Roberto Jacobs / Blog
FxWirePro: South Korean Won Gains on the Back of Higher Than expected Manufacturing PMI Data USD/KRW is currently trading around 1140 levels. It made intraday high at 1146 and low at 1140 levels. Today South Korea released manufacturing PMI data with positive numbers at 50.0 m/m vs 49...
Japan drags Asian Markets in the Red, Stronger Yen weighs The risk-off moods hit the Asian markets at the start of a brand new week, with most major Asian indices witnessing bearish opening, particularly the Nikkei 225 index...
APAC Currency Corner – RBA's Turn AUD We have a huge week ahead in Australia, highlighted by Tuesday’s RBA policy review and Federal Budget IN the wake of last week’s tepid inflation report, Traders have been increasingly pricing in the probability of an RBA rate cut, which now stands at 58 perce...
AUD/USD Reclaims 5-DMA Amid Stabilizing Equities The AUD/USD pair quickly reversed a brief dip below 0.76 handle and climbed back higher in the Asian traders, as risk sentiment appears to get better amid holiday-thinned trading. AUD/USD eases-off daily highs Currently, the AUD/USD pair advances 0...
USD/JPY Testing Key Supporting Fibo Area - Commerzbank Axel Rudolph, analyst at Commerzbank noted USD/JPY's drop through 106.63 38.2% Fibonacci retracement of the move up from 2012 and trajectory towards the 200 month and week moving averages at 105.86/23...
Iron Ore a Fade and a Seasonal Uplift in Aud? - ING Analysts at ING Bank explained that iron ore dynamics point to seasonal AUD uplift, fade this effect...
AUD/JPY Targeting S1 at 79.71 AUD/JPY was carving a bullish tone out for itself at the start of the week, recovering from the 80.63 lows. AUD/JPY reached a high of 81...
FxWirePro: Go Long on AUD/NZD at 1.0860 With Stop Loss at 1.0844 and Target of 1.0976 AUD/NZD is trading around 1.0865 marks. Pair made intraday high at 1.0898 and low at 1.0844 marks...
FxWirePro: Japanese Yen Hits Fresh 18-month High Against US Dollar in Early Asian Hours USD/JPY is currently trading around 106.27 marks. It made intraday high at 106.72 and low at 106.13 levels. Intraday bias remains bearish till the time pair holds immediate resistance at 107.87 levels...