Roberto Jacobs / Blog
GBP/USD Support Seen at 1.4333/1.4261 – Commerzbank In view of Karen Jones, Head of FICC Technical Analysis at Commerzbank, Cable should remain well supported in the 1.4333/1.4261 area...
USD/JPY Recovers to Trade Back Above 109.00 Level Yen continues to surge on risk aversion with the USD/JPY pair dipping below 109.00 handle before staging a minor recovery to currently trade around 109.30 level...
USD/CAD Sidelined Below 1.31, OPEC Eyed The greenback is trading almost unchanged vs. its neighbour on Thursday, taking USD/CAD to the 1.3080 area ahead of the key OPEC meeting. USD/CAD focus on OPEC, EIA Spot is extending its consolidative pattern south of the 1...
OPEC Meeting Preview: What to Expect of Oil? Oil benchmarks on both sides of Atlantic fluctuated between gains and losses this Thursday, unable to find a clear direction, as oil markets closely monitor developments surrounding today’s OPEC ministers meet in Vienna...
AUD/USD Capped at 200-DMA, Drops Below 0.7250 on Global Risk-Off After failing to sustain its strength back above the very important 200-day SMA, the AUD/USD pair is trading weak below 0.7250 despite of better-than-expected trade-balance data...
EUR/USD Offered Below 1.1216 – Commerzbank According to Karen Jones, Head of FICC Technical Analysis at Commerzbank, the pair’s stance remains offered while below 1.1216. Key Quotes “EUR/USD is starting to bounce from the critical 1.1102/1.1058 key support...
Forex Analysis: EUR/USD, EUR/CHF, USD/CHF, GBP/USD, USD/JPY, EUR/GBP - Danske Bank EUR/USD Strength above the 1.1200 level extending recovery from the 200-day MA and target the lower highs at 1.1217 and 1.1243. Above the latter will see scope to 1.1283 then the 1.1300 level. Support now at the 1...
EUR/GBP Drops to Lows Near 0.7750, ECB Eyed Having peaked near 0.7775 region earlier today, the EUR/GBP cross eases slightly and consolidates in a narrow range ahead of the ECB decision. EUR/GBP holds above 20-DMA at 0.7733 Currently, the EUR/GBP pair trades -0.10% lower near session lows of 0...
FxWirePro: AUD/CAD Finds Strong Support by 21-DMA at 0.9446, Weakness Only on Break Below AUD/CAD halts upside, slips lower from fresh 3-week highs at 0.9527 hit on Wednesday...