Roberto Jacobs / Profile

AUD/USD Bulls Relieved on China Data AUD/USD is little changed on the release of the Chinese CPI and PPI data and the bulls can relax. Chinese producer price index y/y for Feb came in line with expectations of -4.9% vs -5.3% prior. The consumer price index mom for Feb beat expectations of 1...

USD/JPY Recovery Stalls Near 113.70 Post-China CPI A fresh spurt of buying interest gripped the USD/JPY pair over the last hour, after markets were relieved somewhat after the Chinese CPI figures unexpectedly rose in Feb...

EURUSD Daily Forecast: March 10 2016 EURUSD Forecast The EURUSD attempted to push lower yesterday bottomed at 1.0945 but closed higher at 1.0990. The bias is neutral in nearest term probably with a little bearish bias retesting 1.0945...

GBPUSD Daily Forecast: March 10 2016 GBPUSD Forecast The GBPUSD was indecisive yesterday. The bias is neutral in nearest term. Immediate support is seen around 1.4170. A clear break below that area could trigger further bearish pressure testing 1.4130 – 1...

USDJPY Daily Forecast: March 10 2016 USDJPY Forecast The USDJPY failed to continue its bearish momentum yesterday topped at 113.45 and hit 113.68 earlier today. This fact keeps the double bottom bullish scenario remains strong. The bias is bullish in nearest term testing 114.00/50 area...

USDCHF Daily Forecast: March 10 2016 USDCHF Forecast The USDCHF attempted to push higher yesterday topped at 1.0040 but whipsawed to the downside and closed lower at 0.9971. The bias is neutral in nearest term probably with a little bearish bias testing 0.9900 region. On the upside, 1...

USD/JPY: Go Long on Dips to 112.00 – Westpac Occasional dips towards the 112.00 area in USD/JPY are considered as buying opportunities, according to strategists at Westpac. Key Quotes “USD/JPY has not been able to break back above 114...

EUR/JPY Off Lows as JPY Selling Underway in NY session The offered tone around JPY gathered traction in the NY session, helping the EUR/JPY cross trim losses to trade around 123.50 levels...

EUR/USD Drops Further, Visits 1.0950 The shared currency keeps losing altitude on Wednesday, now sending EUR/USD to fresh daily troughs in the mid-1.0900s. EUR/USD cautious ahead of ECB Spot is prolonging its daily pullback from overnight tops near 1...

Technical Analysis of NZD/USD for March 09, 2016 Overview: The NZD/USD pair sharply rose from the level of 0.6723 towards 0.6790. Now, the price is set at 0.6779. The resistance is seen at the level of 0.6820. Moreover, the price area of 0.6820 - 0.6815 remains a significant resistance zone...

Technical Analysis of USD/CHF for March 09, 2016 Overview: The USD/CHF pair continues to move upwards from the level of 0.9887. The pair rose from the level of 0.9887 to a top around 1.0028. Today, the first resistance level is seen at 1.10075 followed by 1...

USD/CAD Intraday Technical Levels and Trading Recommendations for March 9, 2016 A bullish breakout above the previous consolidation zone between 1.2400 and 1.2800 was performed on July 15 (shown on the weekly chart). A significant bearish rejection was observed around 1.3450...

GBP/USD Fails to Sustain Intraday Gains, Falls Back Below 1.4200 GBP/USD advanced to daily highs during the European session following a string of mostly upbeat UK data. GBP/USD climbed to a peak of 1.4240, but failed to sustain gains and retreated to the 1...

AUD/USD in Fresh Highs Near 0.7500 The bullish momentum around the Aussie dollar remains unabated so far, now lifting AUD/USD to the boundaries of 0.7500 the figure. AUD/USD in multi-month peaks The pair continues its march north today, visiting levels last traded in July 2015 around the 0...