Roberto Jacobs / Blog
EUR/USD Forecast: Bearish Acceleration, 1.1120 at Sight After Monday's pause, the greenback resumes its rally, broadly higher against most of its major rivals but the Pound. European equities opened sharply higher, but the EUR/USD pair fell to a fresh two-month low of 1.1168...
GBP/USD Surges on BoE Comments, Just Shy of 1.4600 Mark The GBP/USD pair rallied from 1.4474 and extended its up-move beyond 1.4550 as BOE Governor and several MPC members begin their testimony on inflation and the economic outlook before the Parliament's Treasury Committee...
GBP/JPY Spikes Above 159.00 Handle After Latest ‘Brexit’ Polls The GBP/JPY pair staged a smart good recovery from 50-day SMA support near 158.00 mark to currently trade back above 159.00 round figure mark...
GBP/USD Outlook Remains Positive – Commerzbank According to Karen Jones, Head of FICC Technical Analysis at Commerzbank, the pair’s perspective points to further gains towards the 1.4660 area initially. Key Quotes “GBP/USD failed on Friday to overcome the 1...
USD/JPY Rebounds in Tandem with European Stocks The US dollar fought back control against its Japanese peer post-European open, sending USD/JPY back beyond the mid-point of 109 handle. USD/JPY eyes 5-DMA at 109...
USD/JPY Turned Neutral Near Term – UOB The research team at UOB Group has shifted its outlook for USD/JPY to neutral from bullish in the next 1-3 weeks. Key Quotes “The bullish phase that started two weeks ago ended abruptly yesterday when the stoploss at 109.20 was breached”...
Gold Down for Fifth Trading Session on Fed Rate-Hike Prospects Extending its slide for fifth consecutive day, Gold dropped to a fresh 3-1/2-week low on looming Fed rate-hike expectations has been weighing sentiment surrounding the precious metal and has kept prices under check...
GBP/USD Through 1.45 on Brexit Polls A bout of buying interest sent the sterling to session highs vs. the dollar, with GBP/USD quickly leaving behind the 1.4500 barrier to climb to the vicinity of 1.4550. GBP/USD stronger ahead of BoE Inflation Report Spot has retaken the 1...
Technical Analysis of GBP/CHF for May 24, 2016 Technical outlook and chart setups: The GBP/CHF pair is seen to be trading at 1.4350/55 levels at this moment, looking to push higher towards 1.4700/10 levels. Please note that 1.4700/10 level is also the fibonacci 0...