Roberto Jacobs / Profil

U.S. Weekly Jobless Claims Rise From Nearly Two-Month Low Reflecting a rebound from a nearly two-month low, the Labor Department released a report on Thursday showing that first-time claims for U.S. unemployment benefits rose by a little more than expected in the week ended June 25th...

Gold Analysis for June 30, 2016 Since our previous analysis, gold has been trading sideways at the price of $1,318.50. According to the 30M time frame, I found the key point of control from the massive bullish day in the background is set at the price of $1,317.50...

Gold Slides Near $1320, Fed's Bullard In London Gold futures eased Thursday morning as stocks were set to pause after a volatile period brought on Britain's vote to leave the European Union. It appears the worst of the Brexit crisis has passed, but traders remain attracted to gold as a safe haven...

USD/CAD Trade Idea Major Support – 1.2920 (90 4H EMA) Loonie has slightly recovered after making a low of 1.29310. It is currently trading around 1.2949. Short term trend is bullish as long as resistance 1.31204 (Jun 27th 2016 high) holds. Any break above 1.3125 will take the pair to next level 1...

CHF/JPY Trades Well Above 105, Jump Till 106.56/107.60 Is Possible Major resistance – 105.10 (3 day EMA) Major support – 103.50 The pair has broken major resistance 105.10 and jumped till made a high of 105.48 at the time of writing. It is currently trading around 105...

FxWirePro: USD/CAD Faces Strong Support Around 1.2930, Good to Sell on Rallies Major Support – 1.2920 (90 4H EMA) Loonie has slightly recovered after making a low of 1.29310. It is currently trading around 1.2949. Short term trend is bullish as long as resistance 1...

FxWirePro: AUD/CHF Faces Strong Resistance at 0.7380, Good to Buy at Dips Major resistance – 0.7380 (61.8% retracement of 0.7574 and 0.70323) Major support – 0.7160 (200 4H MA) AUD/CHF has retreated sharply after making a high of 0.73170. It is currently trading around 0.72710...

FxWirePro: Sterling Likely to Drop Below Parity Against Dollar You might be thinking, looking at the call, “What the hell?” or “This is too far”. We know, even Billionaire investor and legendary George Soros isn’t calling for such a number...

Wave Analysis of Gold for June 30, 2016 Gold has completed 5 waves up in the short term from $1,305 to $1,328 and also made a corrective pullback towards the 61.8% Fibonacci retracement...

Technical Analysis of EUR/GBP for June 30, 2016 EUR/GBP is expected to continue its bullish rebound. The pair has posted a pullback and is rebounding on its support at 0.8200. Even though a continuation of the consolidation cannot be ruled out, its extent should be limited...

Technical Analysis of AUD/USD for June 30, 2016 AUD/USD is expected to trade with a bullish bias. The pair eventually broke above the key resistance at 0.7380 before rallying further. It has reversed a bearish pattern of lower highs while establishing a bullish trading channel at the same time...

Technical Analysis of USD/JPY for June 30, 2016 USD/JPY is expected to trade in a higher range and is supported by a rising trend line. On Wednesday, US stock indices kept rallying along with global markets, led by financial and energy shares. The Dow Jones Industrial Average gained another 1...

Technical Analysis of USD/CHF for June 30, 2016 USD/CHF is expected to trade with a bullish bias above 0.9760. The pair remains bullish on an intraday basis. In addition, a strong support base around 0.9760 should limit any downward attempts...

Technical Analysis of NZD/USD for June 30, 2016 NZD/USD is expected to extend its upside movement. The pair has been supported by a rising trend line since June 28 and is likely to challenge the horizontal resistance at 0.7155 in sight...

Technical Analysis of GBP/JPY for June 30, 2016 GBP/JPY is expected to trade with a bullish bias. The pair has been supported by a rising trend line, as well as the 20-period and 50-period moving averages and continues its rebound. The relative strength index stays above 50...

Technical Analysis of EUR/JPY for June 30, 2016 General overview for 30/06/2016: The market is trying to develop a clear, corrective, choppy bounce from the lows at the level of 109.55...

Technical Analysis of USD/CAD for June 30, 2016 General overview for 30/06/2016: The sub-wave c of the corrective cycle in wave (ii) looks completed, and the whole correction looks like an irregular flat pattern. This is why the uptrend might be now resumed and a new higher high can be made...