Roberto Jacobs / Perfil

Brent Testing Bids Around $40 handle Brent prices dropped in Asia and extended losses in early Europe after Iran news reduced probability of joint production freeze. Futures currently hover just above $40/barrel levels...

Technical Analysis of EUR/JPY for March 14, 2016 General overview for 14/03/2016: There is one more wave to be completed in the recent bullish impulsive rally before any meaningful correction will take place. The projected target level for wave 5 purple is at the level of 127...

Technical Analysis of USD/CAD for March 14, 2016 General overview for 14/03/2016: A building bullish divergence between the price and the momentum oscillator indicates the rebound in price action in order to complete the wave (b) blue. The projected target for wave (b) is seen at the level of 1...

Elliott Wave Analysis of EUR/NZD for March 14, 2016 Wave summary: The correction we where looking for has become slightly deeper than expected, but that does not alter our expectation of a new impulsive rally taking off soon...

Technical Analysis of Gold for March 14, 2016 Technical outlook and chart setups: Gold is trading at the levels of $1,255.00 this moment, and is likely to face resistance around $1,265.00/70.00. Please note that the yellow metal has been moving in a potential ending diagonal as depicted here...

Daily Analysis of USDX for March 14, 2016 On the H1 chart, the USDX has been forming a lower low pattern, which remains supported by the level of 96.03. We can see the index to be re-testing the resistance zone of 96.61...

Daily Analysis of GBP/USD for March 14, 2016 The pair has been doing some rallies above the 200 SMA in the H1 chart and we should note that the lows reached on March 10 are still supporting the cable on the upside. Currently, it's facing-off the resistance level of 1...

Technical Analysis of GBP/CHF for March 14, 2016 Technical outlook and chart setups: The GBP/CHF pair is trading higher at the levels of 1.4140/50 this moment. The pair is looking for an opportunity to push higher as expected and discussed earlier, towards at least 1.4300...

Technical Analysis of EUR/USD for March 14, 2016 When the European market opens, some economic news on the Industrial Production m/m is due to be released. Today, the US will not deliver any economic data. So, amid the reports, EUR/USD will move with low to medium volatility during this day...

Technical Analysis of USD/JPY for March 14, 2016 In Asia, Japan will release the Core Machinery Orders m/m, and the US will not deliver any economic data today. So, there is a probability that the USD/JPY pair will move with low to medium volatility during this day...

NZD/USD to be Lower by Mid-2016 - Westpac Imre Speizer, Research Analyst at Westpac, notes that last week's RBNZ rate cut was a major factor in significantly weakening the NZD against the AUD while the NZD/USD, on the other hand, is being propped up by global factors...

EURUSD Daily Forecast: March 14 2016 EURUSD Forecast The EURUSD attempted to push lower last week bottomed at 1.0821 but whipsawed to the upside and closed higher at 1.1150. The bias is neutral in nearest term but as long as stays above 1...

GBPUSD Daily Forecast: March 14 2016 GBPUSD Forecast The GBPUSD continued its bullish momentum last week topped at 1.4436. The bias is bullish in nearest term testing 1.4500. Immediate support is seen around 1.4350...

USDJPY Daily Forecast: March 14 2016 USDJPY Forecast The USDJPY had another indecisive movement last week, formed another Doji on weekly chart. The bias is neutral in nearest term probably with a little bullish bias testing 114.50...

USDCHF Daily Forecast: March 14 2016 USDCHF Forecast The USDCHF attempted to push higher last week topped at 1.0092 but whipsawed to the downside and closed lower at 0.9823. The bias is bearish in nearest term especially if price able to make a clear break and consistent movement below 0...

Greenback's Tone Sours - BBH Research Team at BBH, suggests that the reversal of the US dollar's gains half way through Draghi's press conference has undermined the near-term technical tone. Key Quotes “The risk is on the downside, at least in the first part of the week, ahead of the FOMC meeting...

AUD/JPY Hits Multi-Week Highs Beyond 86 Handle The AUD/JPY cross surges to the highest levels since Jan 29 in the Asian morning this Monday, extending gains into a fourth consecutive week. AUD/JPY aims for 200-DMA at 87.18 Currently, the AUD/JPY pair trades 0.30% higher at 86...

EUR/USD Regains 1.1150 Amid Risk-on, EZ IP Eyed Having peaked just shy of 1.12 barrier in the last US session, EUR/USD extends its gradual descent in Asia Monday, as the price continues to consolidate post-ECB gains ahead of the Fed outcome. EUR/USD fresh bids emerge near 1...

Gold: Weaker Heading into the FOMC Week Gold futures on Comex is seen making minor recovery attempts so far this session, kicking-off the week on a bearish note as the bulls remains cautious ahead of the key FOMC decision. Gold back above $ 1250 Currently, gold trades -0.20% to 1256...