Roberto Jacobs / Profil

BoE: Could Forward Guidance Be Due for Another Change...

USD/CHF Slips for Fourth Straight Day, Might Hold 0.9600 Level Disappointing May jobs report continue to weigh on the US Dollar with the USD/CHF pair dropping to monthly low level of 0.9624 despite of weaker-than-expected Swiss CPI print...

FxWirePro: DAX30 Faces Strong Resistance at 10500, Good to Sell on Rallies Major resistance – 10450-10500 (161.8% retracement of 10285 and 10038 and Apr 21st high) Major support – 10000 (90 day EMA) DAX has jumped till 10317 yesterday after making a low of 10038 on 3rd Jun 2016...

Chinese Imports Jump Lifting AUD and NZD Market Drivers June 8, 2016 Chinese exports rise boosting commdollars UK MP/IP beats Nikkei 0.93% Dax -0.46...

AUD/JPY T-89 Pattern Suggesting a Possible Bounce The AUD/JPY pair spiked after a V shaped reversal at the bottom spiking up to 80.30, slightly below H3 camarilla pivot. Now moment price action is showing a completed T-89 pattern right off L4 support where we can see a confluence zone (L4, 38...

OECD: Leading Indicators Point to Stable Growth in Euro Area The Paris-based research body, Organisation for Economic Co-operation and Development (OECD) is out with their latest outlook on the global economy based on the leading indicators, which suggests continued to slowdown in the UK and Ital...

EUR/PLN Bounces Off Lows on NBP Decision The Polish Zloty is partially eroding its earlier advance vs. its European peer, pushing EUR/PLN to the 4.3460 area...

GBP/USD Forecast: Choppy Price Action Ahead of the Referendum The GBP/USD pair trades neutral around its daily opening, bouncing from a daily low set at 1...

USDCHF: Vulnerable, Targets Further Weakness USDCHF: Having the pair declined further on Tuesday, it looks to extend that weakness in the days ahead which is already underway. On the downside, support lies at the 0.9650 level. A turn below here will open the door for more weakness towards the 0...

Crude Oil Target 3 Hit with Chinese Oil Imports Up 38% Crude Oil, daily Crude oil price is at the time of writing trading higher with support given to it by the hefty increase in Chinese import numbers, low US oil inventories and fears that Nigerian oil production might attract new attacks from t...

GBP/USD: Off-Highs, Consolidates Around 20-DMA The GBP/USD pair reversed entire upward rally triggered by surprisingly positive UK industrial production data and reverted to the negative territory amid persistent risk-off market profile, reflected by lower UK gilt yields. GBP/USD rejected at 1...

EUR/USD Parked Around 1.1370, Bunds, Oil Eyed EUR/USD is now attempting a consolidative pattern around 1.1370, all within a narrow range between 1.1350 and 1.1380. EUR/USD looks to German FI The pair is recovering from the earlier knee-jerk to the mid-1...

European Stocks Back in the Red as Global Growth Woes Resurface The European stocks snapped the previous rebound and fell into losses this Wednesday as worries over Brexit aggravated, while global growth concerns returned to markets and dampened the investors’ sentiments...

GBP/USD Still Neutral Short-Term – UOB The research team at UOB Group sees unchanged the neutral outlook on GBP/USD for the next 1-3 weeks. Key Quotes “GBP inexplicably surged to a high of 1.4664 before reversing as quickly back to a low of 1.4494...

USD/CAD Extends Downslide to a Fresh 5-Week Low As WTI crude oil prices are sustaining strength above $50.00/barrel psychological mark, the USD/CAD pair extended its slide for fourth consecutive day to currently trade at a fresh 5-week low level of 1.2715...

EUR/USD Could Test 1.16 Near-Term – Westpac In view of strategists at Westpac, the pair could re-visit the area of 1.1600 in the next sessions...

Rallies in EUR/USD Could Falter Around 1.1465/95 – Commerzbank According to Karen Jones, Head of FICC Technical Analysis at Commerzbank, the pair’s upside could find strong resistance in the 1.1465/95 band. Key Quotes “EUR/USD is approaching initial resistance at 1.1415/20, the 61...

Investors Still Protecting Themselves from Potential Brexit Paul Hollingsworth, UK Economist at Capital Economics, on ‘Brexit' and GBP According to the latest polls conducted across the UK, the ‘Remain' campaign continues to strengthen its position among voters ahead of the June 23 referendum...

GBP/USD Clinches Highs Post-Data The British pound has recovered the smile today, now pushing GBP/USD to fresh tops in the vicinity of 1.4580. GBP/USD boosted by UK releases The pair managed to advance to session peaks in the 1.4580 area after UK’s Industrial Production expanded 2...

GBP/JPY Recovers to 156.00 on Upbeat UK Manufacturing Data After witnessing a volatile session on Tuesday, the GBP/JPY cross turned lower on Wednesday before recovering sharply to 156.00 level on upbeat UK manufacturing data. Earlier during the day, the cross dropped close to 155...