Roberto Jacobs / Blog
Daily Analysis of USDX for May 06, 2016 On the H1 chart, USDX continues to recover above the 200 SMA, and it could pull back from the resistance zone of 93.80 in order to resume the overall bearish bias. However, that scenario could change when a breakout happens above the 94...
Daily Analysis of GBP/USD for May 06, 2016 The current structure of the Cable is calling for a bearish continuation below the 200 SMA, and the H1 chart is showing us that the level of 1.4430 could provide a strong support on a short-term basis...
US April’s Payrolls Seen at 200K - Rabobank Piotr Matys, EM FX Strategist at Rabobank, suggests that today it is all about the US non-farm payrolls...
US NFP: Disappointment May Lead to Adverse Reaction in the USD - TDS Research Team at TDS, suggests that some of the price action in the USD this week partly reflects the optimism expected in headline payrolls and positive calendar effects associated with hourly wages...
Risk-off Sentiment Drags USD/JPY Back Below 107.00 Level The USD/JPY pair's early Asian session bump to 107.42 found fresh offers, dragging the pair back below 107.00 handle to currently trade near session low near 106.90. The pair got rejected from weekly high level of 107...
EUR/USD Upside Capped in the Medium-Term – Danske Bank Senior Analyst at Danske Bank Pernille Henneberg sees gains in the pair could be limited in the medium-term horizon. Key Quotes “EUR/USD continues slowly lower. EUR/USD is back around 1.14 after touching above 1.16 earlier this week...
Downside Risk for US Labour Market Report – Danske Bank Research Team at Danske Bank, suggests that today focus is on the US labour market report for April...
Moody’s: Brexit 'May Trigger the Collapse of Fragile EU' In a report published late-Thursday, credit ratings agency Moody’s warned that Brexit could lead to the collapse of the European Union (EU...
EUR/USD Clinches Highs Near 1.1420 The shared currency is seeing its buying interest accelerated early in Europe on Friday, pushing EUR/USD to daily highs near 1.1420...