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February 15th, 2019 @ 5:04 am by Setyo Wibowo

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EURUSD Forecast
The EUR/USD failed to continue its bearish momentum yesterday topped at 1.1309 after rejected below 1.1270 as you can see on my daily chart below. The bias is bullish in nearest term testing 1.1350 – 1.1400 region. On the downside, 1.1270 – 1.1215 remains a key support and good place to buy with a tight stop loss below 1.1215 as a clear break below that area would resume the major bearish trend testing 1.1125 region.

eurusddaily

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February 15th, 2019 @ 5:03 am by Setyo Wibowo

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GBP/USD Forecast
The GBP/USD continued its bearish momentum yesterday bottomed at 1.2772. The bias remains bearish in nearest term as a part of the false breakout bearish scenario testing 1.2675 region. Immediate resistance is seen around 1.2850. A clear break above that area could lead price to neutral zone in nearest term testing 1.2900 region but as long as stay below 1.3000 I still prefer a bearish scenario at this phase and any upside pullback should be seen as a good opportunity to sell.

gbpusddaily

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February 15th, 2019 @ 4:57 am by Setyo Wibowo

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USDJPY Forecast
The USD/JPY had a bearish momentum yesterday after rejected above the daily EMA 200 as you can see on my daily chart below. The bias is bearish in nearest term testing 110.00 support area. A clear break below 110.00 could trigger further bearish pressure testing 109.50 or lower. On the upside, a clear break and daily/weekly close above 111.00 (EMA 200) would resume the bullish pin bar scenario testing 112.00/20 region.

usdjpydaily

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February 15th, 2019 @ 4:48 am by Setyo Wibowo

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USDCHF Forecast
The USD/CHF had a bearish momentum yesterday bottomed at 1.0044 after rejected above 1.0095 key resistance area as you can see on my daily chart below. The bias is bearish in nearest term testing 1.0000 region. Immediate resistance is seen around 1.0075. A clear break above that area could lead price to neutral zone in nearest term retesting 1.0095 region which remains a good place to sell with a tight stop loss as a clear break above 1.0095 would expose 1.0150/70 region.

usdchfdaily

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February 14th, 2019 @ 5:19 am by Setyo Wibowo

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EUR/USD Forecast
The EUR/USD had a bearish momentum yesterday bottomed at 1.1259. The bias is bearish in nearest term but note that 1.1270 – 1.1215 area remains a key support and good place to buy with a tight stop loss below 1.1215 as a clear break and daily close below that area would resume the major bearish trend testing 1.1125 region. Immediate resistance is seen around 1.1300. A clear break above that area could lead price to neutral zone in nearest term testing 1.1350 area but as long as stay below 1.1500 – 1.1570 I still prefer a bearish scenario and any upside pullback should be seen as a good opportunity to sell.

eurusddaily

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February 14th, 2019 @ 5:18 am by Setyo Wibowo

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GBP/USD Forecast
The GBP/USD attempted to push higher yesterday topped at 1.2957 but whipsawed to the downside and closed lower at 1.2845. The bias is bearish in nearest term testing 1.2800. A clear break and daily close below that area could trigger further bearish pressure testing 1.2675 area. Immediate resistance is seen around 1.2900. A clear break above that area could lead price to neutral zone in nearest term but as long as stay below 1.3000 I still prefer a bearish scenario and any upside pullback should be seen as a good opportunity to sell.

gbpusddaily

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February 14th, 2019 @ 5:17 am by Setyo Wibowo

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USD/JPY Forecast
The USD/JPY had a bullish momentum yesterday and now struggling around the daily EMA 200 located around 111.00 region as you can see on my daily chart below. The bias is bullish in nearest term especially if price able to make a clear break above 111.00 targeting 112.20 region. Immediate support is seen around 110.65. A clear break below that area could lead price to neutral zone in nearest term testing 110.00 region which is a good place to buy with a tight stop loss as a clear break back below that area after rejected above EMA 200 could trigger significant bearish pressure.

usdjpydaily

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February 14th, 2019 @ 5:16 am by Setyo Wibowo

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USD/CHF Forecast
The USD/CHF attempted to push lower yesterday bottomed at 1.0043 but closed higher at 1.0091. The bias is bullish in nearest term but note that 1.0095 remains a key resistance and good place to sell with a tight stop loss as a clear break and daily close above 1.0095 would expose 1.0150/70 region. Immediate support is seen around 1.0040. A clear break below that area could lead price to neutral zone in nearest term testing 1.0000 region.

usdchfdaily

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