Roberto Jacobs / Profil

EUR/USD Subdued Around 1.1140 ahead of Payrolls The demand for the shared currency remains depressed at the end of the week, with EUR/USD hovering over the 1.1140 area...

AUD/USD Continues to Struggle Below 200-DMA, NFP in Focus As we head towards the release of key macro indicator from the US NFP, the US Dollar seems to gain traction with the AUD/USD pair once again reversing from the vicinity of 200-day SMA to currently trade around 0.7235...

EUR/GBP Eyes 0.73 in 3-Month – Rabobank The European cross could retreat to the 0.7300 area in the next 3-months, suggested Senior FX Strategist at Rabobank Jane Foley. Key Quotes “GBP has made an impressive recovery vs...

USD/JPY Still Under Pressure – UOB The research team at UOB Group reiterated USD/JPY remains vulnerable and could attempt a test of the 108.20 area. Key Quotes “USD dropped to a low of 108.49 before rebounding...

GBP/USD Further Losses Expected Below 1.4278 – Commerzbank Karen Jones, Head of FICC Technical Analysis at Commerzbank, sees downside pressure gathering further traction on a close below 1.4278...

EUR/USD: Levels, Ranges, Targets Draghi on hold is the result to alternatives to CHF, GBP, DKK and SEK as those interest rates trade below European rates and are literally on the floor near zero. Negative interest rates contain bottoms at zero. Added is non negative interest rate nation GBP...

NZD/USD Inches Higher to 0.6850 ahead of NFP Release Maintaining its strong bid tone, the NZD/USD pair continues to inch higher and is now attempting to build on to its gains beyond 50-day SMA. Currently trading around the mid-point of 0.6800-0...

US NFP Preview: What to Expect of EUR/USD The US Bureau of Labor Statistics will publish the results of the Non-farm Payrolls later in the NA session, with consensus expecting the US economy to have created 164K jobs during May and the unemployment rate to have ticked lower to 4.9% from 5.0...

US NFP Preview: 8 Major Banks Expectations from the May Release We are closing in on the May’s release of US Non-Farm Payrolls data. The following are the expectations as forecasted by the economists and researchers of 8 major banks...

AUD/JPY Recovers to 79.00 from Near-Term Trading Range Support Last two days of bearish move now seems to be fading away and the AUD/JPY cross recovers back to 79.00 mark, extending a bounce off 78.30 support area tested on Thursday...

USD/TRY Off Highs, Around 2.95 on CPI The Turkish Lira is regaining some momentum vs. the greenback today, taking USD/TRY to the boundaries of the 2.95 handle after dropping to the area of 2.9550. USD/TRY higher post-CPI The pair has faded the initial spike to the mid-2...

BTC/USD Breaks Major Resistance $550, Targets $575/$630 BTC/USD has broken major resistance $550 and this confirms continuation of bullish trend. It is currently trading around $550.50. Short term trend is bullish as long as support $525 (7 day EMA) holds...

GBP/USD Forecast: Close to Its Weekly Low The GBP/USD pair retreats from a high set at 1.4447 achieved after the release of the latest Markit Services PMI for May, up to 53.5 from a previous 52.3, as despite beating also expectations of 52.5, the reading is close to multi-year lows...

USD/CAD Prop-Up to Trade Flat at 1.3100 ahead of US Jobs Report The USD/CAD pair was well supported around 10-day SMA near 1.3075 and propped to 1.3100 handle but still remained in a narrow band as traders await for fresh impetus from US monthly jobs report...

USD/CHF Hits Fresh Highs as USD Demand Returns Ahead of NFP The bid tone around the US dollar keeps growing bigger, driving USD/CHF further into the positive territory above 0.99 handle. USD/CHF near 10-DMA at 0.9919 Currently, the USD/CHF pair trades 0.15% higher near fresh session highs of 0...

USD/JPY Extends the Bounce Near 109.00 After dropping to lows near 108.50, USD/JPY has managed to gather traction and advance to the boundaries of the 109.00 handle. USD/JPY focus on US data Spot is gaining smalls so far, on its way to test the 109...

EUR/USD Drops to Session Low After EU Retail Sales, Now Eyeing NFP Data The EUR/USD pair failed to capitalize on its initial minor up-tick and turned negative after monthly retail sales number fell short of consensus estimates...

Oil Flat-Lined After OPEC Meeting, US Rigs Data Eyed Having witnessed a volatile session a day before, oil benchmarks on both sides of Atlantic trade modestly flat as dust settles over the OPEC meeting aftermath...

EUR/JPY Could Test 120.00 in The Medium Term – Rabobank Jane Foley, Senior FX Strategist at Rabobank, slipped the chance that the cross could retreat towards the 120.00 area in the next months...

EUR/USD Forecast: US Jobs Data Awaited The EUR/USD pair is confined to a 20 pips range ever since the day started, and not far from the base of this week's range, ahead of the release of the US Nonfarm Payroll report. The pair failed to regain the 1...