Roberto Jacobs / Blog
EUR/USD Offered Near Hourly 50-SMA, Back to 1.1250 The bulls appear to face exhaustion over the last hour, stalling the rebound in EUR/USD near hourly 50-SMA at 1.1270, despite negative European equities and oil prices. EUR/USD ignores weaker Ifo Currently, EUR/USD trades 0.25% higher at 1...
EUR/GBP Remains Exposed to Further Downside – Commerzbank The perspective for European cross remains tilted to the downside, according to Senior Technical Analyst at Commerzbank Axel Rudolph. Key Quotes “Last week EUR/GBP slipped below the February high at...
GBP/USD Still Focused on 1.4455/60 – UOB The research team at UOB Group said GBP/USD needs to close above 1.4455/60 in order to allow for further gains. Key Quotes “The undertone for GBP is clearly positive but as mentioned in recent updates, only a daily closing above 1...
USD Expected to Gather Traction in the Next Months – Danske Bank Analyst at Danske Bank Mathias Mogensen sees the dollar edging higher in the upcoming months...
EUR/CHF Keeps Lows Near 1.0970 The Swiss franc is gathering upside momentum on Monday, dragging EUR/CHF to the area of session lows in the 1.0980/70 band. EUR/CHF gains capped near 1.1020 The cross is retreating from last week’s tops in the 1...
USD/JPY Finds Solid Support Just Ahead of 111 The bears appear to loosen their grip on the USD/JPY pair, allowing a minor pullback from 111 handle once again amid risk-off market profile...
EUR/GBP Hits Fresh Session Highs Near 0.7810 Post-IFO The EUR/GBP cross keeps the bid tone intact following the release of the German Ifo surveys, which showed a slight deterioration in the business sentiment. EUR/GBP holds above 0.78 handle Currently, the EUR/GBP pair trades 0...
GBP/USD Erases Early Gains, Drops Back to 1.4400 Mark The GBP/USD pair early morning gains ran into selling pressure, dragging the pair back towards 1.4400 handle to currently trade near 1.4410 level...
EUR/USD Faces Support Around 1.1140 – Commerzbank Axel Rudolph, Senior Technical Analyst at Commerzbank, noted the relevant support levels for the pair. Key Quotes “Last week EUR/USD failed at 1.1400 as expected and this week reached the previous April low at 1.1234 and nearly the 55 day ma at 1...