Roberto Jacobs / Blog
GBP/USD Stays Down after US Data GBP/USD remained little changed, trading near 2-week lows, following the release of mixed US data...
USD/CHF Bounces Off 0.9860 Post-ISM The greenback found some respite after the auspicious ISM manufacturing, with USD/CHF now managing to bounce off 2-week lows in the 0.9860 area and test the 0.9900 handle...
EUR/USD Trims Gains after US ISM Manufacturing PMI Data The EUR/USD pair reversed from a fresh weekly high level of 1.1186 and trimmed its gains to currently trade at 1.1150 following the release of better-than-expected US ISM Manufacturing PMI data...
Upside Vulnerability in USD/CHF From an hourly perspective, the USD/CHF has reached its lowest momentum reading of the last 20 days of trading. Moreover, the recent plummeting USD/CHF price action has been highlighted by an above-average reading in the MACD histogram...
AUD/JPY Remains a Wild Card Bollinger Bands® on AUD/JPY 1hr charts continue to reflect a volatile environment, but one with no dominant trend on higher time frames. ADX tracks below 30 suggesting a sideways price action...
USD/JPY Bears Remain Unobstructed The hourly ADX(14) has just crossed above 50, emerging from below the 30 levels where it has been seen during the previous market session...
USD/JPY Recovers a Bit to 109.25 ahead of ISM Manufacturing Strong Yen demand across the board has put heavy downward pressure on the USD/JPY pair that dropped to a fresh session low level of 109.00 before recovering a bit, to currently trade near 109.25...
USD/JPY Forecast: Back in the Bearish Path USD/JPY Current price: 109.21 Back in the bearish path. The USD/JPY pair is in free fall this Wednesday, down to 109.08 so far today...
AUD: Limited Downside Risks; GBP: To Trade Within This Year's Range - Credit Agricole In Australia, at 3.1% (cons. 2.8%) Q1 GDP was released well above expectations. From that angle it remains difficult to make a case of further rising RBA easing expectations to the detriment of the AUD...