Roberto Jacobs / Blog
Technical Analysis of USD/JPY for May 11, 2016 USD/JPY is expected to trade in a higher range as the pair is bullish above 108.20. Overnight U.S. stock indexes rose over 1% posting their biggest gains in two months...
Technical Analysis of USD/CHF for May 11, 2016 USD/CHF is expected to continue its upside movement. The pair stands firmly above its key horizontal support at 0.9680, and is challenging its nearest resistance at 0.9765...
Technical Analysis of NZD/USD for May 11, 2016 NZD/USD is turning up and expected to trade in a bullish bias. The pair is likely to post further rebound. At the same time, the 20-period moving average has crossed above the 50-period one, calling for further upside as well. As long as 0...
Technical Analysis of GBP/JPY for May 11, 2016 GBP/JPY is expected to post further gains. The pair has been supported by its rising 20-period and 50-period moving averages and is looking for a higher top. Meanwhile, the relative strength index still stays above 50. As long as 123...
Oil Recovery Drags USD/CAD Further Below 1.2900 Level Tracking recovery in crude oil prices, the USD/CAD pair has now dropped back below 1.2900 handle to currently trade near day's through level at 1.2875...
US: Evidence for a June Hike Now Lacking - HSBC Research Team at HSBC, recently cut their forecast for US 2016 average growth to 1.8% from 2.0% on the back of the impact of disappointing global growth, financial market turmoil, and continued weakness in the oil and commodity sectors...
Goldman Sachs Revises Its $1000/troy Ounce Gold Call Goldman Sachs’ $1000/troy ounce Gold call, in a year time, given few months back, hasn’t proved so well so far. Despite recent drop in gold prices, yellow metal is still up around 20% this year so far. Goldman cited extra-dovish attitude from U...
BoE: Losing Momentum - Rabobank Jane Foley, Senior FX Strategist at Rabobank, suggests that the publication of the Bank of England’s May Quarterly Inflation Report comes just over a month before the UK goes to the polls to determine whether the country will remain within or leave the EU...
Trading the BoE Inflation Report - TDS Research Team at TDS, suggests that a 9-0 vote seems the safe thing to do for BoE in its forthcoming meet with the EU Referendum just 43 days away. Key Quotes “But two MPC members have said a deterioration in the data might push them to vote for a cut...