Roberto Jacobs / Blog
EUR/JPY Close to Over Three-Year Low Level of 121.00 The EUR/JPY cross seems to digest its Thursday's sharp fall and is now trending lower for fourth consecutive day to currently trade just shy of over three-year low level of 121.00 touched yesterday...
ECB Review: Few Surprises – RBS Research Team at RBS, notes that as expected the ECB left all its key policy settings unchanged but still left the door open to some further easing if needed...
EURUSD Daily Forecast: June 03 2016 EURUSD Forecast The EURUSD failed to continue its bullish momentum yesterday and closed back below the daily EMA 200 as you can see on my daily chart below...
GBPUSD Daily Forecast: June 03 2016 GBPUSD Forecast The GBPUSD attempted to push higher yesterday topped at 1.4472 but whipsawed to the downside and closed lower at 1.4420. The bias remains bearish in nearest term testing 1.4350...
USDJPY Daily Forecast: June 03 2016 USDJPY Forecast The USDJPY continued its bearish momentum yesterday bottomed at 108.52. The bias remains bearish in nearest term testing 108.00 – 107.70. Immediate resistance is seen around 109.15...
FxWirePro: USD/JPY Edges Higher from 3-Week Low of 108.50,rejected Above 109 Handle, Caution ahead of NFP Renewed bout of risk-aversion in the markets after the Chinese services PMI deteriorated in May, reinforced China slowdown fears and supported Yen buying...
FxWirePro: USD/SGD Hovers Around 1.3750 Mark, Good to Buy on Dips USD/SGD is currently trading around 1.3752 marks. It made intraday high at 1.3763 and low at 1.3741 levels. Intraday bias remains bullish till the time pair holds key support at 1.3721 levels. A daily close below 1...
FxWirePro: ASX200 Recovers After Making a Low of 5270, Good to Sell on Rallies Major resistance - 5350 Major Support - 5300 (200 day 4 H MA) ASX200 has recovered till 5332 at the time of writing after making a low of 5269 . It is currently trading at 5312...
A Big Picture View of YEN and YUAN is Quite Revealing I just wanted to update the interesting comparison chart of the USD vs YEN (upper chart) and the USD vs. YUAN (lower chart...