Roberto Jacobs / Blog
FxWirePro: AUD/USD Slips Below 0.78 Handle, Good to Go Short, Target 0.7690 AUD/USD down from 10-month highs hit on Tuesday's trade as sentiment soured across markets as oil turned back in the negative territory...
AUD/USD: Technically Bullish, Key Support 0.7720 - FXStreet Valera Bednarik, chief analyst at FXStreet explained that the technical outlook for AUS/USD is neutral-to-bullish in the 1 hour chart...
GBP/USD: Approaching Towards Short Term Channel Limit – SocGen Research Team at Societe Generale, suggests that the GBP/USD has breached a multiyear upward channel support (1.46) and looks headed towards graphical levels at 1.36/1.35 (lows of 1986, 2001, 2009...
Oil Price Recovery to Overlook Divided OPEC – Danske Bank Senior Analyst, Jens Nærvig Pedersen at Danske Bank, notes that the decline in the oil price following the failed attempt in Doha on Sunday to reach an agreement among major world oil producers on a production freeze proved to be short-liv...
EUR/USD is Undergoing Broad Consolidation - SocGen Research Team at Societe Generale, suggests that after testing key levels 1.06/1.05 last year, EUR/USD is undergoing broad consolidation. Key Quotes “After forming spinning top at important hurdle of 1.1460, EUR/USD is undergoing a retracement...
USD/JPY: Indicators Turning Lower, Bearish Risk - FXStreet Valeria Bednarik, chief analyst at FXStreet noted the technicals surrounding USD/JPY...
Asian Stocks Extend Gains, China Bucks the Trend The sentiment on the Asian markets remain mixed this Wednesday, with the Chinese stocks extending losses, while rest of Asia gains further and rises to fresh four-month highs...
Asian Markets Open Mix, Gold Remains Supported Above $1250 All the major Asian indices are trading on a mix note on Wednesday. On the other side, Gold remains supported above $1250 marks and trading around $1254...
ASX200 Trades Well Above 5200, Targets 5280/5330 Major resistance - 5215 (55 W EMA) ASX200 has broken major resistance 5215 and jumped till 5241 at the time of writing. It is currently trading at 5210. Short term trend is lightly bullish as long as support 5150 holds...