Roberto Jacobs / Blog
USD/CAD Choppy Post-GDP, Back to Tops Near 1.3080 After a brief test of the 1.3020 area, USD/CAD has quickly climbed to the area of daily highs in the 1.3070/80 band. USD/CAD bounces off 1.3020, focus on API The pair has rapidly faded the drop to the 1...
EUR/USD Keeps Gains on US Data The common currency remains on the positive territory following today’s US releases, with EUR/USD meandering the mid-1.1100s...
AUD/CHF Trade Idea Major resistance -0.7155 (trend line joining 0.7245 and 0.7200) AUD/CHF has violated trend resistance and jumped till 0.7195 at the time of writing. It is currently trading around 0.71785...
Gold Attempts to Find Support at $1200 After suffering nine days of consecutive losses and falling to a threemonth low, marginally below $1200 during trading on Monday, Gold is now attempting to consolidate and stabilize around $1200...
NZD/USD Further Losses Seen Below 0.6665 – UOB In view of the research team at UOB Group, the Kiwi dollar faces further pullbacks on a close below 0.6665. Key Quotes “Similar to AUD/USD, NZD was not able to recover in a sustained manner despite waning downward momentum and oversold conditions”...
Sterling Strategy: Weak Wage Growth - RBS Research Team at RBS, suggests that the main focus of sterling FX markets is still on the EU Remain/Leave Referendum. Key Quotes “With a very light data calendar, sterling’s main focus stays on the UK EU Remain/Leave Referendum...
USD/JPY: Straddling the 111 Area - BBH Research Team at BBH, notes that the dollar, which was straddling the JPY110 area last week, is now straddling the JPY111 area...
FxWirePro: EUR/AUD Whipsaws on 7DMA and Shooting Star Signal Reversal - Covered Puts for Aggressive Bears and Futures Reversal signal is generated from series of bearish candles at whipsaws on 7DMA...