Roberto Jacobs / Blog
Technical Analysis of EUR/USD for April 20, 2016 When the European market opens, some economic news will be released such as the German 10-y Bond Auction, German PPI m/m. The US will release economic data too such as Crude Oil Inventories and Existing Home Sales...
Technical Analysis of USD/JPY for April 20, 2016 In Asia, Japan will release the Trade Balance and the US will release some economic data such as Crude Oil Inventories and Existing Home Sales. So there is a probability the USD/JPY will move with low to medium volatility during this day...
UK Labour Market and US Existing Home Sales in Focus Today – Danske Bank Research Team at Danske Bank, suggests that in the US, existing homes sales for March are due and they look for the recovery of the US housing market to continue...
EUR/USD: Patience is a Virtue - SocGen Kit Juckes, Research Analyst at Societe Generale, suggests that as EUR/USD skips towards 1.14, the fact that it’s doing so despite huge outflows of long-term capital and wholesale abandon of European bonds by foreigners, doesn’t really help...
USD/JPY Off-Lows, but Stays Below 109 Amid Oil Sell-Off The selling pressure behind the USD/JPY pair accentuated over the last hour, as a renewed bout of risk-aversion hit markets after the oil prices hit fresh session lows. USD/JPY another attempt to 109...
FxWirePro: Silver Hits Fresh 10-Month High, Remains Supported Well Above $17.00 XAG/USD is currently trading around $17.11 marks. It made intraday high at $17.21 and low at $16.88 levels. Intraday bias remains slightly bullish till the time pair holds immediate support level at $16.88 marks...
FxWirePro: NZD/CAD Consolidates in Narrow Range, Good to Buy at Dips Major Resistance- 0.902 Major support – 0.8850 The pair has recovered after making a low of 0.8880 yesterday. It is currently trading around 0.8911. CAD rebounds against all major pairs on account of rising crude oil prices...
FxWirePro: USD/JPY Slips Below 109 Handle, Broad Based USD Weakness Weighs USD/JPY largely rangebound on the day (day's range 109.32-108.88), slips below 109 handle...
EUR/GBP Breaking Higher Above 0.7900, Awaits UK Data The cross in the EUR/GBP rebounded sharply this Wednesday, reversing a two-day slide, as the pound lost footing across the board heading into the UK jobs report. EUR/GBP eyes 5-DMA at 0.7930 Currently, the EUR/GBP pair trades 0.27% higher at 0...