Roberto Jacobs / Perfil

CADJPY While Above 83.9 Can Extend Higher Short term Elliottwave structure suggests that dip to 82.88 on 5/24 ended wave X. Rally from there is unfolding as a double three where wave ((w)) ended at 85.17, wave ((x)) ended at 83.88, and wave ((y)) is in progress...

Could There be Further Upside Potential on the Horizon for the GBPCHF? Whilst the Cable is presently taking a bit of a thrashing, the GBPCHF could be setting up to perform a final leg of an Elliot wave which could have some significant upside potential...

USDCHF: Looks To Resume Broader Uptrend USDCHF: Having the pair continued to maintain its medium term upside bias, trend resumption is envisaged. On the downside, support lies at the 0.9900 level. A turn below here will open the door for more weakness towards the 0.9850 level and then the 0...

Where To Sell EUR/USD? - Credit Suisse EUR/USD’s challenge of key support at 1.1097/1058 – the 200-day average, 50% retracement level and price support – has led to fresh buying for a bounce higher, notes Credit Suisse...

EUR/JPY Erodes Over 2 Big Figures on JP Sales-Tax Decision The European currency was heavily battered by its Japanese rival in the late-Asian/ early European trades, knocking-off EUR/JPY to fresh three-week lows. EUR/JPY: 122 handle tested The EUR/JPY pair sinks -0.81% to 122...

EUR/GBP Upside Faltered Ahead of 0.7700 Yesterday’s abrupt drop of the sterling has allowed EUR/GBP to recover ground lost, although the bull run lost momentum just below 0.7700 the figure...

GBP/USD Sidelined Below 1.45 Ahead of Data The sterling is trading almost unchanged vs. the greenback on Wednesday, with GBP/USD navigating the 1.4480/85 band so far. GBP/USD focus on UK data The pair is posting meager gains today following yesterday’s drop from the area above the 1...

EUR/USD Under Pressure Below 5-DMA, PMIs in Focus EUR/USD is seen moving side-ways since the mid-Asian trades, having failed several attempts to reclaim 1...

GBP Futures Open Interest: Long Liquidation Post ICM Brexit Poll Preliminary data from the CME Group shows that futures traders withdrew liquidity during yesterday's 6B slide (GBP/USD), following a built-up of long-sided business in the Sterling market in anticipation that the 'Bremain' campaign...

FxWirePro: Gold Fails to Sustain Above Key Resistance at $1218, Good to Sell on Rallies XAU/USD is currently trading around $1214 marks. It made intraday high at $1219 and low at $1213 marks. Intraday bias remains bearish till the time pair holds key resistance at $1222 marks...

FxWirePro: Upbeat GDP Data Buoys Aussie Bulls, AUD/CAD Extends Gains Above 23.6% Fib, Stay Long Upbeat Australian GDP report boosts Aussies bulls. Australia’s Q1 GDP q/q came in at +1.1% versus +0.8% expected and from +0.7% prior (revised higher from +0.6...

Asian Markets in Red, Gold Hovers Around Key Resistance at $1218 All the major Asian indices are trading on a negative note on Wednesday. On the other side, Gold gains in early Asian hours but fails to sustain above key resistance at $1218 marks and hovers around $1215 levels...

APAC Currency Corner – Brexit fallout During the past twelve months, investors have built a towering wall of worry around themselves as they brood about everything from a global economic slowdown to collapsing oil prices. Now we have a possible Brexit on the horizon...

AUD/USD Deflates to 200-DMA, Aus GDP-Led Rally Short-Lived The AUD/USD pair reversed almost a quarter of the Australian GDP-induced sharp rally as we head towards late-Asia, with poor risk tone on weak Chinese PMI readings extending bearish pressure on the major...

Sell NZD/USD on Strength, Buy USD/CHF on Dips - Westpac Research Team at Westpac, suggests to sell NZD on strength at 0.6840, stop at 0.6910. Key Quotes “The US dollar continues to strengthen - up 4.2% since 3 May - pushing NZD/USD lower...

Short GBP/USD at 1.4480 - Westpac Research Team at Westpac, opens a short GBP/USD here at 1.4480 with a stop at 1.4640. Key Quotes “Polls validating last week's observation that, "GBP arguably getting ahead of itself in pricing out Brexit risks...

Gold Rejected at 100-DMA, Drops to Test 5-DMA Gold brought an end to its two-day relief rally from multi-month troughs and now corrects slightly lower in response to the ongoing strength in the US treasury yields. Gold: Upside favoured amid risk-off...

ASX200 Breaks Major Support 5340, Decline Till 5250/5235 Is Possible Major resistance - 5430 Major intraday Support - 5340 (21 day MA) ASX200 has broken major support at 5340 and declined till 5303. It is currently trading at 5308...

Australian Stocks Drive Asia Lower, Ignore Upbeat Aus GDP The Asian stock markets snapped previous gains and fell into the negative territory, as renewed weakness in the oil and copper prices weighed heavily on the resource and energy stocks...

USD/JPY Back on the Bids, Re-Takes Daily Pivot The bears are seen fighting hard over the last hour to win over control amid poor PMI reports from the Asian economies, while persisting risk-off moods also keeps the downside exposed in USD/JPY. USD/JPY sold-off at daily pivot (110...