Roberto Jacobs / Profil

GBPUSD Daily Forecast: March 08 2016 GBPUSD Forecast The GBPUSD was indecisive yesterday. Price attempted to push lower bottomed at 1.4133 but whipsawed to the upside and closed higher at 1.4262. The bias is bullish in nearest term testing 1.4300...

USDJPY Daily Forecast: March 08 2016 USDJPY Forecast The USDJPY had a bearish momentum yesterday and slipped below 113.15 earlier today. The bias is bearish in nearest term especially if price able to make a clear break and consistent movement below 113.15 testing 112...

USDCHF Daily Forecast: March 08 2016 USDCHF Forecast The USDCHF was indecisive yesterday. Price attempted to push higher, topped at 1.0012 but whipsawed to the downside and closed lower at 0.9950. Once again, 1...

EUR/USD Regains Momentum, Challenges Monday’s High The EUR bulls appear to have taken a breather in the Asian trades, with EUR/USD now consolidating the recent bullish run to 200-DMA at 1.1045 levels. EUR/USD extends beyond 1.1000 Currently, EUR/USD trades 0.08% at fresh session highs of 1...

USD/JPY Breaking to the Downside Below 113 Handle USD/JPY is catching the attention of the FX space, with the downside opening up and testing through the 113 handle marking a fresh low of the month at 112.87 so far and lowest level since the 29th Feb recovery at 112.23...

USD/CAD Breaks Below 1.3300 USD/CAD turned lower and hit fresh daily lows, as the Canadian dollar strengthened in tandem with oil prices, which are pushing to fresh session highs. USD/CAD fell nearly 100 pips over the last hours and bottomed out at 1...

Gold/EUR Strengthens Ahead of ECB Meeting Gold prices in the EUR terms or XAU/EUR pair advanced on Monday as investors weigh in a possibility of an aggressive ECB action on Thursday. Eyes Jan 2015 high Prices are eyeing January 2015 high of EUR 1164...

USD/CHF Rises Above Parity USD/CHF rose through the parity level and struck fresh 1-week highs as the Swissy is among the worst performers on Monday. The Swiss franc has been under pressure amid increasing speculation the SNB could take preemptive action to limit any post ECB fallout...

GBP/JPY: Bearish Momentum Stalls Near 23.6% Fibo Level The bears gained an upper hand on Monday, but failed to push the GBP/JPY cross below 160.32 (23.6% of 175.02-155.78) levels...

EUR/CHF on the Rise, 1.10 Closer The Swiss franc continues to depreciate vs. its European peer on Monday, now sending EUR/CHF to test daily highs near 1.0970. EUR/CHF eyes on ECB meeting The cross is navigating 2-week highs in the upper-1...

Australian Dollar Recovers Against Majors The Australian dollar trimmed its early losses against its major rivals in Europe on Monday. The aussie bounced off to 0.7430 against the greenback, 1.4743 against the euro, 84.39 against the yen and 0.9925 against the loonie, from its previous lows of 0...

Gold Holds 13-Month Highs Gold futures were flat Monday morning, holding strong recent gains ahead of what is expected to be a quiet week in most major markets...

Crude Oil Jumps Above $36 As Rally Gathers Momentum Crude oil futures continued to rise Monday morning after a deal to freeze output from a number of major producers...

Bullish Oil Bets Rise to New Record High Weekly futures and options data from InterContinental Exchange released today showed money managers increased their bullish bets on higher oil price to a new record...

EUR/USD Unable to Pick-up Pace EUR/USD made a tepid attempt to recover ground but failed to gather momentum and remained capped by the 1.0975 zone. EUR/USD retreated from Friday's peak and steadied around the 1.0950 level as investors continue to digest US employment data...

AUD/USD Regains 0.7400 and Above The buying interest seems to have now returned to the Aussie dollar, sending AUD/USD through the 0.7400 handle. AUD/USD supported near 0.7390 Spot is extending last week’s strong rebound from the 0...

EUR/JPY Off Lows, but on a Back Foot The EUR/JPY recovered from the daily low of 124.24 levels, but remains weak on the day around 124.47 (23.6% of 132.29-122.06). Weak stocks weigh European stocks are down almost 1% on the day and that is keeping the bid tone around the safe haven JPY intact...

Gold Analysis for March 07, 2016 Overview : Since our last analysis, gold has been trading upwards. As I expected, the price tested the level of $1,279.67. Anyway, in the daily time frame, I found a a supply bar (up thrust), which is a sign of weakness. Intraday buying at this stage looks risky...