Roberto Jacobs / Blog
EUR/JPY Back Below 121.00, Remains Vulnerable Thursday's recovery from the vicinity of 120.00 psychological mark seems to have stalled around 121.20 level and the EUR/JPY cross is now trading back below 121.00 handle...
Daily Technical & Trading Outlook USD/JPY Trend Daily Chart Sideways Daily Indicators Falling...
EUR Could be Testing 1.16 by The End of Next Week - Westpac Richard Franulovich, Research Analyst at Westpac, suggests that the EUR likely forges higher next week amid a probably subdued US retail sales report, payback for an unsustainably sharp April rise and a non-committal FOMC...
AUD/USD Expected to Return to 0.7044 – Commerzbank Despite the ongoing rebound, the Aussie dollar is seen slipping back towards 0.7044, suggested Karen Jones, Head of FICC Technical Analysis at Commerzbank. Key Quotes “AUD/USD is failing at the...
USD Faces Fresh Headwinds - Westpac Richard Franulovich, Research Analyst at Westpac, suggests that the potentially softer retail sales could weigh while the Fed is likely at best neutral if not negative for the USD. Key Quotes “Risks favour USD index testing recent 92.0 lows...
JPY: Negative External Environment Remains Supportive – MUFG Lee Hardman, Currency Analyst at MUFG, notes that the yen has strengthened modestly overnight supported by the more risk-averse trading conditions...
EUR/USD Turns Positive Near 1.1320 A negative open in the European equity markets is prompting EUR/USD to regain the 1.1300 handle and trim gains towards 1.1320/25...
EUR/USD Upside Could Struggle Around 1.1425 – Commerzbank Karen Jones, Head of FICC Technical Analysis at Commerzbank, occasional bullish attempts in the pair should face resistance around 1.1425. Key Quotes EUR/USD has seen initial failure at resistance offered by 1.1415/20, the 61...
USD/CHF Off Highs, Returns to 0.9640 After a test of session highs in the 0.9655/60 band during overnight trade, USD/CHF has now returned to the 0.9640 area, fading the initial upbeat momentum. USD/CHF supported near 0.9570 The pair has managed to revert the recent drop to the 0...