Roberto Jacobs / Blog
GBP/USD Forecast: Choppy Price Action Ahead of the Referendum The GBP/USD pair trades neutral around its daily opening, bouncing from a daily low set at 1...
USDCHF: Vulnerable, Targets Further Weakness USDCHF: Having the pair declined further on Tuesday, it looks to extend that weakness in the days ahead which is already underway. On the downside, support lies at the 0.9650 level. A turn below here will open the door for more weakness towards the 0...
Crude Oil Target 3 Hit with Chinese Oil Imports Up 38% Crude Oil, daily Crude oil price is at the time of writing trading higher with support given to it by the hefty increase in Chinese import numbers, low US oil inventories and fears that Nigerian oil production might attract new attacks from t...
GBP/USD: Off-Highs, Consolidates Around 20-DMA The GBP/USD pair reversed entire upward rally triggered by surprisingly positive UK industrial production data and reverted to the negative territory amid persistent risk-off market profile, reflected by lower UK gilt yields. GBP/USD rejected at 1...
EUR/USD Parked Around 1.1370, Bunds, Oil Eyed EUR/USD is now attempting a consolidative pattern around 1.1370, all within a narrow range between 1.1350 and 1.1380. EUR/USD looks to German FI The pair is recovering from the earlier knee-jerk to the mid-1...
European Stocks Back in the Red as Global Growth Woes Resurface The European stocks snapped the previous rebound and fell into losses this Wednesday as worries over Brexit aggravated, while global growth concerns returned to markets and dampened the investors’ sentiments...
GBP/USD Still Neutral Short-Term – UOB The research team at UOB Group sees unchanged the neutral outlook on GBP/USD for the next 1-3 weeks. Key Quotes “GBP inexplicably surged to a high of 1.4664 before reversing as quickly back to a low of 1.4494...
USD/CAD Extends Downslide to a Fresh 5-Week Low As WTI crude oil prices are sustaining strength above $50.00/barrel psychological mark, the USD/CAD pair extended its slide for fourth consecutive day to currently trade at a fresh 5-week low level of 1.2715...
EUR/USD Could Test 1.16 Near-Term – Westpac In view of strategists at Westpac, the pair could re-visit the area of 1.1600 in the next sessions...