Roberto Jacobs / Perfil

Gold Technical Analysis for March 21, 2016 Gold price remains in a short-term bearish trend and is making lower lows and lower highs. Price remains inside the sideways channel and as long as we remain above $1,220 there are still chances of a new high towards $1,300...

Technical Analysis of USD/CHF for March 21, 2016 USD/CHF is expected to trade in a lower range as key resistance is set at 0.9745. The pair remains weak below 0.9745, which acts as strong resistance. The relative strength index is above its neutrality area at 50, but lacks upward momentum...

Technical Analysis of NZD/USD for March 21, 2016 NZD/USD is expected to trade in a bearish bias. The pair is in consolidation now after the recent rallies. The relative strength index is mixed, calling for caution...

Technical Analysis of GBP/JPY for March 21, 2016 GBP/JPY is expected to trade in a higher range as a bias remains bullish. The pair stands firmly above its nearest support at 160, and is likely to challenge its nearest resistance at 161.85. The relative strength index lacks downward momentum...

Technical Analysis of USD/CAD for March 21, 2016 General overview for 21/03/2016: The last leg of the corrective cycle in wave Z brown might have been completed at the level of 1.2924, but the market is still trading inside the bearish zone...

Technical Analysis of EUR/JPY for March 21, 2016 General overview for 21/03/2016: The market is still trading inside the neutral zone and the congestion zone is getting tighter and tighter...

Technical Analysis of GBP/CHF for March 21, 2016 Technical outlook and chart setups: The GBP/CHF pair seems to have formed a base around 1.3950 levels today, before rallying towards 1.4005 levels again. The pair is now looking set to push higher towards 1...

Technical Analysis of EUR/USD for March 21, 2016 When the European market opens, some economic news will be released such as Consumer Confidence and Current Account. The US will release economic data too such as Existing Home Sales...

Technical Analysis of USD/JPY for March 21, 2016 In Asia, today Japan will not release any economic data but the US will release some economic data such as Existing Home Sales. So there is a probability the USD/JPY pair will move with low to medium volatility during this day...

ECB’s Villeroy - Negative Rates Effective but Have Limits ECB governing council member Francois Villeroy de Galhau assured markets today the bank is ready to act with right instruments to meet the inflation target, but maintained there is a limit to how low negative rates can go...

GBP/USD Dips Below 1.44 on Brexit Fears GBP/USD dipped below 1.44 handle as political developments in the UK over the weekend put Tory unity on austerity at risk and heightened bears of Brexit...

Daily Analysis of Major Pairs for March 21, 2016 EUR/USD: The EUR/USD pair broke upwards last week, moving north by 280 pips on Wednesday and Thursday. The market could continue going upwards but there is a possibility that the bears might come in and push the price downwards...

Stronger Dollar is Out of the Question for Now - SocGen Kit Juckes, Research Analyst at Societe Generale, suggests that the term ‘Currency Wars’ was used by Brazil’s erstwhile Finance Minister, Guido Mantega, in September 2010 in response to moves by some (Asian) countries to resist upward pressu...

EUR/USD Forecasts: Focus on Risk Trends – UOB and Danske Bank EUR/USD has started the week on a weak note, coming down from recent tops above the 1.1300 handle to the current 1.1265/60 band...

Dovish Central Banks Support Global Financial Markets – Danske Bank Research Team at Danske Bank, suggests that the world’s major economies have held central bank meetings during March and across the central banks there has been a convergence in sending a common message that it is appropriate to...

EUR/GBP in Highs Above 0.7800 The now softer tone around the sterling is allowing EUR/GBP to clinch session highs in the 0.7810/15 band. EUR/GBP attention to risk trends The cross is looking to recover part of last week’s drop to the mid-0...

Fed: Back to Old Habits? - ANZ Research Team at ANZ, suggests that with the benefit of a couple more days and the fact that markets have settled somewhat, it is little easier now to reflect on the Fed’s decision and surprise dovishness last week...

Gold drops below hourly 100-MA Gold prices failed to sustain above 10-DMA and fell below hourly 100-MA level of 1247.84 levels despite drop in the US treasury yields. Drops to $1240 Prices printed a session low of $1240/Oz in early Europe and now continue to trade around $1242 levels...

GBP/USD: Sell-off to Gather Pace at London Open? GBP/USD is now trading with moderate losses with traders fearing an early wobble in London following Duncan Smith’s resignation over the weekend. Politics back in focus Iain Duncan Smith’s resignation is a big loss to Cameron...

US: Existing Home Sales and Fed’s Locker Speech in Focus - TDS Research Team at TDS, suggests that the US economic calendar is quite thin...