Roberto Jacobs / Blog
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...
USD/JPY Regains 111 Handle as Nikkei, Treasury Yields Extend Higher A renewed bout of buying interest gripped the USD/JPY pair in the last hour, now pushing the major back towards daily highs above 111 handle. USD/JPY: On its way to Monday’s high...
FxWirePro: South Korean Won Falls on the Back of Lower Than expected Industrial Production Data USD/KRW is currently trading around 1191 levels. It made intraday high at 1191 and low at 1187 levels. Intraday bias remains bullish till the time pair holds key support at 1177 marks...
GBP/JPY Spikes On Brexit Poll, Macro Level 163.00 Taken Out GBP/JPY has seen some huge buying flows ever since the open of trading in Tokyo, last trading at 163.30 after a topside resolution through 163...
AUD/USD Jumps Towards 200-DMA On Upbeat Aus Data Dump The Australian dollar caught a strong bid-wave following the release of a set of auspicious Australian macro data, which sent AUD/USD almost 40-pips higher beyond 0.72 handle. AUD/USD targets 200-DMA at 0...
GBP/USD On a Tear After Latest ORB Poll, Testing 1.47 Handle GBP/USD continues to trade on a heavy demand tone, testing the 1.47 handle after a NY close at 1...
USD/CAD Intermarket: Oil Fails to Boost Loonie USD/CAD is trading modestly higher on Monday but moved off session highs. Earlier it peaked at 1.3092 and currently it trades at 1.3050/55. The pair erased most of the gains as crude oil prices rose...