Roberto Jacobs / Blog
Sell GBP/USD and USD/CAD Strength, Buy NZD/USD on Dips – Westpac Research Team at Westpac, suggests that the GBP/USD remains high on their sell list. Key Quotes “We sell GBP/USD at 1.4450, stop 1.4610...
AUD/JPY Consolidating the Upside Below 84 Post-China Trade The AUD/JPY cross extended its winning streak into a fourth day today and reversed Thursday’s entire slide as the bulls were bolstered by improved risk appetite as well as strong China’s exports and imports data...
Asian Stocks Through the Roof, Oil Rally, China Trade Underpin The stocks on the Asian bourses joined the global risk-on rally this Wednesday, taking the positive lead from strong gains seen in the black gold yesterday, which buoyed the sentiment around the energy and resource stocks...
AUD/USD Storms Through 0.7700 on Upbeat Chinese Exports The bullish momentum around the AUD/USD pair gained further traction after the Chinese trade data showed that exports and imports improved last month. AUD/USD sees a 30-pips rally post-China data Currently, the AUD/USD pair rockets 1...
USD/JPY Making Another Attempt Towards 109? The USD/JPY pair caught fresh bid-wave in the Asian morning this Wednesday, making a fresh recovery attempt in a bid to conquer 109 once again...
EUR/JPY: Bulls in Command, 124 Back on Sight The persisting risk-on market profile boosted the risk currency US dollar across the board, aiding the recovery in EUR/JPY for the second straight session. EUR/JPY supported at hourly 100-SMA at 123.52 The EUR/JPY pair jumps 0...
Gold Stuck Between Hawkish Fed Speak and Dismal IMF Report Gold looks trapped between hawkish comments from Fed officials and bearish global growth forecasts published by the International Monetary Fund (IMF...
USD/CAD Aims to Further Weakness – Scotiabank FX Strategist at Scotiabank Eric Theoret sees USD/CAD could slip towards lower levels in the near term. Key Quotes “Signals are broadly bearish and all eyes are on the October 2015 low at 1.2832”...
WTI Firmer, Approaches $41.00 The barrel of West Texas Intermediate is prolonging its weekly advance today, now flirting with daily highs in the vicinity of the $41.00 mark...