Roberto Jacobs / Blog
AUD/JPY Extends 3-Day Winning Streak, 80 Handle Tested AUD/JPY extends its recovery mode from three-month troughs, receiving fresh boost from the extension of the risk-on trades in Europe. AUD/JPY advances on yen weakness The AUD/JPY pair now trades +0.66% higher at 79...
NOK-Longs will Have to Wait – Danske Bank Mikael Milhoj, Senior Analyst at Danske Bank, believes NOK could barely react to another ‘on-hold’ stance by the Norges Bank at its meeting later in the week...
EUR/USD Back on the Bids, Re-takes 1.1400 Fresh bids caught the EUR/USD pair ahead of 20-DMA (1.1368) over the last hour, as the US dollar wiped-out gains and turned in the red zone against its major peers amid a data-quiet European session ahead. EUR/USD bounces-off 1...
GBP/USD Attempting a Move Past 20-DMA Resistance The GBP/USD pair maintained its bid tone above 1.4400 pivot point, lifting the pair back to day's peak level of 1.4428 during early European session...
EUR/GBP Risks a Drop to 0.7654 – Commerzbank According to Karen Jones, Head of FICC Technical Analysis at Commerzbank, the cross could re-visit the mid-0.7600s. Key Quotes “No change - EUR/GBP continues to probe the...
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...