Roberto Jacobs / Blog
FXWIREPRO: Gold Rebounds from the One-Month Low After Dovish Speech by Fed Chair Yellen XAU/USD is currently trading around $1235 mark. It made intraday high at $1242 and low at $1236 levels...
FXWIREPRO: AUD/NZD Hovers Around Key Support at 1.1128, Good to Buy on Dips AUD/NZD is trading around 1.1129 marks. Pair made intraday high at 1.1141 and low at 1.1105 marks. Intraday bias remains bullish till the time pair holds initial support level at 1.1105 levels. A daily close below 1...
Japan Industrial Output Tumbles 6.2% In February Industrial production in Japan fell a seasonally adjusted 6.2 percent on month in February, the Ministry of Economy, Trade and Industry said in Wednesday's preliminary reading - marking the largest single-month decline in five years...
Japanese Yen Gains Despite Lower Than expected Industrial Production Data USD/JPY is currently trading around 112.60 marks. It made intraday high at 112.80 and low at 112.39 levels. Japanese industrial output fell sharply in February after shipments dropped...
EURUSD Daily Forecast: March 30 2016 EURUSD Forecast The EURUSD continued its bullish momentum yesterday topped at 1.1303. As you can see on my H1 chart below, price slipped above the trend line resistance. The bias remains bullish in nearest term testing 1.1350 – 1...
GBPUSD Daily Forecast: March 30 2016 GBPUSD Forecast The GBPUSD continued its bullish momentum yesterday topped at 1.4404. The bias remains bullish in nearest term especially if price able to make a clear break and consistent movement above 1.4400 testing 1.4500 region...
USDJPY Daily Forecast: March 30 2016 USDJPY Forecast The USDJPY had a bearish momentum yesterday and hit 112.39 earlier today. The bias is bearish in nearest term testing 112.00 – 111.75 area. Immediate resistance is seen around 113.00...
USDCHF Daily Forecast: March 30 2016 USDCHF Forecast The USDCHF had a bearish momentum yesterday bottomed at 0.9657. The bias is bearish in nearest term testing 0.9570 area. Immediate resistance is seen around 0.9715...
US: Consumers Remain Frustrated by Sluggish Income Growth - Wells Fargo According to analysts from Wells Fargo, despite the increase in consumer confidence in March, the headline looks better than the underlying details as consumers remain frustrated by sluggish income growth...