Roberto Jacobs / Blog
USD/JPY: Capped at 100 Hr SMA on Strong Recovery USD/JPY has rallied as markets recover and some after the Doha event that failed to find a concord between oil ministers in OPEC and non-OPEC nations meeting over the weekend...
AUD/USD's Huge Daily Reversal to Fresh 2016 Highs AUD/USD has followed suit of the recovery in oil and has closed and exceeded the bearish opening gap. Moreover, the price has rallied to fresh highs for 2016, scoring 07760 and up +0.40% on the session and from lows of 0.7631...
USD/CHF Breaks Short-Term Range and Falls Toward 0.9620 USD/CHF started the week moving within the range of the previous days, between 0.9650 and 0.9680. Initially, it rose to test the upper limit but then, a decline of the US dollar across the board pushed the pair to the downside...
Brazil: Markets have Gotten Overly Optimistic - BBH Analysts from Brown Brother Harriman, warned again investor about being overly bullish about the growing likelihood of a new government...
USD/JPY: The Yen has Grown Due to the Collapse in the Meeting in Doha During today’s Asian session the Yen has traded upward against the other currencies due to the negative result of the meeting in Doha...
EUR/GBP: Important Support in the 0.7925 - 0.7880 Region - Lloyds Analysts from Lloyds Bank, a break below 0.7925 - 0.7880 would support further EUR underperformance. Key Quotes: “The cross has pulled back and is holding important support in the 0.7925-0.7880 region...
EUR/USD Attempting Gains Above 1.13, Eyes Fed Speak EUR keeps its bid tone intact in the US session, with the EUR/USD pair now looking to extend gains above 1.13 handle ahead of speeches from Fed’s Dudley and Rosengren. Supported by 1.1274 The spot found bids around 1...
GBP/JPY Rises 300 Pips from Daily Lows The pound experienced a significant rebound versus the Japanese yen, rising 300 pips from daily lows. GBP/JPY bottomed during the Asian session at 152.47, the lowest level in a week but then turned to the upside...
Long AUD Exposure has Increased Substantially - BNPP James Hellawell, Research Analyst at BNP Paribas, lists down their FX Positioning Analysis till 18th April 2016. Key Quotes • “Long AUD exposure has increased substantially. Combined with the USD, AUDUSD net positioning is at a multi-year high...