Roberto Jacobs / Blog

FxWirePro: Nikkei225 Faces Strong Resistance at 16600, Good to Sell on Rallies Major intraday resistance - 16200 Major support - 15800 Nikkei index slightly recovered after making a low of 15821.It is currently trading around 16048. Short term trend is bearish as long as resistance 16600 holds...

USDCHF Daily Forecast: May 04 2016 USDCHF Forecast The USDCHF attempted to push lower yesterday bottomed at 0.9443 but whipsawed to the upside and closed higher at 0...

NZD/USD Erases Jobs-Led Gains, Back in the Red Below 0.69 The NZD/USD pair reversed the early spike induced by upbeat NZ jobs data and fell sharply lower post-China open, having surrendered 0.69 handle. NZD/USD shrugs-off best Q1 jobs since 2004 Currently, the NZD/USD pair trades -0...

Asian Stocks Drop on Weaker Oil, Global Growth Concerns The Asian stocks snapped the previous rebound and fell sharply this Wednesday, tracking steep losses booked on the Wall Street overnight...

USD/JPY Regains Momentum, Back Above 107 Handle The USD/JPY pair is once again taking on the recovery above 107 handle, reversing a brief dip to session lows struck at 106...

AUD/USD: Overly Long Market Caught Wrong-Sided AUD/USD has come under strong selling pressure, yet again, at the open of market in China, last exchanging hands at fresh lows circa 0.7470, following the somewhat surprising 25bp rate cut by the RBA on Tuesday to a new record low interest rate of 1...

FxWirePro: USD/KRW Hovers Around Key Resistance at 1153, Intraday Bias Remains Neutral USD/KRW is currently trading around 1154 levels. It made intraday high at 1154 and low at 1150 levels. Intraday bias remains neutral till the time pair holds key resistance at 1153 levels...

AUD/NZD Bears Remain in Control, Tgt YTD Low 1.0539 AUD/NZD bears remain in control, despite the GTD price index shocker and the RBA rate cut, that was only 40% priced in continues to drive the cross off a cliff. AUD/NZD was at 1.1250 just last week and we have made recent lows of 1...

Yen is Top Performer for 2016 So Far - Nomura Analysts at Nomura explained that the Japanese yen (JPY) is the top-performing currency year-to-date...

AUD/USD: Only 40% of the RBA was Priced in - Westpac Analysts at Westpac noted that AUD/USD was 0.7710 ahead of the RBA’s rate cut which was only 40% priced in, so fell steeply to around 0.7560 in the Sydney afternoon. Key Quotes: "The Aussie attempted a rally in the London morning to around 0...