Roberto Jacobs / Blog
FxWirePro: EUR/GBP Range-Bound, Focus on UK Construction PMI and Eurozone Sentix Index Data EUR/GBP retreats from 0.8400 ahead of UK Construction PMI and Eurozone Sentix Index data. The pair is trading an extremely range as we head into the European open...
FxWirePro: GBP/JPY Trades in Narrow Range, Good to Sell on Rallies Major resistance- 140 Major support – 135.35 (61.8% retracement of 133.33 and 139.01) GBP/JPY has slightly recovered after making a low of 135.70.It is currently trading around 136.43...
Yen Falls Against Majors The Japanese yen weakened against the other major currencies in the Asian session on Monday. The yen fell to a 10-day low of 73.84 against the NZ dollar, from Friday's closing value of 73.46. The yen dropped to 114.51 against the euro, 136.69 against the pound and 105...
EURUSD Daily Forecast: July 04 2016 EURUSD Forecast The EURUSD was corrected higher last week topped at 1.1169. The bias is bullish in nearest term but as long as stay below 1.1200 my overall technical bias remains bearish targeting 1.0700. Immediate support is seen around 1.1110...
GBPUSD Daily Forecast: July 04 2016 GBPUSD Forecast The GBPUSD continued its bearish momentum last week bottomed at 1.3119 but closed higher at 1.3270. The bias is bearish in nearest term testing 1.3200. Immediate resistance is seen around 1.3350...
USDJPY Daily Forecast: July 04 2016 USDJPY Forecast The USDJPY was corrected higher last week topped at 103.39 but closed lower at 102.55. As long as stay below 103...
FxWirePro: NZD/USD Edges Lower from Session Highs at 0.7191, Bias Higher Kiwi tracked the Aussie lower on Monday's open, NZD/USD saw a slight bearish gap down open of around 12 pips. The pair then resumed upside, to hit session highs of 0.7191, intarday bias remains higher. 5-DMA at 0...
FxWirePro: Singapore Dollar Strengthens Against US Dollar, Stay Bearish USD/SGD is currently trading around 1.3439 marks. It made intraday high at 1.3464 and low at 1.3429 levels. Intraday bias remains bearish till the time pair holds key resistance at 1.3451 levels. A daily close below 1...
FxWirePro: AUD/NZD Opens Gap down by 62 Pips But Recovers Quickly Above 1.0400 Mark, Australia's Political Uncertainty AUD/NZD is trading around 1.0437 marks. Pair made intraday high at 1.0443 and low at 1.0363 marks. Short term bias remains neutral till the time pair holds key support at 1...