Roberto Jacobs / Blog
Daily Analysis of USDX for April 13, 2016 The Index is still trying to to consolidtate below the support zone of 93.95, but we can see that a strong demand territory is located around that price level...
Daily Analysis of GBP/USD for April 13, 2016 The pair has been trading into a bullish tone above the 200 SMA at H1 chart, after a rebound that was performed during the American session of yesterday. Currently, we can expect another breakout above the 1.4278 level, to re-test the 1...
FXWIREPRO: NZD/JPY Edges Lower from Session Highs at 75.70, Weakness Only Below 75.20 Our previous call (http://www.econotimes.com/FxWirePro-NZD-JPY-breaks-strong-trendline-resistance-at-7410-targets-75-192979) has hit all targets. NZD/JPY hit fresh weekly high of 75...
FXWIREPRO: Silver Hits Fresh 5-Month High at $16.19 But Fails to Sustain- Intraday Bias Remains Slightly Bearish XAG/USD is currently trading around $15.0160 marks. It made intraday high at $16.15 and low at $16.01 levels...
Mid-Week Data and Reversion to STEER™ Could Boost USD – BNPP Research Team at BNP Paribas, suggests that the USD’s recovery vs the EUR and JPY continued overnight and is taking support from a recovery of US front-end yields...
Little Chance of EUR/USD Falling Significantly - SocGen Kit Juckes, Research Analyst at Societe Generale, suggests that the Euro remains very range bound and it still by and large tracks the Bund/Treasury spread, albeit trading a little higher than that spread would imply at the moment...
NZD/USD Meets Fresh Supply, Attacks 0.6900 The NZD/USD pair brought an end to its 3-day rally and fell in the red zone in early Europe as bears took over charge amid the retreat in the oil prices. NZD/USD off 9-day highs Currently, the NZD/USD pair trades 0.26% lower at fresh session lows of 0...
FXWIREPRO: GBP/AUD to Tumble Further, Many Reasons to Hedge Downside Risks - Backspread Best Serves Hedging Objectives Inflation continues its global trend higher with UK and Sweden following the preliminary German and EU reads higher...
Without Improvement in Domestic Economy Nikkei to Act As One Big Exporter Nikkei drops, when Yen rises and rises when Yen drops, due to the popular notion in the market that weaker Yen makes Japanese exports more competitive in world market, hence that should be positive for Nikkei stocks...