Roberto Jacobs / Blog
FxWirePro: NZD/JPY Intraday Sentiments Bullish and Wise to Catch Rallies for Shorts on Delivery Basis Jump 21DMA may drag rallies upto 76.951 but don't have open longs for long term basis. From yesterday, the pair rallied continuously from 74.141 to 76.449 levels...
GBP/JPY Breaks Major Resistance 155.80, Targets 158.20/158.80 Major Resistance – 155.80 The pair has broken major resistance 155.80 and jumped till 156.19. It is currently trading around 156.01. Intraday trend is slightly as long as support 154.95 (7 day EMA) holds. Any violation below 154...
China: Spreading the Industrial Restructuring Pain - ING Tim Condon, Chief Economist at ING, suggests that as the risk-on prevails and following their re-pricing in 2015 for a China hard landing, the repricing of financial assets in 2016 for something softer can proceed...
German ZEW Preview: What to Expect of EUR/USD? The EUR/USD pair remains strongly bid above 1.13 handle in the European morning, although eased-off highs following a positive start on the European indices. The major finally broke above 1...
Oil Dips in Asia on Oversupply Worries, API Report Eyed Oil benchmarks on both sides of Atlantic rebounded sharply from Doha disappointment induced sharp losses the day earlier, only to find run through fresh offers this Tuesday, as the supply glut worries resurface following failed Doha negotiat...
FxWirePro: US Oil Faces Strong Resistance at $40.40, Good to Sell on Rallies Major Resistance - $40.40 (200 day MA) The commodity has recovered after making a low of $37.56. It is currently trading around $39.83. Short term trend is weak as long as resistance $40.40 holds...
FxWirePro: EUR/JPY Holds Upside ahead of Crucial German ZEW Data, Bias Higher EUR/JPY bounced off from fresh 3-year lows at 121.71 on Monday and is holding gains above the 123 handle. Markets await the crucial Germany ZEW Economic Sentiment data due ahead in the European session...
FxWirePro: NZD/CAD Faces Strong Support at 0.8850, Good to Buy at Dips Major Resistance- 0.902 Major support – 0.8850 The pair has recovered after making a low of 0.88698. It is currently trading around 0.89404...
FxWirePro: EUR/SEK Fails to Break Key Support at 9.1501, Intraday Bias Remains Bullish EUR/SEK is currently trading around 9.1831 levels. It made intraday high at 9.1832 and low at 9.1625 levels. Intraday bias remains bullish for the moment. A daily close below 9...