Roberto Jacobs / Blog
EUR/USD Downside Limited Near 1.1140? – UOB The research team at UOB Group expects the pair to drop further albeit the pullback could be limited around 1.1140. Key Quotes “We have held a neutral EUR view for close to 4 weeks and the break below the key 1...
FxWirePro: EUR/JPY Whipsaws on Strong Support at 123.082 But Prices Still Remain Below DMA's - No Traces of buying Yet Prices whipsaws on support 123.082 that falls below DMA, Oscillators signals no buying but bearish biased, downtrend moving in sloping channel so far...
EUR/USD Door Open for a Visit to 1.1144 – Commerzbank Karen Jones, Head of FICC Technical Analysis at Commerzbank, believes the pair could slip towards 1.1144. Key Quotes “EUR/USD charted a minor new high of 1.1465 which was not confirmed by the daily RSI earlier this week”...
USD/CHF Side-Lined Below 0.9700, Awaits Fresh Impetus The US dollar extends its side-trend versus its Swiss counterpart in the early European trades, keeping USD/CHF in the upper band of 0.96 handle. USD/CHF confined in a tight range Currently, the USD/CHF pair trades modestly flat at 0...
Technical Analysis of EUR/USD for April 14, 2016 When the European market opens, some economic news will be released such as the Final Core CPI y/y and Final CPI y/y...
EUR/JPY Deflates from Highs, Returns to 123.20 The renewed weakness around the single currency remains the exclusive drag for EUR/JPY for the time being, now coming down from overnight tops near 123.40...
USD/JPY: Bull Run Off 107.50 Backed Up by Jump in Open Interest Preliminary data from the CME Group shows that futures traders have been adding new long-sided business in the 6J contracts (USD/JPY) during this week, suggesting that the current rebound off 107...
Technical Analysis of USD/JPY for April 14, 2016 In Asia, Japan will release the 30-y Bond Auction and the US will release some economic data such as the 30-y Bond Auction, Natural Gas Storage, Unemployment Claims, Core CPI m/m, CPI m/m...
BoC: On Hold, Raises Forecast with Cautious Tone - Nomura Charles St-Arnaud, Research Analyst at Nomura, notes that as widely expected, the Bank of Canada (BoC) kept its policy rate unchanged at 0...