Roberto Jacobs / Blog
USD/JPY Bounces-Off 50-DMA Support, Re-Attempts 110? The USD/JPY pair is seen making minor-recovery attempts from a drop to 50-DMA support located at 109.65, as markets digest the latest comments from the BOJ officials amid weaker Japanese datasets...
Nikkei 225 Under Pressure, Bargain Hunting at Lows The Japanese benchmark index Nikkei 225 has been under constant pressure ever since the Tokyo open, and after trading at a day low circa 16,450.00, falling as much as -1.40%, the index is now on recovery mode, down 1...
Asian Markets Mix After G7 Meetings, Gold steady Above $1250 All the major Asian indices are trading on a mix note on the start of a new week. Today Japan released trade balance data with positive numbers and USD/JPY remains well supported below 110.00 marks...
FxWirePro: AUD/USD Breaks Minor Resistance at 0.7230, Good to Buy Dips AUD/USD is currently trading around 0.7250 levels, intraday bias is higher. After a brief dip below 61.8% Fib at 0.7212 on May 19th, the pair has pulled back above...
FxWirePro: AXS200 Struggles to Close Below 5300, 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...
EURUSD Daily Forecast: May 23 2016 EURUSD Forecast The EURUSD continued its bearish momentum last week bottomed at 1.1179 as a part of the shooting star bearish scenario as you can see on my daily chart below...
GBPUSD Daily Forecast: May 23 2016 GBPUSD Forecast The GBPUSD attempted to push higher last week topped at 1.4663 but closed lower at 1.4497. As you can see on my daily chart below, the daily EMA 200 and 1.4700 region is a key resistance at this phase...
USDJPY Daily Forecast: May 23 2016 USDJPY Forecast The USDJPY continued its bullish momentum last week topped at 110.58 but closed lower at 110.14 and hit 109.85 earlier today...
USDCHF Daily Forecast: May 23 2016 USDCHF Forecast The USDCHF continued its bullish momentum last week topped at 0.9926. The bias remains bullish in nearest term testing 1.0000. Immediate support is seen around 0.9860...