Roberto Jacobs / Blog
EUR/USD Trade Idea EUR/USD Bottom 1.1365, down 10 pips overnight from 1.1375. Range break above 1.1721, 1.1886, 1.1979. Range break below 1.1131, 1.0977, 1.0892. Target 1.1486, down 5 pips overnight from 1.1491. Failure point 1.1442, down 8 pips overnight from 1.1450. Levels on the way up, 1...
Oil Climbs to Fresh 2016 Highs, Eyeing Levels Beyond $47.00 Mark WTI crude oil futures maintained its strong bid tone since yesterday, lifting the commodity to a fresh 2016 high level of $46.90...
NZD: Continue to See a Downward Bias as the Year Progresses - BNZ Research Team at BNZ, suggests that the weaker fundamentals for the AUD have helped drive the NZD down over the past couple of weeks...
Gold Attempts a Tepid Bounce Towards $ 1270 The yellow metal stalled its selling spiral and now makes fresh recovery attempts from 1266 lows, despite broad based US dollar strength and a slightly hawkish BOE documents. Gold holds above 20-DMA support Currently, gold trades -0.76% lower at 1267...
USD/CHF Turns Neutral at 0.9700 Handle, Awaiting Fresh Triggers The USD/CHF pair turned negative and dropped to test 20-day SMA support near 0.9680 before recovery back above 0.9700 to turn neutral around 50-day SMA...
FxWirePro: EUR/CAD Trades Lower on Strong Oil Price, Good to Sell on Rallies Major resistance- 1.4820 (200 day MA) Major support – 1.4600 EUR/CAD has declined after making a high of 1.48249 (9th May 2016).It is currently trading around 1.46632...
GBP/JPY Soars 1% Beyond 158 Handle on BOE The GBP/JPY pair climbed further to hit fresh ten-day highs after the BOE kept monetary policy unchanged, although surprised markets over its confidence over UK’s economic prospects post EU referendum...
EUR/GBP Slides Sharply to 0.7860 After BOE Announcement After fading its spike to 0.7919, touched during early European session, the EUR/GBP pair extended it slide to fresh 7-day low level of 0.7858 immediately after BOE policy announcement...
BoE Says Uncertainty Associated with EU Referendum Weighing on Activity Activity growth slowed in Q1 and a further deceleration is expected in Q2 and according to the BoE, “there are increasing signs that uncertainty associated with the EU referendum has begun to weigh on activity...