Roberto Jacobs / Blog
EUR/USD Side-Lined Around 1.1375, German, EZ GDP Eyed The EUR/USD pair extends its overnight consolidation phase into late-Asian trades, trading absolutely lacklustre ahead of a data-heavy macro calendar due later today. EUR/USD trades around 20-DMA at 1...
AUD: Timing of Another RBA Rate Cut will Cap Rallies - Westpac Sean Callow, Research Analyst at Westpac, suggests that the timing of another RBA rate cut will hang over AUD for some months, capping rallies. Key Quotes “But market pricing of about 20-25% chance for June, 100% by Oct and a 1...
NZD/USD: Break Below Four-Month Old Ascending Channel - Westpac Imre Speizer, Research Analyst at Westpac, notes that the NZD/USD has broken below a four-month old ascending channel such that momentum is now pointing downwards, mainly due to the US dollar’s rebound since 3 May...
GBPUSD: Going Through a Consolidation Phase – Lloyds Bank Research Team at Lloyds Bank, suggests that the GBPUSD is currently in a consolidation phase over the 1.4375/65 support region. Key Quotes “The impulsive reversal, after spiking up to 1...
Daily Recommendations on Major -EUR/USD DAILY MARKET OUTLOOK Update Time: 13 May 2016 04:18 GMT EUR/USD - 1.1373 Despite the single currency's strong rebound from Tuesday's low at 1.1359 to 1...
USDCAD the Trade of the Day Hi Traders, With the latest US Oil inventories data showinglower supplies the Oil price has found a real base. The priceis not only comfortable with the $45-46 handle it’s starting to grind higher. We've had a nice technical break through 45...
Guide to Today's Important Data and Events Lots of economic dockets scheduled for today and some with high risks associated. Upcoming – Japan – Bank of Japan (BOJ) Governor Kuroda is scheduled to speak at 3:30 GMT. Tertiary industry index will be released at 4:30 GMT...
Asian Markets in Red, Gold Finds Support Above $1262 All the major Asian indices are trading on a lower note on the last working day of the week. On the other side, Gold fails to fall below $1260 marks and trading above $1266 marks...
FxWirePro: ASX200 Struggles to Break Above 5380, Good to Sell on Rallies Major resistance - 5380 Major Support - 5300 ASX200 pares early gains made today and slightly declined till 5328 at the time of writing. It is currently trading at 5331...