Roberto Jacobs / Blog
FXWIREPRO: AUD/CAD Extends Range Trade, Capped Below Strong Trendline Resistance at 1.0002 AUD/CAD was rejected by strong trendline resistance at 1.0008. The pair is currently trading around 0.9957 levels after hitting session highs at 0.9976...
Gold Ignores Fed Rate Hike Talk, Stays on Front Foot Risk-off in Asia and the resulting safe haven demand overshadowed hawkish talk from Fed officials and kept Gold well bid heading into Europe...
USD/JPY Slumps to Fresh 2016 Lows at 110.60 The USD/JPY pair keeps falling in the early European trades, and now breaches the yearly lows reached at 110.65 last month...
Japanese Long-Term Bonds fall on Strong Labour Cash Earnings Report The Japanese long-term bonds slumped on Tuesday after strong labor cash earnings report, which reduces the probability of further BOJ easing in the near term...
FXWIREPRO: AUD/USD Fades RBA Induced Spike, Slips Below 0.76 Handle AUD/USD saw a 40-pips knee-jerk spike on RBA’s status-quo, hitting session highs at 0.7630. But bears quickly drag the pair lower. The major below 0.76 handle again, currently trading at 0.7589...
FXWIREPRO: USD/JPY Breaks Out Demand Zone at 111, Oscillators Lead Bearish Swings - Stay Short on Rallies Break-out below major supports at 111 levels (lower BB, Avrg. of recent lows) signals more scope for downside to targets upto 109.698 or 108.029 levels...
USD/JPY Initial Test Comes at 109.90 – Commerzbank Karen Jones, Head of FICC Technical Analysis at Commerzbank, sees spot facing support around 109.90. Key Quotes “USD/JPY remained under pressure and is heading to the 110.67 recent low – there is scope for the 109...
EUR/USD Drops Further to 1.1380 on German Data, PMIs Eyed The EUR/USD pair is seen extending its retreat from ahead of 1.14 barrier into early Europe, and now hovers near session lows, awaiting fresh incentives from the EMU data releases. EUR/USD remains below 1.1400 Currently, EUR/USD trades -0...
GBP/USD Rejected at 50-DMA, Drops Below Hourly 200-MA GBP/USD was rejected at 50-DMA level of 1.4278 in Asia following bears strengthened their hold and pushed it below 1-hr 200-MA located at 1.4254 levels. Trades below hourly 50-MA The spot also sits below its hourly 50-MA level of 1.4249...