Roberto Jacobs / Blog
NZD/USD Finds Support Around 0.6750 The kiwi erased gains versus the US dollar and dropped to fresh daily lows. The New Zealand currency weakened in the market since the European session and also reversed the intraday trend against the aussie. NZD/USD peaked during the Asian session at 0...
Oil Has Seen an Upturn in Late Trade After some early weakness, the bullish USD tone was back on track, but we are seeing some notable resistance which can prompt a short term squeeze...
US Stocks Flat as Fed Rate-Hike Fear and Oil Slump Weigh Sentiment Major US benchmark indices were trading with a slight positive bias during the early NY trading session as investors seems to digest comments from the Fed officials who continued to point towards a possible Fed rate-hike decision...
EUR/JPY Approaches Multi-Year Lows EUR/JPY came under renewed pressure on Monday and broke below the 123 level during the European session to hit fresh 2-week lows as the yen outperforms major rivals. EUR/JPY has lost more than a hundred pips throughout the day and bottomed out at 122...
US Dollar Off Highs, Eases to 95.40 The US Dollar Index, which gauges the greenback vs. its main rivals, is now retreating to the 95.40 area after reaching daily highs at 95.47...
NZD/USD Seen at 0.70 by Year-End – Danske Bank Jens Pedersen, Senior Analyst at Danske Bank, expects the Kiwi dollar to test the 0.70 area towards end of 2016...
EUR/USD Rallies Capped Around 1.1280 – BBH Analysts at BBH see occasional bullish attempts in EUR/USD struggling around the 1.1280 area. Key Quotes “The euro traded below $1.12 for the first time since late-March but finished the week above it”. “The lower Bollinger Band near $1...
Elliott Wave Analysis: Triangle On USDCHF Indicating Higher Price, 1.0000 Is In View USDCHF remain in bullish mode as recent price action above 0.9800 looks like just another correction within uptrend...
USD: Buy Dips Vs CHF Or Commodity FX - Credit Agricole FOMC minutes revealed to markets that a June move cannot be ruled out...