Roberto Jacobs / Blog
Doha Talks Add to AUD & CAD Downside Vulnerability - BNPP Research Team at BNP Paribas, suggests that the commodity strategists note that the Doha meeting produced the most bearish outcome for oil prices amongst the various scenarios the market was looking at: no deal, no future calendar and...
AUD/USD Sharply Lower After Doha, Around 0.7660 The Aussie dollar is following the rest of the risk associated assets at the beginning of the week, sending AUD/USD to the lower end of the range near 0.7660. AUD/USD finds support near 0...
EUR/NOK Seen Lower Medium Term – Danske Bank Analyst at Danske Bank Kristoffer Lomholt expects the cross to head lower towards the second half of the year...
ECB in Focus this Week After Failed Doha Talks – Danske Bank Research Team at Danske Bank, suggests that there are no major data releases today...
Gold Bid in Asia on Increased Safe-Haven Flows Gold extends gains for the second straight session this Monday as investors seek safety assets amid oil-driven sell-off across the financial markets. Gold: $ 1240 tested Currently, gold trades 0.17% at 1235.92, retreating from session highs of 1239...
EUR/JPY Focus Remains on 120.00 – Commerzbank Axel Rudolph, Senior Technical Analyst at Commerzbank, noted the cross still remains under pressure. Key Quotes “EUR/JPY remains under pressure and attention remains on the 120.00 region but do not have much to suggest a move beyond that currently”...
Elliott Wave Analysis of EUR/NZD 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...
Elliott Wave Analysis of EUR/JPY for April 18 - 2016 Wave summary: On Friday, we saw a failure to break clearly below 122.54 indicating that a fifth wave failure has been seen for red wave [v] and red wave [iii]. However, we expected resistance at 123...
Crude Oil Likely to Give Back Gains as DOHA Talk Fails - TDS Research Team at TDS, suggests that with the oil market not getting a production freeze in DOHA, it is likely that crude oil gives back most of the gains made in recent days...