Roberto Jacobs / Blog
EUR/JPY Still Focused on 120.00 – Commerzbank Senior Technical Analyst at Commerzbank Axel Rudolph has noted the relevance of the 120.00 key support. Key Quotes “EUR/JPY remains under pressure and attention remains on the 120...
US Dollar Slumps to Lows Near 94.00 Another day, another drop in the US Dollar Index, now hovering over multi-day lows in the 94.00 neighbourhood. US Dollar weaker after US releases The index is losing ground for the third consecutive session today, challenging the critical support at 94...
Gold Surpass 1250 Mark Disappointing US housing data provided the required boost for Gold to extend its momentum and move above $1250 psychological mark...
GBP/USD Picks Up Pace, 1.44 Closer The sterling has now accelerated its upside momentum, taking GBP/USD to the vicinity of the critical barrier at 1.4400 the figure. GBP/USD stronger ahead of Carney Spot is trading at shouting distance from the 1...
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...