Roberto Jacobs / Profilo

FxWirePro: USD/JPY Finds Strong Resistance at 109.90, Go Long on Break Above Doji formed on USD/JPY daily charts till now. Pair finds strong trendline resistance at 109.90. Further upside can be seen on breaks above. Test of 110.65 then likely...

FxWirePro: Silver Rises Nearly 3 Pct to $17.37, Highest Since May 2015 XAG/USD is currently trading around $17.28 marks. It made intraday high at $17.37 and low at $16.89 levels. Intraday bias remains bullish till the time pair holds immediate support level at $17.11 marks...

USD/CAD Keeps the Red as Oil Turns Positive The USD/CAD pair moves-off multi-year troughs and steadies around the mid-point of 1.26 handle amid improved risk sentiment. USD/CAD rejected near 1.2660 Currently, the USD/CAD pair drops -0.12% to 1.2642, heading for a retest of daily lows struck at 1...

Add Long EUR/USD on Weakness, Sell GBP/USD - Westpac Research Team at Westpac, suggests that the GBP/USD remains high on their sell list for another week. Key Quotes “We sell GBP/USD at 1.4450, stop 1.4610. Doubt GBP has the vigour to punch much above 1...

NZD: ANZ New Zealand Job Ads Back on the Job – ANZ Sharon Zollner, Senior Economist at ANZ, notes that the NZ’s jobs ads rose strongly in March, and have now more than made up the ground lost in January, restoring the upward trend. Key Quotes “Job ads lifted 2...

Long NZD/USD and Short USD/CAD – Westpac Research Team at Westpac, suggests to buy NZD/USD on weakness and to sell USD/CAD on strength. Key Quotes “With all three signals greenlighting an NZD long our signals are even more emphatically bullish NZD this week vs last week...

EURUSD Daily Forecast: April 21 2016 EURUSD Forecast The EURUSD failed to continue its bullish momentum yesterday bottomed at 1.1290. The bias is bearish in nearest term testing 1.1250 located around the H4 EMA 200 as you can see on my H4 chart below...

GBPUSD Daily Forecast: April 21 2016 GBPUSD Forecast The GBPUSD failed to continue its bullish momentum yesterday and hit 1.4320 earlier today. The bias is neutral in nearest term probably with a little bearish bias after another rejection to move above 1.4400 – 1...

USDJPY Daily Forecast: April 21 2016 USDJPY Forecast The USDJPY had a bullish momentum yesterday and hit 109.89 earlier today. The bias remains bullish in nearest term testing 110.00 – 110.96 area. Immediate support is seen around 109.50/20 area...

AUD/USD Struggles with 0.7800, Risk-on Back in Vogue? Having found solid support near 0.7785/90 band, the AUD/USD pair attempts to extend gains beyond 0.78 handle, following in-line with expectations Australian business confidence numbers...

IEA Chief: Oil Market, Prices to Return to Balance by 2017 International Energy Agency (IEA) chief Fatih Birol was on the wires earlier today, expecting oil markets to rebalance by 2017...

USDCHF Daily Forecast: April 21 2016 USDCHF Forecast The USDCHF had a bullish momentum yesterday and now struggling around 0.9715 key resistance as you can see on my daily chart below...

Key Events Ahead - Westpac Analysts at Westpac noted the key events coming up. Key Quotes: "Most forecasters see Bank Indonesia keeping rates at 6.75% though there are a few calling for a 25bp cut. The Asian calendar is otherwise quiet. UK Mar retail sales (ex-autos & fuel) is seen at -0...

EUR/USD: Fresh Bids Emerge Near 1.1290, ECB in Focus The shared currency recovers losses and returns to the positive territory versus the American dollar in the mid-Asian trades, with EUR/USD now striving hard extend gains above 1.1300. EUR/USD eyes on 5-DMA at 1...

Gold Catches Fresh Bid in Asia, Re-Takes $ 1250 Gold reversed previous decline and swung back into the bids in the mid-Asian session, despite risk-on trades picking-up pace amid higher Asian equities. Gold regains hourly 200-SMA Currently, gold trades +0.37% at 1250...

FxWirePro: AUD/USD Trades Rangebound in the Asian Session, Momentum Higher The latest NAB confidence gauge showed both a resilient non-mining recovery and an outlook that has continued to improve, although the confidence figures matched estimates...

FxWirePro: Gold Refrains to Fall Below Key Support at $1242, Intraday Bias Remains Bullish XAU/USD is currently trading around $1248 mark. It made intraday high at $1251 and low at $1242 levels. Intraday bias remains bullish till the time pair holds immediate support at $1242 marks...

Reuters Survey: Japan Companies Not in Favour of Further Negative Rates The latest Japanese Corporate Survey conducted by Reuters raises doubts over BOJ’s negative interest rates policy...

Action in the Commodities Sector - ANZ Analysts at ANZ noted that the Energy was stronger overnight and rounded up the action across the commodities sector. Key Quotes: "Crude oil turned around early losses after data showed US output continued to fall...