Roberto Jacobs / Blog
GBP/JPY Stuck at Hourly 100-MA Short unwind in GBP/JPY that gathered pace in Europe appears to have come to halt around hourly 100-MA located at 154.03 levels. Profit taking after 1000-pip drop The cross suffered more than 1000 pip drop during last week’s Yen rally...
FXWIREPRO: BTC/USD Consolidates in Narrow Range, Good to Buy at Dips Major support - $400 BTC/USD has slightly retreated after making a low of $412 yesterday. It is currently trading around $419.72. Short term trend is slightly bullish as long as support $400 holds...
Political Pressure on the ECB Escalated - Rabobank Jane Foley, Senior FX Strategist at Rabobank, suggests that the political pressure on the ECB has stepped up a few notches after German Finance Minister Schauble blamed ECB policies for a rise in support for Germany’s rightwing Alternative for Ge...
Return of Grexit Fears Unlikely – Deutsche Bank Research Team at Deutsche Bank, suggests that a return of Grexit fears as being unlikely over the coming weeks...
Fed Speakers Along with BoE and BoC to Take Centre Stage This Week – Rabobank Jane Foley, Senior FX Strategist at Rabobank, suggests that there are no key data releases today although scheduled speeches from the Fed’s Dudley and Kaplan will ensure the outlook for Fed policy remains a prime focus...
EUR/CHF Door Open for a Test of 1.0737 – Commerzbank Karen Jones, Head of FICC Technical Analysis at Commerzbank, believes the cross could slip towards the 1.0730 area. Key Quotes “EUR/CHF has recently broken down from a triangle, our bias is negative”. “Last week it reached the 1...
USD/JPY Eyes Support in the Mid-106.00s – UOB The research team at UOB Group indicated the next relevant support is located in the mid-106.00s. Key Quotes “The next significant support for USD is much further down at 106.50”...
GBP/USD Remains at the Mercy of GBP/JPY Cross Yen remains at the center stage of the FX markets; guiding other majors like GBP/USD via action in the GBP/JPY cross. Cable backs off from daily highs The spot now trades around 1.4220 after having clocked a high of 1.4227 levels...
UK Economy Slowing? - Investec Research Team at Investec, notes that on Friday data for the UK manufacturing sector printed a poor result for February, with month-on-month growth of -1.1% (consensus -0.2%, Investec +0.2...