Roberto Jacobs / Blog

USD/JPY wipes-out Gains in Tandem with Nikkei, 110 Eyed? A sudden selling interest gripped the USD/JPY pair towards the late-Asian session, as the yen regained lost footing somewhat as the Japanese stocks fell back in the red...

FXWIREPRO: South Korean Won Fails to Sustain Above 1160, Intraday Bias Remains Bearish USD/KRW is currently trading around 1154 levels. It made intraday high at 1160 and low at 1153 levels. Intraday bias remains bearish for the moment...

FXWIREPRO: AUD/USD Edges Higher on Upbeat China Services PMI Data, Good to Buy Dips AUD/USD rebounds from session lows at 0.7510 following the release of the Chinese services PMI report. Data showed that China services sector activity expanded from 51.2 in Feb to 52...

Asian Markets Trading on a Mix Note, Gold Hovers Around $1230 All the major Asian markets are trading on a mix note on Wednesday after two Central banks declared their interest rate decision on Tuesday. RBA decided to keep the cash rate on hold at a record-low 2...

FXWIREPRO: ASX200 Faces Strong Support at 4850, Good to Buy at Dips Major resistance - 4960 (Support turned into resistance) Major support 4850 ASX200 has recovered after making a low of 4890 level. It is currently trading at 4954...

FXWIREPRO: Gold Back Below $1230, Good to Buy on Dips XAU/USD is currently trading around $1228 mark. It made intraday high at $1230 and low at $1228 levels. Intraday bias remains bullish till the time pair holds key support at $1222 marks...

FXWIREPRO: Nikkei225 Faces Strong Support Around 15500, Good to Buy at Dips Major Support - 15500 The index has made a low of 15533 and started to recover from that level. It is currently trading around 15812.Intra day trend is slighty bullish as long as support 15500 holds...

FXWIREPRO: Japanese Yen Erases Previous Gain Against US Dollar,Intraday Bias Remains Neutral USD/JPY is currently trading around 110.48 marks. It made intraday high at 110.56 and low at 110.23 levels. Intraday bias remains neutral for the moment. Pair slips below 110...

FXWIREPRO: AUD/NZD Remains Supported Above 1.1062, Good to Buy on Dips AUD/NZD is trading around 1.1097 marks. Pair made intraday high at 1.1099 and low at 1.1075 marks...

Australia: Going with the Flow - ING James Knightley, Senior Economist at ING, notes that the Reserve Bank of Australia (RBA) left policy unchanged, but suggested they continue to have room to act should inflation soften, citing currency strength as a key issue...