Roberto Jacobs / Profile

AUD: NAB Business Survey Point to a Very Favourable Business Environment - NAB Research Team at NAB, notes that the NAB Business Survey continues to point to a very favourable business environment for Australian firms, despite giving up some of the strong gains witnessed in last month’s survey...

FxWirePro: USD/INR Breaks Key Support at 66.32, Good to Sell on Rallies USD/INR is currently trading at 66.32 marks. It made intraday high at 66.41 and low at 66.32 levels. Intraday bias remains bearish for the moment. A daily close below 66.32 will take the parity down around key supports at 66...

FxWirePro: USD/JPY Recovers Slightly from Fresh 18-Month Lows at 106.13, Good to Sell Rallies JPY bulls took a breather from their recent upsurge, USD/JPY is attempting a slight recovery from fresh 18-month lows at 106.13...

CAD: Canadian Dollar Flying High – BBH Research Team at BBH, suggests that the rising oil prices, a stand pat Fed with diminished chances of a Canadian rate cut, and a Bank of Canada that has not objected to the strength of the Canadian dollar has seen the Loonie's gains extended...

Leveraged Funds Increased AUD Net Longs - Westpac Research Team at Westpac, notes that the CFTC’s Commitment of Traders report showed that speculators were very much positioned the wrong way on the eve of Australia’s stunning inflation data...

Easing of Brexit Fears Helping in Sterling’s Surge - BBH Research Team at BBH, suggests that the broad dollar weakness and some apparently easing of Brexit fears helped lift sterling to two-month highs near $1.4665...

Gold: Remains On The Offensive Short Term GOLD: The commodity continues to face price offensive leaving risk higher in the days ahead. On the downside, support comes in at the 1,280.00 level where a break will turn attention to the 1,270.00 level...

Gold Sits at 15-month Tops Amid Broad Based USD Weakness The gold prices keep range near fifteen-month tops, having found solid support from negative Asian equities induced risk-off trades. Gold: $ 1300 – a whisker away Currently, gold trades modestly flat at 1292...

JPY: Little to Prevent Additional Strength - BBH Research Team at BBH, notes that the BOJ surprised and disappointed many investors by not easing policy despite cutting its growth and inflation forecast...

FxWirePro: AUD/USD Struggles at 0.76 Handle, Weak Business Confidence Weighs Poor NAB business confidence data weighs on the Aussie, AUD/USD hit session lows at 0.7592...

Nikkei Crashes Above 3 Pct, Gold Remains supported Around Fresh 15-month High at $1290 All the major Asian markets are trading in red on the start of a new week. On the top, Nikkei crashes above 3 pct while Gold remains supported around fresh 15 –month high at $1290 marks...

EURUSD Daily Forecast: May 02 2016 EURUSD Forecast The EURUSD had a bullish momentum last week topped at 1.1459 and hit 1.1481 earlier today. The bias is bullish in nearest term testing 1.1500 – 1.1560 region. Immediate support is seen around 1.1400...

GBPUSD Daily Forecast: May 02 2016 GBPUSD Forecast The GBPUSD continued its bullish momentum last week topped at 1.4670. The bias is bullish in nearest term but as you can see on my daily chart below, we have a Doji after price touched 1.4670 resistance suggests a potential bearish pullback...

RBA Preview: Not So Rosy - ING Research Team at ING, suggests that the dismal 1Q16 CPI data is a game-changer for AUD as we near the RBA rate decision. Key Quotes The Australian economy looks in decent shape right now. While we think there may be some downside risks to 2016 GDP growth (ING: 2...

USDJPY Daily Forecast: May 02 2016 USDJPY Forecast The USDJPY had a strong bearish momentum last week, broke below 107.60 key support after BOJ decision to hold monetary policy and closed at 106.29. The bias is bearish in nearest term testing 105.00 area. Immediate resistance is seen around 107...

USDCHF Daily Forecast: May 02 2016 USDCHF Forecast The USDCHF had a bearish momentum last week, broke below the bullish channel and 0.9715 support area as you can see on my daily chart below, bottomed at 0.9569. The bias is bearish in nearest term testing 0.9470...

FxWirePro: USD/SGD Hovers Around Key Support at 1.3420, Intraday Bias Remains Neutral USD/SGD is currently trading around 1.3432 marks It made intraday high at 1.3455 and low at 1.3424 levels. Intraday bias remains neutral till the time pair holds initial support at 1.3420 levels...

FxWirePro: ASX200 Faces Strong Support at 200 Day MA, Good to Buy at Dips Major resistance - 5300 Major Support - 5140 (200 day MA) ASX200 has recovered after making a low of 5179 at the time of writing. It is currently trading at 5216...

USD/JPY Bulls Fighting for Control, 107 Back on Sight? The recovery in the Japanese equities offers a fresh boost to the USD/JPY pair, now pushing the prices back towards daily highs near 106.70 region...