Roberto Jacobs / Blog
ECB’s Constancio: ECB is Determined to Pursue Expansionary Policy Speaking at an event in London, ECB governing council member Constancio noted that the central bank’s monetary policy should remain expansionary...
IPSOS Poll: Brexit Will Harm the EU More than the UK Latest poll conducted by IPSOS showed that the respondents believe that a Brexit would lead to a domino effect in other countries...
Cable Breaks Major Support 1.4400, Targets 1.4280/1.4240 Major support - 1.4400 (trend line joining 1.44437 and 1.44229) Major resistance -1.4450 (support turned into resistance) Cable has broken major support 1.4400 and declined till 1.43780 at the time of writing...
USD/JPY Bulls Unstoppable, 108 – a Whisker Away The rebound in the European stocks provided a fresh breath of air to the USD bulls, driving the USD/JPY further towards 108 handle...
EUR/USD Turns Negative Below 1.1400 The single currency is now losing momentum, sending EUR/USD to test lows in the 1.1390/80 band...
USD/CHF Reverses from 50-DMA, Dips Back Below 0.9700 Handle The USD/CHF pair witnessed some profit taking from the vicinity of 50-day SMA region (0.9725-30 area), dragging the pair to its session low level of 0.9693...
Technical Analysis of Silver for May 09, 2016 Technical outlook and chart setups: Silver has been trading sideways for 2 consecutive trading sessions between $17.25 and $17.45 levels respectively. The metal had reversed from $18.00 levels earlier and is trading at $17.40 levels for now...
Technical Analysis of Gold for May 09, 2016 Technical outlook and chart setups: Gold has dropped lower today and is trading at $1,280.00/81.00 levels for now. The metal might be supported at these levels and push higher one last time through $1,307.00/10.00 levels before reversing lower...
USD/JPY Now Focused on 105.00 – BBH Analysts at BBH have noted the relevance of the 105.00 handle amidst talks of BoJ intervention. Key Quotes “The dollar hit a low near JPY105.55 on May 3 before bouncing back to JPY107.50”. “Recall that the previous lows were in the JPY107.60-JPY107.70 area...