Roberto Jacobs / Blog
Gold Upside Seems Capped Near $1270 Gold seems to consolidate below $1270 level after registering a steep fall on Monday and is currently trading near 2-week low...
US Dollar Keeps Highs Near 94.30 The greenback, tracked by the US Dollar Index, is extending its upside momentum today and is now hovering over highs around 94.30...
GBP/USD Holds Onto Daily Gains GBP/USD is trading firmer on Tuesday, supported by positive sentiment across financial markets and better-than-expected UK trade readings. GBP/USD climbed to a daily peak of 1.4465 but found resistance and retreated. However, the pullback was contained by the 1...
EUR/GBP Drops Back to 0.7870 Confluence Support The EUR/GBP pair remains intact within a broad trading range but is now heading towards session low level of 0.7870, the lower end of the range. The pair has been oscillating within a broad trading range with 50-day SMA (near 0...
GBP/USD Bulls are Losing Their Breath The graceful upward trajectory staged by the GBP/USD on the daily chart, finds an offsetting bearish harami, a pattern comparable to an Western inside bar...
NZD/USD Outlook Shifted to Bearish – UOB The perspective for the Kiwi dollar has now shifted to the bearish side from neutral, suggested the research team at UOB Group. Key Quotes “The ease of which the strong support at 0...
FxWirePro: ECB's Negative Rates and Further App Dampen Euro's Growth, OTC Indications to Substantiate - Hedge Euro Euro gained against dollar about 8...
Iron Ore Decline Additional Pressure for Aussie Three factors worked behind Australian Dollar’s 1000 pips gain against Dollar since January...
Saudi Aramco Plans to Expand Production After major reshuffle over the weekend, which saw reassigning Ali-al-Naimi, Saudi Arabia’s two decade long oil minister to the advisor to the court and replaced by chairman of Saudi Aramco, Khalid al-Falih, Saudi Aramco’s chief executive officer said Aramco...