Roberto Jacobs / Blog
NZD/USD Jumps 1% on Profit-Taking, Upbeat China Data The NZD/USD pair extends its recovery mode into the European session, with the bulls unstoppable taking the prices beyond 0.69 handle. NZD/USD: Thursday’s slide reversed Currently, the NZD/USD pair jumps 1.10% to fresh two-day highs of 0...
G20: No Currency Accord to Weaken the US Dollar - MUFG Derek Halpenny, European Head of GMR at MUFG, suggests that the gathering of finance ministers and central bankers in Washington over the weekend will take place...
USD/JPY Drops to Lows Near 109.00 The greenback is now losing the grip vs. the Japanese currency, dragging USD/JPY to test lows in the 109.00 area...
USD/JPY Shifted to Neutral Near Term – UOB The research team at UOB Group sees USD/JPY trading in a consolidative pattern in the next 1-3 weeks. Key Quotes “The break above 109.60 earlier indicates that the bearish phase that started in the middle of last week has ended”...
EUR/GBP Drops Further to 0.7940, GBP Regains Momentum The cross in the EUR/GBP reversed a spike and dropped sharply to daily lows as the pound picked-up significant strength against its European counterpart, despite weak domestic data. EUR/GBP offered once again near 0...
EUR/USD: 1.1144 Still on the Cards – Commerzbank Karen Jones, Head of FICC Technical Analysis at Commerzbank, believes the pair could re-test the 1.1140 area. Key Quotes “EUR/USD recently charted a minor new high of 1.1465 which was not confirmed by the daily RSI earlier this week”...
GBP/USD Clinches Highs Near 1.4190 The sterling is following the rest of the risk-associated assets on Friday, taking GBP/USD to the area of daily tops near 1.4190. GBP/USD focus on risk, US releases Spot seems to have found some support in the 1...
FxWirePro: AUD/CAD Finds Strong Resistance at 0.9915 Levels, Break Above Could See Further Upside Aussie bulls buoyed by RBA's upbeat Financial Stability Review and renewed risk-on sentiment triggered by positive China data...
FxWirePro: AUD/CAD Intraday Trend Bullish Bias But Struggling to Break 21DMA After testing supports at 0.9788 levels that is at channel resistance, you could see the price bounces. But for now, AUD’s strength is tested again at 21DMA like yesterday...