Roberto Jacobs / Blog
NZD/USD Under Pressure Below 0.69 on Lower Oil The NZD/USD pair is seen trading with a heavy tone in the Asian session, with the prices surrendering 0.69 handle amid weakness across the commodities’ space. NZD/USD recovers from 0...
EURUSD Daily Forecast: April 04 2016 EURUSD Forecast The EURUSD had a bullish momentum last week topped at 1.1437. The bias is neutral in nearest term probably with a little bullish bias testing 1.1500 area which remains a good place to sell with a tight stop loss...
GBPUSD Daily Forecast: April 04 2016 GBPUSD Forecast The GBPUSD attempted to push higher last week topped at 1.4459 but whipsawed to the downside and closed lower at 1.4223. The bias is bearish in nearest term especially if price able to make a clear break below 1.4200 testing 1.4120...
USDJPY Daily Forecast: April 04 2016 USDJPY Forecast The USDJPY had a bearish momentum last week bottomed at 111.58 and hit 111.31 earlier today. The bias is bearish in nearest term testing 110.96 key support which is a good place to buy with a tight stop loss...
USDCHF Daily Forecast: April 04 2016 USDCHF Forecast The USDCHF had a bearish momentum last week bottomed at 0.9553. The bias is bearish in nearest term especially if price able to make a clear break and consistent movement below 0.9570 testing 0.9475. Immediate resistance is seen around 0.9625...
Japanese Firms’ Long-Term Inflation Expectations Weakened in March According to the latest Japanese Corporate Price Expectations survey, Japan’s companies see falling inflation expectations, which raised doubts whether the BOJ’s stimulus measures are yielding the expected results...
Asian Stocks Track Wall Street Higher After US Jobs Renewed optimism hit the Asian stock markets this Monday following better than expected US jobs data, and triggered a relief rally in the regions’ indices after last week’s steep declines...
Gold On a Tepid-Recovery Mode in Asia, Re-Takes $ 1220 Gold set-off the FOMC minutes’ week on a bearish note as mixed sentiment prevailed in the Asian session so far, with markets still mulling over the Fed interest rates prospects for this year...
AUD/USD Bears Taking Control After Bad Aussie Data AUD/USD dropped to the downside in a sell-off on the back of the Aussie retail sales that disappointed vs expectations. AUD/USD went from a recovery high of 0.7672 just prior to the release to 0...