All Blogs

To add a new post, please log in or register
GBP/USD Bearish Tone Prevails - Scotiabank GBP/USD short-term technicals remain bearish, according to Shaun Osborne, Chief FX Strategist at Scotiabank, with the key 1.4335 support area at risk. Uncertainty about a potential “Brexit” keep investors wary ahead of the Jun 23 UK referendum...
Analytics & Forecasts
  • 57
  • 1
Roberto Jacobs, 9 June 2016, 19:09
EURUSD: The pair tumbled lower on Thursday following a loss of upside momentum. This development leaves EURUSD targeting further downside pressure in the days ahead. Support lies at the 1.1300 level. Further down, support comes in at the 1.1250 level where a violation will aim at the 1.1200 level...
Analytics & Forecasts
  • 29
FXTechstrategy.com, 9 June 2016, 18:50
EUR/USD: Dollar's Strength Leads in the Short Term EUR/USD Current Price: 1.1341 The dollar recovered the ground lost these last few days against all of its European rivals, trading generally higher across the board, but against the Japanese yen, as risk aversion took over financial markets...
Analytics & Forecasts
  • 54
  • 2
Roberto Jacobs, 9 June 2016, 14:53
GBP/USD Revisits 1.4500 After US Data GBP/USD edged a tad higher and trimmed intraday losses at the beginning of the New York session, despite data showed US initial jobless claims dropped more than expected last week...
Analytics & Forecasts
  • 49
  • 2
Roberto Jacobs, 9 June 2016, 14:49
ECB's Corporate Bond Buying Program at the Centre Stage - BBH Research Team at BBH, suggests that from Europe the launch of the ECB's corporate bond buying program is among the main talking points...
Market News
  • 84
  • 2
Roberto Jacobs, 9 June 2016, 14:44 #ECB
Oil Loses Steam, Drops to Session Low on Profit Taking WTI crude oil is extending its profit taking move from nearly one-year high level of $51.64 and is currently trading near session low. A sudden bout of buying interest in the greenback seems to exert downward pressure on the black gold...
Analytics & Forecasts
  • 34
  • 2
Roberto Jacobs, 9 June 2016, 14:41
EUR/USD: Levels, Ranges, Targets DXY and EUR/USD both trade below descending yet massively solid trend lines and its why 97 DXY and 1.1552 EUR/USD are vital breaks. The point at 1.1552 explains also why price saw the current retreat...
Analytics & Forecasts
  • 192
  • 2
Roberto Jacobs, 9 June 2016, 14:35
EUR/USD Slips Below 1.1350 ahead of US Jobless Claims The US Dollar recovery from lower levels now seems to gain further traction, with the EUR/USD pair now sliding further below 1.1400 handle. The pair extended its slide and broke through 5-day SMA support and 1...
Analytics & Forecasts
  • 28
  • 2
Roberto Jacobs, 9 June 2016, 14:32
NZD/USD is Hitting a Ceiling Although the 50- and the 200-period SMAs are positively aligned, the upside in NZD/USD has stalled in recent trading...
Analytics & Forecasts
  • 39
  • 2
Roberto Jacobs, 9 June 2016, 14:29 #nzdusd
DXY Could Slip Towards 92.00 – Westpac In view of Richard Franulovich, Strategist at Westpac, the greenback could extend its drop to the 92.00 area...
Analytics & Forecasts
  • 67
  • 2
Roberto Jacobs, 9 June 2016, 14:25
EUR/JPY Fast Approaching 120.00 Psychological Mark Bears tightened their grip on the EUR/JPY cross as the pair has dropped back below 121.00 handle and gradually heading towards 120.00 psychological mark...
Analytics & Forecasts
  • 59
  • 2
Roberto Jacobs, 9 June 2016, 14:24
NZD/USD Bullish, Could Visit 0.7190 – UOB Analysts at UOB Group believe the Kiwi dollar could edge higher towards the 0.7190 area in the next weeks. Key Quotes “We turned bullish on Monday with an immediate target of 0.7000...
Analytics & Forecasts
  • 50
  • 2
Roberto Jacobs, 9 June 2016, 14:20 #nzdusd
RBNZ Monetary Policy: Assessing Future Bias Reserve bank of New Zealand (RBNZ) has maintained current overnight cash rate at 2.25%. It is vital to see how the bias stands to assess future actions – Global growth stabilized and financial market volatility abated...
Currency
  • 77
  • 2
Roberto Jacobs, 9 June 2016, 14:00
Pre US Open, Daily Technical Analysis Thursday, June 09, 2016 Please note that due to market volatility, some of the below sight prices may have already been reached and scenarios played out. EUR/USD Intraday: turning down. Pivot: 1.1415 Most Likely Scenario: short positions below 1...
FxWirePro: GBP/CAD Faces Strong Support at 1.8350, Good to Buy at Dips Major support -1.83450 The pair has recovered after making a low of 1.83498 at the time of writing and slightly recovered from that level. It is currently trading around 1.84226. GBP/CAD minor intraday resistance is around 1...
Analytics & Forecasts
  • 59
  • 2
Roberto Jacobs, 9 June 2016, 13:55
FxWirePro: ETH/USD Faces Strong Resistance at $14.85, Good to Buy at Dips Major intraday support - $13.20 (21 day MA) Major resistance- $14.40 The pair has broken major resistance $14.40 (May 31st high) and jumped till $14.75 at the time of writing. Ethereum short term resistance is around $14...
Analytics & Forecasts
  • 66
  • 2
Roberto Jacobs, 9 June 2016, 13:53
Eurozone Bonds Gain As Brexit Risk Looms Closer, Hefty ECB Stimulus The Eurozone government bonds strengthened on Thursday, helped by the European Central Bank’s aggressive bond buying and negative rates, as well as a cautious tone from the US Federal Reserve...
Market News
  • 41
  • 2
Roberto Jacobs, 9 June 2016, 13:45
NZD/USD : Levels, Ranges, Targets, RBNZ New Zealand House prices lacks adequate supply, Commodities and exchange rates misaligned, Dairy exports below export break even rates, the why is found in the same old lingering effects in New Zealand and its Trade Ables to Non Trade Ables and then the fol...
Currency
  • 60
  • 2
Roberto Jacobs, 9 June 2016, 13:40 #nzdusd
Pivot Points DAILY Last Updated: Jun 9, 2:30 pm +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.12704 1.13269 1.13571 1.13834 1.14136 1.14399 1.14964 USD/JPY 105.37 106.173 106.575 106.976 107.378 107.779 108.582 GBP/USD 1.43316 1.44323 1.44664 1.4533 1.45671 1.46337 1.47344 USD/CHF 0.94534 0.95314 0...
Market News
  • 27
  • 2
Mohammed Abdulwadud Soubra, 9 June 2016, 13:39
Pivot Points Hourly Last Updated: Jun 9, 2:30 pm +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.13075 1.13273 1.13344 1.13471 1.13542 1.13669 1.13867 USD/JPY 106.213 106.331 106.405 106.449 106.523 106.567 106.685 GBP/USD 1.44081 1.44342 1.4449 1.44603 1.44751 1.44864 1.45125 USD/CHF 0.95906 0...
Market News
  • 23
  • 3
Mohammed Abdulwadud Soubra, 9 June 2016, 13:38