Roberto Jacobs / Blog
Commodity Currencies Slide Amid Rising Risk Aversion Commodity currencies such as the Australian, the New Zealand and the Canadian dollars weakened against their major counterparts in the Asian session on Tuesday amid rising risk aversion, with some of the markets erasing early gains following th...
Technical Analysis of EUR/USD for March 08, 2016 When the European market opens, some economic news on the Revised GDP q/q, French Trade Balance, French Gov Budget Balance, and German Industrial Production m/m is due to be released...
Technical Analysis of USD/JPY for March 08, 2016 In Asia, Japan will release the Economy Watchers Sentiment, Consumer Confidence, 30-y Bond Auction, Final GDP Price Index y/y, Bank Lending y/y, Final GDP q/q, and Final GDP q/q...
Daily Analysis of USDX for March 08, 2016 The USDX is trying to break the bottom formed around the zone of 97.13 and we can expect another decline towards the support level of 96.61...
EUR/GBP Challenges Highs Near 0.7740 EUR/GBP is picking up further pace following the closing bell in Asia on Tuesday, eyeing the upper bound of the range near 0.7740. EUR/GBP focus on EMU releases, risk The European cross keeps navigating within a narrow range in the low-0...
Daily Analysis of GBP/USD for March 08, 2016 In the H1 chart, GBP/USD is forming another bullish pattern below the resistance level of 1.4267, where bulls are still trying to break higher in order to strength the bullish bias on a short- and medium-term basis...
GBP/USD Recedes in Early Europe After 6-Day Winning Streak The bullish momentum in the GBP/USD pair stalled in the late NY session, making way for a corrective move. The spot is down in early Europe near 1.4240 levels...
Canadian Dollar Drops Against Most Majors The Canadian dollar weakened against most major currencies in the Asian session on Tuesday. The Canadian dollar fell to 4-day lows of 1.4708 against the euro and 84.57 against the yen, from yesterday's closing quotes of 1.4627 and 85.39, respectively...
NZ Dollar Slides Against Most Majors The New Zealand dollar weakened against most major currencies in the Asian session on Tuesday. The NZ dollar fell to 4-day lows of 1.6304 against the euro and 76.30 against the yen, from yesterday's closing quotes of 1.6162 and 77.13, respectively...