Roberto Jacobs / Blog
AUD/USD Attempts a Bounce Amid Improved Risk Sentiment The Australian dollar trims losses against its American counterpart in the European session, lifting AUD/USD from multi-week troughs amid renewed optimism spread across the markets. AUD/USD regains 100-DMA at 0...
GBP/USD Clinches Highs Near 1.4470 After a brief adventure to lows in sub-1.4400 levels, GBP/USD has gathered further traction and is now testing daily highs in the 1.4465/70 band. GBP/USD supported by 1...
Technical Analysis of USD/CAD for May 9, 2016 General overview for 09/05/2016: The choppy wave progression to the upside does not look like an impulsive wave, but more like an end of some sort of an ending diagonal...
Technical Analysis of NZD/USD for May 09, 2016 NZD/USD is under pressure. The pair has been capped by the descending 50-period moving average and remains under pressure. At the same time, the relative strength index is around 50 and lacks upward momentum. Hence, as long as 0...
Technical Analysis of GBP/JPY for May 09, 2016 GBP/JPY is expected to trade with a bearish bias. The pair is posting a rebound but stays below its resistance at 156. Meanwhile, the 20-period moving average still stays below the 50-period one...
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...