Roberto Jacobs / Blog
Technical Analysis of USD/CHF for April 25, 2016 USD/CHF is expected to trade with a bullish bias and looking forward for a target at 0.9800. The pair resumed its bullish trend and is now heading upward, supported by its rising 20-period moving average...
Technical Analysis of GBP/JPY for April 25, 2016 GBP/JPY is expected to trade with a bullish bias above 159.45. The pair remains bullish above its nearest support at 159.45. The sequence of higher highs and lows remains intact, which should confirm a positive outlook...
Technical Analysis of NZD/USD for April 25, 2016 NZD/USD is expected to trade with a bearish bias as the pair is capped by a negative trend line. The pair stays below its key resistance at 0.6820 and is also capped by a negative trend line...
Longs are Building in AUD, CAD, NZD and JPY - SocGen Kit Juckes, Research Analyst at Societe Generale, notes that the CFTC data paint a now-familiar picture of speculative FX positioning: Longs are building in AUD, CAD, NZD and JPY...
Oil: Spec Market is Long Crude – Westpac Robert Rennie, Research Analyst at Westpac, notes that the West Texas front month crude oil traded above $44/bbl last week for the first time since Nov 2015...
Fed’s in a Pickle - SocGen Kit Juckes, Research Analyst at Societe Generale, suggests that the odds of this week’s US FOMC meeting delivering a rate hike are zero, according to Bloomberg. Key Quotes “The chances of a cut are higher, but only 2...
BoJ Preview: Clouds Gathering - ING James Smith, Economist at ING, suggests that given recent JPY strength, we expect the BoJ to expand stimulus this week, via increased risk asset purchases and a move to negative rates on the Loan Support Programme...
Asia's Anesthesia Could Wear Off – Deutsche Bank Mallika Sachdeva, Strategist at Deutsche Bank, suggests that three forces – beyond positioning and seasonality – have been at play in the latest Asian FX rebound but the numbing relief from each could wear off...
EUR/GBP Steady Above 0.7800 Mark Ahead of German IFO Business Climate Recovering from its Monday morning gap down opening of 0.7752 monthly low level, the EUR/GBP pair recovery swiftly and is currently holding just above 0.7800 mark...