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FxWirePro: South Korean Won Falls on the Back of Lower Than expected CPI Data USD/KRW is currently trading around 1190 levels. Overnight South Korea released CPI data with negative numbers. South Korea’s May CPI growth Y/Y decreases to 0.8 % (forecast 0.90 %) vs previous 1.0...
Analytics & Forecasts
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Roberto Jacobs, 1 June 2016, 05:39
EURUSD Daily Forecast: June 01 2016 EURUSD Forecast The EURUSD attempted to push higher yesterday topped at 1.1173 but whipsawed to the downside and closed lower at 1.1130 and hit 1.1117 earlier today. The bias is bearish in nearest term testing the lower line of the bullish channel and 1...
Analytics & Forecasts
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Roberto Jacobs, 1 June 2016, 05:34
GBPUSD Daily Forecast: June 01 2016 GBPUSD Forecast The GBPUSD had a bearish momentum yesterday after another failure to make a clear break above 1.4700 key resistance as you can see on my daily chart below, bottomed at 1.4464. The bias is bearish in nearest term testing 1.4350...
Analytics & Forecasts
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Roberto Jacobs, 1 June 2016, 05:31
USDJPY Daily Forecast: June 01 2016 USDJPY Forecast The USDJPY failed to continue its bullish momentum yesterday and slipped below 110.65 key support as you can see on my H1 chart below...
Analytics & Forecasts
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Roberto Jacobs, 1 June 2016, 05:29
USDCHF Daily Forecast: June 01 2016 USDCHF Forecast The USDCHF attempted to push lower yesterday bottomed at 0.9886 but whipsawed to the upside and hit 0.9946 earlier today. The bias is bullish in nearest term testing 1.0000. Immediate support is seen around 0.9925...
Analytics & Forecasts
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Roberto Jacobs, 1 June 2016, 05:27 #usdchf
USDCHF: Having the pair continued to maintain its medium term upside bias, trend resumption is envisaged. On the downside, support lies at the 0.9900 level. A turn below here will open the door for more weakness towards the 0.9850 level and then the 0.9800 level...
Weekly Trends
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FXTechstrategy.com, 1 June 2016, 04:22
EUR/USD: A likely close today below 1.1215 would confirm a key monthly reversal and encourage our bearish view. Copy signals, Trade and Earn $ on Forex4you - https://www.share4you.com/en/?affid=0fd9105 We are looking for a move below initial downside targets near 1...
USD/CAD: Likely to Trade in New Range Between 1.30/1.35 - TDS Analysts from TDS expect the USD/CAD pair to continue to move to the upside, with an immediate target at 1.33 followed by 1.35 during the second semester...
Analytics & Forecasts
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Roberto Jacobs, 31 May 2016, 20:01
ECB Preview: No Material Changes - Rabobank According to market consensus, the European Central Bank will leave monetary policy unchanged on Thursday. Analysts from Rabobank expect to material changes in ECB’s staff projections...
Currency
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Roberto Jacobs, 31 May 2016, 19:49 #ECB
GBP/USD Breaks Below 1.4500 as Brexit Fears Resurface GBP/USD extended losses and broke below the 1.45 mark in recent dealings as Brexit fears resurfaced following polls showing that the “leave” vote is ahead in the EU referendum...
Analytics & Forecasts
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Roberto Jacobs, 31 May 2016, 19:37
FxWirePro: AUD/USD Cheered by Upbeat Data, But More Downside Expected The Australian dollar rebounded strongly against US dollar on Tuesday following encouraging economic data, dragging the pair all the way above 0.7250 levels. However after finding resistance at 0...
Analytics & Forecasts
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Roberto Jacobs, 31 May 2016, 19:32
USD/CHF Remains Capped by 0.9950 USD/CHF climbed to fresh daily highs during the New York session as the greenback picked up momentum, with the pair retesting the upper side of its recent range, but still capped by the 0.9950/55 zone...
Analytics & Forecasts
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Roberto Jacobs, 31 May 2016, 18:45 #usdchf
Brexit Poll Sparks FTSE Sell-Off • FTSE attempts to break out of range • ICM poll sends sterling and FTSE lower • US data support summer rate hike What looked like a boring day in the markets has been kicked into gear as the European indices fell sharply after a surprise EU referendum poll in fav...
Market News
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Roberto Jacobs, 31 May 2016, 18:39
FxWirePro: USD/CAD Maintains Bullish Bias With Focus on 1...
Analytics & Forecasts
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Roberto Jacobs, 31 May 2016, 18:33
Morgan Stanley Trade Of The Week: Where To Sell USD/JPY Rally? Currency investors should consider selling USD/JPY* on further rallies this week, advises Morgan Stanley in its weekly FX pick to clients...
Analytics & Forecasts
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Roberto Jacobs, 31 May 2016, 18:29
EUR/GBP Breaks Above 0.7650 as Pound Tumbles The pound dropped across the board during the last two hours and extended losses amid new Brexit polls. EUR/GBP rose from 0.7615, broke above 0.7645 and climbed to 0.7675, hitting a fresh 1-week high...
Analytics & Forecasts
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Roberto Jacobs, 31 May 2016, 18:24
USD/CAD Challenges Resistance at 1.3100 USD/CAD has risen to challenge the 1.3100 level during the American session, with the loonie under pressure on the back of lower-than-expected GDP figures and despite higher oil prices, while the greenback is gathering pace across the board...
Analytics & Forecasts
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Roberto Jacobs, 31 May 2016, 18:20
NZD/USD Hits 1-Week Highs and Losses Momentum NZD/USD has been moving all day with a bullish bias and during the American session it climbed to 0.6776 hitting the strongest level since May 23. Afterwards it pulled back and it was trading at 0.6760, up 1...
Analytics & Forecasts
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Roberto Jacobs, 31 May 2016, 18:17 #nzdusd
EUR/USD Rejected from Highs, Erases Daily Gains EUR/USD stretched to fresh daily highs during the American session but was capped by the 100-day SMA and pulled back sharply, with GBP/USD slump dragging down the pair. EUR/USD was rejected from a high of 1...
Analytics & Forecasts
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Roberto Jacobs, 31 May 2016, 18:15
Elliott Wave Analysis: USD Index Could Be In For Higher Levels On USD index daily chart we are observing a big sideways pattern since start of 2015; it's slow and overlapping price action which is a personality of a contra-trend movement that can be completed now...
Analytics & Forecasts
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Roberto Jacobs, 31 May 2016, 17:03