Roberto Jacobs / Blog
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...
EUR/NZD Analysis for April 19, 2016 Recently, EUR/NZD has been moving downwards. As I expected, the price reached our first take profit level at 1.6135. According to the daily time frame, I found that supply is still present in the market and buying at this stage looks risky...
FxWirePro: Silver Eyes $20 Area In past three weeks, Silver has shrugged off its underperformance against other commodities including that of gold and in that time it is up more than 12%, looking to gain further...
GBP Crosses are Driving the Currency – Lloyds Bank Research Team at Lloyds Bank, suggests that the GBP crosses are driving the currency, which has seen GBP/USD push back through the 1.42/1.4250 pivot region. Key Quotes “While upper range resistance lies at 1.44/1...
JPY: Resilience of Oil Price Reinforces Improving Risk Sentiment - MUFG Lee Hardman, Currency Analyst at MUFG, notes that the yen has weakened modestly in the Asian trading session while commodity related and emerging market currencies continue to outperform...