Roberto Jacobs / Profil

USD/JPY Rebounds from Monthly Lows, Regains 107 Having bottomed out near 106.40 region in the opening trades, the USD/JPY pair attempts recovery and now regains 107 handle, tracking a broad based US dollar bounce after poor NFP data led massive slide...

Asian Markets Mix, Gold Hits Fresh 2-Week High in Early Hours All the major Asian stock markets are trading on a mix note on the start of a new week. Important to note here that, major stocks and Forex markets are highly affected by the U.S. job results released on last Friday. U...

FxWirePro: USD/KRW Rejects 1194 Mark, Intraday Bias Remains Neutral USD/KRW is currently trading around 1167 levels. It made intraday high at 1169 and low at 1164 marks. Intraday bias remains neutral for the moment...

FxWirePro: ASX200 Faces Strong Support at 5270, Good to Buy at Dips Major resistance - 5350 Major Support - 5270 ASX200 has recovered till 5359 after making a low of 5283 at the time of writing. It is currently trading at 5359. Short term trend is slightly bullish as long as support 5270 holds...

FxWirePro: Nikkei225 Tumbles on Weaker US Jobs Data, Good to Sell on Rallies Major support - 16,250 ( 50% retracement of 1770 and 14770) Nikkei Index has has broken minor support 16410 and declined till 16252 on Friday due to weaker than expected US Non-farm payroll. It is currently around 16432...

FxWirePro: Kiwi Hovers Around Fresh 7-Month High Against Aussie, Australia's MI Inflation Falls in May AUD/NZD is trading around 1.0573 marks. Pair made intraday high at 1.0605 and low at 1.0562 marks. Intraday bias remains bearish till the time pair holds immediate resistance at 1.0647 marks...

EURUSD Daily Forecast: June 06 2016 EURUSD Forecast The EURUSD had a strong bullish momentum last week, topped at 1.1373 after bounced off the lower line of the bullish channel as you can see on my daily chart below. The bias is bullish in nearest term testing 1.1470 region...

GBPUSD Daily Forecast: June 06 2016 GBPUSD Forecast The GBPUSD was indecisive last week. As you can see on my daily chart below price is moving sideways between 1.4700 – 1.4350 and we need a clear break from that range area to see clearer direction. The bias is neutral in nearest term...

USDJPY Daily Forecast: June 06 2016 USDJPY Forecast The USDJPY had a strong bearish momentum last week bottomed at 106.51. The bias is bearish in nearest term testing 106.00 – 105.50 which is a good place to buy with a tight stop loss. Immediate resistance is seen around 107.70...

USDCHF Daily Forecast: June 06 2016 USDCHF Forecast The USDCHF had a bearish momentum last week fell below 0.9795 key support as you can see on my daily chart below. The bias is bearish in nearest term testing 0.9670. Immediate resistance is seen around 0.9795...

FX Market in Need of Conviction - Commerzbank Obviously, the currency market is still not convinced of a Fed rate hike in summer, especially after today’s disappointing US nonfarm payrolls...

Fed's Brainard: Appropriate to Wait for a Rate Hike Until Developments Provide Greater Confidence Fed's Governor Lael Brainard said that she wants to see more data before a rate hike and that she still sees slack in the labour market...

US May NFP: Not a Signal of Underlying Weakening - Lloyds Bank According to analysts from Lloyds Bank the market possibly overreacted to the US employment report. They expect labor market weakness to be temporary but point out that today’s numbers will give FOMC staff a pause to think...

Flash Comment US: No Summer Hike - Danske Bank There was almost nothing good in the US jobs reports for May - and remember the jobs report for April was not strong either. Employment rose only by 38,000, the lowest since 2010 (dragged down 35,000, however, by a Verizon strike...

Weekly Focus: Weak US Job Report Should Keep Fed Off the Trigger Market movers ahead The focus continues to be on whether the Fed is about to hike this summer. Today's job report makes it in our view unlikely that the Fed will hike over the coming months...

EUR/USD Forecast: U-Turn in Sentiment Points to 1.1460 and Beyond Well, well, who would have thought it? The EUR/USD pair is back above 1.1300 and with scope to keep rallying next week, up to the major 1...

NZD/USD Reaches 1-Month Highs NZD/USD rose sharply and scored fresh 1-month highs during the New York session, as the last gauge of US economy health before Fed’s meeting, the nonfarm payrolls, came in much weaker than expected, weighing on the greenback...

USD/JPY Inter-Markets: 105.00 Back on Track? USD/JPY sunk nearly 2% following today’s horrible results from US Non-farm Payrolls, where the economy has added only 38K jobs in May vs. 164K initially forecasted, the worst job creation since September 2010...