Roberto Jacobs / Blog
EUR/USD: Fresh Bids Emerge Near 1.1290, ECB in Focus The shared currency recovers losses and returns to the positive territory versus the American dollar in the mid-Asian trades, with EUR/USD now striving hard extend gains above 1.1300. EUR/USD eyes on 5-DMA at 1...
Gold Catches Fresh Bid in Asia, Re-Takes $ 1250 Gold reversed previous decline and swung back into the bids in the mid-Asian session, despite risk-on trades picking-up pace amid higher Asian equities. Gold regains hourly 200-SMA Currently, gold trades +0.37% at 1250...
FxWirePro: AUD/USD Trades Rangebound in the Asian Session, Momentum Higher The latest NAB confidence gauge showed both a resilient non-mining recovery and an outlook that has continued to improve, although the confidence figures matched estimates...
FxWirePro: Gold Refrains to Fall Below Key Support at $1242, Intraday Bias Remains Bullish XAU/USD is currently trading around $1248 mark. It made intraday high at $1251 and low at $1242 levels. Intraday bias remains bullish till the time pair holds immediate support at $1242 marks...
Reuters Survey: Japan Companies Not in Favour of Further Negative Rates The latest Japanese Corporate Survey conducted by Reuters raises doubts over BOJ’s negative interest rates policy...
Action in the Commodities Sector - ANZ Analysts at ANZ noted that the Energy was stronger overnight and rounded up the action across the commodities sector. Key Quotes: "Crude oil turned around early losses after data showed US output continued to fall...
USD/JPY Bulls Losing Their Edge? USD/JPY was slightly offered in a positive start, following a positive close on Wall Street. USD/JPY has been as high as 109.88 from intraday lows of 108...
FxWirePro: ASX200 Trades Well Above 5200, Good to Buy at Dips Major resistance - 5220 (55 W EMA) ASX200 has broken major resistance 5220 and jumped till 5290 at the time of writing. It is currently trading at 5275. Short term trend is slightly bullish as long as support 5200 holds...
NZD/USD: Lost the Top Spot, Targets 20 DMA at 0.6868 NZD/USD has found some stability below the 0.70 handle after intraday downside play from 0.7053 highs scored yesterday. NZD/USD was oscillating at 0.6980 ahead of Tokyo while the day ahead is absent of data for New Zealand...