Roberto Jacobs / Perfil

USD/CHF Fails at Tuesday’s High, Ignores Weak Swiss GDP The Swiss franc strengthened somewhat versus its US counterpart in the European morning, despite the release of weaker-than expected Switzerland’s GDP data. USD/CHF rejected at 0.9950 Currently, the USD/CHF pair trades almost unchanged at 0...

EUR/USD Near 1.1120 Ahead of PMIs EUR/USD is prolonging its leg lower halfway into the week, currently trading in the 1.1130/20 band ahead of PMIs in Euroland. EUR/USD focus on PMIs, US ISM Spot is looking to snap a 4-week negative streak after the rejection from early May tops at 1.1615...

Oil: Could Higher Prices Flick the Switch? – ANZ Research Team at ANZ, suggests that at around USD50 a barrel, oil is pretty cheap but in change terms, however, the increase has been dramatic...

Dollar Weakens Against Other Major Currencies After Downbeat Consumer Confidence: Jun 1, 2016 Market Review - 31/05/2016 23:10GMT Dollar weakens against other major currencies after downbeat consumer confidence The greenback weakened against other major currencies on Tuesday after U.S...

EURGBP - We look to Buy at 0.7660 (stop at 0.7635) EURGBP - Bespoke support is located at 0.7585. Bullish Outside Day posted, a pattern that often indicates the end of a bearish run and the start of a new upward bias. The 161.8% Fibonacci extension is located at 0.7691 from 0.7564 to 0.7643...

CADJPY While Above 83.9 Can Extend Higher Short term Elliottwave structure suggests that dip to 82.88 on 5/24 ended wave X. Rally from there is unfolding as a double three where wave ((w)) ended at 85.17, wave ((x)) ended at 83.88, and wave ((y)) is in progress...

Could There be Further Upside Potential on the Horizon for the GBPCHF? Whilst the Cable is presently taking a bit of a thrashing, the GBPCHF could be setting up to perform a final leg of an Elliot wave which could have some significant upside potential...

USDCHF: Looks To Resume Broader Uptrend USDCHF: Having the pair continued to maintain its medium term upside bias, trend resumption is envisaged. On the downside, support lies at the 0.9900 level. A turn below here will open the door for more weakness towards the 0.9850 level and then the 0...

Where To Sell EUR/USD? - Credit Suisse EUR/USD’s challenge of key support at 1.1097/1058 – the 200-day average, 50% retracement level and price support – has led to fresh buying for a bounce higher, notes Credit Suisse...

EUR/JPY Erodes Over 2 Big Figures on JP Sales-Tax Decision The European currency was heavily battered by its Japanese rival in the late-Asian/ early European trades, knocking-off EUR/JPY to fresh three-week lows. EUR/JPY: 122 handle tested The EUR/JPY pair sinks -0.81% to 122...

EUR/GBP Upside Faltered Ahead of 0.7700 Yesterday’s abrupt drop of the sterling has allowed EUR/GBP to recover ground lost, although the bull run lost momentum just below 0.7700 the figure...

GBP/USD Sidelined Below 1.45 Ahead of Data The sterling is trading almost unchanged vs. the greenback on Wednesday, with GBP/USD navigating the 1.4480/85 band so far. GBP/USD focus on UK data The pair is posting meager gains today following yesterday’s drop from the area above the 1...

EUR/USD Under Pressure Below 5-DMA, PMIs in Focus EUR/USD is seen moving side-ways since the mid-Asian trades, having failed several attempts to reclaim 1...

GBP Futures Open Interest: Long Liquidation Post ICM Brexit Poll Preliminary data from the CME Group shows that futures traders withdrew liquidity during yesterday's 6B slide (GBP/USD), following a built-up of long-sided business in the Sterling market in anticipation that the 'Bremain' campaign...

FxWirePro: Gold Fails to Sustain Above Key Resistance at $1218, Good to Sell on Rallies XAU/USD is currently trading around $1214 marks. It made intraday high at $1219 and low at $1213 marks. Intraday bias remains bearish till the time pair holds key resistance at $1222 marks...

FxWirePro: Upbeat GDP Data Buoys Aussie Bulls, AUD/CAD Extends Gains Above 23.6% Fib, Stay Long Upbeat Australian GDP report boosts Aussies bulls. Australia’s Q1 GDP q/q came in at +1.1% versus +0.8% expected and from +0.7% prior (revised higher from +0.6...

Asian Markets in Red, Gold Hovers Around Key Resistance at $1218 All the major Asian indices are trading on a negative note on Wednesday. On the other side, Gold gains in early Asian hours but fails to sustain above key resistance at $1218 marks and hovers around $1215 levels...

APAC Currency Corner – Brexit fallout During the past twelve months, investors have built a towering wall of worry around themselves as they brood about everything from a global economic slowdown to collapsing oil prices. Now we have a possible Brexit on the horizon...

AUD/USD Deflates to 200-DMA, Aus GDP-Led Rally Short-Lived The AUD/USD pair reversed almost a quarter of the Australian GDP-induced sharp rally as we head towards late-Asia, with poor risk tone on weak Chinese PMI readings extending bearish pressure on the major...

Sell NZD/USD on Strength, Buy USD/CHF on Dips - Westpac Research Team at Westpac, suggests to sell NZD on strength at 0.6840, stop at 0.6910. Key Quotes “The US dollar continues to strengthen - up 4.2% since 3 May - pushing NZD/USD lower...