Roberto Jacobs / Blog
Asian Stocks Attempt Recovery Amid Higher Commodities The Asian stocks dropped this Friday, after three consecutive sessions of gains, tracking losses from the Wall Street overnight...
EURUSD Daily Forecast: April 22 2016 EURUSD Forecast The EURUSD attempted to push higher yesterday topped at 1.1397 but whipsawed to the downside and closed lower at 1.1286. The bias is bearish in nearest term testing H4 EMA 200 located around 1.1250 as you can see on my H4 chart below...
GBPUSD Daily Forecast: April 22 2016 GBPUSD Forecast The GBPUSD attempted to push higher yesterday topped at 1.4440 but whipsawed to the downside and closed lower at 1.4320. The bias is bearish in nearest term testing 1.4240 region. Key resistance remains between 1.4400 – 1...
USDJPY Daily Forecast: April 22 2016 USDJPY Forecast The USDJPY didn’t make significant movement yesterday. The bias is neutral in nearest term. The major bearish scenario remains valid but price is in a bullish correction/consolidation phase since found support at 107...
USDCHF Daily Forecast: April 22 2016 USDCHF Forecast The USDCHF attempted to push lower yesterday bottomed at 0.9647 but whipsawed to the upside and closed higher at 0.9750. The bias is bullish in nearest term testing 0.9800 before targeting 0.9900. Immediate support is seen around 0.9715 – 0...
EUR/USD Rejected at Stiff Resistance Zone After ECB ECB rate decision and Draghi’s press conference was a dud as expected. EUR/USD was on the rise ahead of the rate decision and extended gains to near 1.14 levels during Draghi’s presser...
Forget EUR/USD, Focus on EUR/CAD Not a lot was expected to come out of today’s ECB meeting and press conference, and so it proved...
USD/JPY: Flows Supporting Bearish Outlook - BTMU Market expectations for extra monetary easing by the BoJ have been growing in the past few days...
World Trade Up but Not Gaining Traction Yet - ING Raoul Leering, head of international trade research at ING Bank explained that after a contraction of world trade by 1.1% in January (initial figure: -0.4%), the volume of trade bounced back in February with a growth of 1.1% MoM...