Roberto Jacobs / Blog
EUR/USD, Weekly Forecast, May 16 - 20: Rebounding from Main Support 1.1355 with Possible Target on 1.1615 Main scenario: The pair is trading along an downtrend with target on 1.1215, that may be expected to continue, while pair is trading below resistance level 1.1370...
EURUSD: Faces Downside Pressure On Bear Pressure EURUSD: With EURUSD continuing to maintain its downside pressure, further downside pressure is likely. Support lies at the 1.1250 level. Further down, support comes in at the 1.1200 level where a violation will aim at the 1.1150 level...
Crude Oil Prices Remain in the Limelight – Danske Bank Senior Analyst at Danske Bank Morten Helt has assessed the recent price action in crude oil...
EUR/USD Bearish, Eyes 1.1215 – UOB Analysts at UOB Group have turned bearish on EUR/USD, expecting a visit of 1.1215 in the near term. Key Quotes “We turned bearish EUR yesterday but highlighted that the downside potential is likely limited to 1.1215”...
EUR/USD Still Faces Downside Risks – Commerzbank According to Karen Jones, Head of FICC Technical Analysis at Commerzbank, sees the likeliness of the pair to resume its downside. Key Quotes “EUR/USD has sold off towards and is seeing a small rebound from the 1.1279 55 day ma”...
Why Should Oil Bulls be Cautious? Production drop in United States to 8.8 million barrels/day, close to 1.8 million per day production drop in Canada due to wildfire and outages in countries like Libya, Nigeria is fuelling the rise in oil prices. WTI is currently trading at $48...
Australian Bonds Slump on Firm Risk Sentiments The Australian government bonds slumped Tuesday on tracking overnight rally in crude oil prices and equities market...
Home Prices in Canada Likely to Climb at a Double-Digit Pace in 2016 In April, Canada’s existing home sales was up 3.1%, reaching the highest level for the April month. The sales-to-listings ratio climbed to 64.5. The average existing home price grew 13.2% y/y...
Australia Weekly Consumer Confidence Ticks Up, Sharp Views on Economic Outlook Supports Australia weekly consumer confidence for the week ending May 15 ticked higher for the third straight week, remaining well above its long run average, highly driven by sharp consumer views on the outlook of the...