Roberto Jacobs / Perfil

FXWIREPRO: GBP/JPY Breaks Minor Trend Line Resistance, Good to Buy at Dips Major resistance- 160.30 (trend line joining 175.01 and 164.09) Major support- 159 The pair has broken major resistance 160.30 and jumped till 160.63 at the time of writing. It is currently trading at 160.62...

FXWIREPRO: AUD/JPY Extends Gains Above 85 Handle, Short-Term Bias Remains Higher AUD/JPY extends rangebound between 84.00 and 86.38 March 13th high, while short-term bias remians bullish...

GBP/USD Clinches Highs Near 1.4180 The sterling has started the week on a positive footing, now lifting GBP/USD to the area of daily highs near 1.4180...

US Economy on a Path of Recovery – BNZ Research Team at BNZ, suggests that after a soft end to 2015, US activity indicators have stabilised or shown improvement...

Springtime in Emerging Markets – Danske Bank Research Team at Danske Bank, suggests that one of the most striking features so far of 2016 has been the relative strength of Emerging Market (EM) currencies which has happened over a period when other risky assets generally plummeted...

EUR/GBP Drops Below 0.79, Turns Red EUR/GBP is trading weak around 0.7880 as British Pound is marching higher against the greenback amid holiday thinned trade. GBP recovery continues Cable is up 0.24% today even though the upward revision of the US Q4 GDP pushed up treasury yields...

GBP/JPY Clocks 4-Day High Offered tone around JPY strengthened, pushing the GBP/JPY pair to a four-day high of 160.77 levels. Treasury yields rise, Yen drops Rise in the US treasury yields following an upwardly revised US Q4 GDP released on Friday is keeping the Yen under pressure...

EUR/USD Wobbles Near 1.1170, US Data Eyed The common currency is looking to extend the rebound from overnight troughs vs. the dollar, now sending EUR/USD to the 1.1165/70 band...

China’s Pension Fund May Start Buying Stocks This Year- China Daily The state-run China Daily reported via CNBC this Monday that China's massive pension fund is mulling over investment plans in the mainland's A-shares this year, a move which could see 600 billion Chinese yuan ($92...

AUD/JPY Firmer, Heading Towards 200-DMA? The AUD/JPY cross received a double booster shot on Easter Monday, with light trading adding to the bullish under tone, driving the rate towards 85.50. AUD/JPY gains for the 3rd straight session Currently, the AUD/JPY pair rises 0.64% to 85...

US Treasury Yields Rise on Upward Revision of US Q4 GDP Treasury prices in the US dropped, pushing the yields higher after the data released on Friday revised Q4 GDP higher, largely in the back of strong personal consumption...

US: PCE Deflator and Personal Income and Spending Data Today - Nomura Research Team at Nomura, notes that the US employment grew at a faster pace in February than in January but the average hourly earnings retreated in February, falling by 0.1...

EUR/USD Holds Ground Above 1.1150 Amid USD Strength The EUR bears took a breather from their recent downslide, now allowing a tepid bounce in EUR/USD from near 1.1150 levels. EUR/USD finds support near 20-DMA Currently, EUR/USD trades modestly flat at 1.1162, trying hard to sustain above 1...

USD/JPY Extends Winning-Streak for 8th Straight Session The bullish tone behind the US dollar keeps growing bigger as we step into the key week this Monday, driving USD/JPY further towards 114 handle...

Japanese PM Abe Plans New Stimulus: Nikkei Japan’s daily, the Nikkei reported over the weekend that the Japanese PM Shinzo plans to announce a package of new spending measures on Tuesday to boost the economy...

Nikkei Leads Asian Stocks Higher on Easter Monday The Japanese and the Chinese stock markets kicked-off the week on a stronger footing amid thin trading as most Asian markets remain closed in observance of Easter Monday...

Gold Hits Fresh Monthly Lows on Rising Fed Hike Bets Gold futures on Comex reversed a brief relief rally and resumed the recent downward trajectory as the US dollar continued to remain on a firm footing in a quiet Asian session. Gold drops to test $ 1210 Currently, gold sinks -0.89% to 1212...

CFTC Positioning: Yen Longs Maintained - ANZ Analysts at ANZ explained the positioning data for the week ending 22 March 2016. Key Quotes: "Despite the dovish FOMC statement on 16 March which sent the USD sharply lower, leveraged funds did not reduce their net long USD positions...

FXWIREPRO: Nikkei225 Faces Strong Resistance Around 17300, Good to Buy at Dips Major resistance - 17300 The index has recovered after making a low of 16711.It is currently trading around 17111.Short term trend is bullish as long as support 16500 holds...

FXWIREPRO: AUD/NZD Remains Supported Above 1.12, Good to Buy on Dips AUD/NZD is trading around 1.1240 marks. Pair made intraday high at 1.1245 and low at 1.1214 marks. Intraday bias remains bullish till the time pair holds key support at 1.1197 levels. A daily close below 1...