Roberto Jacobs / Blog
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...
FxWirePro: USD/INR Hovers Around Key Resistance at 66.32, Intraday Bias Remains Neutral USD/INR is currently trading at 66.3075 marks. It made intraday high at 66.3250 and low at 66.26 levels. Intraday bias remains neutral for the moment. A daily close below 66...
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...