Roberto Jacobs / Blog
NZD/USD Tracks Aussie Higher Amid Improved Risk Sentiment The bid tone around the NZD/USD keeps growing bigger during the mid-Asian trades, mainly driven by improved risk conditions and renewed buying in its OZ neighbour AUD. NZD/USD heads towards 100-DMA at 0...
USDCHF Daily Forecast: May 31 2016 USDCHF Forecast The USDCHF was indecisive yesterday. The bias is neutral in nearest term but overall price is still in a bullish phase targeting 1.0000 region. Immediate support is seen around 0.9885...
Intra-Day Market Moving News and Views (USD/JPY) 31 May 2016 01:23GMT USD/JPY - ...... Although the greenback rose to session high at 111.45 in early European morning, price retreated to 111.03 and continued to trade in a narrow range in holiday-thinned conditions as UK and US markets were closed...
China Stocks Drive Asia Higher, ASX Bucks the Trend The stocks on the Asian indices caught a renewed bid-wave and jumped higher, mainly driven by a sudden rise witnessed in the Chinese equities...
S&P: Apartment Supply Boom a 'Growing Concern' for Australia In its latest review on Australia, the US rating agency, Standard and Poor’s (S&P) highlighted oversupply of apartments and settlement risks as the growing concerns within the economy...
Nikkei225 Trades Well Above 17000, Jump Till 17500 Is Possible Major resistance - 17170 (trend line joining 19990 and 17745 ) Major support - 16650 (55 day EMA) Nikkei index is trading well above psychological resistance 17000 and closed at 17057 yesterday. It is currently trading around 17142...
FxWirePro: USD/SGD Fails to Sustain Above Key Resistance at 1.3823, Good to Sell on Rallies USD/SGD is currently trading around 1.3785 marks. It made intraday high at 1.3816 and low at 1.3783 levels. Intraday bias remains bearish till the time pair holds key resistance at 1.3823 levels...
Gold Inches Closer Towards Key Resistance, US Data in Focus Gold staged a solid comeback from three-month lows in the previous session and now builds onto the recovery towards 100-DMA & 5-DMA confluence located around 1217.50 region...
EURUSD Looks a Good Sell Back Towards 1.1160 With the long weekend the markets have had extra time for a short squeeze back towards resistance at 1.1160. Now there’s been change in sentiment whatsoever so I think this last part of the rally is simply a short squeeze...