Roberto Jacobs / Blog
FxWirePro: NZD/USD Upside Stalls at Channel Top, Slips Below 5-DMA at 0.6969 Despite risk-on sentiment, the Kiwi has been left on the sidelines, trades narrow range on the day (0.6982-0.6955). Upside in the pair stalls at channel top resistance at 0...
Oil Prints Fresh 5-Month Highs, Brent Above $ 46 Oil benchmarks on both sides of Atlantic paused the corrective slide from Asian hours, and now resume the recent uptrend as the European traders cheer the bullish EIA inventory report...
EUR/USD Challenging Lows sub-1.1300, ECB Eyed The single currency is now posting marginal losses vs. its American counterpart on Thursday, sending EUR/USD back below the 1.1300 handle. EUR/USD attention to ECB Spot has returned to the 1.1300/1...
EUR/GBP Ranging Ahead of Key Event Release Following three consecutive days of decline, the EURGBP pair is trading in a narrow range with little change from yesterday's close ahead of the release of UK monthly retail sales data and ECB monetary policy announcement later during the day...
GBP/USD Bounces-Off 1.4320 Ahead of UK Retail Sales The GBP/USD is seen gradually drifting lower as we progress towards early Europe, having breached yesterday’s lows, and now looks to test 1.43 handle ahead of the UK retail sales data...
Dollar Longs Heavily Pared While Euro Shorts Square ahead of ECB – Deutsche Bank Nicholas Weng, Strategist at Deutsche Bank, suggests that this week we have seen paring in two of the most popular long trades: USD in DM, and PLN in EM...
Asian Markets Rally on the Back of Positive Global Sentiments, Gold Around $1250 and Silver Rises Nearly 3 Pct All the Asian markets are trading on a higher note on Thursday. Japanese markets continue to trade higher while China’s stock market opened mix and there after turns positive...
FxWirePro: USD/JPY Finds Strong Resistance at 109.90, Go Long on Break Above Doji formed on USD/JPY daily charts till now. Pair finds strong trendline resistance at 109.90. Further upside can be seen on breaks above. Test of 110.65 then likely...
FxWirePro: Silver Rises Nearly 3 Pct to $17.37, Highest Since May 2015 XAG/USD is currently trading around $17.28 marks. It made intraday high at $17.37 and low at $16.89 levels. Intraday bias remains bullish till the time pair holds immediate support level at $17.11 marks...