Roberto Jacobs / Blog
FXWIREPRO: AUD/JPY Trend Analysis - Encourage Intraday Bulls, Short Term Speculators and Long Term Bears to Prolong Please be noted that we were bearish bias and accordingly we suggested shorts in this pair. Refer below link for further readings on our earlier post on this pair: http://www...
FXWIREPRO: USD/ZAR Remains supported Just Above 14.64, a Break Below Targets 14.26 USD/ZAR Pair is currently trading at 14.70 marks. It made intraday high at 14.75 and low at 14.68 levels. Intraday bias remains neutral till the time pair holds key support level at 14.64 levels...
Technical Analysis of EUR/USD for April 12, 2016 When the European market opens, some economic news will be released such as the German WPI m/m, German Final CPI m/m. The US will release economic data too such as the Federal Budget Balance, Import Prices m/m, NFIB Small Business Index...
Technical Analysis of USD/JPY for April 12, 2016 In Asia, Japan will release the Prelim Machine Tool Orders y/y, Bank Lending y/y and the US will release some economic data such as the Federal Budget Balance, Import Prices m/m, NFIB Small Business Index...
ECB’s Villeroy: Low Interest Rates are Consistent with Mandate Speaking on Radio Classique, ECB governing council member and Bank of France governor Villeroy said that Europe needs a finance minister in place, besides commenting on the inflation outlook...
EUR/GBP Flirting with 0.8000, UK Data Eyed EUR/GBP is looking to stabilize in the 0.8000 area following yesterday’s sharp pullback from the 0.8100 neighbourhood...
Australian Business Confidence Surges – Deutsche Bank David Plank, Macro strategist at Deutsche Bank, notes that in Australia the NAB business survey reported a rise in confidence and conditions. Key Quotes “Business conditions rose to 12, the highest level since the global financial crisis...
EUR/JPY Extends Recovery Above 123.50 as Yen Retreats The European currency reverses a part of yesterday’s losses against its Japanese counterpart in early Europe, driving EUR/JPY above 123.50 levels. EUR/JPY rises above 5-DMA at 123.31 The EUR/JPY pair advances 0...
Daily Analysis of Major Pairs for April 12, 2016 EUR/USD: There is still a sideways movement here. This pair also had a flat movement last week, for the price was unable to close above the resistance line at 1.1450 in spite of forays into it (the resistance line at 1...