Roberto Jacobs / Blog
USD/CAD Loonie Higher as Commodities Rise The Canadian dollar appreciated against the USD thanks to oil prices gaining as the uncertainty about a U.S. rate hike in June continues. The disappointing U.S...
FxWirePro: Aussie Gains Against Major Peers in Early Hours, RBA Rate Decision in Focus AUD/NZD is trading around 1.0667 marks. Pair made intraday high at 1.0674 and low at 1.0624 marks. Intraday bias remains neutral for the moment. A sustained close above 1...
Upside Vulnerability in USD/NOK From an hourly perspective, the USD/NOK has reached its lowest momentum reading of the last 20 days of trading. Moreover, the recent plummeting USD/NOK price action has been highlighted by an above-average reading in the MACD histogram...
RBNZ: Can There be a Surprise Cut in Rates? – TDS Research Team at TDS, suggests that the RBNZ is caught flat-footed when compared with the RBA...
GBP/USD Drops Back Below 1.4400 Handle, Still Holding 1.4350 Support The GBP/USD pair is witnessing a volatile session as the pair during Monday opening trade dropped to 1.4352 before staging a sharp recovery to 1.4463 and has now dropped back below 1.4400 handle...
Anticipation of Fed Policy is Shaping the Investment Climate - BBH Research Team at BBH, suggests that through the first part of the year, the swinging pendulum of expectations for the trajectory of Fed policy has been a major driver in the foreign exchange market...
USD/JPY Decline Could Extend to 106.00 – UOB According to the research team at UOB Group, USD/JPY’s downside could test the 106.00 area. Key Quotes “The weak US nonfarm payrolls print last Friday sent the USD/JPY even further lower to the 106-levels...
GBP/JPY Recovers Sharply but Turns Volatile to Trade Flat Near 154.00 The GBP/JPY pair staged a sharp recovery from a 7-week low level of 152.95, touched during earlier Asian session, and jumped to 154.90 before turning volatile and retracing back to currently trade flat around 154.00...
GBP/JPY Faces Resistance at 155.15, Break Above Targets 157.20/158 Major resistance- 155.15 (Hourly Kijun-Sen) The pair has broken minor resistance 153.85 (hourly Tenken-Sen) and jumped till 154.85. It is currently trading around 154.62. In the hourly-chart the pair should close above 155...