Roberto Jacobs / Blog
US: Signs of ISM Manufacturing Bottoming - Commerzbank Research Team at Commerzbank, suggests that there are tentative signs of ISM manufacturing bottoming but a strong Q4 is a hurdle for US Q1 growth...
Technical Analysis of Silver for April 11, 2016 Technical outlook and chart setups: Silver is seen to be trading at $15.40 levels for now, looking to resume moving lower either from here or from $15.50/60 levels. Also note that $15.60 levels is fibonacci 0.618 resistance of the drop from $16...
Technical Analysis of Gold for April 11, 2016 Technical outlook and chart setups: Gold is seen to be trading higher at $1,244.00/45.00 levels at the moment, looking to push lower this week. The metal might print a high at $1,254.00/55.00 levels before reversing lower again...
USD/CAD in a Tight Range Near 1.3000 USD/CAD is posting meager gains at the beginning of the week, now attempting a consolidative pattern below the 1.3000 handle...
Daily Analysis of Major Pairs for April 11, 2016 EUR/USD: This pair had a flat movement last week, for the price was unable to close above the resistance line at 1.1450 in spite of forays into it (the resistance line at 1.1400 was also subjected to desperate attacks from the bulls...
FXWIREPRO: NZD/JPY Finds Strong Support at 72.80, Momentum Bearish NZD/JPY has taken strong trendline support at 72.89 on Apr 7th trade and edged higher. The pair currently trades around 73.65 levels, Doji formation seen in the Asian session after the pair was rejected at highs by 74...
BoE and Fed Speakers Amongst Market Movers This Week – Danske Bank Research Team at Danske Bank, suggests that several Fed members are due to speak this week...
Daily Analysis of USDX for April 11, 2016 On the H1 chart, USDX attempted to break the low around the 93.95 level, to extend the bearish bias on a short-term basis. Currently, there is a double bottom pattern formation above the support zone of 93...
Daily Analysis of GBP/USD for April 11, 2016 GBP/USD is currently doing some corrective moves above the support zone of 1.4118, after a rebound that was made around the 1.4062 price level...