Roberto Jacobs / Blog
GBPUSD Daily Forecast: May 02 2016 GBPUSD Forecast The GBPUSD continued its bullish momentum last week topped at 1.4670. The bias is bullish in nearest term but as you can see on my daily chart below, we have a Doji after price touched 1.4670 resistance suggests a potential bearish pullback...
RBA Preview: Not So Rosy - ING Research Team at ING, suggests that the dismal 1Q16 CPI data is a game-changer for AUD as we near the RBA rate decision. Key Quotes The Australian economy looks in decent shape right now. While we think there may be some downside risks to 2016 GDP growth (ING: 2...
USDJPY Daily Forecast: May 02 2016 USDJPY Forecast The USDJPY had a strong bearish momentum last week, broke below 107.60 key support after BOJ decision to hold monetary policy and closed at 106.29. The bias is bearish in nearest term testing 105.00 area. Immediate resistance is seen around 107...
USDCHF Daily Forecast: May 02 2016 USDCHF Forecast The USDCHF had a bearish momentum last week, broke below the bullish channel and 0.9715 support area as you can see on my daily chart below, bottomed at 0.9569. The bias is bearish in nearest term testing 0.9470...
FxWirePro: USD/SGD Hovers Around Key Support at 1.3420, Intraday Bias Remains Neutral USD/SGD is currently trading around 1.3432 marks It made intraday high at 1.3455 and low at 1.3424 levels. Intraday bias remains neutral till the time pair holds initial support at 1.3420 levels...
FxWirePro: ASX200 Faces Strong Support at 200 Day MA, Good to Buy at Dips Major resistance - 5300 Major Support - 5140 (200 day MA) ASX200 has recovered after making a low of 5179 at the time of writing. It is currently trading at 5216...
USD/JPY Bulls Fighting for Control, 107 Back on Sight? The recovery in the Japanese equities offers a fresh boost to the USD/JPY pair, now pushing the prices back towards daily highs near 106.70 region...
US Economy: Fogginess Continues - ANZ According to ANZ Research Team, the health of the US economy remains unclear, noting that it would take quite strong results in upcoming economic data for the market to get excited about the possibility of a June rate hike...
EUR/USD Eases-Off Fresh 2016 Highs, Focus on PMIs, Draghi The risk conditions improved over the last hours and weighed somewhat on the safe-haven euro, dragging EUR/USD lower from fresh multi-month tops. EUR/USD supported at daily pivot (1.1460) Currently, EUR/USD trades +0.10% higher at 1...