Roberto Jacobs / Profil

FxWirePro: AUD/USD Consolidates Above 61.8% Fib, Weakness to Resume on Close Below AUD/USD failed to close below 61.8% Fib of Jan to Apr rally (0.7212) on Thursday. The pair is now consolidating above the 61.8% Fib level and weakness to resume only on close below...

FxWirePro: NZD/USD Takes 100-DMA Support, Edges Higher from Fresh 2-Month Lows NZD/USD is recovering from new 2-month lows hit on Thursday after taking support by 100-DMA (currently at 0.6717...

Asian Markets Turn Higher, Gold Stable Above $1250 Major Asian indices are trading on a higher note on the quiet session of Friday. USD/JPY remains supported around 110.00 marks while Gold fails to break key support at $1242 and currently trading around $1255 marks...

FxWirePro: USD/JPY at a Near-Term Top, Upside Stalls at 110.38 Highs USD/JPY trades a narrow 22 pip range in the Asian session. Pair is likely approaching a near-term top. USD/JPY pair declined from highs near 110...

FxWirePro: ASX200 Faces Strong Support at 21 Day MA, Good to Buy at Dips Major resistance - 5400 Major Support - 5293 (21 day MA) ASX200 has taken support near 21 day MA and slightly jumped till 5360 at the time of writing. It is currently trading at 5355...

FxWirePro: Nikkei225 Faces Strong Support at 200 Day 4H MA, Good to Buy at Dips Major resistance - 16985 (11 May High) Major support - 16450 (200 day 4H MA) Nikkei index has slightly recovered after making a low of 16690. It is currently trading around 16690...

FxWirePro: USD/KRW Moving in a Tight Range, a Break of Either Side Provides Further Direction USD/KRW is currently trading around 1189 levels. It made intraday high at 1189 and low at 1186 levels. Intraday bias remains neutral for the moment...

FxWirePro: AUD/NZD Falls Below Key Support at 1.0705, Intraday Bias Remains Bearish AUD/NZD is trading around 1.0681 marks. Pair made intraday high at 1.0722 and low at 1.0679 marks. Intraday bias remains bearish for the moment. A daily close below 1.0700 will take the parity down towards 1...

FxWirePro: Singapore Dollar Erases Previous Loss Against US Dollar, Good to Sell on Rallies USD/SGD is currently trading around 1.3787 marks. It made intraday high at 1.3803 and low at 1.3780 levels. Intraday bias remains bearish till the time pair holds key resistance at 1.3828 levels...

EURUSD Daily Forecast: May 20 2016 EURUSD Forecast The EURUSD was indecisive yesterday and now struggling around the daily EMA 200 support as you can see on my daily chart below. The bias remains bearish in nearest term but note that we need a clear break below the daily EMA 200 and 1...

GBPUSD Daily Forecast: May 20 2016 GBPUSD Forecast The GBPUSD was indecisive yesterday. The bias is neutral in nearest term probably with a little bearish bias testing 1.4500 area. On the upside, key resistance remains around the daily EMA 200 located around 1.4700 region...

USDJPY Daily Forecast: May 20 2016 USDJPY Forecast The USDJPY was indecisive yesterday but overall still able to maintain its bullish bias. The bias remains bullish in nearest term testing 110.65. Immediate support remains around 119.50...

USDCHF Daily Forecast: May 20 2016 USDCHF Forecast The USDCHF continued its bullish momentum yesterday topped at 0.9922 as a bullish continuation after broke above 0.9795 key resistance. The bias remains bullish in nearest term testing 1.0000 area. Immediate support is seen around 0.9860...

Pound Bid on UK Retails Sales - ANZ Analysts at ANZ noted that there were very strong retail sales data for April for the UK overnight. Key Quotes: "Headline sales rose 1.3% m/m and March's fall was revised significantly to -0.5% vs -1.3...

FOMC Minutes Keeping Dollar Bid - FXStreet Valeria Bednarik, chief analyst at FXStreet explained that the hawkish tone of the FOMC Minutes kept the dollar running this Thursday, as investors were caught on the wrong side of the market when the Central Bank opened doors for a June rate hike...

Commodities: Oil Solid on Supply Disruption Concerns - ANZ Analysts at ANZ noted that commodities were weaker across the board as the stronger USD weighed on investor sentiment...

AUD/USD: In a Correction on Daily Lows of 0.7176 AUD/USD is currently trading at 0.7226 in a recovery and correction of the FOMC minutes slide that was extending this month's downside and April's reversal. The key focus overnight was with the Fed yet again after yesterday's hawkish minutes...

USD/JPY: Bid and Attempting Territory on 110 Again USD/JPY is losing the conviction on the 110 handle having been unable to progress to the mid point and has stalled at 110.37 highs. USD/JPY made lows of 109...