Roberto Jacobs / Blog
GBP/USD Retraces Gains, Dips Back Below 1.4300 GBP/USD was rejected from the 1.4345 zone and retraced most of its UK CPI-inspired gains over the last hours, as the greenback strengthened versus its European peers. GBP/USD failed to hold above the 1.43 level and slid toward the 1...
Technical Analysis of GBP/NZD for April 12, 2016 After the breakout of the uptrend trend line, the price dropped substantially and the pair found the support at 0% (S2) Fibonacci level applied to the trend line's breakout point. At the same time, a strong support is formed at the 361...
EUR/USD Putting 1.14 to the Test The shared currency continues to shed ground vs. the greenback today, now taking EUR/USD to test session lows in sub-1.1400 levels...
USD/JPY Ignored Uptick in US Import Price Index Bid tone around USD failed to strengthen despite rise in the US import price index, leaving USD/JPY largely unaffected around 108.30...
FXWIREPRO: Brazilian Political, Fiscal and Economical Consolidation Fuel Brl Momentum - Stay hedged for USD/BRL Downside USD/BRL Increased odds of a presidential impeachment pushed USD/BRL below 3.60 for the first time since August...
AUD/USD Hovers Near 8-Day Highs AUD/USD has managed to hold onto daily gains despite the recovery of the US dollar against European currencies seen over the last hours. AUD/USD is rising for third day in a row, having recently posted an 8-day high of 0...
FXWIREPRO: BRL on 8 Month's Highs After Descending Triangles' Base - Short for more Bearish Potential BRL (Brazilian Real) against USD hits at 3.4850 to flash a fresh 8 months highs. USD/BRL forms a descending triangle pattern which is bearish continuation trend...
End of FX Wars? - Rabobank Jane Foley, Research Analyst at Rabobank, suggests that following the G20 meetings earlier this year there were plenty of rumours that the US had demanded that other central banks ease back from monetary policies that led to USD strength...
Silver Jumps to Near 6-Month High Silver prices in the USD terms or XAG/USD rose to $16.183, which is the highest level since Oct 28, 2015 as falling Fed rate hike bets continues to support precious metals. Prices currently trade around $16.10. The previous cyclical high stands around $16...