Roberto Jacobs / Blog
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...
Gold Dips to $1265, Near-Term Bullish Bias Remains After touching a three-week high level of $1271 on Thursday, Gold is retracing a bit on Friday to currently trade around $1265 level...
USD Rebounds in Choppy Trading On Thursday, trading in the major US cross rates was technical, sometimes even erratic in nature. The overall decline of the dollar halted. Cross currency spill-over effects triggered a repositioning in several individual cross rates...
Dollar Rallies Broadly on Short Covering : Jun 10, 2016 The greenback pushed higher against the other major currencies on Thursday as the release of upbeat U.S. jobless claims data boosted optimism over the strength of the economy...
EURUSD - We look to Sell at 1.1337 (stop at 1.1377). EURUSD - Broken out of the wedge to the downside. Bearish Outside Day posted, a pattern that often indicates the end of a bullish run and the start of a new downward bias. The Marabuzo level from the 03/06 is located at 1.1255...
FxWirePro: USD/JPY Extends Recovery from 5-Week Lows, Struggles at 107 Handle USD/JPY is extending recovery from 5-week lows of 106.25 hit on Thursday, is currently struggling at 107 handle. Asian markets stabilize after initial sell-off, curbing the safe-haven demand for the Japanese currency...
EUR/GBP Challenging 100-DMA Support Near 0.7800 Handle The shared currency continued with its underperformance against the British Pound on Friday, with the EUR/GBP cross now moving back to 0.7800 handle...