Roberto Jacobs / Blog
Technical Analysis of USD/CAD for April 12, 2016 General overview for 12/04/2016: Five sub-waves in wave c of wave (a) had been completed and now the market should start the corrective cycle in wave (b). The projected target level for wave (b) is the previous wave 4 zone at the level of 1.3018...
Technical Analysis of EUR/JPY for April 12, 2016 Technical outlook and chart setups: The EUR/JPY is recovering from yesterday's lows at 123.00 levels for now but the rally should be shallow before bears take control again. The pair is seen to be trading at 123...
Bullish on SEK Ahead of CPI Data – BNPP Research Team at BNP Paribas, suggests that the March inflation data remains in focus across Europe this week. Key Quotes “In Sweden we expect Tuesday’s release to show the headline y/y rate re-accelerating to 0...
US: Import Prices and Small Business Optimism in the Limelight - TDS Research Team at TDS, suggests that in the US import prices and small business optimism make up a limited data calendar for Tuesday. Key Quotes “TD has forecasted a 1...
BOJ Reduces Bank Funds That Will be Subject to New Negative Rate - Bloomberg As Bloomberg reports, the Bank of Japan (BOJ) is reducing the share of funds financial institutions keep at the BOJ that will be subject to the new negative interest rate policy...
UK CPI Preview: What to Expect of GBP/USD? UK cost of living as measured by consumer price index (CPI) and core consumer price index is due for release today. Economists expect inflation to have ticked higher in March (0.4% y/y and 0.3% m/m...
Technical Analysis of GBP/CHF for April 12, 2016 Technical outlook and chart setups: The GBP/CHF pair has rallied through 1.3600/20 levels, as expected and discussed yesterday. The pair is trading at 1.3580 levels at this moment, looking to push through 1...
FXWIREPRO: Cloud Base Is Strong Support for AUD/CAD, Weakness Only on Breaks Below 0.9787 AUD/CAD has broken range trade and price action has slipped into the daily cloud, hit session lows at 0.9788...
Technical Analysis of Silver for April 12, 2016 Technical outlook and chart setups: Silver rallied through $16.00 levels yesterday before hitting fibonacci 0.786 resistance of the drop from $16.13 through $14.80 levels, and pulling back. The metal is trading at $15...