Roberto Jacobs / Blog
GBP/USD Clinches Highs Near 1.4550 The Sterling keeps its buoyant tone at the beginning of the week, now lifting GBP/USD to test fresh daily highs near 1.4550...
USD/CHF Likely to Build Onto Its Moves Back Above 0.9900 The USD/CHF pair reversed from its early losses to 0.9883 and turned back above 0.9900 handle as the overall USD strength gained traction in last couple of hours. The pair is currently trading up around 0.1% at 0...
EUR/USD 4H Chart: Channel Down Comment: The bias towards the Euro is negative, but only in the near term. EUR/USD is expected to bounce off of the upper edge of the channel at 1.1250 and then head towards a cluster of supports between 1.1150 and 1.1115 dollars...
EUR/USD Turns Negative Near 1.1200 The single currency has lost its initial smile, now dragging EUR/USD to post session lows in the 1.1210 area. EUR/USD lower post-PMIs Spot’s recovery run out of steam around overnight peaks near 1.1240, retracing the advance to the current low-1...
EUR/GBP Turns Flat at 0.7730 Post Euro-zone PMI Data On Monday, the EUR/GBP pair built on to its Friday’s sharp recovery and touched a session peak level of 0.7754 during European session but has now erased all of its gains to currently trade at 0.7730...
Weekly Trading Outlook - The Forex Week Ahead: May 23rd – 26th Mon: EUR – EuroZone PMIs & Consumer Confidence Tue: EUR – German GDP, ZEW Survey, GBP – Public Finances, NZD – Trade Balance Wed: USD – Advance Goods, Services & Composite PMIs, Crude Oil Inventories, CAD – BOC Rate Decision...
EURUSD Pauses Decline, Rises Back Above key 1.12 Level EURUSD remained above the key 1.12 level for a second trading day after dipping below it last Thursday for the first time since late-March. The lower Bollinger Band at 1.1179 lent support and helped prices bounce. The 1...
USD/JPY Around 110 a Prime Sell Opportunity for Japanese Hedgers – Deutsche Bank Taisuke Tanaka, Strategist at Deutsche Bank, notes that as expected, the Sendai G7 meeting of finance ministers and central bank governors only put together a compromise agreement on macro-policy coordination...
Technical Analysis of GBP/CHF for May 23, 2016 Technical outlook and chart setups: The GBP/CHF pair still has room left on higher side, while it is trading at 1.4365 levels at this moment. The pair is expected to drop to 1.4280 levels before reversing higher again...