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2013 July

July 26th, 2013 @ 8:17 am by Setyo Wibowo

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EURUSD Forecast

The EURUSD had a bullish momentum yesterday topped at 1.3295. The bias is bullish in nearest term testing 1.3300 – 1.3400 region. Immediate support is seen around 1.3250. A clear break below that area could lead price to neutral zone in nearest term but only a clear break below 1.3170/50 could interrupt the current bullish outlook.

eurusdhourly

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July 26th, 2013 @ 8:14 am by Setyo Wibowo

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GBPUSD Forecast

The GBPUSD had a bullish momentum yesterday topped at 1.5433. The bias is bullish in nearest term testing 1.5480. Immediate support is seen around 1.5350. A clear break below that area could lead price to neutral zone in nearest term but only a clear break at least below 1.5300 could interrupt the current bullish outlook.

gbpusddaily

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July 26th, 2013 @ 8:10 am by Setyo Wibowo

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USDJPY Forecast

The USDJPY failed to continue its bullish momentum yesterday and hit 98.62 earlier today. The bias is bearish in nearest term testing 98.50/00 key support. A clear break and daily/weekly close below that area could be an early signal of a bearish reversal scenario testing 96.70. Immediate resistance is seen around 99.50. A clear break above that area could lead price to neutral zone in nearest term.

usdjpydaily

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July 26th, 2013 @ 8:05 am by Setyo Wibowo

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USDCHF Forecast

The USDCHF had a bearish momentum yesterday bottomed at 0.9283. The bias is bearish in nearest term testing 0.9250 – 0.9180. Immediate resistance is seen around 0.9320. A clear break above that area could lead price to neutral zone in nearest term but only a clear break above 0.9350 – 0.9400 could interrupt the current bearish outlook.

usdchfhourly

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July 25th, 2013 @ 6:53 am by Setyo Wibowo

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EURUSD Forecast

The EURUSD was indecisive yesterday. The bias is neutral in nearest term. Overall price is still in a bullish phase, still making higher lows and highs with nearest target seen around 1.3300 and 1.3400 but still unable to make a clear movement above 1.3200 so far. Key intraday support is seen around 1.3170/50. A clear break and daily close below that area will interrupt the bullish phase testing 1.3100 region.

eurusdhourly

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July 25th, 2013 @ 6:43 am by Setyo Wibowo

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GBPUSD Forecast

The GBPUSD was corrected lower yesterday bottomed at 1.5288 but traded higher earlier today hit 1.5357. The bias is neutral in nearest term but as long as stays above 1.5250 price is still in a valid bullish phase. Immediate resistance is seen around 1.5380. A clear break above that area could trigger further bullish momentum testing 1.5440/80. On the downside, a clear break and daily close below 1.5250 will interrupt the bullish outlook.

gbpusddaily

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July 25th, 2013 @ 6:39 am by Setyo Wibowo

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USDJPY Forecast

The USDJPY had a bullish momentum yesterday topped at 100.44 but traded lower earlier today hit 99.83. The bias is neutral in nearest term. As long as stays above 98.50/00 I still prefer a bullish scenario but needs a clear break and daily close above 100.80 strong resistance to continue the bullish scenario. On the downside, a clear break below 98.50/00 will interrupt the bullish outlook testing 96.70.

usdjpydaily

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July 25th, 2013 @ 6:34 am by Setyo Wibowo

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USDCHF Forecast

The USDCHF didn’t make significant movement yesterday. The bias is neutral in nearest term. Immediate resistance is seen around 0.9400. A clear break and daily close above that area could trigger further bullish pressure testing 0.9460 – 0.9500 area. On the downside, we need a consistent movement below 0.9350/20 to continue the bearish scenario after fell from 0.9750.

usdchfhourly

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