Roberto Jacobs / Blog
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...
FxWirePro: Nikkei Forms Inverse H&s Pattern, Good to Buy at Dips Pattern Formed-Inverse Head and shoulder Major resistance - 17300 The index has broken neckline around 16800 and jumped till 17250 at the time of writing .It is currently trading around 17237...
FxWirePro: USD/SGD Breaks Key Resistance at 1.3423, Good to Buy on Dips USD/SGD is currently trading around 1.3454 marks. It made intraday high at 1.3479 and low at 1.3434 levels. Intraday bias remains bullish till the time pair holds initial support at 1.3423 levels. A daily close below 1...
FxWirePro: Gold Tests Key 1256 Level, Scope for Further Upside Gold retreated slightly on Wednesday as dollar firmed after better than expected US housing data supported dollar and investors remained cautious ahead of the Eurozone interest rate decision followed by ECB press conference...
FxWirePro: USD/JPY Rebounds, Critical Resistance at Lies Ahead The USD/JPY pair slipped towards 108.74 levels initially in the European session, however the pair rebounded back strongly gaining back all losses suffered earlier after the release of positive US housing data...
EUR/USD Drops to Test 1.1300 The euro dropped further against the US dollar and fell to 1.1300 hitting a new daily low. So far EUR/USD has been able to remain above 1.1300 but continues to hold a bearish intraday tone...
USD/CHF Reverses and Climbs Toward 0.9700, at 4-Week Highs The Swiss franc dropped sharply across the board during the American session and boosted the USD/CHF pair that rose from 6-day lows to 3-week highs. Yesterday the pair declined to 0.9584 and then rose modestly...