Roberto Jacobs / Blog
Daily Analysis of Major Pairs for April 22, 2016 EUR/USD: This market went bearish on Thursday – just in the opposite direction to the USD/CHF which moved upwards that day. The bearish movement on the EUR/USD was not that significant...
AUD/USD Finding Some Support Near 0.7730 Level In tandem with the reversal in other major currencies, the AUD/USD pair too dropped sharply to 0.7732, giving-up over 100-pips from day's high of 0.7834...
EUR/GBP Extends the Drop to 0.7860 EUR/GBP is accelerating the recent breakdown of the key support at 0.7900 the figure, now hovering over fresh lows near 0.7860. EUR/GBP attention to PMIs The European cross is extending its leg lower after the rejection from April’s fresh cycle highs near 0...
GBP/USD Could Re-Test the Mid-1.4200s – Commerzbank Axel Rudolph, Senior Technical Analyst at Commerzbank, believes the pair could re-visit the area of 1.4250 in the near term. Key Quotes “GBP/USD has been rejected by the six month downtrend line at 1...
EUR/USD Retakes and Keeps 1.1300, PMIs Eyed The single currency is looking to consolidate yesterday’s sharp drop vs. the greenback, with EUR/USD now navigating the 1.1300 area...
GBP/USD 1.4300-1.4400 Range Holds Post ECB, the GBP/USD rose to 1.4440 level to test 100-day SMA before erasing all its gains to end in negative territory for second straight day...
US: Mixed Economic Releases - ANZ Research Team at ANZ, notes that the US Philadelphia reversed most of the improvement in March, falling from 12.4 to -1.6 in April. Key Quotes “There was a sharp fall in new orders (0 vs 15.7), employment (-18.5 vs -1.1), and shipments (-10.8 vs 22.1...
EUR: Downside Risk for Flash April PMIs - TDS Research Team at TDS, sees downside risk for flash April PMIs, with no change in both the French Services and German Manufacturing PMIs, against market consensus for upticks in both...
FxWirePro: Indian Rupee Opens Higher at 66.50 Against US Dollar, Intraday Bias Remains Bullish USD/INR is currently trading at 66.52 marks It made intraday high at 66.56 and low at 66.47 levels. Intraday bias remains bullish till the time pair holds key support at 66.32 marks...