Roberto Jacobs / Blog
Nikkei Futures Point to a Lower Opening - FXStreet The Japanese Nikkei will reopen this Friday after a three-day holiday, having had its latest official close at 16,147.38...
Oil Settles Higher as Canadian Fire, Libya Conflict Limit Supply Crude oil prices rallied at the beginning of the day, with WTI futures posting a daily high of $46...
USD/CAD: Targeting 1.35 in Next Few Months - Scotiabank Analysts at Scotiabank noted that Yesterday’s weak Canadian trade report provided the exclamation point to our assertion on Tuesday that the good Canadian news was largely priced in to the CAD around the 1.25 area...
NZD/USD Heavy, Set to Test 50-DMA as Oil Deepens Losses NZD/USD’s recovery from NY lows faltered just shy of 0.69 handle, and the prices came under renewed selling pressure as Oil resumed decline and triggered fresh risk-aversion wave across the financial markets...
Goldman Sachs Hiked Iron Ore Price Forecasts In its latest report published on Friday, Goldman Sachs upwardly revised their iron-ore price outlook for 2016. Key Points: For Q2 2016, iron-ore price forecast raised by 47% to $55 / metric ton Q3 2016 forecast up 20% to $45...
Gold Rebounds in Asia, but Stays Below 5-DMA - NFP Eyed The yellow metal caught a fresh bid-wave in the Asian session, staging a recovery from four back-to-back sessions of losses ahead of the highly influential US jobs data. Gold flirts with $ 1280 barrier Currently, gold jumps +0...
FxWirePro: USD/KRW Stable Around 1168, Intraday Bias Remains Neutral USD/KRW is currently trading around 1168 levels. Intraday bias remains neutral till the time pair holds key resistance at 1168 levels...
EURUSD Daily Forecast: May 06 2016 EURUSD Forecast The EURUSD had a bearish momentum yesterday bottomed at 1.1385. The shooting star formation I showed you on Wednesday gave us a valid signal of a bearish pullback. The bias is bearish in nearest term testing 1.1275 region...
GBPUSD Daily Forecast: May 06 2016 GBPUSD Forecast The GBPUSD was indecisive yesterday but overall still able to maintain its bearish bias since the false breakout above the daily EMA 200 as you can see on my daily chart below. The bias is bearish in nearest term testing 1.4400 – 1.4350 region...