Roberto Jacobs / Blog
Where To Sell USD/JPY? - Credit Suisse USDJPY remains capped beneath resistance from the 61.8% retracement at 109.47, notes Credit Suisse Techs. "We would allow for a consolidation phase here with a break higher needed to see the recovery extend for 109...
FxWirePro: USD/SGD Breaks Key Resistance at 1.3723, Intraday Bias Remains Bullish USD/SGD is currently trading around 1.3747 marks. It made intraday high at 1.3759 and low at 1.3727 levels. Intraday bias remains bullish till the time pair holds key support at 1.3723. A sustained close above 1...
FxWirePro: Silver Refrains to Sustain Below Key Support at $16.88, Good to Buy on Dips XAG/USD is currently trading around $17.02 marks. It made intraday high at $17.07 and low at $16.86 levels. Intraday bias remains bullish till the time pair holds key support at $16.88 marks...
GBP/USD Off-Lows, Flirts with Hourly 100-SMA Having bottomed out near 1.4425 region in early Asia, the GBP/USD pair is making recovery attempts to reclaim the midpoint of 1.44 handle, as dust settles over the BOE aftermath...
US: Data Drought Finally Com Research Team at TDS, suggests that the US data drought finally comes to an end today with the release of retail sales, producer prices, business inventories and consumer sentiment...
USD/JPY: Downside Risks Significantly Reduced - Westpac Robert Rennie, Research Analyst at Westpac, suggests now that Japanese officials appear to have found a voice, it does feel as if the downside risks for USD/JPY have been significantly reduced...
EUR/USD Side-Lined Around 1.1375, German, EZ GDP Eyed The EUR/USD pair extends its overnight consolidation phase into late-Asian trades, trading absolutely lacklustre ahead of a data-heavy macro calendar due later today. EUR/USD trades around 20-DMA at 1...
AUD: Timing of Another RBA Rate Cut will Cap Rallies - Westpac Sean Callow, Research Analyst at Westpac, suggests that the timing of another RBA rate cut will hang over AUD for some months, capping rallies. Key Quotes “But market pricing of about 20-25% chance for June, 100% by Oct and a 1...
NZD/USD: Break Below Four-Month Old Ascending Channel - Westpac Imre Speizer, Research Analyst at Westpac, notes that the NZD/USD has broken below a four-month old ascending channel such that momentum is now pointing downwards, mainly due to the US dollar’s rebound since 3 May...