Roberto Jacobs / Blog
AUD/USD Continues to Struggle Below 200-DMA, NFP in Focus As we head towards the release of key macro indicator from the US NFP, the US Dollar seems to gain traction with the AUD/USD pair once again reversing from the vicinity of 200-day SMA to currently trade around 0.7235...
EUR/GBP Eyes 0.73 in 3-Month – Rabobank The European cross could retreat to the 0.7300 area in the next 3-months, suggested Senior FX Strategist at Rabobank Jane Foley. Key Quotes “GBP has made an impressive recovery vs...
USD/JPY Still Under Pressure – UOB The research team at UOB Group reiterated USD/JPY remains vulnerable and could attempt a test of the 108.20 area. Key Quotes “USD dropped to a low of 108.49 before rebounding...
GBP/USD Further Losses Expected Below 1.4278 – Commerzbank Karen Jones, Head of FICC Technical Analysis at Commerzbank, sees downside pressure gathering further traction on a close below 1.4278...
EUR/USD: Levels, Ranges, Targets Draghi on hold is the result to alternatives to CHF, GBP, DKK and SEK as those interest rates trade below European rates and are literally on the floor near zero. Negative interest rates contain bottoms at zero. Added is non negative interest rate nation GBP...
NZD/USD Inches Higher to 0.6850 ahead of NFP Release Maintaining its strong bid tone, the NZD/USD pair continues to inch higher and is now attempting to build on to its gains beyond 50-day SMA. Currently trading around the mid-point of 0.6800-0...
US NFP Preview: What to Expect of EUR/USD The US Bureau of Labor Statistics will publish the results of the Non-farm Payrolls later in the NA session, with consensus expecting the US economy to have created 164K jobs during May and the unemployment rate to have ticked lower to 4.9% from 5.0...
US NFP Preview: 8 Major Banks Expectations from the May Release We are closing in on the May’s release of US Non-Farm Payrolls data. The following are the expectations as forecasted by the economists and researchers of 8 major banks...
AUD/JPY Recovers to 79.00 from Near-Term Trading Range Support Last two days of bearish move now seems to be fading away and the AUD/JPY cross recovers back to 79.00 mark, extending a bounce off 78.30 support area tested on Thursday...