Roberto Jacobs / Blog
RBA’s John: No Quick Fix to Lift Inflation - TDS Research Team at TDS, notes that there was no data out today, but snippets of a Dow Jones interview with RBA Board Member John Edwards got some airplay...
EUR/USD Stuck in Tight Range Near 1.1200 The EUR/USD pair traded around a flat-line almost through the Asian session, and now flirts with 1.12 handle as we head towards early Europe. EUR/USD finds support above 100-DMA at 1.1175 Currently, EUR/USD trades dead flat at 1...
FxWirePro: USD/INR Hovers Around Key Support at 67.35, Intraday Bias Remains Neutral USD/INR is currently trading around 67.34. It made intraday high at 67.50 and low at 67.3250 marks. Intraday bias remains neutral till the time pair holds key support at 67.12 marks. A daily close above 67...
FxWirePro: AUD/USD Consolidates Above 61.8% Fib, Weakness to Resume on Close Below AUD/USD failed to close below 61.8% Fib of Jan to Apr rally (0.7212) on Thursday. The pair is now consolidating above the 61.8% Fib level and weakness to resume only on close below...
FxWirePro: NZD/USD Takes 100-DMA Support, Edges Higher from Fresh 2-Month Lows NZD/USD is recovering from new 2-month lows hit on Thursday after taking support by 100-DMA (currently at 0.6717...
Asian Markets Turn Higher, Gold Stable Above $1250 Major Asian indices are trading on a higher note on the quiet session of Friday. USD/JPY remains supported around 110.00 marks while Gold fails to break key support at $1242 and currently trading around $1255 marks...
FxWirePro: USD/JPY at a Near-Term Top, Upside Stalls at 110.38 Highs USD/JPY trades a narrow 22 pip range in the Asian session. Pair is likely approaching a near-term top. USD/JPY pair declined from highs near 110...
FxWirePro: ASX200 Faces Strong Support at 21 Day MA, Good to Buy at Dips Major resistance - 5400 Major Support - 5293 (21 day MA) ASX200 has taken support near 21 day MA and slightly jumped till 5360 at the time of writing. It is currently trading at 5355...
FxWirePro: Nikkei225 Faces Strong Support at 200 Day 4H MA, Good to Buy at Dips Major resistance - 16985 (11 May High) Major support - 16450 (200 day 4H MA) Nikkei index has slightly recovered after making a low of 16690. It is currently trading around 16690...