Roberto Jacobs / Blog
USD/JPY Off-Lows, but Stays Below 109 Amid Oil Sell-Off The selling pressure behind the USD/JPY pair accentuated over the last hour, as a renewed bout of risk-aversion hit markets after the oil prices hit fresh session lows. USD/JPY another attempt to 109...
FxWirePro: Silver Hits Fresh 10-Month High, Remains Supported Well Above $17.00 XAG/USD is currently trading around $17.11 marks. It made intraday high at $17.21 and low at $16.88 levels. Intraday bias remains slightly bullish till the time pair holds immediate support level at $16.88 marks...
FxWirePro: NZD/CAD Consolidates in Narrow Range, Good to Buy at Dips Major Resistance- 0.902 Major support – 0.8850 The pair has recovered after making a low of 0.8880 yesterday. It is currently trading around 0.8911. CAD rebounds against all major pairs on account of rising crude oil prices...
FxWirePro: USD/JPY Slips Below 109 Handle, Broad Based USD Weakness Weighs USD/JPY largely rangebound on the day (day's range 109.32-108.88), slips below 109 handle...
EUR/GBP Breaking Higher Above 0.7900, Awaits UK Data The cross in the EUR/GBP rebounded sharply this Wednesday, reversing a two-day slide, as the pound lost footing across the board heading into the UK jobs report. EUR/GBP eyes 5-DMA at 0.7930 Currently, the EUR/GBP pair trades 0.27% higher at 0...
GBP/USD Testing Lows Near 1.4350 Ahead of UK Data The sterling is giving away part of yesterday’s strong advance and is now sending GBP/USD to test daily lows in the mid-1.4300s. GBP/USD focus on UK data Spot has abandoned the area of 3-week tops above the 1...
EUR/USD Reverses a Spike to 1.1375, ECB Draghi Eyed The bulls failed another attempt to reach 1.14 handle earlier in Asia, with the EUR/USD pair now easing back towards the daily lows. EUR/USD supported at 20-DMA at 1.1355 Currently, EUR/USD trades almost unchanged at 1...
FxWirePro: NZD/USD Struggles at Channel Top, Upside to Resume on Breaks Above Antipodeans were supported overnight by positive risk environment, while the USD remained under pressure generally as housing data disappointed. Data released yesterday showed US housing starts fell 8...
FxWirePro,Singapore Dollar Slips Off 9-Month High Against US Dollar, Good to Buy on Dips USD/SGD is currently trading around 1.3405 marks. It made intraday high at 1.3416 and low at 1.3359 levels. Intraday bias remains neutral till the time pair holds initial resistance at 1.3423 levels...