Roberto Jacobs / Blog
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...
Oil Steady Around $49.30, Focus on This Week’s OPEC Meeting WTI crude oil futures managed to recover from session low of $49.05 to currently trade near $49.30 amid dull trading session on the first trading day of a fresh trading week that is full of market moving events...
FxWirePro: CHF/JPY Faces Strong Resistance at 112.35, Good to Sell on Rallies Major Resistance- 112.35 (trend line joining 117.41 and 115.01) The pair has made a high of 112.12 and slightly declined from that level. It is currently trading around 111.91...
FxWirePro: Deploy GBP/USD Option Strips Bidding 1M Rr - a Run Through of Various Scenarios of Strikes For demonstration we consider the GBPUSD ATM instruments while formulating option strips strategy...
GBP/JPY Trade Idea Major resistance- 162.80 (100 EMA) Major support -159.93 (10 day EMA) GBP/JPY has broken major resistance 162.80 and slightly retreated from that level. It is currently trading around 162.27. The pair is facing major resistance around 162...
Gold Under Biggest and Longest Daily Decline in More Than Three Decades Gold has been declining and declining hard. The yellow metal, which had one of its best starts to a year in 2016, has declined for 9 consecutive days, including today. In past nine sessions, it has declined 5...
The Forex Week Ahead: May 29th – 2nd June Mon: EUR – German CPI, JPY – Unemployment Rate Tue: EUR – German Unemployment rate, EuroZone CPI, USD – PCE, Consumer Confidence, CAD – GDP Wed: CNY – Manufacturing & Non-Manufacturing PMIs, AUD – GDP, CHF – GDP, EUR – EuroZone Manufacturing PMI, GBP...