Roberto Jacobs / Blog
European Stocks Dive on Hawkish Fed Minutes, Oil Sell-Off The European stock markets extend their downward spiral for the second straight session this Thursday, as risk-off market profile persists amid extended sell-off in the oil prices and surprisingly hawkish minutes of the FOMC April meeting...
AUD/USD Remains Vulnerable – Commerzbank In view of Karen Jones, Head of FICC Technical Analysis at Commerzbank, the Aussie dollar could accelerate the downside to 0.6828. Key Quotes “AUD/USD has eroded the 200 day ma at .7260, this is negative. The intraday Elliott wave are more negative”...
EUR/GBP Drops to 0.7650 After Solid UK Retail Sales Growth The EUR/GBP pair faded its tepid bounce to 0.7700 during Asian session and built on to the Wednesday's sharp slide after the UK retail sales recorded a solid rebound in the month of April...
FxWirePro: DAX Faces Strong Resistance 1000, Good to Sell on Rallies Major resistance- 9975 (55 day EMA) Major support -9750 DAX has made a high of 9963 and started to decline from that level. It is currently trading around 9845. Short term trend is weak as long as resistance 9975 holds...
GBP/USD Near 1.4650 Post-UK Data The Sterling has regained the 1.4600 handle and above vs. the greenback today, now pushing GBP/USD to the vicinity of 1.4650. GBP/USD higher on data After a brief test of session lows near 1...
Daily Forex Fundamental Overview Fundamental Analysis EUR “It will clearly be a very long, hard slog to get eurozone consumer-price inflation back up to the ECB’s target rate” - IHS Global Insight...
GBP: Currency Index & Volatility Relative Currency Strength Although the Pound Sterling Index was moving below the base line over the vast part of the period ended May 17, by the last day of it this currency managed to regain quite enough strength to close with an increase of 0.38...
German Bunds Slump on FED Rate Hike Expectations, Focus on Crude Oil The German long-term bunds slumped on Thursday as investors cooled on safe-haven assets after FOMC April meeting minutes from the U.S. Federal Reserve’s strengthened bets of an interest rate hike in June...
FxWirePro: EUR/SEK Fails to Sustain Below 9.35, Downside Limited EUR/SEK is currently trading around 9.3690 levels. It made intraday high at 9.3714 and low at 9.3530 levels. Intraday bias remains bearish for the moment. A sustained break above 9.37 tests key resistances at 9.3967, 9.4102, 9...