Roberto Jacobs / Profil

Oil Drops -1.5% Amid Growing Supplies, Stronger USD Oil benchmarks on both sides of Atlantic dives deeper in the red this Thursday, extending heavy losses witnessed a day before, as rising US crude supplies and Iran’s output dampened the sentiment around the black gold...

Daily Analysis of Major Pairs for May 19, 2016 EUR/USD: This currency trading instrument went downwards on Wednesday – just in the opposite direction to the USD/CHF. The EMA 11 is below the EMA 56, while the RSI is below the level 50...

FxWirePro: USD/INR Hits Fresh 1-month High at 67.26, Intraday Bias Remains Bullish USD/INR is currently trading around 67.22. It made intraday high at 67.26 and low at 67.12 marks. Intraday bias remains bullish till the time pair holds key support at 66.82 marks. A daily close above 67...

FxWirePro: EUR/GBP Downside Stalls at 38.2% Fib, Break Below Needed for Further Downside - Short on Break Below 0.7683 British currency outperformed its major rivals, boosted by Brexit polls results that showed an increase in favor of the “stay” position...

Gold Breaks Major Support $1256, Decline Till $1230 Is Possible - Good to Sell on Rallies Major support - $1256 (200 day 4H MA) Major intraday resistance - $1265 The yellow metal has declined drastically on stronger dollar and declined 1.5% yesterday...

Australian Bonds Plunge on Hawkish FOMC Minutes The Australian government bonds plunged on Thursday after minute release from the April FOMC meeting that indicated policymakers were in support of a move to raise rates in June if the economy supported it...

Fed Signals Rate Hike in June on Conditions of Economic Improvement The minutes of the April 26-27 Federal Reserve Open Market Committee Wednesday signaled markets of a possible rate hike in June, if the US economy good track of improvement...

Guide to Today's Important Data and Events Quite a handful of economic dockets scheduled for today and some with high volatility risks associated. Data released so far – Australia – Unemployment rate for April declined to 5.7...

GBP/USD Off Highs, Back below 1.46 ahead of UK Data The Sterling is now giving away part of yesterday’s strong gains, prompting GBP/USD to retreat to sub-1.4600 levels. GBP/USD focus on UK’s docket The pair has clinches fresh 2-week highs beyond the 1...

NZD/USD Flirts with 100-DMA Support Near 0.6730 The NZD/USD pair keeps the ongoing bearish momentum intact and now tests weekly lows amid broad based USD strength and oil-price sell-off. NZD/USD hovers around 100-DMA Currently, the NZD/USD pair trades -0.18% lower at fresh session lows of 0...

Australia: Not Yellen Yet, Just Hinting – ANZ Research Team at ANZ, suggests that low volatility, even lower bond yields globally, and tighter credit spreads have provided a favourable backdrop for Australian corporates to issue and investors hungry for yield are providing a willing buyer...

EUR/USD Mires Near Multi-Week Lows, 1.1200 a Whisker Away The EUR/USD pair is currently consolidating the downside on 1.12 handle, as the bears take a breather from yesterday’s massive sell-off spurred by surprisingly hawkish FOMC April meeting minutes...

USD and US Interest Rates Headed North after FOMC Minutes – Westpac Martina Song, Research Analyst at Westpac, notes that the US dollar and US interest rates rose sharply after the minutes of the Fed’s 26/27 April meeting were released...

Gold Attempts Recovery from FOMC-Minutes-Led Slide Gold found support once again at 1255 levels in early Asia, and from there takes on the recovery mode as the greenback moves-off seven-week tops reached a day before against its major peers after the FOMC minutes...

FxWirePro: AUD/USD Breaks 61.8% Fib, Hits Fresh 11-Week Lows on Poor Jobs Data - Short Rallies around 0.72 AUD/USD extends decline, hits fresh 11-week lows at 0.7199, in a knee-jerk reaction to weak Australian jobs report. Australia's unemployment rate held steady at 5...

FxWirePro: USD/SGD Hits Fresh Monthly High at 1.3828, a Break Above Targets 1.3851 USD/SGD is currently trading around 1.3801 marks. It made intraday high at 1.3828 and low at 1.3801 levels. Intraday bias remains bearish till the time pair holds key resistance at 1.3828 levels...

FxWirePro: USD/JPY Corrects Lower from FOMC Led Rally, 110.50-60 Stiff Resistance Zone - Go Long on Break above 110.60 FOMC minutes were the main catalyst overnight, revealed that the US interest rate hike is back on the cards this June. USD/JPY spiked all the way to hit session highs at 110...

FxWirePro: NZD/USD Breaks Major Trendline Support at 0.6740, Targets 0.6675 USD extends gains after the latest FOMC minutes revealed that the US interest rate hike is back on the cards this June...

FxWirePro: USD/KRW Hovers Around Key Resistance at 1193, a Break Above Targets 1211 USD/KRW is currently trading around 1190 levels. It made intraday high at 1191 and low at 1188 levels. Intraday bias remains neutral for the moment...

FxWirePro: ASX200 Faces Strong Resistance at 5400, Good to Sell on Rallies Major resistance - 5400 Major Support - 5300 ASX200 has broken minor support 5335 and declined till 5312. It is currently trading at 5322. Short term trend is slightly bearish as long as resistance 5400 holds...