Roberto Jacobs / Blog
USD/JPY Still Favouring a Test of 111.90 – Commerzbank Karen Jones, Head of FICC Technical Analysis at Commerzbank, favours a test of the 111.90 area. Key Quotes “USD/JPY is probing the 55 day ma at 110.31 but will need a close above the 111...
USD/CAD Forecast May 23-27 USD/CAD was up sharply last week, gaining 160 points. The pair closed the week at 1.3115. There are only two events on this week’s schedule. Here is an outlook on the major market-movers and an updated technical analysis for USD/CAD...
Oil Rally Exceeds Expectations A few months ago, in late March, our crude oil analysis had called for a bottom in WTI oil prices. Back then Crude oil was trading at $32.26 a barrel...
GOLD, Weekly Forecast, May 23 - 27: Break Up of 1260 will Open Uptrend Target on 1294 Main scenario: The pair is trading along an sideways trend between support 1246 and resistance 1260, where break up of 1260 will open target for uptrend on resistance level 1277 and 1294...
GBP/USD, Weekly Forecast, May 23 - 27: Break Up of 1.4530 Open Uptrend Target on 1.4670 and 1.4815 Main scenario: The pair is trading along an sideways trend between support 1.4480 and resistance 1.4530, where break up of 1.4530 will open uptrend target on resistance 1.4670 and then on 1.4815...
GBP/USD Capped at 1.4663? – UOB The research team at UOB Group believes GBP/USD has carved an interim top at 1.4663 in the next weeks. Key Quotes “The sharp drop last Friday was unexpected and the 1.4488 low was just a few pips above our 1.4485 stop-loss”. “Unless GBP can move and stay above 1...
EUR/USD, Weekly Forecast, May 23 - 27: Break Up of 1.1260 Open Uptrend Target on 1.1460 Main scenario: The pair is trading along an sideways trend between support 1.1215 and resistance 1.1260, where break down of 1.1215 will open downtrend target on 1.1150 and then to 1.1050...
Daily Recommendations on Major - USD/JPY DAILY MARKET OUTLOOK Update Time: 23 May 2016 09:38 GMT USD/JPY - 109.50 Dollar's intra-day decline in Asian and European morning due to broad-based buying of yen following warnings by U.S...
Forex News Trading Strategy For The Week 23rd - 27th May The week begins quietly with important releases starting on Wednesday...