Roberto Jacobs / Blog
AUD/USD Turns Negative, Eyeing 100-DMA Support The AUD/USD pair faced fresh offers at day's peak of 0.7385 and has now turned negative to currently trade around Friday's low level near 0.7350...
USD/CHF Halts a 4-day Rally, Attacks 0.9700 The USD bulls finally faced exhaustion and turned in the negative territory for the first time in five days, mainly driven by persisting risk-off environment. USD/CHF fails near 0.9740 Currently, the USD/CHF pair trades -0.19% lower at 0...
EUR/JPY Attempting a Recovery to 123.00 Level Global risk-on sentiment seems to assist the EUR/JPY pair to extend its Friday's recovery from April lows and test a previous support now turned resistance near 122.55-60 area. Moreover, factory orders data from Germany that showed orders rose 1...
AUD/NZD: Relative Commodity Prices Remain Broadly Supportive - Westpac Sean Callow, Research Analyst at TDS, suggests that the changing relative interest rate outlook has knocked AUD/NZD from above 1.12 in April to lows last seen in February...
EUR/USD Still Remains Under Pressure – Danske Bank Senior Analyst at Danske Bank Pernille Henneberg has assessed the recent price action in the pair. Key Quotes “Over the past week, the USD has strengthened over 1% against the EUR...
GBP/USD Downside Appears Limited Near 1.44 – UOB According to analysts at UOB Group, the pair’s downside could struggle to breach the 1.44 support in the near term. Key Quotes “We turned neutral GBP last Wednesday and were of the view that the corrective pull-back from the high 1...
USD/JPY Could be Eyeing 108.00 Level The USD/JPY pair found support at 5-day SMA near 107.10-08 to move past 107.50 level and now seems headed to test 10-day SMA resistance near 107.90-92 area. Friday's disappointment from NFP print did drag the pair below 107.00 handle to 106...
FxWirePro: Gold Struggles to Close Above $1300, Good to Sell on Rallies Potential reversal Zone - $1303 (May 2nd high) Gold has once again retreated after making a high of $1295 on Friday. The yellow cannot able to hold above $1300 level and facing selling pressure at higher levels...
EUR/USD Side-Lined Above 1.1400, Awaits German Data Having bottomed out at 1.1380, the shared currency keeps its recovery mode intact against its American counterpart in late-Asia, taking EUR/USD above 1.14 handle...