Roberto Jacobs / Blog
EUR/USD Keeps the Red Around 1.135 Post-GDP, US Data Eyed The recovery from above 50-DMA stalled near 1.1355 region in the European session, with EUR/USD consolidating the downside, paying little attention to the sluggish Eurozone GDP numbers...
USD/CAD Off Highs, Back to 1.2850 The Canadian dollar has trimmed part of its initial losses vs. its American peer on Friday, now taking USD/CAD to the mid-1.2800s. USD/CAD focus on US data, oil Spot has lost upside momentum after testing 1...
USD Could Extend its Rally Next Week – Westpac Richard Franulovich, Strategist at Westpac, sees the greenback could gather further traction in the next week...
USD/CHF Looks to Regain 0.9787/0.9833 – Commerzbank Karen Jones, Head of FICC Technical Analysis at Commerzbank, believes the pair could revisit the area of 0.9787/0.9833. Key Quotes “USD/CHF has eased back slightly to the previous downtrend at...
GBP/USD Further Consolidation Likely – UOB In view of analysts at UOB Group, the pair could face a consolidative pattern in the next 1-3 weeks. Key Quotes “The 1.4390 support indicated yesterday held as GBP rebounded strongly from a low of 1.4406 (overnight high of 1.4529...
EUR/JPY Reverses a Dip to 123, EZ GDP in Focus The EUR/JPY cross stalled its downslide and bounced-off lows just ahead of 123 handle as risk sentiment appears to recover amid a minor-bounce seen in the European stocks. EUR/JPY jumps-off 4-day lows The EUR/JPY pair now drops -0.53% to 123...
Technical Analysis of USD/JPY for May 13, 2016 USD/JPY is expected to trade with a bullish Bias. Overnight, US stock indices, following oil prices' choppy trading path, ended narrowly mixed...
Technical Analysis of USD/CHF for May 13, 2016 USD/CHF is expected to trade with a bullish bias above 0.9680. The pair is pulling back now after yesterday's rallies. A strong support base around 1.4430 has formed and should limit any downward attempts...
Technical Analysis of NZD/USD for May 13, 2016 NZD/USD is expected to trade in a higher range as the bias remains bullish. The pair stands firmly above its nearest support at 0.6775 and is likely to post a new bounce...