Roberto Jacobs / Blog
FxWirePro: USD/SGD Fails to Break Key Resistance at 1.3628, Good to Sell on Rallies USD/SGD is currently trading around 1.3558 marks. It made intraday high at 1.3594 and low at 1.3553 levels. Intraday bias remains bearish till the time pair holds initial resistance level at 1.3628...
Forex Preview: Canada's Jobs Report (Apr) How y’all doing, forex friends? Canada will be releasing its jobs report this Friday (May 6, 12:30 pm GMT), so if you’re looking to grab some quick pips from Loonie pairs before calling it a week, then this event is your best bet...
USD/JPY Deflates from 107.20 Amid Negative Equities The USD/JPY pair fades a spike from daily tops and now reverts to 107 handle, as subdued trading on the Asian equities provides respite to the JPY bulls somewhat. USD/JPY well above 5-DMA at 106...
FxWirePro: Aussie Gains Against Major Peers on the Back of Higher Than expected Retail Sales Data AUD/NZD is trading around 1.0872 marks. Pair made intraday high at 1.0875 and low at 1.0827 marks. Today Australia released retails sales data with positive numbers at 0.4% m/m vs 0...
Asian Stocks Trade Subdued, Fall for 7th Day in a Row The stocks on the Asian bourses traded largely subdued this Thursday, extending losses for the seventh consecutive session and marking the longest losing-streak of the year...
Turkish Lira Sold-off on Turkish PM Resignation USD/TRY is on a tear, having made a trend high of 2.98 before consolidating just above 2.95, following news that Turkish Prime Minister Ahmet Davutoglu is set to step down after disagreements with President Erdogan...
Aussie Retail Sales Preview - What to Expect in AUD/USD? AUD/USD is headed for a second weekly bearish close with yet further intra-session selling with the greenback advancing across the board...
Oil Climbs 2% in Asia Amid Supply Disruption Fears Oil benchmarks on both sides of Atlantic reversed losses seen earlier this week and rebounded higher, now extending gains into a second day today on the back of rising concerns supply disruptions from Canada and Libya...
AUD/NZD Jumps to Test Hourly 100-SMA on Aus Data The Australian dollar spiked higher versus its OZ neighbour in the Asian morning hours, sending AUD/NZD sharply higher towards 1.09 handle on the release of Aus and China macro data. AUD/NZD extends recovery from 1...