Roberto Jacobs / Blog
AUD/USD Door Open for Further Downside – Commerzbank Karen Jones, Head of FICC Technical Analysis at Commerzbank, noted the relevance of the key support at 0.7477. Key Quotes “AUD/USD held sideways and has started to erode the accelerated uptrend at...
AUD/JPY Attacks 83 Handle, at Fresh Monthly Lows The AUD/JPY cross extends its bearish run into a fourth day this Tuesday, with the bears relentless on the back of persistent risk-off market profile. AUD/JPY tests 83.00 The AUD/JPY pair now drops -1.80% to 83...
US Dollar keeps Highs Near 94.80 The greenback, tracked by the US Dollar Index, has recovered the smile on Tuesday and is managing well to keep the trade in the upper end of the range near 94.80...
EUR/USD Trims Daily Losses after US Trade Data EUR/USD edged slightly higher and continued to move off daily lows following the release of disappointing US trade data. US trade deficit widened in February by 2.6% to a 6-month high of 47.06 billion, from 45...
GBP/USD Tests 50% Fibo Support Cable managed to cut through bids around 1.42 and fell to 1.4175 (50% of 1.3835-1.4515) levels as traders continue to ignore slight improvement in the UK services PMI report...
Can WTI End Its Biggest Consecutive Daily Decline Since 2009? North American benchmark, West Texas Intermediate (WTI) is up today and trying to end its biggest consecutive daily decline since 2009...
FXWIREPRO: Kiwis Dairy Industry Likely to Struggle General business sentiment in New Zealand dropped from +13% in December to -1% in March...
CAD/JPY Breaks Major Support 84, Decline Till 82 Is Possible Major resistance – 85.20 (7 W EMA) Major support - 84 The pair has broken major support 84 and declined till 83.85 .It is currently trading around 84.01. Short term trend is bearish as long as resistance 85.20 holds. The break of 85...
NZD/USD: The Pair went Below the Level of 0.6860 Due to last week’s statement made by Janet Yellen about the plan of the gradual increase in the interest rate in the USA, the USD fell all over the market...