Roberto Jacobs / Blog
USD/JPY Back on the Bids, Re-Takes Daily Pivot The bears are seen fighting hard over the last hour to win over control amid poor PMI reports from the Asian economies, while persisting risk-off moods also keeps the downside exposed in USD/JPY. USD/JPY sold-off at daily pivot (110...
FxWirePro: Aussie Gains Against Major Peers on Robust GDP Data AUD/NZD is trading around 1.0719 marks. Pair made intraday high at 1.0731 and low at 1.0646 marks. Today Australia released GDP data with positive numbers at 1.1% q/q vs 0.7% q/q (Revised from 0.6%) previous release...
FxWirePro: Nikkei225 Faces Strong Resistance at 17250, Good to Buy at Dips Major resistance - 17256 (100 W EMA ) Major support - 16635 (21 W MA) Nikkei index has made a high of 17250 and slightly retreated from that level. It is currently trading around 17125...
FxWirePro: South Korean Won Falls on the Back of Lower Than expected CPI Data USD/KRW is currently trading around 1190 levels. Overnight South Korea released CPI data with negative numbers. South Korea’s May CPI growth Y/Y decreases to 0.8 % (forecast 0.90 %) vs previous 1.0...
EURUSD Daily Forecast: June 01 2016 EURUSD Forecast The EURUSD attempted to push higher yesterday topped at 1.1173 but whipsawed to the downside and closed lower at 1.1130 and hit 1.1117 earlier today. The bias is bearish in nearest term testing the lower line of the bullish channel and 1...
GBPUSD Daily Forecast: June 01 2016 GBPUSD Forecast The GBPUSD had a bearish momentum yesterday after another failure to make a clear break above 1.4700 key resistance as you can see on my daily chart below, bottomed at 1.4464. The bias is bearish in nearest term testing 1.4350...
USDJPY Daily Forecast: June 01 2016 USDJPY Forecast The USDJPY failed to continue its bullish momentum yesterday and slipped below 110.65 key support as you can see on my H1 chart below...
USDCHF Daily Forecast: June 01 2016 USDCHF Forecast The USDCHF attempted to push lower yesterday bottomed at 0.9886 but whipsawed to the upside and hit 0.9946 earlier today. The bias is bullish in nearest term testing 1.0000. Immediate support is seen around 0.9925...
USD/CAD: Likely to Trade in New Range Between 1.30/1.35 - TDS Analysts from TDS expect the USD/CAD pair to continue to move to the upside, with an immediate target at 1.33 followed by 1.35 during the second semester...