Roberto Jacobs / Blog
USD/CAD Sell the Strength Into 1.2925 – Westpac According to strategists at Westpac, bullish attempts towards 1.2920 could be considered as selling opportunities. Key Quotes “Our USD/CAD stance has shifted 180 degrees”...
AUD/USD Focus Remains on 0.7725/50 – UOB The research team at UOB Group noted the relevance of the 0.7725/50 band in AUD/USD. Key Quotes “AUD touched a low of 0.7490 late last week and the subsequent up-move from the bottom has been more rapid and resilient than expected”...
Daily Analysis of Major Pairs for April 13, 2016 EUR/USD: This pair has been flat so far this week. The price has gone neither above the resistance line at 1.1450 nor below the support level at 1.1300. A breakout is imminent today or tomorrow, which will most probably favor the bulls...
EUR/SEK Points to the Lower End of the Range – Danske Bank Chief Analyst at Danske Bank Jens Pedersen believes the cross could slip towards the lower band of the range in the next weeks. Key Quotes “EUR/SEK fell sharply on Tuesday following the higher-than-expected March inflation data”...
GBP/USD Bounces-Off 1.4200, Tracks Oil Price Recovery The GBP bulls found some support just ahead of 1.42 barrier, allowing a minor-recovery in GBP/USD in the last hour. GBP/USD supported at 1.4200 The GBP/USD pair trades -0.15% lower at 1.4236, bouncing-off fresh session lows posted at 1...
GBP/JPY Jumps Above Hourly 200-MA Offered tone around JPY strengthened amid risk-on in equities, pushing the GBP/JPY cross above hourly 200-MA level of 155.42. Rises for third consecutive day The cross is trading higher for the third consecutive day. JPY was overbought and thus due for correction...
EUR/USD Comes Lower to Test 1.1330 The selling mood around the euro is growing bigger during the European morning, taking EUR/USD to the area of 1.1330, or daily lows...
Technical Analysis of EUR/JPY for April 13, 2016 General overview for 13/04/2016: The wave progression inside the triangle pattern looks completed as the wave e of the whole structure is fully developed. A downward breakout should happen soon...
Key Commentaries from Fed's Jeffery Lacker Last night speaking at North Carolina, Richmond FED president Jeffery Lacker said that he considers the expectations issued in December to be more appropriate pace for hikes than the ones issued in March...