Roberto Jacobs / Blog
FxWirePro: ASX200 Retreats After Making a High of 5430, Good Ot Buy at Dip Major resistance - 5380 Major Support - 5200 ASX200 pares early gains today morning after making breaking a major resistance of 5380 and jumped till 5430 at the time of writing.It is currently trading at 5386...
FxWirePro: Kiwi Gains As RBNZ Announces New Policy on Property Market AUD/NZD is trading around 1.0806 marks. Pair made intraday high at 1.0886 and low at 1.0797 marks. The RBNZ on Wednesday said it will consider more steps to help New Zealand's overheated property market...
FxWirePro: Nikkei225 Faces Strong Resistance at 17000, Good to Sell on Rallies Major resistance - 17000 (100 day EMA) Major support - 16350 (10 day EMA) Nikkei index has recovered strongly yesterday on account of weaker yen .The index has made a high of 16795 and closed at 16775...
FxWirePro: USD/KRW Remains Well supported Above 1162, Good to Buy on Dips USD/KRW is currently trading around 1167 levels. Intraday bias remains bullish for the moment. A daily close above 1168 will drag the parity up towards key resistances at 1176/1180/1193/1211 marks...
USD/JPY: Loss of 109.00 Accelerates Downside USD/JPY has broken bellow the 109.00 round number at the open of trading in China, with an acceleration towards 108.80 seen afterwards, as risk sentiment worsens...
AUD/USD Fades a Spike to 0.7190, Despite Risk-on The AUD/USD pair took-out Tuesday’s high, although failed to sustain at higher levels and drifted lower over the last hour. AUD/USD back below hourly 100-SMA at 0.7387 Currently, the AUD/USD pair rises 0.12% to 0...
AUD/USD: Better Bid on Oversold Readings - FXStreet Valeria Bednarik, chief analyst at FXStreet explained that AUD/USD pair bounced modestly overnight from a fresh 2-month low of 0...
USD/JPY: Bears Testing Bulls Commitments on 109 Handle USD/JPY is currently on the offer in a better start in Tokyo than previous sessions following gains on Wall Street in a better risk profile given the recovery in commodity sectors...
EUR/USD to Breakout to Downside? - FXStreet Valeria Bednarik, chief analyst at FXStreet explained that from a technical point of view, the pair is on a brink of a downward breakout, barely holding around the 61.8% retracement of its latest daily bullish run at 1.1370...