Roberto Jacobs / Blog
Asian Markets Mix, Gold Hits Fresh 2-Week High in Early Hours All the major Asian stock markets are trading on a mix note on the start of a new week. Important to note here that, major stocks and Forex markets are highly affected by the U.S. job results released on last Friday. U...
FxWirePro: USD/KRW Rejects 1194 Mark, Intraday Bias Remains Neutral USD/KRW is currently trading around 1167 levels. It made intraday high at 1169 and low at 1164 marks. Intraday bias remains neutral for the moment...
FxWirePro: ASX200 Faces Strong Support at 5270, Good to Buy at Dips Major resistance - 5350 Major Support - 5270 ASX200 has recovered till 5359 after making a low of 5283 at the time of writing. It is currently trading at 5359. Short term trend is slightly bullish as long as support 5270 holds...
FxWirePro: Nikkei225 Tumbles on Weaker US Jobs Data, Good to Sell on Rallies Major support - 16,250 ( 50% retracement of 1770 and 14770) Nikkei Index has has broken minor support 16410 and declined till 16252 on Friday due to weaker than expected US Non-farm payroll. It is currently around 16432...
FxWirePro: Kiwi Hovers Around Fresh 7-Month High Against Aussie, Australia's MI Inflation Falls in May AUD/NZD is trading around 1.0573 marks. Pair made intraday high at 1.0605 and low at 1.0562 marks. Intraday bias remains bearish till the time pair holds immediate resistance at 1.0647 marks...
EURUSD Daily Forecast: June 06 2016 EURUSD Forecast The EURUSD had a strong bullish momentum last week, topped at 1.1373 after bounced off the lower line of the bullish channel as you can see on my daily chart below. The bias is bullish in nearest term testing 1.1470 region...
GBPUSD Daily Forecast: June 06 2016 GBPUSD Forecast The GBPUSD was indecisive last week. As you can see on my daily chart below price is moving sideways between 1.4700 – 1.4350 and we need a clear break from that range area to see clearer direction. The bias is neutral in nearest term...
USDJPY Daily Forecast: June 06 2016 USDJPY Forecast The USDJPY had a strong bearish momentum last week bottomed at 106.51. The bias is bearish in nearest term testing 106.00 – 105.50 which is a good place to buy with a tight stop loss. Immediate resistance is seen around 107.70...
USDCHF Daily Forecast: June 06 2016 USDCHF Forecast The USDCHF had a bearish momentum last week fell below 0.9795 key support as you can see on my daily chart below. The bias is bearish in nearest term testing 0.9670. Immediate resistance is seen around 0.9795...