Roberto Jacobs / Blog
BTC/USD Breaks Major Resistance $550, Targets $575/$630 BTC/USD has broken major resistance $550 and this confirms continuation of bullish trend. It is currently trading around $550.50. Short term trend is bullish as long as support $525 (7 day EMA) holds...
GBP/USD Forecast: Close to Its Weekly Low The GBP/USD pair retreats from a high set at 1.4447 achieved after the release of the latest Markit Services PMI for May, up to 53.5 from a previous 52.3, as despite beating also expectations of 52.5, the reading is close to multi-year lows...
USD/CAD Prop-Up to Trade Flat at 1.3100 ahead of US Jobs Report The USD/CAD pair was well supported around 10-day SMA near 1.3075 and propped to 1.3100 handle but still remained in a narrow band as traders await for fresh impetus from US monthly jobs report...
USD/CHF Hits Fresh Highs as USD Demand Returns Ahead of NFP The bid tone around the US dollar keeps growing bigger, driving USD/CHF further into the positive territory above 0.99 handle. USD/CHF near 10-DMA at 0.9919 Currently, the USD/CHF pair trades 0.15% higher near fresh session highs of 0...
USD/JPY Extends the Bounce Near 109.00 After dropping to lows near 108.50, USD/JPY has managed to gather traction and advance to the boundaries of the 109.00 handle. USD/JPY focus on US data Spot is gaining smalls so far, on its way to test the 109...
EUR/USD Drops to Session Low After EU Retail Sales, Now Eyeing NFP Data The EUR/USD pair failed to capitalize on its initial minor up-tick and turned negative after monthly retail sales number fell short of consensus estimates...
Oil Flat-Lined After OPEC Meeting, US Rigs Data Eyed Having witnessed a volatile session a day before, oil benchmarks on both sides of Atlantic trade modestly flat as dust settles over the OPEC meeting aftermath...
EUR/JPY Could Test 120.00 in The Medium Term – Rabobank Jane Foley, Senior FX Strategist at Rabobank, slipped the chance that the cross could retreat towards the 120.00 area in the next months...
EUR/USD Forecast: US Jobs Data Awaited The EUR/USD pair is confined to a 20 pips range ever since the day started, and not far from the base of this week's range, ahead of the release of the US Nonfarm Payroll report. The pair failed to regain the 1...