Roberto Jacobs / Profil

Rebounding Iron Ore Prices Support AUD Ahead of Key Employment Report - BNPP Research Team at BNP Paribas, suggests that the commodity currencies have been gradually gaining ground against the USD this week and this comes against a back drop of stable equity markets but a rebound of several key c...

India: Monetary Policy Outlook April 2016 - NAB Research Team at NAB, notes that the RBI cut the policy Repo rate by 25bps at its April meeting and also tightened the policy corridor to better align policy rates with the call rate (interbank overnight borrowing rate...

Technical Analysis of USD/CAD for April 12, 2016 General overview for 12/04/2016: Five sub-waves in wave c of wave (a) had been completed and now the market should start the corrective cycle in wave (b). The projected target level for wave (b) is the previous wave 4 zone at the level of 1.3018...

Technical Analysis of EUR/JPY for April 12, 2016 Technical outlook and chart setups: The EUR/JPY is recovering from yesterday's lows at 123.00 levels for now but the rally should be shallow before bears take control again. The pair is seen to be trading at 123...

Bullish on SEK Ahead of CPI Data – BNPP Research Team at BNP Paribas, suggests that the March inflation data remains in focus across Europe this week. Key Quotes “In Sweden we expect Tuesday’s release to show the headline y/y rate re-accelerating to 0...

US: Import Prices and Small Business Optimism in the Limelight - TDS Research Team at TDS, suggests that in the US import prices and small business optimism make up a limited data calendar for Tuesday. Key Quotes “TD has forecasted a 1...

BOJ Reduces Bank Funds That Will be Subject to New Negative Rate - Bloomberg As Bloomberg reports, the Bank of Japan (BOJ) is reducing the share of funds financial institutions keep at the BOJ that will be subject to the new negative interest rate policy...

UK CPI Preview: What to Expect of GBP/USD? UK cost of living as measured by consumer price index (CPI) and core consumer price index is due for release today. Economists expect inflation to have ticked higher in March (0.4% y/y and 0.3% m/m...

Technical Analysis of GBP/CHF for April 12, 2016 Technical outlook and chart setups: The GBP/CHF pair has rallied through 1.3600/20 levels, as expected and discussed yesterday. The pair is trading at 1.3580 levels at this moment, looking to push through 1...

FXWIREPRO: Cloud Base Is Strong Support for AUD/CAD, Weakness Only on Breaks Below 0.9787 AUD/CAD has broken range trade and price action has slipped into the daily cloud, hit session lows at 0.9788...

Technical Analysis of Silver for April 12, 2016 Technical outlook and chart setups: Silver rallied through $16.00 levels yesterday before hitting fibonacci 0.786 resistance of the drop from $16.13 through $14.80 levels, and pulling back. The metal is trading at $15...

USD/CHF Stuck in Tight Range Below 0.9550 The US dollar fights hard to regain lost footing versus its Swiss counterpart in the European morning, lifting USD/CHF from session lows on the 0.95 handle...

FXWIREPRO: NZD/CAD Forms Bearish Bat Pattern, Good to Buy at Dips Harmonic Pattern Formed – Bearish Bat pattern Potential Reversal Zone (PRZ) – 0.8970 The pair has recovered after making a low of 0.8835. It is currently trading around 0.88801...

Gold Trades Comatose, While Treasury Yields Rise Gold prices are trading largely unchanged on the day around $1257 levels amid rising treasury yields and equally comatose dollar index. Retreats from three-week high The metal backed-off from the three-week high of $1260 set yesterday...

Technical Analysis of Gold for April 12, 2016 Technical outlook and chart setups: Gold rallied and hit resistance at $1,257.00/58.00 levels yesterday before pulling back lower. The metal is trading at $1,253.00 at the moment, and is expected to drift lower at least towards $1,190.00 levels...

RBA Likely to Remain ‘On Hold’ for Now – Westpac Sean Callow, Strategist at Westpac Global Strategy Group, believes the RBA will not deliver further easing in the next months. Key Quotes “The RBA held the cash rate at 2.0% in April as expected...

Elliott Wave Analysis of EUR/NZD for April 12 - 2016 Wave summary: We were looking for a break above resistance at 1.6830 and instead we have seen a break below support at 1.6605. This cross continues to disappoint and do whatever it can to cover up its real intentions...

Oil Eases-Off Multi-Week Highs, WTI Near $ 40 Oil benchmarks on both sides of Atlantic paused its 2-day rally and dipped this Tuesday, as the traders turned cautious ahead of the API and EIA inventory reports...

GBP/USD Strong Resistance Lies at 1.4380/1.4450 – UOB According to the research team at UOB Group, the pair faces a tough up barrier in the 1.4380/1.4450 band...