Roberto Jacobs / Blog
EUR/USD Weaker, Breaks Below 1.1300 The single currency is extending its bearish note at the end of the week, now prompting EUR/USD to test the 1.1300 neighbourhood...
FxWirePro: Go Long on USD/INR at 66.78 With Stop Loss at 66.50 and Target of 67.12 USD/INR is currently trading around 66.82. It made intraday high at 66.88 and low at 66.74 marks. Intraday bias remains bullish till the time pair holds key support at 66.50 marks. A sustained break below 66...
Oil Extend Slide, Drops to Low Near $50.00 After hitting nearly one-year high of $51.64, WTI crude oil futures pulled-back on Thursday and extended the profit-taking slide on Friday and is currently trading just above the $50.00 psychological mark...
Global Growth Disappointment to Continue - RBS The views of RBS economists on global economic matters have been largely vindicated by the incoming data in recent weeks. Key Quotes “Global growth is decelerating and undershooting consensus forecasts as we anticipated...
FxWirePro: Sharp Fall in Australian Bond Yields Weighs on the Aussie, AUD/USD Tests 0.74 Handle AUD/USD extends correction for the second straight day as lower Australian bond yields weigh on the Aussie. The pair hit session lows of 0...
Asian Markets Trading on a Lower Note, Gold Back Below $1,270 All the major Asian indices are trading on a lower note on Friday and on the other side, Yen fails to fall below 106 marks and trading around 107.15 marks...
Is Silver About to Stage a Sharp Rally? Silver has been relatively volatile over the past few weeks as the metal has reacted to a range of rhetoric from the Fed on interest rate hikes. However, despite the recent pullback from the high at $17...
Daily Recommendations on Major EUR/USD EUR/USD - 1.1300 Although euro's anticipated decline from Thursday's fresh 1-month peak at 1.1416 (Asia) to as low as 1.1306 in New York and then intra-day weakness below said sup in Asia confirms early upmove from May's 1...
NZD/USD Turns Negative Below 0.7100, Testing Thursday’s Low The NZD/USD pair extends its retreat from yearly tops in the Asian session this Friday, having met fresh supply over the last hour amid renewed risk-off wave. NZD/USD unable to keep 0.71 handle Currently, the NZD/USD pair drops -0...