Roberto Jacobs / Blog
GBP Move: Speculation Wrong Big Figure Entered On an Order All market participants are scrathig their heads on the GBP move just seen, with some market sources noting that they heard wrong big figure entered on an order...
Guide to Today's Important Data and Events Quite a handful of economic dockets scheduled for today and some with high risks associated. Upcoming – Australia – Reserve Bank of Australia (RBA) will announce policy decision at 4:30 GMT...
AUD/USD Flat-Lined around 0.7370 ahead of RBA The AUD/USD pair trades directionless in a tight range in the mid-Asian session, as the trades remain wary heading into the RBA policy decision due shortly. AUD/USD hovers below 100-DMA at 0.7398 Currently, the AUD/USD pair trades modestly flat at 0...
Commodity Shares Rally Drives Asia Higher, China Bucks Trend The stocks on the Asian bourses attempt a tepid-bounce so far this session, as the sentiment remains buoyed by a renewed rally in the commodity shares after markets cheered the news that the commodities’ prices rose by more than 20% sin...
USD/JPY Catches Fresh Bid, Looks to Test 108 Handle The USD/JPY pair caught a sudden bid-wave and took-out Monday’s high, now rallying towards 108 handle as the bulls gathered pace for the next push higher. USD/JPY eyes hourly 100-SMA at 108...
Gold Capped by 50-DMA in Asia, Awaits Fresh Impetus Gold failed to sustain gains and turned into the negative territory over the last hour, as the risk environment improved further amid extended rebound seen in the Asian equities. Gold heads towards $ 1240 mark Currently, gold now trades -0...
FxWirePro: USD/JPY Remains Well Supported Above 107.00 Mark, Faces Strong Resistance at 107.82 USD/JPY is currently trading around 107.76 marks. It made intraday high at 107.82 and low at 107.22 levels. Intraday bias remains neutral till the time pair holds key resistance at 107.82 marks...
EURUSD Daily Forecast: June 07 2016 EURUSD Forecast The EURUSD was indecisive yesterday. The bias remains bullish in nearest term testing 1.1470. Immediate support remains around 1.1285...
GBPUSD Daily Forecast: June 07 2016 GBPUSD Forecast The GBPUSD attempted to push lower yesterday bottomed at 1.4351 but closed higher at 1.4438. The bias is neutral in nearest term probably with a little bullish bias testing 1.4520/50 region. Immediate support is seen around 1.4400 followed by 1...