Roberto Jacobs / Blog
USD/JPY still bearish below 109.74 – Commerzbank According to Axel Rudolph, Senior Technical Analyst at Commerzbank, the pair’s perspective remains bearish while below 109.74. Key Quotes “USD/JPY nearly retested its April low at 107.63 before bouncing back”...
GBP/USD Could Extend the Upside to 1.4450/60 – UOB The upside momentum in GBP/USD could pick up further pace towards the mid-1.4400s, suggested analysts at UOB Group. Key Quotes “Improving short-term momentum suggests that a test of the top-end of our expected 1.4000/1...
Euro: Recording Higher Highs and Higher Lows - BBH Research Team at BBH, suggests that after reaching a low near $1.1235 on April 14, the euro has been gradually recovering, and for the third session, is recording higher highs and higher lows...
EUR/USD Stuck Within Daily Range The European currency is extending its sideline pattern against the dollar today, with EUR/USD trading unmotivated around 1.1330. EUR/USD well supported near 1.1300 Spot has faded the earlier spike towards the proximity of 1...
AUD/USD Struggling to Conquer 0.7800 Mark As oil extends its reversal on Tuesday from an early slump on Monday, commodity linked currencies also continue with their sharp rebound. AUD/USD pair tested 0.7800 mark for the first time since June 2016...
EUR/GBP Cross Putting Pressure in the 0.7925-0.7880 Support Region – Lloyds Bank Research Team at Lloyds Bank, suggests that the EUR/GBP cross is putting further pressure on important support in the 0.7925-0.7880 region...
GBP: Gloomy Outlook if the UK were to Leave the EU - Investec Research Team at Investec, notes that the UK Chancellor George Osborne yesterday presented a gloomy outlook if the UK were to leave the EU...
WTI On a Firmer Footing, Near $42.00 Crude oil prices continue their recovery today, with the barrel of West Texas Intermediate up more than 1% near the key $42.00 mark...
EUR/USD is Still Grinding Higher – Lloyds Bank Research Team at Lloyds Bank, suggests that EUR/USD is still grinding higher from 1.1240 support, driven by general USD weakness. Key Quotes “We still view this as corrective against last week’s reversal from 1.1465 key resistance. 1.1325-1...