Roberto Jacobs / Blog
EUR/GBP Turns Negative but Holds 50-Day SMA Support The EUR/GBP pair attracted fresh offers from 0.7900 neighborhood and swung back into negative territory to currently trade flat at Thursday's closing level of 0.7874. After yesterday's fall from 0.7927 level to 0...
EUR/USD Pushes Higher, Near 1.1430 ahead of NFP The single currency keeps its buoyant tone at the end of the week, lifting EUR/USD to session tops near 1.1430. EUR/USD stronger ahead of Payrolls The pair is rebounding from weekly lows in the 1...
Technical Analysis of USD/JPY for May 06, 2013 USD/JPY is expected to trade in a higher range as pair is moving upwards. Overnight, the U.S. stock indices were little changed as investors remained on the sidelines awaiting the April jobs report to be released tonight...
Technical Analysis of USD/CHF for May 06, 2016 USD/CHF is expected to trade in a higher range as target 0.9735 is in sight. The pair remains on the upside and is expected to post further rebound. The 20-period and 50-period moving averages are playing support roles...
Technical Analysis of NZD/USD for May 06, 2016 NZD/USD is expected to trade in a lower range as the pair is under pressure. The pair remains under pressure below its horizontal resistance at 0.6920. Both the 20-period and 50-period moving averages are playing resistance roles as well...
USD/CAD Meanders Near Lows Ahead of Employment Data Having met fresh supply at 1.2900 levels in early Europe, the USD/CAD pair is seen consolidating a sudden downwards spike near 1.2840 region. USD/CAD slips nearly 50-pips Currently, the USD/CAD pair drops -0.08% to 1...
GBP/USD Regains 1.4500 and Beyond ahead of NFP The GBP/USD pair finally stormed its way through 1.45 handle and now heads for a test of 5-DMA at 1.4541 as the US dollar drops further against its competitors over the last hour. GBP/USD finds fresh bids near 1.4475 region The GBP/USD pair trades 0...
GBP/USD: 1.44 Still on the Cards – UOB The research team at UOB Group still believes GBP/USD could re-test the 1.4400 area in the near-term. Key Quotes “There is no change to our view wherein we expect the current pull-back in GBP to extend lower towards 1.4400”...
FxWirePro: CHF/JPY Faces Strong Resitance at 112.65, Good to Sell on Rallies Major support – 110.50 The pair has broken major support 110.50 and declined till 110.40. It is currently trading around 110.52. Short term trend is bearish as long as resistance 112.65 (21 day MA) holds...