Roberto Jacobs / Blog
CHF/JPY Trade Idea Major resistance – 114.65 (200 4 HMA) Major support – 113.40 The pair has broken minor resistance 114.27 and jumped till 114.59. It is currently trading at 114.59. Short term trend is slightly bullish as long as support 113.40 holds...
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NZD Slipped by 0.3% in Response to the AUD Move - SocGen Kit Juckes, Research Analyst at Societe Generale, suggests that the NZD has fallen 0.3% in response to the AUD move, so driving AUD/NZD sharply lower. Key Quotes “I’d rather be short NZD/USD than AUD/USD around these levels...
CHF/JPY Faces Strong Resistance at 114.65, Break Above Targets 115.20/116 Major resistance – 114.65 (200 4 HMA) Major support – 113.40 The pair has broken minor resistance 114.27 and jumped till 114.59. It is currently trading at 114.59. Short term trend is slightly bullish as long as support 113...
AUD: Short-Term Market Caught the Wrong-Footed – BBH Research Team at BBH, suggests that the short-term market was caught the wrong-footed when Australia reported an unexpected decline in Q1 CPI. Key Quotes “The 0.2% decline contrasts to expectations for an increase of the same magnitude...
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