Roberto Jacobs / Blog
EUR/JPY Fades a Spike to 123.20 as Risk-off Seeps Back The retreat in the Asian indices back towards monthly lows, particularly the Japanese stocks, boosted the JPY bulls and drove the yen crosses lower across the fx board. EUR/JPY capped by daily R2 The EUR/JPY pair now trades +0...
EUR/USD Looks for Direction Near 1.1300 The single currency is alternating gains with losses vs. the dollar on Monday, now taking EUR/USD to the low-1.1300s. EUR/USD supported near 1.1280 Spot has regained the 1.1300 handle after briefly dipping to the 1...
USD/JPY Struggling to Regain Momentum Above 109.00 Handle Following its reversal on Friday from 109.50 resistance area, the USD/JPY pair now appears to struggle in moving back above 109.00 handle. On Monday, the pair remained capped at 109...
Oil Bounces Over 1% on Goldman Sachs Comments Oil benchmarks on both sides of Atlantic resumed its recent upsurge after a brief drop seen last Friday, in response to the optimistic comments from long-time bear Goldman Sachs on oil fundamentals...
EUR/GBP More Rangebound Below 0.7900 EUR/GBP is posting meager gains at the beginning of the week, extending its consolidative pattern below the 0.7900 mark...
AUD/NZD: Positive Momentum but Cose to a Turning Point - Westpac Imre Speizer, Senior Market Strategist at Westpac, suggests that the NZD/AUD momentum remains positive and could push it a little higher to around 0.9400, but we are probably also close to a turning point...
EUR/USD: Futures OI Increased by 3.7k Last Friday Preliminary data from the CME Group shows that futures traders added new business in the 6E contract (EUR/USD) last Friday, a day in which the pair broke a key area of support at 1...
FxWirePro: USD/INR Fails to Sustain Above 66.90, Intraday Bias Remains Bearish USD/INR is currently trading around 66.83. It made intraday high at 66.91 and low at 66.81 marks. Intraday bias remains bearish till the time pair holds key resistance at 66.95 marks. A daily close below 66...
FxWirePro: AUD/USD Recovers Gap Down Open, Bearish Trend Firmly in Place AUD/USD has recovered the opening downside gap but bearish trend in the pair firmly in place. Poor Chinese data over the weekend weighed heavily on the pair, AUD/USD hit session lows at 0.7244. AUD/USD currently trading at 0...