Roberto Jacobs / Blog
USD/JPY Finally Takes Out Hourly 50-MA Hurdle USD/JPY is trading comfortably above hourly 50-MA, which repeatedly capped recovery in the pair since last week. Technical recovery gathers pace The spot now trades around 108.30 levels, which is well above the hourly 50-MA level of 108.18...
USD/CAD Finds Bids Above 1.2900 The greenback is now trading on a firmer note vs. its Canadian peer on Tuesday, taking USD/CAD back above the 1.2900 barrier...
FXWIREPRO: NZD/JPY Breaks Strong Trendline Resistance at 74.10, Targets 75 NZD/JPY has broken above strong trendline resistance at 74.10 and is currently trading around 74.50 levels. The pair is extending upside for the 3rd consecutive session after hitting fresh 8-month lows at 72...
Guide to Today's Important Data and Events Lots of economic dockets scheduled for today and some with high risk associated. Data released so far – Australia – National Australia Bank’s business confidence improved to 6 from 3, while business conditions improved to 12 compared to 8. Upcoming –...
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...