Roberto Jacobs / Profile

NZD/USD Reverses Post-RBNZ Rally, Flirts with 0.6900 The NZD/USD pair retreats nearly half the RBNZ-led rally and now wavers around 0.69 handle as markets come to terms with an outrightly dovish RBNZ stance at its policy meeting earlier today...

FxWirePro: Nikkei225 Faces Strong Support at 17200, Good to Buy at Dips Major resistance - 17200 (55 day 4 HEMA) Nikkei index is trading slightly positive around 0.31% in the morning session after Fed have kept interest rates unchanged.But markets awaits BOJ decision for further direction...

EURUSD Daily Forecast: April 28 2016 EURUSD Forecast The EURUSD was indecisive yesterday. Price attempted to push higher, topped at 1.1361 but closed lower at 1.1319 after touched my trend line resistance as you can see on my H4 chart below. The bias remains neutral in nearest term...

GBPUSD Daily Forecast: April 28 2016 GBPUSD Forecast The GBPUSD was indecisive yesterday. The bias is neutral in nearest term. My major technical outlook remains neutral with key intraday resistance seen around 1.4670 as you can see on my H4 chart below. As long as stay below 1...

USDJPY Daily Forecast: April 28 2016 USDJPY Forecast The USDJPY had another indecisive movement yesterday but overall still able to maintain its bullish intraday bias and hit 111.88 earlier today. The bias remains bullish in nearest term testing 112.50. Immediate support is seen around 111.00...

USDCHF Daily Forecast: April 28 2016 USDCHF Forecast The USDCHF had another indecisive movement yesterday. Price attempted to push lower but still unable to make a clear break and consistent movement below 0.9715 so far. The bias is neutral in nearest term. Immediate resistance is seen around 0...

FxWirePro: AUD/USD Hits 10-Days Low, Bias Back to Downside AUD/USD declined sharply on Wenesday as Australian dollar was weighed down by less than expected inflation reading. The antipodean currency declined sharply, despite the broad dollar sell off across the board...

USD/CHF Spikes Above 0.9750 but Fails to Sustain Gains USD/CHF spiked to fresh daily highs as the greenback strengthened broadly on the back of Fed’s statement on monetary policy. The Fed left the target range for the fed funds unchanged at 0.25%-0...

FOMC: No Change in Forward Guidance - BBH Analysts at Brown Brothers Harriman explained that the Fed's forward guidance has not changed. Key Quotes: "It is looking through the economic soft patch and expects the growth to strengthen...

AUD/USD: This Ship in Going Down, Target 0.7490 AUD/USD has suffered a blow on the FOMC, despite there not being a hint of hawkishism and the Fed on hold yet again, the dollar has relished in some of the content in the statement. AUD/USD was on a downward trajectory from highs of 0...

Fed Statement Leaves Door Open, No Signal of Imminent June Hike - ING Rob Carnell, Chief International Economist at ING explains that it is a relief that the Federal Reserve did not flag a potential June hike and affirmed that the commitment remains data dependent...

USD/JPY Rises to Test Weekly Highs After FOMC A stronger US dollar boosted the USD/JPY pair that rose from 111.25 to 111.75 after the decision of the Federal Reserve to leave rates unchanged. Afterwards it pulled back and it was trading around 111.50/60...

GBP/USD: Offered on Dollar Positives in Statement The Fed left rates on hold with the Fed Funds Rate in the range of 0.25% to 0.50%, and offered less than hawkish statement that, "The stance of monetary policy remains accommodative...

Fed Leaves Policy Unchanged, Removes Reference to Global Events Posing Risks The Federal Reserve decided to leave the target range for the fed funds unchanged at 0.25%-0.50% as widely expected, and gave no clear signs whether the bank will hike rates at the June 14-15 meeting...

EUR/USD Drops After Fed Decision EUR/USD dropped from 1.1343 (6-day high) back below 1.1300 after the decision of the Federal Reserve to leave rates unchanged as expected. The central bank removed the reference to global developments and boosted the US dollar across the board...

Full Statement FOMC Meeting Apr 26-27, 2016 Release Date: April 27, 2016 For release at 2:00 p.m. EDT Information received since the Federal Open Market Committee met in March indicates that labor market conditions have improved further even as growth in economic activity appears to have slowed...

FxWirePro: Gold Inches Higher As Dollar Weakens ahead of Fed Policy Gold inched higher on Wednesday as US dollar was modestly weaker on expectation that Federal Reserve would strike a dovish tone ahead of Federal Reserve policy statement...