Roberto Jacobs / Blog
FxWirePro: EUR/SEK Back Above 9.29 Mark, a Sustain Break Above Targets 9.3642 EUR/SEK is currently trading around 9.2932 levels. It made intraday high at 9.2927 and low at 9.2635 levels. Intraday bias remains neutral till the time pair holds key resistance at 9.3039 marks. A daily close above 9...
JPY Expected to Depreciate Further in the Medium Term – Danske Bank Jens Sorensen, Chief Analyst at Danske Bank, sees the Japanese currency losing further ground within a year’s time...
USD/CAD Makes Headway Towards 1.3100, Eyes OPEC Meeting The USD/CAD pair rebounded higher from 1.3050 region post-European, with the prices now extending the bid tone as increased nervousness weighs on the Loonie as the OPEC meeting gets underway...
ECB Preview: What to Expect of EUR/USD The European Central Bank will hold its meeting later in the European afternoon. Market consensus expects the central bank to refrain from acting on monetary policy, while it remains in ‘observation mode’ following the recently announced measures...
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...