullish on EUR/USD from current levels and have established a long trade recommendation at 1.1290, targeting a rise to 1.1600, with a stop-loss placed at 1.1140...
Technical Analysis of GBP/CHF for April 18, 2016 Wave summary: We continue to look for support at 1.6229 being able to protect the downside for a clear break above 1.6492 that will call for a continuation higher to 1.6830 and above. Only an unexpected break below 1...