Roberto Jacobs / Blog
EURUSD Daily Forecast: June 08 2016 EURUSD Forecast The EURUSD had another indecisive movement yesterday. There are no changes in my technical outlook. The bias remains bullish in nearest term testing 1.1470. Immediate support remains around 1.1285...
GBPUSD Daily Forecast: June 08 2016 GBPUSD Forecast The GBPUSD attempted to push higher yesterday topped at 1.4659 but closed lower at 1.4542. The bias is neutral in nearest term and price is still trapped between 1.4700 – 1...
USDJPY Daily Forecast: June 08 2016 USDJPY Forecast The USDJPY was indecisive yesterday. Price slipped above 107.70 resistance area but whipsawed to the downside and hit 106.72 earlier today. The bias is bearish in nearest term testing 106.00 – 105...
USDCHF Daily Forecast: June 08 2016 USDCHF Forecast The USDCHF continued its bearish momentum yesterday bottomed at 0.9644. The bias remains bearish in nearest term testing 0.9570. Immediate resistance is seen around 0.9670...
Buy AUD on Dips into 0.7305 - Westpac Research Team at Westpac, suggests buying AUD on dips into 0.7305, stop 0.7215, as two of their three signal inputs are turning constructive on the AUD. Key Quotes “The RBA’s steady hand this week was no surprise but the lack of an overt easing bias was...
CHF: Swiss Reserves are Not What They Seem - BBH Research Team at BBH, suggests that the news that Switzerland's reserve rose to a new record high of CHF602.1 bln in May from CHF587.9 bln in April spurred talk that the SNB has been intervening covertly...
Long EUR/USD at 1.1358 - Westpac Research Team at Westpac, suggests that to go long in a EUR/USD at 1.1358 while maintaining a stop of 1.1240. Key Quotes “Softer US retail sales could weigh on the USD while the FOMC is likely at best neutral if not negative for the USD too...
FxWirePro: Go Long on XAU/USD Only Above $1,248 With Stop Loss at $1,238 and Target of $1,268 XAU/USD is currently trading around $1247 marks. It made intraday high at $1242 and low at $1249 marks. Intraday bias remains bullish till the time pair holds key support at $1232 marks...
Asian Markets in Red, Gold Hovers Around Key Resistance at $1248 All the major Asian indices are trading on a lower note on Wednesday but on the other side, Gold gains in early hours and trading around key resistance at $1248 marks...