Roberto Jacobs / Blog
NZD Slipped by 0.3% in Response to the AUD Move - SocGen Kit Juckes, Research Analyst at Societe Generale, suggests that the NZD has fallen 0.3% in response to the AUD move, so driving AUD/NZD sharply lower. Key Quotes “I’d rather be short NZD/USD than AUD/USD around these levels...
CHF/JPY Faces Strong Resistance at 114.65, Break Above Targets 115.20/116 Major resistance – 114.65 (200 4 HMA) Major support – 113.40 The pair has broken minor resistance 114.27 and jumped till 114.59. It is currently trading at 114.59. Short term trend is slightly bullish as long as support 113...
AUD: Short-Term Market Caught the Wrong-Footed – BBH Research Team at BBH, suggests that the short-term market was caught the wrong-footed when Australia reported an unexpected decline in Q1 CPI. Key Quotes “The 0.2% decline contrasts to expectations for an increase of the same magnitude...
GBP/NZD Surges Post UK GDP Data The GBP/NZD pair surged past 2.1300 mark to trade near day's peak of 2.13300 after the first quarter UK GDP meet consensus estimates...
USD/CAD Recovery from 9-Month Lows Falters Near 1.2600 The USD/CAD pair is seen trying hard to extend the recovery above 1.26 handle, but in vain, as higher oil prices and a broadly lower USD continue to weigh. USD/CAD rejected near daily pivot Currently, the USD/CAD pair drops -0.09% to 1...
EUR/USD Retraces from High but Holds Above 1.1300 Mark The EUR/USD pair witnessed a sudden spike to 1.1333 before retracing back to 1.1300 mark, holding with some minor gains in a range-bound trade...
USD/JPY Bounces-Off 111, Tests 5-DMA Before FOMC The US dollar managed to recover losses versus its Japanese counterpart in the European session, now pushing USD/JPY to fresh daily highs on 111 handle...
Technical Analysis of GBP/CHF for April 27, 2016 Technical outlook and chart setups: The GBP/CHF pair is quickly approaching the major resistance around 1.4280/90 levels as depicted on the chart view here...
Technical Analysis of USD/CHF for April 27, 2016 USD/CHF is expected to trade with bearish bias as the key resistance is at 0.9765. The pair remains under pressure below its horizontal resistance at 0.9765, and it is also capped by its falling 50-period moving average...