Roberto Jacobs / Profil

USD/CAD Dips Below 1.2600 Mark to Hit Fresh 2016 Low Tracking strength in WTI crude oil prices, the USD/CAD pair dropped to fresh 2016 low of 1.2574 before attempting a pull-back towards 1.2600 round figure mark...

AUD/USD Slammed to 0.7600 Mark on Weak Australian CPI Data The AUD/USD pair witnessed a sharp fall on Wednesday, dropping to 0.7600 round figure mark, as Australian core CPI fell to its lowest level since 1999...

NZD Slipped by 0.3% in Response to the AUD Move - SocGen Kit Juckes, Research Analyst at Societe Generale, suggests that the NZD has fallen 0.3% in response to the AUD move, so driving AUD/NZD sharply lower. Key Quotes “I’d rather be short NZD/USD than AUD/USD around these levels...

CHF/JPY Faces Strong Resistance at 114.65, Break Above Targets 115.20/116 Major resistance – 114.65 (200 4 HMA) Major support – 113.40 The pair has broken minor resistance 114.27 and jumped till 114.59. It is currently trading at 114.59. Short term trend is slightly bullish as long as support 113...

AUD: Short-Term Market Caught the Wrong-Footed – BBH Research Team at BBH, suggests that the short-term market was caught the wrong-footed when Australia reported an unexpected decline in Q1 CPI. Key Quotes “The 0.2% decline contrasts to expectations for an increase of the same magnitude...

GBP/NZD Surges Post UK GDP Data The GBP/NZD pair surged past 2.1300 mark to trade near day's peak of 2.13300 after the first quarter UK GDP meet consensus estimates...

USD/CAD Recovery from 9-Month Lows Falters Near 1.2600 The USD/CAD pair is seen trying hard to extend the recovery above 1.26 handle, but in vain, as higher oil prices and a broadly lower USD continue to weigh. USD/CAD rejected near daily pivot Currently, the USD/CAD pair drops -0.09% to 1...

EUR/USD Retraces from High but Holds Above 1.1300 Mark The EUR/USD pair witnessed a sudden spike to 1.1333 before retracing back to 1.1300 mark, holding with some minor gains in a range-bound trade...

USD/JPY Bounces-Off 111, Tests 5-DMA Before FOMC The US dollar managed to recover losses versus its Japanese counterpart in the European session, now pushing USD/JPY to fresh daily highs on 111 handle...

Technical Analysis of GBP/CHF for April 27, 2016 Technical outlook and chart setups: The GBP/CHF pair is quickly approaching the major resistance around 1.4280/90 levels as depicted on the chart view here...

Technical Analysis of USD/CHF for April 27, 2016 USD/CHF is expected to trade with bearish bias as the key resistance is at 0.9765. The pair remains under pressure below its horizontal resistance at 0.9765, and it is also capped by its falling 50-period moving average...

Technical Analysis of NZD/USD for April 27, 2016 NZD/USD is expected to trade in higher range as this movement is supported by a positive trend line. The pair stays above its key support at 0.6850, and is also supported by a rising trend line...

Technical Analysis of Silver for April 27, 2016 Technical outlook and chart setups: Silver is seen to be trading at $17.30 levels for now after printing highs at $17.43 levels today. The metal is poised to drop lower below $16.80 levels from here and to a base at $15...

Technical Analysis of GBP/JPY for April 27, 2016 GBP/JPY is expected to continue its upside movement. The pair remains bullish above its nearest support at 161.20, and is expected to post a new rebound. The 20-period and 50-period moving averages are turning up, and also play strong support roles...

Technical Analysis of EUR/JPY for April 27, 2016 General overview for 27/04/2016: The market might terminate the wave 2 correction sooner than expected and enter the bullish zone in an impulsive manner. Wave 1 purple with the top at the level of 125...

USD/JPY Bounces-off 111, Tests 5-DMA Before FOMC The US dollar managed to recover losses versus its Japanese counterpart in the European session, now pushing USD/JPY to fresh daily highs on 111 handle...

Technical Analysis USDX for April 27, 2016 The weak Durable Goods orders announced yesterday put some pressure on the Dollar index which initially broke below short-term support but as I said in a previous analysis, at the current levels the Dollar is oversold, and the downside is limited...

Technical Analysis of Gold for April 27, 2016 Gold is still trading inside the triangle pattern and it seems that it is going to test the upper boundary once again very soon. I continue to remain neutral or slightly bearish as long as we are below the resistance of $1,260-70...

Technical Analysis of USD/CAD for April 27, 2015 General overview for 27/04/2016: The count has been a little modified to incorporate the latest developments and it looks like the market is trying to complete a triple zig-zag pattern in the big wave Z brown...

Daily Analysis of Major Pairs for April 27, 2016 EUR/USD: The EUR/USD is still slightly higher in the context of a downtrend...