Roberto Jacobs / Blog
EUR/GBP Supported at 0.7750 Ahead of ECB The EUR/GBP cross failed another attempt to break through 0.7775 levels and drifted lower, reverting to the familiar range above the mid-point of 0.77 handle, before recovering some ground over the last hour...
USD Upside Appears Limited – Westpac Richard Franulovich, Strategist at Westpac, sees the upside momentum in the greenback waning ahead of the June FOMC meeting...
GBP/USD Fades a Spike to 1.4468 After UK Construction PMI, Drops Back to 1.4435 After an initial downward spike to 1.4417 on disappointment from UK construction PMI, the GBP/USD pair surged and extended its Asian session gains before retracing back to currently trade near 1.4435 level...
EUR/USD Bearish Phase Over? – UOB In view of the research team at UOB Group, the recent bearish phase in the EUR/USD seems to have ended. Key Quotes “The sharp recovery in EUR was unexpected and a break above the major 1.1200 resistance would not be surprising (overnight high has been 1.1198...
USD/CHF Supported Around 0.9800 – Commerzbank In opinion of Karen Jones, Head of FICC Technical Analysis at Commerzbank, the pair could find some support in the 0.9800 neighbourhood. Key Quotes “USD/CHF’s recent high at...
Euro Returns to 1.12 Before ECB Convenes - Alpari Yesterday's Trading: As the ECB meeting approaches the euro lifted to 1.12. The price returned back to 1.1150 twice during the American session after stats came out...
EUR/USD Buoyant Above 1.12 Ahead of ECB The common currency remains on a firm note in the second half of the week, sending EUR/USD back above the 1.1200 handle...
Oil Holds $49.00 Handle, Focus on OPEC Meeting WTI crude oil prices extended its rebound from Wednesday’s low of $47.73 and are currently holding its neck above $49.00 on hopes that OPEC members might revisit their discussion on production ceiling at Thursday's meeting in Vienna...
Technical Analysis of Silver for June 02, 2016 Technical outlook and chart setups: Silver is seen to be trading at $15.97 levels for now after bouncing off $15.81 levels yesterday. The metal now seems to have formed an intermediary low at $15.81 levels and is looking to rally from here...