Roberto Jacobs / Blog
JPY: Little to Prevent Additional Strength - BBH Research Team at BBH, notes that the BOJ surprised and disappointed many investors by not easing policy despite cutting its growth and inflation forecast...
FxWirePro: AUD/USD Struggles at 0.76 Handle, Weak Business Confidence Weighs Poor NAB business confidence data weighs on the Aussie, AUD/USD hit session lows at 0.7592...
Nikkei Crashes Above 3 Pct, Gold Remains supported Around Fresh 15-month High at $1290 All the major Asian markets are trading in red on the start of a new week. On the top, Nikkei crashes above 3 pct while Gold remains supported around fresh 15 –month high at $1290 marks...
EURUSD Daily Forecast: May 02 2016 EURUSD Forecast The EURUSD had a bullish momentum last week topped at 1.1459 and hit 1.1481 earlier today. The bias is bullish in nearest term testing 1.1500 – 1.1560 region. Immediate support is seen around 1.1400...
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...