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FTSE Set to End May Near Its Highs Despite the FTSE 100 trading slightly lower so far today, it's been a good end to the month for the UK blue chip index which has shrugged off some early weakness and is currently marginally higher for May...
Analytics & Forecasts
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Roberto Jacobs, 31 May 2016, 12:42
Gold Inter-Market: Closely Follows US Equities and USD/JPY Price Behaviour The bounce-back in the gold prices seen so far this week from just below $ 1200 threshold can be mainly attributed to the fall in the US equities amid increasing risk-off trades, as reflected by rising VIX...
Analytics & Forecasts
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Roberto Jacobs, 31 May 2016, 12:38 #gold
USD/JPY Remains Bid Above 109.70 – Commerzbank In opinion of Karen Jones, Head of FICC Technical Analysis at Commerzbank, the pair’s upside remains well and sound while above the 109.70 level. Key Quotes “USD/JPY has remained above the 55 day ma and is immediately bid above 109...
Analytics & Forecasts
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Roberto Jacobs, 31 May 2016, 12:33
Daily Recommendations on Major -USD/JPY DAILY MARKET OUTLOOK on Major USD/JPY Update Time: 31 May 2016 09:07 GMT USD/JPY - 111.02 Although price has eased after yesterday's rally to a fresh 1-month peak at 111...
Analytics & Forecasts
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Roberto Jacobs, 31 May 2016, 12:30
Gold Finds Support at 1200 Ipek Ozkardeskaya The US dollar has been firming since Friday as Federal Reserve (Fed) Chair Janet Yellen hinted at the possibility of a rate increase in the ‘coming months' at her speech last Friday...
Analytics & Forecasts
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Roberto Jacobs, 31 May 2016, 12:26 #gold
Daily economic digest from Forex.ee Stay informed of the key economic events Tuesday, May 31st EUR/USD is losing its positions, down from 1.1150 level on the back of weak German retail sales. Today Eurozone will publish Consumer prices that expectedly will show 0.1% dip on a yearly basis...
Analytics & Forecasts
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EEAnalytics, 31 May 2016, 12:21
EUR/USD Forecast: Consolidating at Lows ahead of US Data After a long weekend, volatility picked up in Asia, although the EUR/USD pair remains quietly consolidating within its latest range, a handful of pips above the 1.1100 figure...
Analytics & Forecasts
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Roberto Jacobs, 31 May 2016, 11:54
USD/JPY Swings Back Above 111 on Sales-Tax News-Led Uncertainty Fresh selling seen in the Japanese currency over the last hour, lifted USD/JPY back on the bids above 111 handle, while markets now await the US economic data for further incentives. USD/JPY finds support above daily pivot at 110...
Analytics & Forecasts
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Roberto Jacobs, 31 May 2016, 11:51
EUR/USD Depressed Near 1.1130 on CPI The shared currency keeps the negative territory on Tuesday, taking EUR/USD to the 1.1130/20 band...
Analytics & Forecasts
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Roberto Jacobs, 31 May 2016, 11:46 #CPI
FxWirePro: BTC/USD Faces Strong Resistance at $550 , Good to Buy at Dips BTC/USD has declined after making a high of $540. It is currently trading around $530. Short term trend is bullish as long as support $470 (resistance turned into support) holds...
Analytics & Forecasts
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Roberto Jacobs, 31 May 2016, 11:07
GBP/JPY Reverses a Dip to 161.60, Back Above 162 The cross in the GBP/JPY traded volatile this Tuesday, swinging both sides in extreme ranges, before finally stabilizing in the red above 162 handle. GBP/JPY on a see-saw ride Currently, GBP/JPY trades -0.31% to 162...
Analytics & Forecasts
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Roberto Jacobs, 31 May 2016, 11:05
Forex Technical Analysis: EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, GOLD Analysis for May 31st, 2016 EURUSD, "Euro vs US Dollar" Being under pressure, Eurodollar is falling. We think, today the price may reach 1.1085 and then form another ascending structure with the target at 1.1263...
Analytics & Forecasts
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Roberto Jacobs, 31 May 2016, 11:01 #USDRUB, usdchf, forex
Analysis : Triangle has broken through the resistance line at 31-May-04:00 2016 GMT. Possible bullish price movement forecast for the next 2 days towards 0.729. Supporting Indicators : Upward sloping Moving Average Resistance Levels...
Charts
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Lahcene Ouled Moussa, 31 May 2016, 10:55
GBP/USD Turns Volatile, Drops to 1.4568 and Returns to 1.4600 Handle The GBP/SUD pair erased all of the latest 'Brexit' poll result gains to 1.4724 and dropped sharply below 1.4600 handle to 1.4568 and is currently trading off session low at 1.4600...
Analytics & Forecasts
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Roberto Jacobs, 31 May 2016, 10:54
USD/CAD Off-Highs, Around 1.3060 Ahead of Canadian GDP The US dollar keeps the upper edge against its Canadian counterpart for the third straight session, now pushing USD/CAD back towards 1.3050 level. USD/CAD trades below 10-DMA at 1.3068 Currently, the USD/CAD pair jumps +0.11% to 1...
Analytics & Forecasts
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Roberto Jacobs, 31 May 2016, 10:47
Japanese Stocks Closed Purely Green European shares posted major gains European stocks rallied on Friday in vigorous volumes, extending their new-year gains amid expectations of a pick of a rate hike from the US Federal Reserve at either its June or July meeting...
Analytics & Forecasts
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Roberto Jacobs, 31 May 2016, 10:45
Euro Breaks Through Trend Line Yesterday's Trading: On Monday the euro/dollar spent the evening in a sideways after reaching 1.1144. This was due to low activity due to it being a day off in the US...
Analytics & Forecasts
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Roberto Jacobs, 31 May 2016, 10:42
USD: Currency Index & Volatility Relative Currency Strength The British pound retained the leading position for the second week in a row. Nevertheless, the gap between the pound and its peers has narrowed, and GBP Index showed only a 1.38% gain...
Analytics & Forecasts
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Roberto Jacobs, 31 May 2016, 10:39
Daily Forex Fundamental Overview Fundamental Analysis EUR "We have shown in the past that we can be very creative within our mandate. When people ask: "Are you ready for a new shock?", I always answer: trust us, we always find the means within the scope of our mandate". - Peter Praet, ECB...
Analytics & Forecasts
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Roberto Jacobs, 31 May 2016, 10:35
Oil Stuck Below $50.00 Ahead of This Week's OPEC Meeting WTI crude oil futures remained stuck below $50.00 psychological mark, within a narrow trading band, as investors look ahead to this week's major event, OPEC biannual meeting on June 2. At the time of writing, oil was trading down by 0...
Analytics & Forecasts
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Roberto Jacobs, 31 May 2016, 10:31