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GBP/USD: Hold on Tight - Rabobank Jane Foley, Research Analyst at Rabobank, suggests that the strength of the US economy and the wider implications for the EU of the UK’s membership referendum have wide ranging implications for global asset markets...
Analytics & Forecasts
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Roberto Jacobs, 7 June 2016, 07:12
GBP Move: Speculation Wrong Big Figure Entered On an Order All market participants are scrathig their heads on the GBP move just seen, with some market sources noting that they heard wrong big figure entered on an order...
Analytics & Forecasts
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Roberto Jacobs, 7 June 2016, 06:39
AUD/USD Flat-Lined around 0.7370 ahead of RBA The AUD/USD pair trades directionless in a tight range in the mid-Asian session, as the trades remain wary heading into the RBA policy decision due shortly. AUD/USD hovers below 100-DMA at 0.7398 Currently, the AUD/USD pair trades modestly flat at 0...
Analytics & Forecasts
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Roberto Jacobs, 7 June 2016, 06:26
USD/JPY Catches Fresh Bid, Looks to Test 108 Handle The USD/JPY pair caught a sudden bid-wave and took-out Monday’s high, now rallying towards 108 handle as the bulls gathered pace for the next push higher. USD/JPY eyes hourly 100-SMA at 108...
Analytics & Forecasts
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Roberto Jacobs, 7 June 2016, 06:18
Gold Capped by 50-DMA in Asia, Awaits Fresh Impetus Gold failed to sustain gains and turned into the negative territory over the last hour, as the risk environment improved further amid extended rebound seen in the Asian equities. Gold heads towards $ 1240 mark Currently, gold now trades -0...
Analytics & Forecasts
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Roberto Jacobs, 7 June 2016, 06:15 #gold
FxWirePro: USD/JPY Remains Well Supported Above 107.00 Mark, Faces Strong Resistance at 107.82 USD/JPY is currently trading around 107.76 marks. It made intraday high at 107.82 and low at 107.22 levels. Intraday bias remains neutral till the time pair holds key resistance at 107.82 marks...
Analytics & Forecasts
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Roberto Jacobs, 7 June 2016, 06:12
EURUSD Daily Forecast: June 07 2016 EURUSD Forecast The EURUSD was indecisive yesterday. The bias remains bullish in nearest term testing 1.1470. Immediate support remains around 1.1285...
Analytics & Forecasts
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Roberto Jacobs, 7 June 2016, 06:03
GBPUSD Daily Forecast: June 07 2016 GBPUSD Forecast The GBPUSD attempted to push lower yesterday bottomed at 1.4351 but closed higher at 1.4438. The bias is neutral in nearest term probably with a little bullish bias testing 1.4520/50 region. Immediate support is seen around 1.4400 followed by 1...
Analytics & Forecasts
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Roberto Jacobs, 7 June 2016, 06:01
USDJPY Daily Forecast: June 07 2016 USDJPY Forecast The USDJPY was corrected higher yesterday topped at 107.65. The bias is bullish in nearest term testing 107.70...
Analytics & Forecasts
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Roberto Jacobs, 7 June 2016, 05:59
USDCHF Daily Forecast: June 07 2016 USDCHF Forecast The USDCHF continued its bearish momentum yesterday bottomed at 0.9681. The bias remains bearish in nearest term especially if price able to make a clear break below 0.9670 targeting 0.9600 before targeting 0.9470 this week...
Analytics & Forecasts
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Roberto Jacobs, 7 June 2016, 05:58 #usdchf
FxWirePro: USD/SGD Hovers Around Key Support at 1.3554, Intraday Bias Remains Neutral USD/SGD is currently trading around 1.3575 marks. It made intraday high at 1.3587 and low at 1.3550 levels. Intraday bias remains bullish till the time pair holds key support at 1.3554 levels...
Analytics & Forecasts
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Roberto Jacobs, 7 June 2016, 05:32
FxWirePro: Nikkei225 Recovers After Making a Low of 16250, Good to Buy at Dips Major support - 16,250 ( 50% retracement of 1770 and 14770) Nikkei Index has recovered till 16685 after making a low of 17256. It is currently around 16612...
Analytics & Forecasts
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Roberto Jacobs, 7 June 2016, 05:30
FxWirePro: USD/KRW Strongly Holds 1162 Support, Downside Limited USD/KRW is currently trading around 1164 levels. It made intraday high at 1165 and low at 1163 marks. Intraday bias remains bullish till the time pair holds key support at 1162 marks...
Analytics & Forecasts
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Roberto Jacobs, 7 June 2016, 05:23
Intra-Day Market Moving News and Views (USD/JPY) 07 Jun 2016 01:28 USD/JPY - ..... The greenback staged a short-covering rally from yesterday's Australia low at 106.35 to 107.28 in early European morning, then 107.56 at New York midday after Yellen's comments...
Analytics & Forecasts
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Roberto Jacobs, 7 June 2016, 05:20
GBP/USD Better Bid in Asia on Weaker USD, Latest Brexit Poll The GBP/USD pair maintains the bid tone in the Asian session, now consolidating a solid comeback staged in the previous session in response to Yellen’s not so hawkish tone. GBP/USD trades above 5-DMA at 1...
Analytics & Forecasts
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Roberto Jacobs, 7 June 2016, 05:17
USD/CAD Loonie Higher as Commodities Rise The Canadian dollar appreciated against the USD thanks to oil prices gaining as the uncertainty about a U.S. rate hike in June continues. The disappointing U.S...
Analytics & Forecasts
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Roberto Jacobs, 7 June 2016, 04:50
FxWirePro: Aussie Gains Against Major Peers in Early Hours, RBA Rate Decision in Focus AUD/NZD is trading around 1.0667 marks. Pair made intraday high at 1.0674 and low at 1.0624 marks. Intraday bias remains neutral for the moment. A sustained close above 1...
Analytics & Forecasts
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Roberto Jacobs, 7 June 2016, 04:43
GBPUSD: Having the pair rejected downside pressure on Monday, it now looks to recover higher in the days ahead. On the downside, support lies at the 1.4400 level where a break will turn attention to the 1.4350 level. Further down, support lies at the 1.4300 level...
Analytics & Forecasts
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FXTechstrategy.com, 7 June 2016, 04:20
USDCAD Bearish FLAG pattern is going to reach the target. Intelligent CCI indicator is in oversold area and the -163 is the border. By leaving oversold and crossing up the -163 there is a bullish movement there. Probably the BUY signal happen around 1.280 in the Demand Zone...
Analytics & Forecasts
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Yaser Sabbaghi, 6 June 2016, 20:14
June 6, 2016 Bangkok, Thailand In a bizarre story disclosed over the weekend, we learned that Belgium’s Princess Astrid was robbed by two assailants on a motorbike...
Forecasts
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Matthew Todorovski, 6 June 2016, 20:04