Roberto Jacobs / Blog
NZD/AUD: Momentum Could Take the Cross to Around 0.9350 – Westpac Imre Speizer, Senior Market Strategist at Westpac, suggests that the momentum could take the NZD/AUD cross to around 0.9350 this week but more likely is a period of consolidation between 0.9100 and 0.9300...
USD: Conditions for a Data-led Correction are Ripe - ING Research Team at ING, suggests that a stagflationary US labour market report (ie, softer activity, rising inflationary pressures) is unlikely to spur much global risk-on sentiment in the near-term...
NZD/USD: Higher Highs and Lows Pattern Broken - Westpac Imre Speizer, Senior Market Strategist at Westpac, suggests that the NZD/USD’s second attempt at 0.7050 last week again failed and gave way to a slump to the 0.6800 area...
FxWirePro: USD/KRW Fails to Find Support Above 1170, Good to Sell on Rallies USD/KRW is currently trading around 1165 levels. Intraday bias remains bearish till the time pair holds key resistance at 1172 levels...
Gold Sees Aggressive Long Bets While Silver Longs Reduced - TDS Research Team at TDS, lists down the CFTC Commitment of Traders Report for the week ending May 3rd, 2016...
USD/JPY Fresh Bids Emerge Near 5-DMA, Re-takes 107.50 The bulls appear to have found some support near 107.20 region, where 5-DMA intersects, and recovered some ground over the last hour in a bid to reclaim 107.50 levels. USD/JPY capped by hourly 200-SMA near 107...
AUD/USD Defending Gains Amid Industrial Metals Sell-off The bid tone around the AUD is seen weakening over the last hour, driving AUD/USD slightly lower towards 100-DMA on aggressive selling around the industrial metals. AUD/USD fails near 0.7390 Currently, the AUD/USD pair trades +0...
FxWirePro: ASX200 Struggles to Close Above 5300, Good to Sell on Rallies Major resistance - 5375 Major Support - 5200 ASX200 pares early gains today morning after making a high of 5321.It is currently trading at 5270. Short term trend is slightly bearish as long as resistance 5380 holds...
FxWirePro: Japanese Yen Gains in Early Asia on Robust Cash Earnings Data USD/JPY is currently trading around 107.31 marks. It made intraday high at 107.62 and low at 107.03 levels. Japan's average cash earnings rose 1...