Roberto Jacobs / Blog
Technical Analysis of EUR/USD for April 07, 2016 When the European market opens, some economic news will be released such as ECB Monetary Policy Meeting Accounts, French 10-y Bond Auction, French Trade Balance...
Technical Analysis of USD/JPY for April 07, 2016 In Asia, today Japan will not release any economic data but the US will release some economic data such as Consumer Credit m/m, Natural Gas Storage, Unemployment Claims...
Oil: Bucked the Downtrend and Showed Some Signs of Life - Rabobank Stefan Koopman, Market Economist at Rabobank, notes that oil bucked the downward trend and showed some signs of life...
Japan: Stronger Yen Testing Japanese Policymakers – MUFG Lee Hardman, Currency Analyst at MUFG, notes that the yen has continued to strengthen in the Asian trading resulting in USD/JPY falling below levels which prevailed prior to the BoJ’s decision to extend QQE on the 31st October 2014...
FXWIREPRO: NZD/JPY Breaks Strong Support at 74.25, Targets 73.55 NZD/JPY has breached strong trendline support at 74.25, we see scope for test of 73.55 levels. Price action in the pair has dipped below daily cloud. 5-DMA has shown a bearish crossover on 10-DMA...
Brexit Blues Taking its Toll on UK Pound - Rabobank Stefan Koopman, Market Economist at Rabobank, notes that the Pound sterling briefly fell to an almost two-year low of 0.81 against the euro. Key Quotes “Also on a tradeweighted basis, the currency hit levels last seen in November 2013...
USD/JPY Remains Vulnerable If US Data is Weak – Deutsche Bank Taisuke Tanaka, Strategist at Deutsche Bank, suggests that the recent international securities flow data indicate that the USD/JPY is being supported by dip-buying by pensions and other Japanese investors...
EUR/USD Trims Gains on Draghi’s Dovish Words EUR/USD pair backed-off from the daily high of 1.1454 after ECB’s annual report published today showed Draghi’s commitment to fight low inflation is stronger than ever. Trades around 1.1410 The spot now trades around 1...
Eurozone: Doors Open for a TLTRO III Next Year - SocGen Anatoli Annenkov, Research Analyst at Societe Generale, suggests that of the latest measures taken by the ECB, the new TLTRO II is the most innovative, with the ECB offering to lend at a negative interest rate...