Roberto Jacobs / Blog
FxWirePro: CHF/JPY Faces Strong Resistance at 112.35, Good to Sell on Rallies Major Resistance- 112.35 (trend line joining 117.41 and 115.01) The pair has made a high of 112.12 and slightly declined from that level. It is currently trading around 111.91...
FxWirePro: Deploy GBP/USD Option Strips Bidding 1M Rr - a Run Through of Various Scenarios of Strikes For demonstration we consider the GBPUSD ATM instruments while formulating option strips strategy...
GBP/JPY Trade Idea Major resistance- 162.80 (100 EMA) Major support -159.93 (10 day EMA) GBP/JPY has broken major resistance 162.80 and slightly retreated from that level. It is currently trading around 162.27. The pair is facing major resistance around 162...
Gold Under Biggest and Longest Daily Decline in More Than Three Decades Gold has been declining and declining hard. The yellow metal, which had one of its best starts to a year in 2016, has declined for 9 consecutive days, including today. In past nine sessions, it has declined 5...
The Forex Week Ahead: May 29th – 2nd June Mon: EUR – German CPI, JPY – Unemployment Rate Tue: EUR – German Unemployment rate, EuroZone CPI, USD – PCE, Consumer Confidence, CAD – GDP Wed: CNY – Manufacturing & Non-Manufacturing PMIs, AUD – GDP, CHF – GDP, EUR – EuroZone Manufacturing PMI, GBP...
EUR/USD: Levels, Ranges, Targets Not only is a supposed June hike possible but the June raise timing if it materializes coincides to July 1 changes at the ECB. Current Fed/Eonia spreads run 0.72 bps while a possible Fed hike would raise spreads to 0.85 bps...
GBP/USD Rallies to Session Peak Level of 1.4637 Extending its recovery from session low of 1.4588, the GBP/USD pair gained further traction and has now moved to a fresh session high level of 1.4637...
EUR/USD Keeps Highs on German CPI The upside momentum in the shared currency remains well and sound today, with EUR/USD now gyrating around 1.1140...
OPEC Meeting is Expected to Retain the Status Quo - TDS Research Team at TDS, suggests that the June 2nd OPEC meeting is expected to retain the status quo as the current policies have been successful in lifting prices and rebalancing physical markets...