Roberto Jacobs / Profil

USD/JPY: Bears Take a Breather, Selling Stalls Near 108.50 The bears took a breather from the ongoing downward spiral, allowing a minor recovery in USD/JPY from session lows just near the mid-point of 108 handle. USD/JPY re-attempts 109 handle...

Global Sentiment Improves, Pound Steadies - Investec Research Team at Investec, suggests that after a sustained period of risk aversion in financial markets it was a sigh of relief to see 'risky assets' perform better yesterday...

Elliott Wave Analysis of EUR/NZD for May 11, 2016 Wave summary: Support at 1.6610 should ideally be able to protect the downside for the next rally closer to 1.7273 and higher. A break below 1.6610 will be of concern and question the rally from the 1.6063 low. A break below 1...

Elliott Wave Analysis of EUR/JPY for May 11, 2016 Wave summary: The big question here is whether we only have seen red wave [iii] at 124.45 and red wave [iv] to maximum 123.24 now is unfolding or whether we already have seen the top of wave [i] at 124.45...

Technical Analysis of EUR/USD for May 11, 2016 When the European market opens, no economic news will be released from the euro zone today. However, the US will release several economic reports such as Federal Budget Balance, 10-y Bond Auction, and Crude Oil Inventories...

Technical Analysis of USD/JPY for May 11, 2016 In Asia, Japan will release the leading indicators. The US will release some economic data such as Federal Budget Balance, 10-y Bond Auction, and Crude Oil Inventories...

GBP: Brexit Risk Continues to Cloud Outlook for BoE Policy - MUFG Lee Hardman, Currency Analyst at MUFG, suggests that the main event for the pound this week will be the latest update from the BoE tomorrow on their outlook for monetary policy...

Nothing Has Changed to Expect Changes in BOE Monetary Policy - Hedge Weaker Sterling Again In UK, the central bank maintained an unchanged interest rate at 0.50% in previous monetary policy, all MPC members unanimously voted for this decision...

European Bonds Marginally Up on Weak Risk Sentiments The European bonds were trading marginally higher on Wednesday as investors pour into safe-haven assets amid losses in riskier assets including stocks and oil...

FxWirePro: DAX Faces Resistance at 21 Day MA, Good to Sell on Rallies Major resistance- 10125 (21 day MA) Major support – 9950 (55 day EMA) DAX has made a high of 10110 yesterday and declined till 9970 at the time of writing. It is currently trading around 9985...

Goldman Sachs: US Dollar Slump is Over In an interview with Bloomberg Radio, Goldman Sachs’s New York-based chief currency strategist, Robin Brooks, noted the US dollar downtrend is over. Key Quotes: We remain dollar bullish and think the trajectory is higher from here...

European Stocks Drop Amid a Calm Session The stocks on the European bourses snapped previous rally and turned back into the red zone, closely tracking the oil price action and risk sentiment prevalent in the markets...

EUR/USD Remains Capped Below 1.1400, Awaits Fresh Impetus The EUR/USD pair continues to trade around a flat-line amid poor risk environment, awaiting from the Euro zone industrial figure due tomorrow. EUR/USD trades below daily R1 at 1.1401 Currently, EUR/USD trades 0.12% higher at 1...

Daily Analysis of USDX for May 11, 2016 USDX is still trading in a bullish tone on H1 chart and a rally is expected to test the resistance zone of 94.56. The overall structure remains pointing to the upside as long as the Index breaks the strong resistance around the 94...

Daily Analysis of GBP/USD for May 11, 2016 The pair found a temporal support around the 1.4430 level, but still we can see that a bearish tone is placed below the 200 SMA. However, a breakout above the resistance zone of 1.4549 will push the cable higher to test the 1.4635 level...

FxWirePro: EUR/SEK Fails to Sustain Above Key Resistance at 9.2916, Intraday Bias Remains Bearish EUR/SEK is currently trading around 9.2877 levels. It made intraday high at 9.2895 and low at 9.2654 levels. Intraday bias remains bearish for the moment. A daily close below 9...

FxWirePro: BTC/USD Struggles to Break Above $470, Good to Buy at Dips Major resistance -$470 (Apr 26th 2016) BTC/USD has once declined till $447 after making a high of $464.79.It is currently trading around $453...

AUD/USD Drops to Session Lows, Stuck Around 0.7330 Confluence Region The AUD/USD pair reversed from its early Asian session spike to 0.7390 and has now dropped to a fresh session low of 0.7335...

GBP/USD Drops Further on UK Data, 1.4400 Eyed The GBP/USD pair ran through fresh offers following the release of below estimates UK industrial production data, which weighed heavily on the British pound. GBP/USD slips below 5-DMA at 1.4427 The GBP/USD pair trades -0...