Roberto Jacobs / Blog
EUR/USD Finds Support at 1.1500 The decline of the EUR/USD pair from 1.1615, the highest level since August.2015, found support at the 1.1500 handle. The euro started to pullback and accelerated to the downside on American hours amid a stronger US dollar across the board...
GBP/USD: Further Declines to Follow to 1.4370 - FXStreet Valeria Bednarik, chief analyst at FXStreet explained that following an advance to 1.4769, a fresh 4-month high, the GBP/USD pair plunged to 1.4530". Extra related reading: Brexit Countdown: the "Has Britain Got Talent...
Brexit Countdown: The "Has Britain Got Talent?" Edition Traders got back from a long weekend in London earlier today after May Day celebrations and spring festivals...
EUR/USD: Highest Since Chinese Black Monday - FXStreet Valeria Bednarik, chief analyst at FXStreet explained with a new month we start with an old trend, as the greenback kept falling against all of its major rivals this Monday. Key Quotes: "The EUR/USD pair traded as high as 1...
GBP/CAD: Bearish Bias Between 1.78/85 - Scotiabank Analysts at Scotiabank noted that GBP/CAD has consolidated over the past two weeks and the sideways movement in the cross has clearly undermined the broader trend move lower in the pound. Key Quotes: "We see strong resistance overhead at 1...
GBP/USD: Rallies on USD Weakness - FXStreet Valeria Bednarik, chief analyst at FXStreet explained that the GBP/USD pair advanced up to 1.4695, its highest in four months, and holds nearby at the end of the day, with no certain catalyst behind the mode beyond dollar's own weakness...
EUR/JPY: Off Key April Lows 121.70 - Commerzbank Axel Rudolph, analyst at Commerzbank explained that EUR/JPY retested its April low at 121.71 by dropping to 121.75 last week before stabilizing...
GBP/JPY: Modest Rebound After 700-Pip Decline The pound is up against the yen after falling more than 700 pips in the previous three trading days. GBP/JPY managed to erase losses on Monday and it is up for the first day after hitting earlier a 2-week low...
USD/CAD: Fade on Major Gains in USD - Scotiabank Analysts at Scotiabank explained that USD/CAD’s test of 1.25 on Friday is marked on the daily chart by a minor “doji” candle—ordinarily a warning that a move is prone to a correction...