Roberto Jacobs / Blog
Weekly Overview on Majors' Price Action EURUSD - Back to the Main Trend Line The price of EURUSD has reached a new high for the uptrend at 1.1616. After this level was hit, the price dropped 500 pips all the way to the main trend line. It found a local support at 1.1100...
'There is a Very Good Possibility of a USD Sell-Off in June' - Nenad Kerkez, Admiral Markets Nenad Kerkez is an analyst and trader who has been in the market since 2008 and works closely with Admiral Markets as their Head Lecturer and Market Analyst...
EUR/JPY: Rally Losses Strength Near 124.00 EUR/JPY is having the best day in two weeks, as it consolidates gains around 123.70. The pair lost strength near the 124.00 handle and pulled back modestly. EUR/JPY ahead of relevant resistance levels It opened the week around 122...
AUD/USD Consolidates Below 0.7200 AUD/USD has spent the last hours consolidating within a narrow range just below the 0.7200 level due to thin trading conditions, with US markets closed due to Memorial Day celebrations. AUD/USD fell to a 6-day low of 0...
EM Currencies to Remain Susceptible in the Run Up to the Fed Fed Chairwoman Janet Yellen in a speech at a panel discussion at Harvard University on Friday said that the central bank would “probably” raise interest rates in the coming months if the U.S. economy keeps gaining strength...
ECB Risks Remain Tilted Toward Further Easing - Wells Fargo Analysts from Wells Fargo expect the European Central Bank (ECB) to leave monetary policy unchanged in the near term and recognize that risks remain tilted toward further easing...
GBP/USD Consolidates Above 1.4600 On a quiet session, GBP/USD is consolidating above 14600, around the level it closed last week after falling earlier to 1.4587,the lowest level in six days...
USD/JPY Holds Onto Daily Gains Around 111.00 USD/JPY reached a fresh monthly highs during the European session, with no fresh catalysts behind the move with the greenback still benefitting from last Friday’s comments from Fed Chair Yellen. USD/JPY rose to a peak 111...
ECB to Maintain Its Patient Stance - Danske Pernille Bomholdt Henneberg, Senior Analyst at Danske Bank affirmed that they expect the European Central Bank (ECB) to maintain its patient stance on Thursday...