Roberto Jacobs / Blog
Gold Regains 5-DMA in Asia, ECB in Focus Gold trades moderately higher in the Asian trades, underpinned by risk-off markets and a broadly lower US dollar, as we head towards the ECB policy decision on the interest rates. Gold eyes 100-DMA Currently, gold now trades +0.11% higher at 1214...
Nikkei 225: Selling Intensifies as Yen Sinks, Rest of Asia Lower The Japanese stocks dive deeper into the red, extending losses from opening trades, as demand for the yen remains on the rise amid intensifying risk-off sentiment, after the sales-tax hike delay news re-ignited concerns over the Jap...
AUD/JPY on Free--Fall, 'Risk-Off' Rules AUD/JPY extended its sell-off on Thursday, last paid at 78.70/80 session lows, as the Japanese Yen continues to appreciate further, benefited by the risk averse sentiment in the market place, with the Nikkei 225 falling over 2% by lunch break...
EUR/USD Storms Through 1.1200 ahead of ECB The EUR/USD pace consolidated the overnight rally and now pierces through the 1.1200 barrier amid fresh selling seen in the greenback against its major peers. EUR/USD takes-out 100-DMA at 1.1207 Currently, EUR/USD trades 0...
USD/JPY Bounces-Off a Dip Below 109.00 on BOJ’s Sato The USD/JPY pair witnessed some aggressive selling last minutes, after the yen regained poise on the back of optimistic remarks on the Japanese economic outlook from the BOJ board member Sato. USD/JPY breaches 50-DMA support at 109...
BOJ's Sato: Believes it's Unnecessary to Persist in Hitting 2 Pct Inflation Target at All Costs Bank of Japan policy board member Takehiro Sato is crossing the wires, speaking at a meeting with business leaders, noting that believes it's unnecessary to persist in hitting 2 pct inflation target at...
EURUSD Daily Forecast: June 02 2016 EURUSD Forecast The EURUSD had a bullish momentum yesterday and hit 1.1197 earlier today...
GBPUSD Daily Forecast: June 02 2016 GBPUSD Forecast The GBPUSD continued its bearish momentum yesterday bottomed at 1.4385. The bias remains bearish in nearest term testing 1.4350. A clear break and daily close below that area could trigger further bearish scenario testing 1.4000 area...
USDJPY Daily Forecast: June 02 2016 USDJPY Forecast The USDJPY had a bearish momentum yesterday bottomed at 109.05. The bias is bearish in nearest term especially if price able to make a clear break below 109.10 targeting 107.70 this week. Immediate resistance is seen around 110.00 area...