Roberto Jacobs / Blog
USD/JPY Cleared 109.70, Now Eyes 111.00 – UOB The research team at UOB Group has turned bullish on USD/JPY and believes it could test 111.00 in the short term. Key Quotes “The 109.70 target was finally met yesterday and the bullish phase that started last week is still clearly intact”...
USD/JPY Risks Point to the Upside – Westpac Strategist at Westpac Robert Rennie sees the pair could edge higher in the near term. Key Quotes “Last week we argued for USD/JPY in a 108/109.50 range, though we highlighted “risks around FOMC minutes and US CPI to the topside”...
ECB Committed to Bring Inflation to Target Without Undue Delay Minutes of the European Central Bank’s April meeting showed that the bank wants to leave absolutely clear that it is committed to revive inflation in the Eurozone...
AUD: Monetary Policy is a Key Factor - BBH Research Team at BBH, suggests that the monetary policy is a key factor in the Australian dollar. Key Quotes “The rate cut and dovish posture of the RBA has seen accelerated the retracement of the Aussie's run-up in the first four months...
EUR/USD Breaks Below 1.12, Session Lows The greenback is extending its rally today, now forcing EUR/USD to break below the critical support at 1.1200. EUR/USD focus on US releases Spot is printing fresh 7-week lows in sub-1...
RBA Considered Postponing Rate Cut – Westpac Research Team at Westpac, suggests that the RBA minutes earlier in the week were less dovish than expected...
US Dollar Index Trade Idea Major resistance- 95.20 (Apr 14th 2016) Major support – 94.10 (21 day MA) US Dollar index has surged overnight on the modestly hawkish FOMC minutes increased hopes of rate hike in June...
Forex Technical Analysis: EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, XAU/USD Analysis for May 19th, 2016 EURUSD, “Euro vs US Dollar” We think, today the price may reach a new low. Later, in our opinion, the market may form another consolidation to start a new correction...
GBP/USD Bullish Again, Targets 1.4770 – UOB Following the sharp appreciation of GBP/USD, analysts at UOB Group have shifted their stance to bearish. Key Quotes “The unexpected clear and strong break above 1.4550 has shifted the 2-week neutral outlook to bullish again”...