Roberto Jacobs / Blog
Japanese Yen Gains on the Back of Higher Than Expected Household Spending Data USD/JPY is currently trading around 113.32 marks. It made intraday high at 113.48 and low at 113.28 levels. Japanese household spending rose for the first time in six months in February. Household spending rose 1...
Japan Household Spending Climbs 1.2% In February The average of household spending in Japan advanced 1.2 percent on year in February, the Ministry of Internal Affairs and Communications said on Tuesday - standing at 269,774 yen. That topped expectations for a decline of 1...
EURUSD Daily Forecast: March 29 2016 EURUSD Forecast The EURUSD had a bullish momentum yesterday topped at 1.1219. The bias is bullish in nearest term especially if price able to make a clear break and consistent movement above 1.1220 retesting the trend line resistance and 1.1280 – 1...
GBPUSD Daily Forecast: March 29 2016 GBPUSD Forecast The GBPUSD had a bullish momentum yesterday topped at 1.4282. The bias is bullish in nearest term testing 1.4300 – 1.4400 region as a part of the bullish phase since rejection to move below 1...
USDJPY Daily Forecast: March 29 2016 USDJPY Forecast The USDJPY didn’t make significant movement yesterday but overall still able to maintain its bullish bias and still prints higher high and low on daily chart. The bias remains bullish in nearest term testing 114...
USDCHF Daily Forecast: March 29 2016 USDCHF Forecast The USDCHF had a moderate bearish momentum yesterday bottomed at 0.9722. The bias is neutral in nearest term, probably with a little bearish bias testing 0...
Dollar Attempting A Comeback From Early Weakness The dollar dropped against its major European competitors Monday morning, but has begun to pare those losses this afternoon. Markets in Europe are closed today for the Easter holiday and U.S. economic data was largely positive this morning...
FXWIREPRO: GBP/USD Strongly Bearish Despite Upside Attempts GBP/USD rebounded strongly towards 1.4280 levels earlier in mid European session. However, the pair turned back after failing to break resistance level 1.4286, as the pound ran out of strength against US dollar...
FXWIREPRO: USD/JPY Pauses Decline, Scope for Further Upside USD/JPY has paused its declined as positive pending home sales data released earlier in the US session limited the pairs downside. Further downside is expected to be limited as the pair finds strong support at 113...