Roberto Jacobs / Blog
USD/JPY Now Looks to Consolidate Around 109.00 The Japanese currency is giving away part of the recent gains vs. the greenback, with USD/JPY currently gyrating around the 109.00 handle...
USD/CHF Drops to Lows Ahead of 0.9600 on Swiss Data The Swiss franc wiped-out losses and jumped back on the bids against its American counterpart in the European session, driving USD/CHF in the red just shy of 0.96 mark. USD/CHF recedes from 0.9620 Currently, the USD/CHF pair trades -0...
USD/CAD Recovery Fizzles as Oil Recovers Amid rising oil prices and weak US housing data, commodity-linked currencies rose sharply against the US Dollar on Tuesday with USD/CAD pair dropping to 1.2630, its lowest level since July 2015. 1...
GBP/JPY Hits Fresh Session Highs, Re-Takes 157 The cross in the GBP/JPY bounces-off daily lows and tries to recover lost ground somewhat following the release of weak UK labour market report. GBP/JPY eyes 157 The GBP/JPY pair now drops 0.23% to 156.87, hitting fresh session highs...
Technical Analysis of GBP/JPY for April 20, 2016 GBP/JPY is expected to trade in an uptrend as the bias remains bullish. The pair remains on the upside and is supported by its rising 50-period moving average. Meanwhile, the relative strength index stays above 50...
Technical Analysis of Silver for April 20, 2016 Technical outlook and chart setups: Silver reverses from intraday highs at $17.20 levels today. The metal is seen to be trading at $16.92 levels after printing lows at $16.82 levels...
Oil: Supply Disruptions in Kuwait and Nigeria – SocGen Research Team at Societe Generale, suggests that the quick recovery in oil prices on Monday appears to have been caused by two new short-term bullish supply disruptions and the first new disruption is in Kuwait...
BOJ vs ECB: Higher Hopes for BoJ Movements will Support EURJPY - BNPP Research Team at BNP Paribas, suggests that the divergent performance of the EUR and JPY likely reflects stretched long positioning in the latter and possibly greater anticipation that next week’s BOJ meeting will bring new eas...
Oil: Real Takeaway from Doha – SocGen Research Team at Societe Generale, suggests that the key takeaway from the events of last weekend in Doha is not neutral fundamentals or possibly bearish market psychology...