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January 21st, 2019 @ 4:05 am by Setyo Wibowo

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EURUSD Forecast    
The EURUSD had a bearish momentum last week bottomed at 1.1353 after the false breakout above the range area as you can see on my daily chart below. The bias is bearish in nearest term testing 1.1270 – 1.1215 key support area. Immediate resistance is seen around 1.1410. A clear break above that area could lead price to neutral zone in nearest term testing 1.1450 but key resistance remains at 1.1500 – 1.1570 region which is a good place to sell with a tight stop loss as a clear break above 1.1570 would be a serious threat to the major bearish trend.

eurusddaily

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January 21st, 2019 @ 4:02 am by Setyo Wibowo

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GBPUSD Forecast
The GBPUSD was indecisive last week. Price attempted to push higher but rejected above 1.3000 and D1 EMA 200 as you can see on my daily chart below. The bias is neutral in nearest term probably with a little bearish bias testing 1.2800 region. Immediate resistance is seen around 1.2900 – 1.2930. A clear break above that area could trigger further bullish pressure retesting 1.3000 area which remains a good place to sell with a tight stop loss as a clear break above 1.3000 would be a serious threat to the major bearish trend.

gbpusddaily

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January 21st, 2019 @ 3:59 am by Setyo Wibowo

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USDJPY Forecast
The USDJPY had a bullish momentum last week topped at 109.88. The bias is bullish in nearest term testing 110.00 region which remains a good place to sell. Immediate support is seen around 109.00 area. A clear break below that area could lead price to neutral zone in nearest term testing 108.50/00 area. On the upside, a clear break and daily close above 110.00 would expose 111.25 area (D1 EMA 200).

usdjpydaily

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January 21st, 2019 @ 3:58 am by Setyo Wibowo

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USDCHF Forecast
The USDCHF had a bullish momentum last week topped at 0.9959. The bias remains bullish in nearest term especially if price able to make a clear break above 0.9950 testing 1.0000 region. Immediate support is seen around 0.9930. A clear break below that area could lead price to neutral zone in nearest term testing 0.9890 support area which need to be clearly broken to the downside to keep the bearish outlook intact.

usdchfh4

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January 18th, 2019 @ 5:03 am by Setyo Wibowo

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EURUSD Forecast    
The EURUSD had another insignificant movement yesterday. There are no changes in my technical outlook. The bias remains bearish in nearest term testing 1.1350 – 1.1300 region. Immediate resistance remains around 1.1450. A clear break above that area could lead price to neutral zone in nearest term retesting 1.1500 key resistance area which is a good place to sell. On the downside, A clear break below 1.1350/00 would expose 1.1270 – 1.1215 key support area.

eurusddaily

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January 18th, 2019 @ 4:59 am by Setyo Wibowo

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GBPUSD Forecast
The GBPUSD had a bullish momentum yesterday topped at 1.3001. The bias remains bullish in nearest term but note that 1.3000 region is a good place to sell with a tight stop loss as a clear break and daily/weekly close above 1.3000 would be a serious threat to the major bearish trend. Immediate support is seen around 1.2925. A clear break below that area could lead price to neutral zone in nearest term testing 1.2875 or lower.

gbpusddaily

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January 18th, 2019 @ 4:53 am by Setyo Wibowo

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USDJPY Forecast
The USDJPY was indecisive yesterday but overall still able to maintain its bullish phase after printed the bullish pin bar as you can see on my daily chart below. The bias remains bullish in nearest term testing 110.00 area which is a good place to sell. Immediate support is seen around 109.00. A clear break below that area could lead price to neutral zone in nearest term testing 108.70 – 108.35 support area. On the upside, a clear break and daily close above 110.00 would expose the D1 EMA 200 located around 111.25.

usdjpydaily

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January 18th, 2019 @ 4:51 am by Setyo Wibowo

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USDCHF Forecast
The USDCHF continued its bullish momentum yesterday topped at 0.9954. The bias remains bullish in nearest term especially if price able to make a clear break above 0.9950 testing 1.0000 region. Immediate support is seen around 0.9890. A clear break below that area could lead price to neutral zone in nearest term but would keep the bearish outlook alive and kicking testing 0.9850 or lower.

usdchfh4

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