EUR/USD touched and then bounced off the near-term support line at 1.0769 last week. Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, analyzes the EUR/USD technical picture. Key quotes “W...
EUR/USD is to further bounce off its one month low at 1.0728, in the opinion of Axel Rudolph, Senior FICC Technical Analyst at Commerzbank. Key quotes “EUR/USD is expected to recover from last week’s low at 1.0...
The EUR/GBP pair reached the target mark at 0.8979. Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, looks for further gains. EUR/GBP is trading at 0.906. Key quotes “EUR/GBP has recently...
EUR/USD has not only eroded the 200-week ma at 1.1347, spent yesterday trading above this level. This is critical from a longer-term perspective, in the opinion of Karen Jones from Commerzbank. “A weekly close ...
Cable could target a move to the 1.3280 region when/if the 1.3102 level is cleared, suggested Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank. Key Quotes “GBP/USD has so far been thwarted...
In opinion of Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, the pair needs to regain 1.0926 and above in order to mitigate the downside pressure. Key Quotes “EUR/USD has recently come ...
The cable is painting a potential continuation pattern on the chart, therefore, today’s outlook for the GBP/USD pair is bullish, according to Karen Jones, an analyst at Commerzbank. Key quotes “GBP/USD is rally...
In opinion of Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, the pair’s decline is expected to face a solid support in the 1.0879/1.0763 band. Key Quotes “EUR/USD remains under pressure...
The 1.2950 region is seen holding the topside following the recent price action in Cable, noted Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank. Key Quotes “GBP/USD has not sustained the ...
The uptrend of the GBP/USD is showing signs of exhaustion as analysts at Commerzbank note. Therefore, key levels should be watched closely. Key quotes “GBP/USD has eroded its uptrend and sits on the December lo...