Roberto Jacobs / Blog
EUR/GBP Could Struggle Around 0.7905/45 – Commerzbank In view of Karen Jones, Head of FICC Technical Analysis at Commerzbank, further upside in the cross could face strong resistance in the 0.7905/45 band. Key Quotes “EUR/GBP has eroded the short term downtrend at .7791 and its 55 day ma...
AUD/USD Trims Losses, Approaches 0.7350 The Aussie dollar has managed to bounce off session lows vs. the dollar, with AUD/USD now hovering over the mid-0.7300s. AUD/USD capped around 0.7370 The pair has partially faded Friday’s strong advance to the area of 0...
USDCAD - We look to Sell at 1.3010 (stop at 1.3050) USDCAD - Continued downward momentum from 1.3144 resulted in the pair posting net daily losses yesterday. The AB=CD formation target is located at 1.2870. For the last 12 days trading has been broadly confined to the daily Ichimoku Cloud...
EUR/USD Off-Lows, Regains 1.1350 ahead of Yellen The EUR/USD pair is seen making minor-recovery attempts from weak German factory data induced drop, although keeps its corrective mode intact ahead of Eurozone datasets. EUR/USD finds support ahead of hourly 20-SMA Currently, EUR/USD trades -0...
EUR/USD Eases from Highs, Yellen Eyed The single currency has abandoned the area of recent highs vs. the dollar, taking EUR/USD back to the 1.1345/40 band...
USD/JPY Rallies Capped Around 107.50/108.25 – Commerzbank Following the recent sharp pullback, rallies in the pair should remain capped around 107.50/108/25, according to Karen Jones, Head of FICC Technical Analysis at Commerzbank...
USD/CHF Attempting a Move Back Above 0.9800 Level After being hammered on Friday, the US Dollar is attempting a broad based recovery on Monday with the USD/CHF pair recording a tepid bounce to 0.9770 level from a near 3-week low level of 0.9753. After rising to a multi-week high level of 0...
Nikkei225 Lags on USD/JPY Drop After NFP Shocker Asian Mid-session Market Update: Nikkei225 lags on USD/JPY drop after NFP shocker; Sterling plummets on rising Brexit momentum Economic Data - (AU) AUSTRALIA MAY ANZ JOB ADVERTISEMENTS M/M: +2.4% V -0...
EURUSD – Is This Trend Change In Euro Vs US Dollar Key Highlights Euro traded higher against the US Dollar, and there are possibilities of more upsides in EURUSD moving ahead...