Roberto Jacobs / Blog
GBP/JPY Finds Support at 157.00, Still Down More 400 Pips GBP/JPY is falling sharply on Thursday's on the back of a stronger yen. During the last hours, the pound managed to move off session lows but is still headed toward a decline of more than 500 pips. GBP/JPY collapse finds support at 157...
EUR/USD: Neutral Outlook, Risks Becoming More Balanced - MUFG Analysts from The Bank of Tokyo-Mitsubishi UFJ, a cautious Federal Reserve may encourage one last leg lower for the US dollar but risks becoming more balanced in the EUR/USD pair. They expect it to trade neutral between 1.1200 - 1...
USD/CHF Attempting a Move Above 0.9700 Mark The USD/CHF pair has been trending lower and is currently trading off day's through but still below 0.9700 round figure mark...
Brent: The Price Goes Up Despite the Forecast. Fundamental Analysis Although yesterday the US Department of Energy presented the data showing that oil reserves in the USA rose by 1.999 barrels in the week of 16-22 April (a week before that oil reserves rose by 2...
Brent: In the Upward Channel. Technical Analysis Review and dynamics: On the daily chart the price of crude oil Brent continues to grow in the ascending channel with the upper limit at the level of 48.40. Currently the price has reached new annual highs at the level of 47.30...
Analytical Review of the Currency Pair AUD/USD Technical data of the currency pair: Previous closing: 0.7600; Daily range: 0.7574-0.7658; Opening: 0.7600...
FxWirePro: AUD/USD Gains Some Upside Momentum But Still Bearish AUD/USD declined on Thursday after soft inflation data weighted on Australian dollar on expectation of a cut in rates by Reserve Bank of Australia...
GBP/USD Trims Most Daily Gains GBP/USD was rejected once again from the 1.4620 zone and fell back below the 1.46 mark, trimming most of its intraday gains. GBP/USD pulled back to a session low of 1...
USD/JPY Moves Off Daily Lows, Back Above 108.50 The yen lost momentum during the last hours as stocks in the US recover ground and following US GDP data. USD/JPY dropped to test daily lows but bounced to the upside, breaking above 108.45/50 (European session highs). The pair recently reached 108...