Roberto Jacobs / Blog
NZD/USD Sold-Off Near 50-DMA on RBNZ Inflation Expectations The ongoing bullish momentum in the NZD/USD pair met fresh supply near 50-DMA at 0.6844, following the release of New Zealand’s RBNZ Q2 inflation expectations gauge. NZD/USD deflates from 0...
RBNZ Q2 Inflation Expectations Y/Y Remains Unchanged at 1.6% NZ inflation expectations, the Reserve Bank of New Zealand’s (RBNZ) closely watched gauge, bettered previous surveys. NZ Q2 Inflation Expectations y/y remains unchanged at 1.6% NZ Q2 2 year inflation expectations came in at 1...
EURUSD Daily Forecast: May 17 2016 EURUSD Forecast The EURUSD was indecisive yesterday. There are no changes in my technical outlook. The bias remains bearish in nearest term testing 1.1200. Immediate resistance remains around 1.1350...
GBPUSD Daily Forecast: May 17 2016 GBPUSD Forecast The GBPUSD had a bullish momentum yesterday topped at 1.4414 and hit 1.4493 earlier today. The bias is bullish in nearest term testing 1.4530 region. Immediate support is seen around 1.4450 area...
USDJPY Daily Forecast: May 17 2016 USDJPY Forecast The USDJPY didn’t make significant movement yesterday but overall still able to maintain its bullish bias so far, still moving inside the bullish channel as you can see on my H1 chart below. The bias remains bullish in nearest term testing109...
USDCHF Daily Forecast: May 17 2016 USDCHF Forecast The USDCHF had a moderate bullish momentum yesterday topped at 0.9784. The bias is bullish in nearest term testing 0.9795 key resistance. A clear break and daily close above that area could trigger further bullish pressure testing 1...
FxWirePro: AUD/USD Spikes As Markets Price Out Rate Cuts Post Publication of RBA Minutes Minutes of the May 3rd RBA meeting were not as dovish as expected, AUD/USD spiked past the 0.73 handle...
Fxwirepro: ASX200 Struggles to Close Above 5400, Good to Buy at Dips Major resistance - 5380 Major Support - 5307 (10 day EMA) ASX200 has broken major resistance 5380 and jumped till 5397 at the time of writing. It is currently trading at 5388...
Nikkei225 Faces Strong Resistance at 17000, Good to Buy at Dips Major resistance - 16985 (100 day EMA) Major support - 16425 (10 day EMA) Nikkei index has slightly recovered after making a low of 16404.It is currently trading around 16582...