Roberto Jacobs / Profil

FxWirePro: Singapore Dollar Erases Previous Loss Against US Dollar, Good to Sell on Rallies USD/SGD is currently trading around 1.3787 marks. It made intraday high at 1.3803 and low at 1.3780 levels. Intraday bias remains bearish till the time pair holds key resistance at 1.3828 levels...

EURUSD Daily Forecast: May 20 2016 EURUSD Forecast The EURUSD was indecisive yesterday and now struggling around the daily EMA 200 support as you can see on my daily chart below. The bias remains bearish in nearest term but note that we need a clear break below the daily EMA 200 and 1...

GBPUSD Daily Forecast: May 20 2016 GBPUSD Forecast The GBPUSD was indecisive yesterday. The bias is neutral in nearest term probably with a little bearish bias testing 1.4500 area. On the upside, key resistance remains around the daily EMA 200 located around 1.4700 region...

USDJPY Daily Forecast: May 20 2016 USDJPY Forecast The USDJPY was indecisive yesterday but overall still able to maintain its bullish bias. The bias remains bullish in nearest term testing 110.65. Immediate support remains around 119.50...

USDCHF Daily Forecast: May 20 2016 USDCHF Forecast The USDCHF continued its bullish momentum yesterday topped at 0.9922 as a bullish continuation after broke above 0.9795 key resistance. The bias remains bullish in nearest term testing 1.0000 area. Immediate support is seen around 0.9860...

Pound Bid on UK Retails Sales - ANZ Analysts at ANZ noted that there were very strong retail sales data for April for the UK overnight. Key Quotes: "Headline sales rose 1.3% m/m and March's fall was revised significantly to -0.5% vs -1.3...

FOMC Minutes Keeping Dollar Bid - FXStreet Valeria Bednarik, chief analyst at FXStreet explained that the hawkish tone of the FOMC Minutes kept the dollar running this Thursday, as investors were caught on the wrong side of the market when the Central Bank opened doors for a June rate hike...

Commodities: Oil Solid on Supply Disruption Concerns - ANZ Analysts at ANZ noted that commodities were weaker across the board as the stronger USD weighed on investor sentiment...

AUD/USD: In a Correction on Daily Lows of 0.7176 AUD/USD is currently trading at 0.7226 in a recovery and correction of the FOMC minutes slide that was extending this month's downside and April's reversal. The key focus overnight was with the Fed yet again after yesterday's hawkish minutes...

USD/JPY: Bid and Attempting Territory on 110 Again USD/JPY is losing the conviction on the 110 handle having been unable to progress to the mid point and has stalled at 110.37 highs. USD/JPY made lows of 109...

Fed-Inspired Volatility a Silver Lining for Precious Metals...

Analytical Review of the Stocks of United Technologies Corporation of 19.05.2016 United Technologies Corporation, #UTX [NYSE] Industrial goods Spacecrafts, USA Financial performance of the company: Index – DJIA, S&P 500...

Fed: We Believe FOMC will Wait Until September to Raise Rates - Danske According to analysts from Danske Bank, the minutes from the latest FOMC meeting showed a divided committee and they continue to expect the next rate hike to take place in September...

AUD/USD Consolidates Around 0.7200, Still Under Pressure AUD/USD stabilized around 0.7200 during the last hours as the US dollar pulled back across the board after a strong rally that followed the release of the minutes from the Federal Reserve yesterday...

FxWirePro: AUD/USD Hits 2 1/2-Months Low, Outlook Bearish The AUD/USD pair declined to hit 2 ½ month low on Thursday, as commodity currencies weakened across the board after oil prices declined sharply following Feds meeting indicating that the US central bank will more likely raise interest rate...

Stocks Drop as Hike Fears Return Stocks sharply lower at US open June rate hike not such a crazy idea UK consumers bat off Brexit fears Anxiety is setting in for financial markets, as the proposition of another rate hike from the Fed draws the bears out once more...

EUR/USD Turns Positive Above 1.1200 The common currency is extending its rebound from sub-1.1200 levels vs. the dollar, sending EUR/USD back to the positive territory near 1.1220...

USD/JPY Supported by Hawkish FOMC Minutes - MUFG Analysts from The Bank of Tokyo-Mitsubishi UFJ, explained that the hawkish Federal Reserve stand regarding interest provides more support to the USD/JPY that is expected to retain a neutral bias next week, trading around 109.00 and 112.00...