Roberto Jacobs / Blog
AUD/JPY Fails to Resist Above 80 Yet Again, Risk-Off Weighs A renewed risk-aversion wave gripped the markets this Thursday, knocking-off AUD/JPY sharply lower from above 80 mark on increased bids for the safe-haven yen. AUD/JPY making lower tops on daily charts The AUD/JPY pair now drops -0...
Gold Retreats in Asia, but Stays Above $ 1260 Gold is seen correcting slightly lower towards 1260 levels, after having reached fresh three-week highs just before NY close as summer Fed rate hike expectations recede. Gold: 1260 mark tested Currently, gold now trades -0.20% lower at 1262...
FxWirePro: USD/SGD Hits Fresh Monthly Low at 1.3449, Good to Sell on Rallies USD/SGD is currently trading around 1.3475 marks. It made intraday high at 1.3496 and low at 1.3449 levels. Intraday bias remains bearish till the time pair holds key resistance at 1.3537 levels. A daily close below 1...
FxWirePro: Yen Continues to Add Strength Against US Dollar, Intraday Bias Remains Bearish USD/JPY is currently trading around 106.60 marks. It made intraday high at 107.08 and low at 106.51 levels. Intraday bias remains bearish till the time pair holds key resistance at 107.38 marks...
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...