Roberto Jacobs / Profil

AUD/USD Could Test the 0.7760 Area – Commerzbank In view of Karen Jones, Head of FICC Technical Analysis at Commerzbank, the Aussie dollar could see its upside renewed and attempt a test of 0.7760. Key Quotes “AUD/USD continues to ease lower very near term from the recent...

USD/CAD Printing Highs Near 1.3400 Ahead of FOMC The greenback is extending the positive note vs. its Canadian neighbour on Wednesday, now pushing USD/CAD to the area of 1.3480/85. USD/CAD firmer ahead of US data Spot is extending its rebound from recent lows in sub-1...

NZ Dollar Extends Slide On Weaker Commodity, Dairy Prices The New Zealand dollar continued to be weaker against the other major currencies in the Asian session on Wednesday following the decline of the prices of dairy products and other commodities...

GBP/USD Weaker, Breaks Below 1.4100 The British pound keeps losing altitude on Wednesday, now sending GBP/USD back below the 1.4100 critical support...

USD/JPY Challenges Highs Near 113.70, FOMC on Sight The Japanese currency is giving away part of the recent gains vs. its American counterpart, lifting USD/JPY to the upper bound of the range near 113.70...

FXWIREPRO: EUR/JPY Struggles to Extend Gains Above 126 Handle EUR/JPY is seeing a small recovery after 2 consecutive sessions of losses, but upside in the pair capped at 126 handle...

Technical Analysis of EUR/USD for March 16, 2016 When the European market opens, some economic news will be released such as the German 10-y Bond Auction...

Technical Analysis of USD/JPY for March 16, 2016 In Asia, Japan will not release any economic data but the US will release some economic data such as the Federal Funds Rate, FOMC Statement, FOMC Economic Projections, Crude Oil Inventories, Industrial Production m/m, Capacity Utilization Rate, Hou...

Technical Analysis of EUR/JPY for March 16, 2016 Technical outlook and chart setups: The EUR/JPY has dropped lower towards 125.00 levels as expected and discussed earlier, before pulling back. The pair is seen to be trading at 125.90 levels but intraday rallies should remain well capped below 127...

Technical Analysis of GBP/CHF for March 16, 2016 Technical outlook and chart setups: The GBP/CHF pair has dropped below 1.4000 levels beyond what was expected and discussed earlier, but the pair is still above 1.3900 levels and that makes a valid case for a Wave 4 correction...

FOMC is Here: How toTtrade it? – TDS Research Team at TDS, suggests that the overall tone of the March FOMC meeting should be mixed, reflecting a Fed that is comfortable enough with the recent easing in financial conditions to reassert its tightening bias...

Trading the FOMC – Deutsche Bank Alan Ruskin, Macro strategist at Deutsche Bank, suggests that the USD is expected to respond favorably to the FOMC’s signals, contrary to the pattern seen after the last four FOMC meetings with press conferences...

Gold Trades Comatose in Asia as Investors Await Fed Gold traded on a flat note as investors consider the possibility of Fed indicating a possibility of rate hike this year...

Daily analysis of USDX for March 16, 2016 USDX is extending the corrective bullish move towards the 200 SMA zone at the H1 chart, which is very close to the resistance level of 96.98...

Daily Analysis of GBP/USD for March 16, 2016 The H1 chart is still showing a strong support around the 1.4141 level, where a rebound can happen towards the resistance zone of 1.4190, in order to attempt a breakout higher to resume the overall bullish bias...

New Zealand Q4 Current Account Deficit Widens New Zealand's current account deficit increased in the three months ended December, mainly due to a fall in earnings from both goods and services exports, figures from Statistics New Zealand showed Wednesday...

Pound Drops Against Most Majors The British pound weakened against most major currencies in the Asian session on Wednesday. The pound fell to a 6-day low of 1.4124 against the U.S. dollar, from yesterday's closing value of 1.4149. Against the euro and the Swiss franc, the pound edged down to 0...

USDCAD: Rally continues - Scotiabank Research Team at Scotiabank, notes that the USDCAD continues to rally from Friday’s fresh multi-month low, testing near term resistance around 1.3400 at the upper bound of the descending wedge formation off the January highs...

Yen Falls Against Majors The Japanese yen weakened against the other major currencies in the Asian session on Wednesday. The yen fell to 126.01 against the euro, 160.45 against the pound and 114.96 against the Swiss franc, from yesterday's closing quotes of 125.68, 160.07 and 114.54, respectively...

BoE Interest Rate Expectations – Lloyds Bank Gajan Mahadevan, Research Analyst at Lloyds Bank, suggests that the changes in UK rate expectations have been a key factor in the decline in GBP/USD...