Roberto Jacobs / Blog
FXWIREPRO: Nikkei225 Faces Major Resistance Around 17000, Good to Buy at Dips Major resistance - 17000 The index has slightly recovered after making a low of 16569. It is currently trading around 16664.Short term trend is bullish as long as support 16500 holds...
Long USD Positions Reduced Sharply - ANZ Irene Cheung, Senior FX Strategist at ANZ, lists down the CFTC speculative positioning for the week ending 15 March 2016. Key Quotes • “Leveraged funds reduced their net long USD positions sharply by USD6.2bn to USD7.5bn for the week ended 15 March...
EUR/USD: Techs Hint Potential Bullish Continuation - FXStreet EUR/USD has managed to find buying interest off 1.1250 session lows, with the price setting highs of 1.1280/85, as risk sentiment is moderately worse, an environment that has underpinned the Euro as part of its funding currency profile...
AUD/NZD Making Higher Highs in the Recovery AUD/NZD has hunted down the 1hr 100 sma at 1.1226, but has since settled back on the 200 sma on the same time frame at 1.1199. AUD/NZD is in a recovery drift and hence that price action, working its way up in a grind from recent lows at 1...
NZD/USD: Three-Month Outlook - Westpac Imre Speizer, analyst at Westpac explained that the Federal Reserve downgraded its interest rate projections last week, hurting the US dollar and thus boosting NZD/USD and offered a three-month outlook. Key Quotes: "We expect NZD/USD to fall towards 0...
USD/JPY: Headed to 106.63 on Break of 111.00? USD/JPY has been a downside play in Tokyo below the half way point of the 111.0 handle and diverging away from the 20 1hr sma at 111.43 at the start of this week's session in Asia...
China A50 Futures Flat ahead of Shanghai China futures (A50 FTSE - benchmark for investors to access the China domestic market through A Shares – ) is trading flat following the positive close in Wall Street last Friday, and ahead of the Shanghai Composite, due to open at 1.30GMT...
USD/CNY Fix Model: Projection at 6.4810 - Nomura Nomura's model projects the PBOC fix to be higher by 182 pips from the previous fix (6.4810 from 6.4628) and higher by 83 pips from the previous spot USD/CNY official close 6.4727...
USD, JPY Net Longs Fall, GBP Shorts Cut - Nomura As Nomura notes, according to the IMM data for the week ended March 15, non-commercial accounts sold USD to the tune of -$1.7bn, bringing positioning in USD to $9.5bn...