Roberto Jacobs / Blog
Gold Sits Near 2-Week Lows Around $ 1230, Fed in focus Gold futures on Comex extend the sell-off for the third consecutive day this Tuesday, and hovers near the lowest levels since March 2, as all eyes remain on the upcoming central banks’’ events globally...
AUD/USD Sellers in Control post-RBA minutes, Below 0.7500 The AUD/USD pair extends losses for the second straight session this Tuesday, moving further away from eight month tops reached the day earlier, after the RBA minutes was read a tad more dovish than expected...
BOJ Preview: What to Expect in USD/JPY? Most market participants are expecting the Bank of Japan to leave its monetary policy unchanged today, following the dramatic and unexpected decision to set a negative interest rate program in its last meeting...
USD/JPY: Yen Better Bid Heading into BOJ Decision The JPY bulls fought back complete control and now defend mild gains versus the greenback post-China open, with USD/JPY once again sold-off near 114 handle. USD/JPY drops sharply to 5-DMA at 113...
EURUSD Daily Forecast: March 15 2016 EURUSD Forecast The EURUSD had a bearish momentum yesterday bottomed at 1.1077. The bias is bearish in nearest term but as long as stays above 1.1065 price is still in a bullish phase targeting a trend line resistance located around 1...
GBPUSD Daily Forecast: March 15 2016 GBPUSD Forecast The GBPUSD failed to continue its bullish momentum yesterday and hit 1.4271 earlier today. The bias is bearish in nearest term testing 1.1.4230. A clear break and daily close below that area could trigger further bearish pressure testing 1...
USDJPY Daily Forecast: March 15 2016 USDJPY Forecast The USDJPY was indecisive yesterday. There are no changes in my technical outlook. The bias remains neutral in nearest term probably with a little bullish bias testing 114.50...
USDCHF Daily Forecast: March 15 2016 USDCHF Forecast The USDCHF was corrected higher yesterday topped at 0.9881. The bias is neutral in nearest term probably with a little bullish bias testing 0.9930/50 but as long as stays below 1...
Currency Snapshot (Major Pairs) Dollar index trading at 96.55 (+0.39%) Strength meter (today so far) – Euro -0.34%, Franc -0.82%, Yen +0.12%, GBP -0.31% Strength meter (since last week) – Euro -0.34%, Franc -0.82%, Yen +0.12%, GBP -0.31% EUR/USD –...