Roberto Jacobs / Blog
USD/JPY Bulls Fighting for Control, 107 Back on Sight? The recovery in the Japanese equities offers a fresh boost to the USD/JPY pair, now pushing the prices back towards daily highs near 106.70 region...
US Economy: Fogginess Continues - ANZ According to ANZ Research Team, the health of the US economy remains unclear, noting that it would take quite strong results in upcoming economic data for the market to get excited about the possibility of a June rate hike...
EUR/USD Eases-Off Fresh 2016 Highs, Focus on PMIs, Draghi The risk conditions improved over the last hours and weighed somewhat on the safe-haven euro, dragging EUR/USD lower from fresh multi-month tops. EUR/USD supported at daily pivot (1.1460) Currently, EUR/USD trades +0.10% higher at 1...
FxWirePro: Nikkei225 Recovers After Making a Low of 15837, Good to Sell on Rallies Major resistance - 16600 Major support - 15800 Nikkei index slightly recovered after making a low of 15837.It is currently trading around 16072. Short term trend is bearish as long as resistance 16600 holds...
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...