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GBP/USD – Rejected at 10-DMA, Eyes UK Data GBP/USD’s attempt at recovering Friday’s loss ran out of steam near 5-DMA of 1.4241 in Asia and the spot is now trading around 1.4225 levels; largely unchanged on the day...
Analytics & Forecasts
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Roberto Jacobs, 4 April 2016, 07:48
RBA Likely to Highlight its Reluctance to Cut - TDS Research Team at TDS, suggests that tomorrow we have RBA meet...
Analytics & Forecasts
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Roberto Jacobs, 4 April 2016, 07:46
New Zealand’s PM Key: Yellen Doesn’t See an Enormous Amount of Pressure to Raise Rates in a Hurry Speaking at a press conference, New Zealand PM John Key commented on the Fed interest rates stance...
Analytics & Forecasts
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Roberto Jacobs, 4 April 2016, 07:44
USD/JPY Struggling to Extend Recovery Beyond 111.50 The USD/JPY pair is seen treading water around the mid-point of 111 handle, making minor recovery attempts from session lows amid mixed sentiment persisting on the markets...
Analytics & Forecasts
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Roberto Jacobs, 4 April 2016, 07:24
Australian Dollar Falls Against Majors The Australian dollar weakened against the other major currencies in the Asian session on Monday. The Australian dollar fell to an 8-day low of 85.02 against the yen, from last week's closing value of 85.69. The aussie dropped to 1...
Analytics & Forecasts
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Roberto Jacobs, 4 April 2016, 06:12
EURUSD Daily Forecast: April 04 2016 EURUSD Forecast The EURUSD had a bullish momentum last week topped at 1.1437. The bias is neutral in nearest term probably with a little bullish bias testing 1.1500 area which remains a good place to sell with a tight stop loss...
Analytics & Forecasts
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Roberto Jacobs, 4 April 2016, 05:52
GBPUSD Daily Forecast: April 04 2016 GBPUSD Forecast The GBPUSD attempted to push higher last week topped at 1.4459 but whipsawed to the downside and closed lower at 1.4223. The bias is bearish in nearest term especially if price able to make a clear break below 1.4200 testing 1.4120...
Analytics & Forecasts
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Roberto Jacobs, 4 April 2016, 05:51
USDJPY Daily Forecast: April 04 2016 USDJPY Forecast The USDJPY had a bearish momentum last week bottomed at 111.58 and hit 111.31 earlier today. The bias is bearish in nearest term testing 110.96 key support which is a good place to buy with a tight stop loss...
Analytics & Forecasts
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Roberto Jacobs, 4 April 2016, 05:49
Hello, how are you? Congratulations for your EA Fmonea ! It is a great EA ! I need 1 version of this robot , without the updates , 02/10/2015 Would you help me...
USDCHF Daily Forecast: April 04 2016 USDCHF Forecast The USDCHF had a bearish momentum last week bottomed at 0.9553. The bias is bearish in nearest term especially if price able to make a clear break and consistent movement below 0.9570 testing 0.9475. Immediate resistance is seen around 0.9625...
Analytics & Forecasts
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Roberto Jacobs, 4 April 2016, 05:48 #usdchf
Dutch voters will decide on Wednesday whether to support a European treaty deepening ties with Ukraine in a referendum that will test sentiment toward Brussels ahead of Britain's June Brexit vote and could also bring a boost for Russia...
Forecasts
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Francis Dogbe, 4 April 2016, 05:39
EURUSD has forced those with a bearish conviction to reconsider their outlook in recent weeks. The single currency is now up a healthy 570 pips since the March 10th ECB low at 1.0820 and a massive 880 pips since the December 3rd, 2015 ECB low at 1.0515...
Weekly Trends
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Francis Dogbe, 4 April 2016, 05:37 #Trading, forex
Gold On a Tepid-Recovery Mode in Asia, Re-Takes $ 1220 Gold set-off the FOMC minutes’ week on a bearish note as mixed sentiment prevailed in the Asian session so far, with markets still mulling over the Fed interest rates prospects for this year...
Analytics & Forecasts
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Roberto Jacobs, 4 April 2016, 04:48 #gold
AUD/USD Bears Taking Control After Bad Aussie Data AUD/USD dropped to the downside in a sell-off on the back of the Aussie retail sales that disappointed vs expectations. AUD/USD went from a recovery high of 0.7672 just prior to the release to 0...
Analytics & Forecasts
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Roberto Jacobs, 4 April 2016, 04:46
Go On Then, Sell Sterling If You Must - Socgen Kit Juckes, analyst at Societe Generale explained that if the broad dollar correction hasn't ended yet, and the US jobs data aren't driving the Treasury market anywhere in particular, what are we going to look at...
Analytics & Forecasts
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Roberto Jacobs, 4 April 2016, 04:40
CFTC Positioning: Net Long Dollars Reduced - ANZ Analysts at ANZ explained that leveraged funds reduced their net long USD positions by USD0.7bn to USD6.9bn...
Analytics & Forecasts
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Roberto Jacobs, 4 April 2016, 04:37
USD/JPY: Heavy Bearish Bias Below 112.00 USD/JPY is currently offered down to the mid point of the 111 handle and into congestive territory that should offer the bulls some support against the grain...
Analytics & Forecasts
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Roberto Jacobs, 4 April 2016, 04:32
Data in this report cover up to Tuesday March 29 & were released Friday April 1...
Analytics & Forecasts
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Vasilii Apostolidi, 3 April 2016, 22:19 #forex
EUR: EUR to Range Trade. Neutral. Yellen’s dovish speech has given support to EUR, pushing EURUSD through 1.14. We expect EURUSD could trade as high as 1.16/1.17 in a weak USD environment but expect the ECB will be uncomfortable with sustained strength near these levels...
Analytics & Forecasts
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Vasilii Apostolidi, 3 April 2016, 21:10 #forex