Roberto Jacobs / Profilo

EUR/JPY Takes-Out Thursday’s High, What Next? The EUR/JPY cross is currently consolidating the upside as we head into the mid-European session, receiving double booster shot from strong gains seen in both the EUR/USD and USD/JPY. EUR/JPY: 124 handle now inevitable The EUR/JPY pair now advances +0...

GBP/USD Drops to Lows Around 1.4550 The Sterling is not smiling anymore, at least not today, as GBP/USD has now dipped to session lows in the mid-1.4500s...

European Bonds Mixed in Quiet Trade The European bonds trade mixed on Friday as investors receives no more important data or events for the direction on the last day. On the contrary, future course in bond prices are likely to be ruled by the movements in the crude oil market...

German Bunds Flat in Thin Trade The German bunds traded flat on Friday, succumbing to thin trading activity as market receives no more important data or events on the last day. On the contrary, future course in bond prices are likely to be ruled by the movements in the crude oil market...

Bank of Canada Likely to Remain Dovish, CAD to Remain at Low Levels for Time Being Canada is due to release its inflation report for April today, followed by the central bank’s decision next week. The Bank of Canada is quite calm as the inflation of 1...

BTC/USD Faces Strong Support at $435, Break Below Targets $400 Major resistance -$470 (Apr 26th 2016) Major support - $435 BTC/USD has once again slightly recovered after making a low of $435. It is currently trading around $442. The pair should break below $435 for further weakness...

FxWirePro: EUR/GBP Slips Below 38.2% Fib, Momentum Bearish Given higher odds of a "Remain" outcome in the EU Referendum (of 77%), GBP to remain buoyed near-term. Very strong retail sales data for April for the UK released on Thursday also to support the Pound...

Canada: Setting Up for Retail Sales (March) and CPI (April) – TDS Research Team at TDS, suggests that Canada’s retail sales will complete the full swath of activity data for Q1 following the release of manufacturing and wholesale sales earlier this week. Key Quotes “With Q1 GDP tracking at 2...

UK: Consumer Quite Active ahead of Brexit - ANZ Research Team at ANZ, notes that the UK witnessed a very strong retail sales data for April as the headline sales rose 1.3% m/m and March's fall was revised significantly to -0.5% vs -1.3...

RBA’s John: No Quick Fix to Lift Inflation - TDS Research Team at TDS, notes that there was no data out today, but snippets of a Dow Jones interview with RBA Board Member John Edwards got some airplay...

EUR/USD Stuck in Tight Range Near 1.1200 The EUR/USD pair traded around a flat-line almost through the Asian session, and now flirts with 1.12 handle as we head towards early Europe. EUR/USD finds support above 100-DMA at 1.1175 Currently, EUR/USD trades dead flat at 1...

FxWirePro: USD/INR Hovers Around Key Support at 67.35, Intraday Bias Remains Neutral USD/INR is currently trading around 67.34. It made intraday high at 67.50 and low at 67.3250 marks. Intraday bias remains neutral till the time pair holds key support at 67.12 marks. A daily close above 67...

FxWirePro: AUD/USD Consolidates Above 61.8% Fib, Weakness to Resume on Close Below AUD/USD failed to close below 61.8% Fib of Jan to Apr rally (0.7212) on Thursday. The pair is now consolidating above the 61.8% Fib level and weakness to resume only on close below...

FxWirePro: NZD/USD Takes 100-DMA Support, Edges Higher from Fresh 2-Month Lows NZD/USD is recovering from new 2-month lows hit on Thursday after taking support by 100-DMA (currently at 0.6717...

Asian Markets Turn Higher, Gold Stable Above $1250 Major Asian indices are trading on a higher note on the quiet session of Friday. USD/JPY remains supported around 110.00 marks while Gold fails to break key support at $1242 and currently trading around $1255 marks...

FxWirePro: USD/JPY at a Near-Term Top, Upside Stalls at 110.38 Highs USD/JPY trades a narrow 22 pip range in the Asian session. Pair is likely approaching a near-term top. USD/JPY pair declined from highs near 110...

FxWirePro: ASX200 Faces Strong Support at 21 Day MA, Good to Buy at Dips Major resistance - 5400 Major Support - 5293 (21 day MA) ASX200 has taken support near 21 day MA and slightly jumped till 5360 at the time of writing. It is currently trading at 5355...

FxWirePro: Nikkei225 Faces Strong Support at 200 Day 4H MA, Good to Buy at Dips Major resistance - 16985 (11 May High) Major support - 16450 (200 day 4H MA) Nikkei index has slightly recovered after making a low of 16690. It is currently trading around 16690...

FxWirePro: USD/KRW Moving in a Tight Range, a Break of Either Side Provides Further Direction USD/KRW is currently trading around 1189 levels. It made intraday high at 1189 and low at 1186 levels. Intraday bias remains neutral for the moment...

FxWirePro: AUD/NZD Falls Below Key Support at 1.0705, Intraday Bias Remains Bearish AUD/NZD is trading around 1.0681 marks. Pair made intraday high at 1.0722 and low at 1.0679 marks. Intraday bias remains bearish for the moment. A daily close below 1.0700 will take the parity down towards 1...