Roberto Jacobs / Blog
XAU/USD: Correction is Possible Amid Profit Taking in Short Positions. Fundamental analysis of 20.05...
XAU/USD: Further Decline in the Pair was Stopped by Support Level of 1248.00 - Technical analysis of 20.05.2016 Review and dynamics Since the beginning of this year the price of gold has been growing. Currently the price of gold has approached the level of 1300...
USD: Investors Inclined to Rebuild Longs - SocGen Research Team at Societe Generale, notes that a rise in USD rates had been missing from the rebound of the dollar from the early May low but this now has been partially addressed and in theory gives the dollar a base to strengthen, in particular a...
FxWirePro: AUD/USD Fails to Break Resistance at 0.7247, Bearish in the Short Term The pair has found renewed bearish momentum on Friday after failing to break resistance level at 0.7247 and is approaching to test support level located at 0.7207. Currently the currency pair is trading around 0...
GBP Rally Beginning to Look Overdone - Danske Analysts from Danske Bank, mentioned that the pound rallied in the market after a lead of the “remain” position ahead of the Brexit referendum but they warned about biased polls...
USD/CHF at Fresh Weekly Highs, above the 20-WMA The US dollar pulled back modestly versus the Swiss franc but then bounced to the upside and reached at 0.9926 a fresh 2-month high. USD/CHF gained momentum after breaking above 0...
USD/CAD: More Convinced of the 1.35 Target - TDS Analysts from TDS advocate holding onto long USD/CAD positions as the recent move this week along with FOMC minutes have strengthened their conviction of reaching 1.35...
EUR/USD Forecast: Bearish Potential Increases after FOMC Minutes The US dollar has appreciated sharply this week as FOMC latest meeting minutes showed the Fed might raise rates as soon as June, while several members stated that two to three rate hikes this year were still possible...
G7 Finance Ministers and Central Bankers are Meeting this Weekend in Japan European shares opened higher this morning supported by a rebound in the oil price and as fears of a Summer Fed rate hike eased. Most European indices trade ca. 1% higher...