Roberto Jacobs / Blog
NZD/USD Back on the Bids above 0.68, Risk-on Underpins The NZD bulls caught a fresh bid tone over the last hour, allowing NZD/USD to regain 0.68 barrier as the oil price rebound lifts overall market sentiment. NZD/USD re-attempts hourly 200-SMA at 0.6817 Currently, the NZD/USD pair trades 0...
Gold Fails Near 20-DMA Resistance, Fed Minutes in Focus Gold prices reverse a part of yesterday’s solid rebound and now waver around $ 1230 barrier, on improved risk sentiment as Asian equities rebound along with the oil prices...
EURUSD Daily Forecast: April 06 2016 EURUSD Forecast The EURUSD had another indecisive movement yesterday. The bias remains neutral in nearest term. As long as stay above 1.1335 price is still in a bullish phase testing 1.1500 which remains a good place to sell with a tight stop loss...
GBPUSD Daily Forecast: April 06 2016 GBPUSD Forecast The GBPUSD had a bearish momentum yesterday bottomed at 1.4121. The bias is bearish in nearest term testing 1.4050 area. Immediate resistance is seen around 1.4200/25...
USDJPY Daily Forecast: April 06 2016 USDJPY Forecast The USDJPY had a significant bearish momentum yesterday, broke below 110.96 key support as you can see on my daily chart below. The bias is bearish in nearest term testing 109.50 area. Immediate resistance is seen around 110.96...
USDCHF Daily Forecast: April 06 2016 USDCHF Forecast The USDCHF had another indecisive movement yesterday. Price slipped below 0.9570 but still unable to stay consistently below that area so far...
USD/JPY: First Time Below 110.00 Since Oct 2014 - Westpac Analysts at Westpac explained that the USD/JPY remained heavy amid equity weakness, the yen showing its safe haven status once again. Key Quotes: "The pair slipped from 110.50 to a low of 109...
USD/JPY Bulls Making a Stand on the 110 Handle USD/JPY is making a slight recovery in the Tokyo opening hour, up to challenge the 100 sma on the 15min time frame in a continuation of early Asia's bid...
Yen Strength Continues in Asia, BOJ Watching FX Following a relatively positive start of trading in Tokyo, which saw USD/JPY edge higher towards 110.50, renewed selling pressure in the Nikkei 225, now down by 0.35%, has seen buying flows returning into the Japanese Yen...