Roberto Jacobs / Blog
EUR/USD Stretches to Fresh Highs EUR/USD extended gains and hit fresh daily highs during the American session after breaking above the 50-hour SMA. EUR/USD picked up pace and climbed to a new daily peak of 1...
USD/CHF: Rebound from Strong Resistance Level of 0.9775 Movement direction in the pair USD/CHF in April is similar to the movement in the pair USD/JPY. Since mid-April the pair USD/CHF has significantly strengthened and won back half of the losses of the previous month...
USD/CHF: Positions of SNB and US Fed Remain Different Last Friday the USD significantly rose against major currencies. Expectations that the US Fed will increase interest rates in June supported by the positive US macro-economic statistics...
USD/JPY: the Level of 111.00 Since opening of the trading day the pair USD/JPY is undergoing downward correction against significant rise last week. The price has rebounded from the level of 111.95, which is crossed by ЕМА50 (on the daily chart). Fibonacci retracement 23...
USD/JPY: In Anticipation of the Meeting of the Bank of Japan Last Friday the pair USD/JPY rose by 2.0% up to 3-week highs at the level of 111.80...
USD/CAD Off Daily Highs USD/CAD turned lower and trimmed most of its intraday gains as the loonie regained ground at the beginning of the American session, moving in tandem with oil prices. WTI pulled back from 5-month highs on Monday, dragging the loonie down with it...
US FOMC Preview: Hawks and Centrists Think about More Than Two Hikes - Rabobank According to Philip Marey, Senior US Strategist at Rabobank, the Federal Reserve hasstressed that the hiking cycle will be gradual and cautious, but market expectations are undershooting the Fed’s intended rate trajec...
EUR/GBP: Below 0.7750, Opens 0.7660/00 - Lloyds Bank Analysts from Lloyds Bank expect the EUR/GBP pair to drop toward at 0.7660 - 0.7600 in the short-term, particularity if it breaks under 0.7750. Key Quotes: “We saw capitulation on Friday, with a sharp extension lower of the move from 0.81/0...
USD/CHF Retreats From 1-Month Highs The Swiss franc is rising against the US dollar, making a correction after falling during the previous three sessions. USD/CHF is trading steady around 0.9750, 40 pips below Friday’s closing price...