Roberto Jacobs / Blog
EUR/USD Jumps to Highs Near 1.1160 The common currency met a wave of buying interest following a negative start of European equity markets today, lifting EUR/USD to the vicinity of 1.1160. EUR/USD supported near 1...
USD/JPY Intermarket: Selling Dubious vs Intrinsic Valuations With USD/JPY rally having thwarted just ahead of 111.50 on Tuesday, the pair has experienced an abrupt reversal ever since, selling-off initially towards the 111...
Daily Analysis of USDX for June 01, 2016 The greenback remains strong in the mid term, as the 200 SMA is still a dynamic support on the H1 chart. The next resistance is still placed around the 96...
Daily Analysis of GBP/USD for June 01, 2016 The pair continues to trade into a bearish tone on the H1 chart, looking to extend the decline below the support level of 1.4464, which remains a solid demand zone on a short-term basis...
USD/JPY Weaker, Wobbling around 110.00 The Japanese yen is appreciating vs. its American counterpart today, sending USD/JPY to as low as the 109.70 area, although regaining the 110 neighbourhood afterwards...
GBPUSD Downside Risk; 50-Day MA Supports GBPUSD is now forming a neutral bias after the bullish move from 1.4004 to 1.4768 stalled and the market is consolidating just above the 50% Fibonacci of this upleg from April to May. This Fibonacci level lies just below the key psychological 1...
Yen Jumps as US Yields Fall Back and ‘Brexit’ Risks Creep Higher – MUFG Derek Halpenny, European Head of GMR at MUFG, notes that as was widely expected, PM Abe announced in the Diet today that he has decided to postpone the sales tax increase from 8% to 10% from April next year until October 2019...
UK Manufacturing PMI Preview: What to Expect of GBP/USD? The UK economy will release its May manufacturing PMI later in the European session. Markets expect the manufacturing PMI to tick higher to 49.9 from a sharp drop seen in April to 49.2 points...
FxWirePro: NZD/JPY Rejected at Chann NZD/JPY was rejected at channel top by 75.45 and has slipped lower to hit session lows of 74.44. Technicals on 4H charts support further downside in the pair, RSI, Stochs biased lower and MACD line shows bearish crossover on signal line...