Roberto Jacobs / Blog
USD/JPY: 109 Tested as Nikkei Hits Fresh Session Highs The offered tone around the JPY keeps growing bigger as we progress towards the European open, mainly driven by improving risk sentiment as the Japanese stocks extend the rally. USD/JPY: Will buyers take control above 109...
GBP/USD Drops Below 50-DMA GBP/USD is back below 50-DMA level of 1.4250 in early Europe despite China led risk-on in the financial markets. Trades below key Fibo At 1.42478, the spot is also trading below 1.4252 (50% of 1.4669-1.3835) levels...
BoC and US Retail Sales Amongst Market Movers for Today – Danske Bank Research Team at Danske Bank, suggests that in the US we get data on retail sales in March, which we expect to show control group sales increased by 0.3% m/m...
FXWIREPRO: NZD/CAD Forms Bullish Bat , Good to Buy at Dips Harmonic Pattern Formed – Bullish Bat pattern Potential Reversal Zone (PRZ) – 0.8750 The pair has recovered after making a low of 0.88140. It is currently trading around 0.8855. Intraday trend is slightly bullish as long as support 0...
FXWIREPRO: AUD/JPY Extends Gains Above 10-Dma at 83.50, Stay Long Our previous call (http://www.econotimes.com/FxWirePro-AUD-JPY-bounces-off-strong-trendline-support-at-8075-good-to-buy-dips-192968) has hit all targets...
Gold Drops as China Data Triggers Risk-On Gold prices fell as rise in China’s exports figure triggered a wave of risk-on buying in the Asian equity markets. Nears hourly 100-MA Prices plunged to near hourly 100-MA level of $1246 levels before trimming losses to trade around $1250/barrel levels...
EUR/JPY Firmer, Closer to 124.00 The offered tone around the Japanese Yen is bolstering the ongoing upside in EUR/JPY, currently hovering over 123.80...
FXWIREPRO: AUD/USD Spikes Above 0.77 Handle on Upbeat Chinese Exports Data, Momentum Bullish Aussies bulls received fresh impetus from stronger than expected Chinese trade data...
FXWIREPRO: Go Long in USD/SGD Around 1.3450, Stop Loss 1.3423 and Target 1.3492 USD/SGD is currently trading around 1.3450 marks. It made intraday high at 1.3469 and low at 1.3428 levels. Intraday bias remains bullish till the time pair holds initial support at 1.3423 levels...