Roberto Jacobs / Blog
Gold Retreats From Highs, Below $1,240 The ounce troy of the precious metal keeps the area of daily highs near $1,240 on Monday following a continuous selling mood around the US dollar...
EUR/USD Holds Onto Daily Gains EUR/USD hovers near session highs as the dollar maintains the soft tone at the beginning of the New York session...
FxWirePro: Bears Resume Again As EUR/CHF Approaches 1.1015 and Range bounded Trend Back in Action Both on daily and weekly plotting, after two weeks of upswings bulls have now taken a halt as price touches at 1.1015 levels...
AUD/USD Tests 0.7730 Immediate Resistance Broad based USD selling pressure lifted the AUD/USD pair back above 0.7700 mark to session high of 0.7729, representing a short-term ascending trend-channel break-point turned immediate resistance...
NZD/USD Back to Neutral Stance – UOB In view of analysts at UOB Group, the Kiwi dollar’s outlook has now shifted back to neutral from bullish. Key Quotes “Our recent bullish expectation for NZD was proven wrong quickly as the stop-loss at 0.6910 was taken out”...
USD/CAD Keeps Pointing Southwards – Scotiabank Eric Theoret, FX Strategist at Scotiabank, has reiterated the bearish bias in the pair in the near term. Key Quotes “USD/CAD appears to be consolidating at the lower end of its descending trend channel with recent congestion centered around 1.2680”...
EUR/GBP Seen at 0.75 in 3-Month – Rabobank Jane Foley, Senior FX Strategist at Rabobank, believes the cross could slip lower towards 0.75 in a 3-month view...
USD/CAD Fails to Hold Above 1.2700 The Canadian dollar trades slightly weaker against the greenback as oil prices eased from 5-month highs during the European session. USD/CAD rose briefly above 1.2700 and reached a daily high of 1...
USD/JPY Selling Pressure Intensifies, Drops Below 111.00 Mark The USD/JPY pair upside was capped at a 3-week high level of 111.86 touched earlier on Monday and the pair has now drifted back below 111.00 mark to 110.84...