Roberto Jacobs / Blog
Asian Stocks headed for Weekly Rise, Higher Oil Underpins The Asian equities trade on a firmer note this Friday, having reversed almost half the post-Brexit slump, and now remain poised to book weekly gain as markets continue to speculate fresh stimulus measures from the global central banks to c...
Gold Builds on Overnight Gains, Spikes to $ 1330 Gold extended its three-day winning streak and spiked higher over the last hour, heading for its fifth straight weekly gains, as the greenback turned negative across the board amid risk-on market profile. Gold holds above 5-DMA support at $ 1320...
FxWirePro: AUD/NZD Falls Below 1.0450 Mark, Faces Key Support at 1.0416 AUD/NZD is trading around 1.0432 marks. Pair made intraday high at 1.0454 and low at 1.0422 marks. Short term bias remains highly neutral till the time pair holds key support at 1.0416 marks...
FxWirePro: NZD/USD Intraday Bias Higher, Good to Go Long on Dips According to an ANZ survey yesterday, New Zealand business confidence soared to a six-month high in June. The ANZ composite growth indicator that combines consumer as well as business confidence is giving a solid mandate for growth...
FxWirePro: EUR/JPY Edges Lower from Session Highs at 114.74, Intarday Bias Neutral EUR/JPY has edged lower from session highs at 114.74, but is holding above 5-DMA at 113.87. Poor Chinese data and deteriorating investors’ sentiment likely to keep demand for the Yen intact...
FxWirePro: USD/SGD Hovers Around Key Support at 1.3451 Mark, Bias Remains Neutral USD/SGD is currently trading around 1.3460 marks. It made intraday high at 1.3482 and low at 1.3443 levels. Intraday bias remains neutral till the time pair holds key support at 1.3451 levels. A daily close below 1...
FxWirePro: Silver Up by 1.6 Pct at $18.98, Marks Fresh High Since September 2014 XAG/USD is currently trading around $18.95 marks. It made intraday high at $18.98 and low at $18.68 levels. Intraday bias remains bullish till the time pair holds immediate support at $18.45 marks...
EURUSD Daily Forecast: July 01 2016 EURUSD Forecast The EURUSD attempted to push lower yesterday bottomed at 1.1024 but whipsawed to the upside and closed higher at 1.1106. The bias is neutral in nearest term. As long as stay below 1.1200 my overall technical bias remains bearish targeting 1.0700...
GBPUSD Daily Forecast: July 01 2016 GBPUSD Forecast The GBPUSD had a bearish momentum yesterday bottomed at 1.3205 but closed higher at 1.3307.The bias is bearish in nearest term testing 1.3120 area. Immediate resistance is seen around 1.3380...