Roberto Jacobs / Blog
Daily Analysis of USDX for July 04, 2016 A short-term picture for USDX is still calling for more upsides as the index remains supported by the 200 SMA on H1 chart, which is also offering dynamic support. Next strong resistance is located around the 96...
FxWirePro: USD/CNY Hovers Around 6.66 Mark, PBPC Sets Yuan Midpoint at 6.6472 Per Dollar USD/CNY is currently trading around 6.6595 marks. It made intraday high at 6.6601 and low at 6.6495 levels. Intraday bias remains bullish till the time pair holds key support at 6.6330/6.6110 levels...
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...