Roberto Jacobs / Blog
USD/JPY Forecast: Dollar Gains, No Matter What Dollar gains, no matter what. The USD/JPY has advanced overnight up to 110.37, with a short lived bearish knee-jerk down to 109.77 being quickly reversed...
USD/CHF Faded a Spike to 0.9922, Drops Back Below 0.9890 The USD/CHF pair faded its spike to 0.9922, led by a drop in US initial jobless claims, and has now dropped back below 0.9900 level to currently trade at 0.9885. Including today's up-move to 0...
AUD/USD Still Neutral Near-term - UOB The research team at UOB Group maintains its neutral perspective on the Aussie dollar in the next 1-3 weeks. Key Quotes “We shifted to a neutral stance yesterday and there is no change to our view”...
US Dollar Rejected from 95.50, Back to 95.30 The dollar’s upside remains well and sound today, although the US Dollar Index seems to have met quite a strong resistance around 95.50. US Dollar extends the rally post-FOMC The greenback is advancing for the third week in a row, recovering the 95...
USD/CAD Climbs to a Six-Week High Level of 1.3154 Following the release of weekly US jobless claims data, the USD/CAD pair spiked to 1.3154 marking its highest level since April 8. The pair has witnessed a gradual recovery of nearly 700-pips from a multi-month low level of 1...
EUR/USD Attempts to Regain 1.1200 after Fresh Lows EUR/USD stretched to fresh 7-week lows sub-1.1200 at the beginning of the New York session amid a stronger greenback on the back of hawkish FOMC minutes published the previous day...
USD/JPY Back above 110.00 Post-US Data It seems the greenback has recovered the smile today, now lifting USD/JPY once again beyond the 110.00 handle...
Gold Drops to Session Low of $1245 after Mixed US Data Extending its downward trajectory, Gold has broken below 50-day SMA support near $1250 level to currently trade at $1245, near low point of the day...
Further Uncertainty As Indexes Gained On Friday, Will Uptrend Resume? Briefly: In our opinion speculative long positions are still favored (with stop-loss at 1,850, S&P 500 index...