Roberto Jacobs / Blog
EUR/USD Neutral, Could Test 1.13 – UOB Analysts at UOB Group keep the neutral stance on EUR/USD, although it could slip toward the 1.1300 handle in the near term. Key Quotes “We just shifted to a neutral stance last Friday and there is no change to the view”...
Oil Trades Mixed, Cautious Before Weekly Inventory Reports Having witnessed a volatile session the day earlier, oil benchmarks on both sides of Atlantic are seen trading directionless in a tight range, as markets await the API inventory report for fresh momentum...
USD/CHF Retreats from Highs, Tests 0.9700 The greenback keeps alive its march north on Tuesday, although USD/CHF has retreated from highs and returned to the 0.9700 neighbourhood...
GBP/JPY Fast Approaching 20-DMA Near 157.00 Level Extending its smart recovery from sub-155.00 level on Monday, the GBP/JPY pair on Tuesday moved back above 10-day SMA and is now inching closer to 157.00 handle...
Loonie Vs. Wti Correlation Study It is quite well known that Canadian Dollar and Oil are closely related since oil is Canada’s major export product...
GBP/JPY Breaks Major Resistance, Jump Till 158.50 Is Possible - It is Good to Buy at Dips Major resistance- 156.71 (21 day MA) Major support - 155.85 (7 day EMA) The pair has been consolidating between 156.66 and 153.63 for the past six trading session. GBP/JPY has violated above 156...
Australian Bonds Rise Modestly on Dovish Outlook The Australian government bonds were trading modestly firmer on Tuesday as investors were cautious with global markets uncertainty and weak inflation outlook. Also, bonds are higher with global markets uncertain about the US economic outlook...
FxWirePro: Kiwi Erases Previous Gain Against Aussie, Remains Well supported Above 1.08 AUD/NZD is trading around 1.0870 marks. Pair made intraday high at 1.0872 and low at 1.0795 marks. Intraday bias remains bullish till the time pair holds immediate support at 1.0833 marks. A daily close below 1...
NZD/USD Eyeing 200-DMA to Extend Support Bears further tightened their grip on the NZD/USD pair as the pair continues to spiral down below the mid-point of 0.6800-0.6700 handle to currently trade 10-pips away from a fresh two-month low of 0.6733 touched earlier...