Roberto Jacobs / Blog
NZD/USD: There are Grounds to Increase Long Positions Following yesterday’s meeting of ECB, which did not bring surprises, investors started to focus attention on the forthcoming meetings of the Central Banks of New Zealand (27 April), USA (27 April), and Japan (28 April...
FxWirePro: CHF/JPY Faces Strong Support at 112.80, Good to Buy at Dips Major resistance – 114 Major support – 112.80 The pair has made a slightly recovered till 113.47 at the time of writing after making a low of 112.80 yesterday. It is currently trading at 113.42...
Should Long Yen Position be Abandoned? We think not. Yen has taken beating since it failed to break resistance around 108 against Dollar, after earthquake devastated southern Japan’s Kumamoto region...
All Eyes on the BoJ Next Week – TDS Strategists at TD Securities have noted the relevance of the BoJ 2-day meeting due on April 27-28. Key Quotes “What they should do versus what they will do; standing idle risks strengthening the JPY”...
USD/RUB Slumps Below 66.00 on Oil Recovery The demand for the Russian Rouble is now picking up further pace, sending USD/RUB to fresh daily lows in the 65.80 area. USD/RUB lower on oil gains Spot is giving away part of yesterday’s strong rebound to the boundaries of 67...
GBP/NZD Surges Past 2.0900 Handle The powerful rebound witnessed in the GBP/NZD pair adds further weight on Friday as the pair continues to scale new highs and has now move above 2.0900 round figure mark...
USD/JPY Though 111.00 on Yen Selling The selling pressure is now gathering traction around the Japanese currency, lifting USD/JPY to fresh highs beyond the key 111.00 barrier...
EUR/CAD Drops to 1.4250, Fresh 2016 Lows With Canadian monthly retail sales data for Feb. beating expectations and rising inflation data, the EUR/CAD pair fell sharply to 1.4250, hitting fresh 2016 lows. Better-than-expected economic data lifts loonie Report on Feb...
USD/CAD Tumbles to 1.2660 on Data The Canadian dollar has recovered the smile today, now sending USD/CAD to post fresh session lows in the 1.2660 area...