Roberto Jacobs / Blog
FxWirePro: ASX200 Struggle to Close Above 5400, Good to Buy at Dips Major resistance - 5430 (27th May 2016 high) Major Support - 5270 ASX200 has started to decline after making a high of 5387 yesterday. It is currently trading at 5355...
EURUSD Daily Forecast: June 09 2016 EURUSD Forecast The EURUSD had a moderate bullish momentum yesterday topped at 1.1410. The bias remains bullish in nearest term testing 1...
GBPUSD Daily Forecast: June 09 2016 GBPUSD Forecast The GBPUSD was indecisive yesterday. The bias is neutral in nearest term probably with a little bearish bias testing 1.4430 region but key support remains around 1.4350. Immediate resistance is seen around 1...
USDJPY Daily Forecast: June 09 2016 USDJPY Forecast The USDJPY was indecisive yesterday but overall still able to maintain its bearish bias so far. The bias remains bearish in nearest term testing 106.00 – 105.50 area which remains a good place to buy with a tight stop loss...
USDCHF Daily Forecast: June 09 2016 USDCHF Forecast As expected, the USDCHF continued its bearish momentum yesterday bottomed at 0.9581. The bias remains bearish in nearest term especially if price able to make a clear break below 0.9570 testing 0.9470 region...
Little RBA Cheer for Aussie Dollar Bears - UBS The Reserve Bank of Australia's (RBA) decision to leave the cash rate on hold at 1.75% earlier this week was expected. According to the UBS team, not so was the neutral rates bias delivered in the post-meeting media release...
Oil Reaches Fresh 10-Month Highs Amid Output Disruptions Oil prices rose to fresh 10-month highs on Wednesday, as a drawdown in US stockpiles and output disruptions in Nigeria helped to ease supply glut concerns. West Texas Intermediate crude oil for July rose 1.7% and settled at $51...
Oil Pulls Back After Fresh Highs Despite Inventory Drawdown Oil futures reached fresh 10-month highs and immediately turned lower despite data showed US crude oil inventories declined more than expected last week. US Department of Energy reported US crude oil inventories fell by 3...