Roberto Jacobs / Blog
EUR/USD: Futures OI Increased by 3.7k Last Friday Preliminary data from the CME Group shows that futures traders added new business in the 6E contract (EUR/USD) last Friday, a day in which the pair broke a key area of support at 1...
FxWirePro: USD/INR Fails to Sustain Above 66.90, Intraday Bias Remains Bearish USD/INR is currently trading around 66.83. It made intraday high at 66.91 and low at 66.81 marks. Intraday bias remains bearish till the time pair holds key resistance at 66.95 marks. A daily close below 66...
FxWirePro: AUD/USD Recovers Gap Down Open, Bearish Trend Firmly in Place AUD/USD has recovered the opening downside gap but bearish trend in the pair firmly in place. Poor Chinese data over the weekend weighed heavily on the pair, AUD/USD hit session lows at 0.7244. AUD/USD currently trading at 0...
FxWirePro: AUD/NZD Refrains to fall Below Key Support at 1.0704, Good to Sell on Rallies AUD/NZD is trading around 1.0762 marks. Pair made intraday high at 1.0783 and low at 1.0704 marks. Intraday bias remains bullish till the time pair holds key support at 1.0700 marks. A daily close below 1...
GBP/USD Off-Highs, but Corrective Mode Intact Near 1.4360 The GBP/USD pair bounced from near fifteen-day lows and extended higher beyond 1.4350 levels, before facing fresh offers near 1.4370 as risk-off once again returned to markets. GBP/USD remains capped below 5-DMA Currently, GBP/USD drops -0...
NZD/USD Fall to Extend to the 0.6650 Area - Westpac Imre Speizer, Senior Market Strategist at Westpac, notes that the stronger US dollar has resulted in a 3% fall in NZD/USD so far this month. Key Quotes “We expect that to extend this week, to the 0...
USD/JPY intermarket: Bulls Need Higher Adj in 10-y US-JP Spread One week ago, a significant divergence between the 10-year US-JP yield spread was identified, one which was suggesting the possibility of the pair being too cheap based on its yield valuations...
AUD/JPY: Recovery Faces Stiff Hurdle at 79.50 The bulls appear to have taken a breather from the recovery mode, with the AUD/JPY cross now drifting slightly lower from the mid-point of 79 handle. AUD/JPY sees almost 1 big figure recovery The AUD/JPY pair now advances 0.29% to 79...