Roberto Jacobs / Blog
FxWirePro: EUR/SEK Remains Well Supported Below 9.35, Intraday Bias Remains Bearish EUR/SEK is currently trading around 9.3353 levels. It made intraday high at 9.3442 and low at 9.3285 levels. Intraday bias remains bearish for the moment. A sustained break above 9.35 tests key resistances at 9...
FxWirePro: Dax Faces Strong Resistance 10200, Good to Sell on Rallies Major resistance- 10200 (200 day MA) Major support -9750 DAX has made a high of 10110 (May 10th 2016) and declining from that level. It is currently trading around 9816. Short term trend is low as long as resistance 10200 holds...
USD/JPY, EUR/SEK, 1H Chart: Channel Up EUR/SEK 1H Chart: Channel Up Comment: EUR/SEK formed the channel soon after a test of 9.16—a major demand area that was established a year ago and repeatedly confirmed thereafter...
Daily Forex Fundamental Overview Fundamental Analysis USD “Some of that is just a reversal of the huge fundamental decline in oil and gasoline that we’ve seen, and the other part is the service side of the economy...
EUR/GBP Seems Vulnerable to Slide Below 0.7800 Extending its break-down momentum on Wednesday, the EUR/GBP pair is dipped lower to 0.7813 ahead of the UK jobs report and the final print of EU CPI. On Tuesday, the pair attempted a sharp recovery from 0.7800 handle and move back above 0...
FxWirePro: South African Rand Falls Against US Dollar ahead of CPI Data Pair is currently trading at 15.72 marks. It made intraday high at 15.75 and low at 15.52 levels. Intraday bias remains bullish till the time pair holds key support level at 15.37 levels. A daily close above key resistance 15...
Fed Officials Warn Over Markets Dovish Hike Expectations Several FOMC members have come out and warned against too dovish expectations by market participants over rate hike...
FxWirePro: EUR/GBP Rangebound ahead of EZ Inflation Data, Momentum Studies Bearish EUR/GBP trades a tight range on the day, with day's highs at 0.7831 and lows at 0.7813...
AUD/JPY: Bears Relentless, Heads Towards 79 Handle The AUD/JPY cross remain heavily offered in the European trades, now attempting a tepid-bounce towards the mid-point of 79 handle. AUD/JPY testing support near 80.20 The AUD/JPY pair now drops -0.64% to 79...