Forex Academy Quick Links:
Language:
English

2014 May

May 2nd, 2014 @ 3:45 am by Setyo Wibowo

Click here to read the full article.

USDCHF Forecast

The USDCHF didn’t make significant movement yesterday. The bias is neutral in nearest term probably with a little bullish bias but as long as stays below 0.8870 I still prefer a bearish scenario at this phase retesting 0.8740 or lower.

usdchfhourly

Click here to read the full article.

May 1st, 2014 @ 2:46 am by Setyo Wibowo

Click here to read the full article.

EURUSD Forecast        

The EURUSD attempted to push lower yesterday, bottomed at 1.3772 but whipsawed to the upside and now retesting 1.3878 resistance area. The bias is bullish in nearest term especially if price able to make a clear break above 1.3878 testing 1.3900 – 1.3960 before challenging 1.4000 as a part of the ascending triangle bullish scenario on daily chart. Immediate support is seen around 1.3850. A clear break below that area could lead price to neutral zone in nearest term testing 1.3800 – 1.3780.

eurusdhourly

Click here to read the full article.

May 1st, 2014 @ 2:41 am by Setyo Wibowo

Click here to read the full article.

GBPUSD Forecast

The GBPUSD had a bullish momentum yesterday topped at 1.6899. The bias is bullish in nearest term testing 1.6950 – 1.7000. Immediate support is seen around 1.6850. A clear break below that area could lead price to neutral zone in nearest term testing 1.6800 or lower but overall I still prefer a bullish scenario at this phase.

gbpusddaily

Click here to read the full article.

May 1st, 2014 @ 2:37 am by Setyo Wibowo

Click here to read the full article.

USDJPY Forecast

The USDJPY had a bearish momentum yesterday bottomed at 102.01. The bias remains neutral in nearest term probably with a little bearish bias testing 101.80 support area. Immediate resistance is seen around 102.35. A clear break above that area could trigger further bullish pressure testing 102.70 –  103.00. As long as stays above the trend line support, my overall technical outlook remains bullish.

usdjpydaily

Click here to read the full article.

May 1st, 2014 @ 2:33 am by Setyo Wibowo

Click here to read the full article.

USDCHF Forecast

The USDCHF failed to continue its bullish momentum yesterday, bottomed at 0.8790. The bias is bearish in nearest term testing 0.8740. Immediate resistance is seen around 0.8815. A clear break above that area could lead price to neutral zone in nearest term. Overall , as long as stays below 0.8870 I still prefer a bearish scenario at this phase.

usdchfhourly

Click here to read the full article.

Our Global Forex Community

Follow us on Twitter! Join us on Facebook! Watch us on YouTube! Stumble Us!

Advertising

Next Free Forex Webinar

Free Market Commentaries

Advertising

Blog Archive

Forex Links

Educational Partners

The Geek Knows
AgriMoney.com
Traders' Magazine

Finance Blogs Blogarama - The Blog Directory