Roberto Jacobs / Blog
USD: New Phase in the Appreciation Cycle – ANZ Daniel Been, Senior FX Strategist at ANZ, suggests that the dollar is back as the recalibration of Fed rate hike expectations drove a sharp recovery in US real yields and a broad USD rally has taken hold...
AUD/USD Under Pressure on Weaker Commodities, 0.7200 Eyed? The AUD/USD pair failed near Thursday’s high and turned lower from there in the Asian session, now consolidating the previous rally below 10-DMA at 0.7228. AUD/USD targets 0.7200 Currently, the AUD/USD pair trades -0.07% lower at 0...
EURUSD Daily Forecast: May 27 2016 EURUSD Forecast The EURUSD had a bullish momentum yesterday topped at 1.1216 and now struggling around the daily EMA 200 as you can see on my daily chart below...
ECB Could Take a Further Step This Year - Commerzbank Dr Jörg Krämer, Chief Economist at Commerzbank, suggests that as core inflation should tend to disappoint the ECB and the euro looks set to continue appreciating, we expect the central bank to ease its monetary policy again later this year...
GBPUSD Daily Forecast: May 27 2016 GBPUSD Forecast The GBPUSD was indecisive yesterday. Price attempted to push higher, slipped above 1.4700 and the daily EMA 200 as you can see on my daily chart below but unable to make a clear breakout so far and hit 1.4656 earlier today...
USDJPY Daily Forecast: May 27 2016 USDJPY Forecast The USDJPY was indecisive yesterday. The bias is neutral in nearest term and we need a clear break from the range area as you can see on my H1 chart below to see clearer direction. Buy around 109.10 or sell around 110...
USDCHF Daily Forecast: May 27 2016 USDCHF Forecast The USDCHF was indecisive yesterday. The bias remains neutral in nearest term probably with a little bearish bias. Overall price is still in a bullish phase after a breakout above 0.9795 targeting 1...
ASX200 Breaks Major Resistance 5400, Targets 5485/5530 Major resistance - 5400 Major intraday Support - 5350 ASX200 has broken major resistance 5400 and jumped till 5431. It is currently trading at 5417. Short term trend is slightly bullish as long as support 5350 holds...
Nikkei225 Faces Strong Resistance 17000, Break Above Targets 17685 Major resistance - 16985 (100 day EMA) Major support - 16410 (100 day 4H MA) Nikkei index faces strong resistance at 17000 and is struggling to break above that level. It is currently trading around 16839...