Roberto Jacobs / Blog
Nikkei Jumps on Weaker Yen, Rest of Asia Wobble Post China CPI Following the release of in-line with expectations Chinese inflation report, risk sentiment somewhat improved across the Asian markets, with the Japanese stocks rebounding sharply on yen’s relative weakness...
USD/JPY Hits New Weekly Highs, 109.00 Eyed USD/JPY continues its relentless move north, now breaking above yesterday's high at 108.60, resulting on new highs reached at 108.78, as the Nikkei 225 soars, last +1.43...
NZD/USD Fresh Bids Emerge Near 100-DMA on China Data The bears took a breather from their downward spiral following the release of a touch better Chinese CPI and PPI figures, now allowing a tepid-bounce from two-month troughs. NZD/USD holds above 100-DMA support at 0...
Nikkei225 Breaks Minor Resistance 16300, Jump Till 16600/16800 Is Possible Major intraday resistance - 16300 (55 day 4H EMA) Major support - 15800 (May 4th 2016) Nikkei index has broken major intraday resistance 16300 and jumped till 16477 at the time of writing...
FxWirePro: USD/KRW Breaks Key Resistance at 1176, a Break Above Targets 1193 USD/KRW is currently trading around 1173 levels. Intraday bias remains bullish till the time pair holds key support at 1162 levels...
AUD/USD Clinches Highs above 0.73 on Stabilizing China CPI The in-line with expectations Chinese CPI data provided the much-needed respite to the AUD bulls, sending AUD/USD back on the bids beyond 0.73 handle. AUD/USD supported at 0...
EURUSD Daily Forecast: May 10 2016 EURUSD Forecast The EURUSD was indecisive yesterday but overall still able to maintain its bearish bias. The bias remains bearish in nearest term testing 1.1275 – 1...
GBPUSD Daily Forecast: May 10 2016 GBPUSD Forecast The GBPUSD was indecisive yesterday but overall still able to maintain its bearish intraday bias since the false breakout above the daily EMA 200 as you can see on my daily chart below. The bias remains bearish in nearest term testing 1.4350 – 1...
USDJPY Daily Forecast: May 10 2016 USDJPY Forecast The USDJPY had a bullish momentum yesterday topped at 108.60 and hit 108.82 earlier today. The bias is bullish in nearest term testing 109.00 area before targeting 110.65. Immediate support is seen around 108.25...