Roberto Jacobs / Blog
Gold Struggle with Hourly 200-SMA Extends Ahead of US Data Gold holds onto yesterday’s gains and now struggles to extend above hourly 200-SMA located at 1240.10 as a lack of fresh fundamental drivers and mixed sentiment keeps a lid on the prices...
AUD/USD Capped Below hHourly 50-SMA, Awaits Fresh Impetus The AUD/USD pair extends its consolidative phase into a second day this Tuesday, as the bulls remain on the back foot ahead of upcoming risk events from both continents. AUD/USD holds above 0...
GBP/USD: Anti-brexit Chat Supporting the Bid - FXStreet Valeria Bednarik, chief analyst at FXStreet explained that the British Pound outperformed this Monday, rallying up to 1.4518 against the greenback, its highest since early February, with no clear catalyst behind Sterling's strength...
USD/JPY: Bears Held Up at 4hr 200 SMA, So Far USD/JPY opened on the back foot for a test below the 111 handle in an extension of the early Asia grind lower from highs of 111.29...
FOMC Week: a Non-Event? - UOB Analysts at UOB Group explained that the Fed Reserve has a meeting and a policy decision scheduled this coming week, but it is without any post FOMC press conference by Yellen or review of the FOMC economic projections...
JPY Vulnerability Amplified by CFTC Record Longs - Scotiabank Analysts at Scotiabank explained that JPY is outperforming as it attempts to retrace a slight portion of Friday’s impressive 2.0% decline—its greatest one day drop since the BoJ’s surprise easing from October 2014...
NZD/USD Finds Resistance Below 0.6880 NZD/USD remains near last week lows, currently trading near 0.6850, around the same level it closed on Friday. The pair failed to hold to gains after the Kiwi weakened across the board, on the beginning of a busy week with Fed and RBNZ decisions...
FxWirePro: USD/CAD Weaker After Crude Oil Prices Rally, Outlook Remains Bearish The USD/CAD pair declined in the US session on Monday as oil rose prices jumped towards $44per barrel and negative US new home sales weighted on the currency pair...