Roberto Jacobs / Blog
FxWirePro: Reiteration on AUD/USD's Major Trend Continuation After Rejection of Resistance at 23.6% Fibos and at 0.7651 Didn’t we alert you for the shorts..? Please follow below weblink: https://www.tradingview...
Why Dollar Is Well Bid Despite Disappointing Non-Farm? After Friday’s worse than expected non-farm payroll report, after initial jolt, Dollar has snapped back and still remains quite well bid against number of currencies...
Australian Bonds Marginally Up on Weak Inflation Expectations The Australian government bond marginally firmer Thursday after data showed that Melbourne Institute survey of consumer inflationary expectations dropped to 3.2 pct in May...
FxWirePro: Indian Rupee Strengthens Against US Dollar, Good to Sell on Rallies USD/INR is currently trading around 66.57. It made intraday high at 66.62 and low at 66.54 marks. Intraday bias remains bearish till the time pair holds key resistance at 66.72 marks. A daily close below 66...
USD/JPY Minor Weakness Only Below 108, Good to Go Long Major support – 108 (7 day EMA) Major resistance – 108.81 (21 day MA) USD/JPY has taken support near 7 day EMA and slightly recovered from that level. It is currently trading around 108.75. Minor weakness can be seen only below 108 level...
Gold: Offered at 10-DMA, Drops to Test $ 1270 The yellow metal failed to sustain two back-to-back sessions of gains and fell sharply in the Asian hours, having met fresh supply almost at 10-DMA. Gold finds support at $1270 Currently, gold trades -0.37% lower at 1272...
EUR/USD Consolidates in a Directionless Trading Session As risk-aversion strikes back, the EUR/USD pair is moving in a narrow trading band, consolidating Wednesday's gains ahead of the BoE's Super Thursday...
US: Moderate Growth Expected Through to 2018 - NAB Tony Kelly, Senior Economist at NAB, suggests that the U.S. economy had a weak start to 2016, but they forecast it to rebound, with moderate growth expected through to 2018...
Stressed FX Markets – Nomura Bilal Hafeez, Research Analyst at Nomura, suggests that if we rewind to the middle of February and markets were in turmoil and the S&P500 was plummeting to two-year lows, credit spreads were exploding higher and oil was testing $25 a barrel...