Roberto Jacobs / Blog
EURUSD Daily Forecast: May 16 2016 EURUSD Forecast The EURUSD had a bearish momentum last week bottomed at 1.1282. Price reached the nearest target of the shooting star bearish scenario...
GBPUSD Daily Forecast: May 16 2016 GBPUSD Forecast The GBPUSD was indecisive last week but overall still able to maintain its bearish bias since the false break above the daily EMA 200 as you can see on my daily chart below. The bias is bearish in nearest term testing 1.4270/50 region...
USDJPY Daily Forecast: May 16 2016 USDJPY Forecast The USDJPY had a bullish momentum last week topped at 109.55 but closed lower at 108.61. The bias is bullish in nearest term retesting 109.55. A clear break and daily close above that area could trigger further bullish pressure testing 110...
USDCHF Daily Forecast: May 16 2016 USDCHF Forecast The USDCHF was indecisive last week. The bias is neutral in nearest term probably with a little bullish bias testing 0.9795 key resistance. A clear break and daily close above that area could trigger further bullish pressure testing 1...
Nikkei Leads Recovery in Asia From Monthly Lows The stocks on the Asian bourses set-off the week on the weaker note, tracking a softer close on the Wall Street last Friday and weekend’s poor Chinese dataflow, which weighed down on the risk sentiment...
FxWirePro: South Korean Won Hovers Around Key Resistance at 1178, Intraday Bias Remains Neutral USD/KRW is currently trading around 1178 levels. Today South Korea released trade balance data with flat numbers at 8.80B m/m...
NZD/USD Trims China Data-Led Losses, 5-DMA Back on Sight? The Kiwi attempts a tepid-bounce from the Chinese data dump-induced weakness, and now looks to regain 5-DMA located at 0.6784 amid improved appetite for risk across the markets. NZD/USD finds support just below 0...
AUD/JPY: bulls battle back on 79 handle Despite a weaker global picture to start the week off, AUD/JPY is resilient in the Tokyo open. AUD/JPY had been soft in early Asia in response to soft weekend China data. However, there was a re-bound 78.65 lows and the price has been as high as 78...
AUD/USD: China Pressures Bulls Commitments - Westpac Analysts at Westpac explained that the AUD/USD extended its multi-week decline, from 0.7300 late Friday Sydney to 0.7270 into the weekend. Key Quotes: "It opened the week even lower, dipping as low as 0...