Roberto Jacobs / Blog
NZD: Likely to Trade Cautiously Ahead of RBNZ - Westpac Imre Speizer, Senior Market Strategist at Westpac, suggests that the NZD is likely to trade cautiously ahead of a big week for central banks, with the RBNZ’s announcement on Thursday sandwiched between the Fed’s and the BoJ’s...
EURUSD Daily Forecast: April 26 2016 EURUSD Forecast The EURUSD had a moderate bullish momentum yesterday topped at 1.1278. The bias is neutral in nearest term probably with a little bullish bias. Immediate support is seen around 1.1215 area...
GBPUSD Daily Forecast: April 26 2016 GBPUSD Forecast The GBPUSD was indecisive yesterday. Price slipped above 1.4500 but still unable to stay above that area so far. The bias remains bullish in nearest term. Price is still in my “sell zone” but a clear break and consistent movement above 1...
USDJPY Daily Forecast: April 26 2016 USDJPY Forecast The USDJPY was corrected lower yesterday bottomed at 110.84 but overall still able to maintain its bullish correction bias since bounced from 107.60. The bias remains bullish in nearest term testing 112.50 area...
USDCHF Daily Forecast: April 26 2016 USDCHF Forecast The USDCHF had a moderate bearish momentum yesterday bottomed at 0.9736. The bias is neutral in nearest term but as long as stay above 0.9715 I still prefer a bullish scenario at this phase testing 0.9900 region...
USD/JPY Falls Below 111.00 as Nikkei Selling Picks Up USD/JPY has been knocked down ahead of the Tokyo lunch, last trading just below 111.00, where its re-testing the double bottom printed yesterday at 110.85...
NZD/USD Extends Recovery Towards 0.6900 The recovery from NY lows gained further traction in the Asian hours, driving the NZD/USD pair further towards 0.69 handle. NZD/USD takes-out 20-DMA Currently, the NZD/USD pair trades 0.47% higher at fresh session highs of 0...
FxWirePro: AUD/NZD Fails to Break Key Resistance at 1.1298, Good to Buy on Dips AUD/NZD is trading around 1.1220 marks. Pair made intraday high at 1.1250 and low at 1.1217 marks. Intraday bias remains bearish till the time pair holds immediate resistance at 1.1298 marks. A daily close below 1...
FxWirePro: USD/JPY in Tight Range During Asian Hours, Intraday Bias Remains Neutral USD/JPY is currently trading around 111.19 marks. It made intraday high at 111.29 and low at 110.95 levels. Intraday bias remains neutral for the moment. A sustained close above 111...