Roberto Jacobs / Blog
Brent Oil Stays Near One-Month Low on Falling US Demand Brent prices trade at lowest since March 4 as investors worry about fading prospects of OPEC and non-OPEC output freeze and fresh signs of falling US demand. At the time of writing, Brent oil was trading 10 cents or 0...
EUR/USD Depressed Around 1.1350, US Data Eyed The common currency remains on the defensive on Tuesday, with EUR/USD trading in the area of daily lows near 1.1350...
USD/JPY Keeps Multi-Month Lows Near 110.30 The better sentiment around the Japanese currency has sent USD/JPY to test the 110.40/30 band, fresh multi-month lows. USD/JPY stronger on risk aversion Spot has accelerated its downside to levels last seen in October 2014 in the proximity of 110...
GBP/USD Still in Consolidative Range – UOB The research team at UOB Group expects the pair to extend its rangebound pattern in the next weeks. Key Quotes “Instead of extending its recent weakness, GBP rebounded strongly from a low of 1.4192...
EUR/JPY Upside Expected to Fail at 129.35 – Commerzbank In view of Karen Jones, Head of FICC Technical Analysis at Commerzbank, occasional up moves in the cross could struggle around 129.30...
GBP/JPY Trims Losses and Regains 157 on UK PMI The bulls were rescued by the rebound in the UK’s services sector activity report, allowing a minor recovery in the pound against the European currency. GBP/JPY bounces-off five-month lows The GBP/JPY pair trades -0.91% lower at 157...
Technical Analysis of EUR/CAD for April 05, 2016 The EUR/CAD pair managed to find a hard bottom near the 1.4500 level after which a sharp move up followed. The spike up resulted in the breakout of the descending channel, where price broke above the 23...
Technical Analysis of CAD/CHF for April 05, 2016 CAD/CHF was range trading for the past month and only few days ago pair managed to get below the 0.7330 support level. This could signal that a downtrend is about to emerge...
FXWIREPRO: Swedish Krona Falls After Lower Than expected Industrial Production Data EUR/SEK is currently trading around 9.2607 levels. It made intraday high at 9.2671 and low at 9.2450 levels. Today Sweden released industrial production data with negative numbers at 0.1% m/m vs 0...