Roberto Jacobs / Blog
EUR/USD Wobbling Around 1.1400 EUR/USD is now attempting to regain the 1.1400 handle after bottoming out near 1.1370 earlier in the session. EUR/USD attention to risk trends, US data The pair keeps the narrow range at the beginning of the week, meandering between 1.1370 and 1...
NZD/USD Momentarily Dips Below 0.6800 Handle The NZD/USD pair extended its decline further on Monday and has now dropped below an important support confluence near 0.6810-0.6805 to currently trade at the session low level of 0.6800 handle...
USD/CAD Firm Above 1.29 Ahead of Data The greenback retains its buoyant tone on Monday, with USD/CAD keeping the trade in the area of daily highs around 1.2930/40. USD/CAD stronger pre-data The pair is extending its recent rally from multi-month lows in the 1...
USD Longs Dropped, EUR Shorts Reduced - Rabobank Jane Foley, Senior FX Strategist at Rabobank, lists down the IMM Net Speculators’ Positioning as at 03 May 2016. Key Quotes “Despite the dovish position of the ECB, speculators have reduced their net EUR shorts for a run of seven consecutive weeks...
GBP/JPY Reclaims 156.00 Level, Might Now be Eyeing 157.00 Mark The GBP/JPY pair once again trashed bearish expectation of an accelerated downfall below 155.00 handle and has now soared back above 156.00 round figure mark. The pair attracted fresh bids from sub-155...
EUR/GBP Intraday Sharp Reversal Now Eyeing 0.7865 Support The EUR/GBP pair once again failed to built on to its strength and reversed from 0.7925 strong resistance to currently trade near session low of 0.7875 level...
GBP/USD Could See a Test of 1.4277 – Commerzbank According to Karen Jones, Head of FICC Technical Analysis at Commerzbank, spot could see its downside renewed towards the 1.4280 area...
Technical Analysis of USD/JPY for May 09, 2016 USD/JPY is expected to trade with a bullish bias. Last Friday, US stock indices settled higher despite disappointing April payrolls data. Commodities and industrial shares were the best performers. The Dow Jones Industrial Average rose 0...
Technical Analysis of USD/CHF for May 09, 2016 USD/CHF is expected to continue its further upside movement. The pair stands firmly above its key horizontal support at 0.9655 and is challenging its nearest resistance at 0.9765 at first...