Roberto Jacobs / Blog
USD/JPY Seen at 112.00 in 3-Month – Danske Bank Senior Analyst at Danske Bank Morten Helt sees the BoJ incurring in further easing in the near term and thus pushing spot to the 112.00 handle in 1-3 months...
GBP/USD Sell the Rallies – Westpac Strategists at Westpac have recommended selling the pair on occasional bullish attempts. Key Quotes “GBP/USD remains high on our sell list. We sell GBP/USD at 1.4450, stop 1.4610”...
EUR/USD Losing Momentum? – Commerzbank In view of Karen Jones, Head of FICC Technical Analysis at Commerzbank, the pair’s upside momentum could be running out of steam. Key Quotes “EUR/USD charted a minor new high of 1.1465 which was not confirmed by the daily RSI...
EUR/USD Weaker, Drops to 1.1350 The common currency is now losing the grip vs. the greenback, sending EUR/USD to the lower end of the range in the mid-1.1300s...
USD/JPY: 109 Tested as Nikkei Hits Fresh Session Highs The offered tone around the JPY keeps growing bigger as we progress towards the European open, mainly driven by improving risk sentiment as the Japanese stocks extend the rally. USD/JPY: Will buyers take control above 109...
GBP/USD Drops Below 50-DMA GBP/USD is back below 50-DMA level of 1.4250 in early Europe despite China led risk-on in the financial markets. Trades below key Fibo At 1.42478, the spot is also trading below 1.4252 (50% of 1.4669-1.3835) levels...
BoC and US Retail Sales Amongst Market Movers for Today – Danske Bank Research Team at Danske Bank, suggests that in the US we get data on retail sales in March, which we expect to show control group sales increased by 0.3% m/m...
FXWIREPRO: NZD/CAD Forms Bullish Bat , Good to Buy at Dips Harmonic Pattern Formed – Bullish Bat pattern Potential Reversal Zone (PRZ) – 0.8750 The pair has recovered after making a low of 0.88140. It is currently trading around 0.8855. Intraday trend is slightly bullish as long as support 0...
FXWIREPRO: AUD/JPY Extends Gains Above 10-Dma at 83.50, Stay Long Our previous call (http://www.econotimes.com/FxWirePro-AUD-JPY-bounces-off-strong-trendline-support-at-8075-good-to-buy-dips-192968) has hit all targets...