Roberto Jacobs / Blog
AUD/USD Finds Respite Around 0.7210 The Aussie dollar remains under pressure on Monday, with AUD/USD tumbling to the lower bound of the range near the 0.7200 handle. AUD/USD upside capped near 0.7260 The pair has quickly eroded the overnight peaks to the 0...
GBP/USD Slides Further Below 1.4500 Handle The GBP/USD pair faded a bullish spike to 1.4549 and extended its slide below 1.4500 handle to currently trade near 1.4475, off day's through level. 'Brexit' continue to dominate the headline surrounding the British Pound...
USD/TRY Eyes 3.05 in 3-Month – Danske Bank Senior Economist at Danske Bank Vladimir Miklashevsky believes the Turkish Lira could depreciate further in the next 3 months...
Gold Turns Lower to Test 50-DMA Gold erased Asian session-gains and fell back in the red zone as the US dollar picked-up strength amid broad based sell-off seen across the financial markets. Gold hovers around $ 1250 mark Currently, gold trades -0.15% lower at 1249...
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...