Roberto Jacobs / Blog
Forex Technical Analysis: EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, XAU/USD (Gold) Analysis for May 30th, 2016 EURUSD, “Euro vs US Dollar” Eurodollar has reached the target of the first Fibonacci retracement expansion; the structure looks like the first wave of another downtrend...
NZD/USD Holding Recovery Gains to 0.6700 but Remains Vulnerable Extending its recovery from a two-month low level of 0.6675 touched earlier during Asian session, the NZD/USD pair continues to hold its neck above 0.6700 handle...
EUR/USD Remains Under Pressure – Scotiabank Shaun Osborne, Chief FX Strategist at Scotiabank, sees the pair still vulnerable in light of the upcoming ECB meeting and against the backdrop of a potential rate hike by the Fed...
USD/CAD Holding Gains to 1.3065 on After Canadian Data The USD/CAD pair was unmoved above the mid-point of 1.3000-1.3100 handle despite of weaker-than-expected economic data from Canada...
US Dollar Keeps Gains Near 95.70 The greenback, tracked by the US Dollar Index, has lost its earlier upside momentum and has returned to the 95.70 area. US Dollar capped around 96.00 After a brief test of fresh multi-week tops in the vicinity of the 96...
EUR/USD Watch for Counter Trend Confluence The EUR/USD is patiently waiting for major economic data coming in this week. We have some real high impact info this week and we could see riskoff sentiment possibly coming back. We need to watch out for upcoming releases: 1...
EUR/USD: Dollar Eases Modestly in Thin Trading EUR/USD Current Price: 1.1138 The American dollar gave back the ground gained at the beginning of the day, and the EUR/USD pair recovered from a fresh 2-month low of 1.1097, helped by positive data coming from Europe...
EUR Perspective Remains Poor – BBH Analysts at BBH have assessed the recent performance of the single currency. Key Quotes “Since the break of $1.12, we have been looking for $1.1070...
AUD/USD Bearish Below 0.7145/50 – UOB According to the research team at UOB Group, further pullbacks lie ahead for the Aussie dollar on a close below the 0.7145/50 band. Key Quotes “The 'rebound target' indicated at 0.7260 last Friday was not met as AUD dropped quickly after hitting a high of 0...