Roberto Jacobs / Blog
Russian Bonds Rally on Strong Oil Prices The Russian 10-year bonds jumped on Wednesday, following strong cues emerging from crude oil prices, pushing the yield on 10-year bonds down 5 bps...
GBP/JPY Drops to Six-Week Low GBP/JPY pair clocked a six-week low of 155.50 on Brexit fears and BOJ’s hesitation to intervene despite Yen’s winning streak. Trades below 50% Fibo The cross remains below 156.36 (50% of 2011 low-2015 high...
Technical Analysis of USD/CAD for April 6, 2016 General overview for 04/04/2016: Another higher high has been made in this market as bulls are making their way towards the important technical resistance at the level of 1.3292...
Technical Analysis of EUR/JPY for April 6, 2016 General overview for 06/04/2016: The most appropriate way to count the current wave progression is a triple zig-zag correction as the wave 2...
USD/JPY Finds Support Near 110.25, Re-Takes 110.50 The USD/JPY pair continues to move back and forth in a 25-pips narrow range so far this Wednesday, as JPY bulls continue the fight for control heading towards the FOMC minutes release...
Technical Analysis of USDX for April 6, 2016 The Dollar index continued its sideways movement with no clear direction. The trend remains bearish. Dollar bears should better wait for a bounce before selling right away. Dollar bulls should be patient as the short-term trend remains bearish...
AUD/USD Trims Gains, Returns to 0.7550 The Aussie dollar has faded its initial spike to session highs near 0.7570 vs. the greenback, with AUD/USD now re-testing the 0.7550/45 band...
FXWIREPRO: EUR/SEK Hovers Around 9.25, Good to Sell on Rallies EUR/SEK is currently trading around 9.2502 levels. It made intraday high at 9.2560 and low at 9.2371 levels. Pair fails to break key resistance at 9.2718 and supported below 9.2500 marks. Intraday bias remains bearish for the moment...
FXWIREPRO: Gold Forms Bearish Bat Pattern, Good to Sell on Rallies Harmonic Pattern Formed – Bearish Bat Pattern Potential Reversal Zone (PRZ) - $1240 The yellow metal has recovered till $1236.60 after making a low of $1214.84...