Forex Academy Quick Links:
Language:
English

2014 April

April 25th, 2014 @ 3:09 am by Setyo Wibowo

Click here to read the full article.

USDJPY Forecast

The USDJPY was indecisive yesterday. There are no changes in my technical outlook. The bias remains neutral in nearest term. Important intraday range to be closely watched is seen between 102.15 – 102.70. A clear break below 102.15 could trigger further bearish pressure testing 101.70/50. O the other hand, a clear break above 102.70 could trigger further bullish pressure testing 103.00 or higher. As long as stays above the trend line support, my overall technical outlook remains bullish.

usdjpydaily

Click here to read the full article.

April 25th, 2014 @ 2:58 am by Setyo Wibowo

Click here to read the full article.

USDCHF Forecast

The USDCHF was indecisive yesterday. The bias remains neutral in nearest term. Immediate support remains around 0.8815. A clear break below that area could trigger further bearish pressure testing 0.8740. Overall I still prefer a bearish scenario at this phase unless price breaks above 0.8870.

usdchfhourly

Click here to read the full article.

April 24th, 2014 @ 3:22 am by Setyo Wibowo

Click here to read the full article.

EURUSD Forecast        

The EURUSD attempted to push higher yesterday, slipped above 1.3850 but failed to consistently move above that area and closed at 1.3815. There has been no significant movement so far. There are no changes in my technical outlook. The bias remains neutral in nearest term. Important intraday range to be closely watched is seen between 1.3780 – 1.3850. A clear break below 1.3780 could trigger further bearish pressure testing 1.3750 – 1.3700. On the other hand,  a clear break above 1.3850 could trigger further bullish pressure testing 1.3900 before challenging 1.4000. The ascending triangle bullish scenario on daily chart remains valid and I still prefer a bullish scenario at this phase.

eurusdhourly

Click here to read the full article.

April 24th, 2014 @ 3:19 am by Setyo Wibowo

Click here to read the full article.

GBPUSD Forecast

The GBPUSD had a moderate bearish momentum yesterday after another failure to make a clear break above 1.6820. The bias is neutral in nearest term. Immediate support is seen around 1.6750 followed by 1.6700. On the upside, we need a clear break above 1.6820 to continue the bullish scenario testing 1.6850 – 1.6900. Overall I still prefer a bullish scenario at this phase.

gbpusddaily

Click here to read the full article.

April 24th, 2014 @ 3:15 am by Setyo Wibowo

Click here to read the full article.

USDJPY Forecast

The USDJPY attempted to push lower yesterday bottomed at 102.15 but closed higher at 102.48. There has been no significant movement so far. The bias is neutral in nearest term. Important intraday range to be closely watched is seen between 102.15 – 102.70. A clear break below 102.15 could trigger further bearish pressure testing 101.70/50. O the other hand, a clear break above 102.70 could trigger further bullish pressure testing 103.00 or higher. As long as stays above the trend line support, my overall technical outlook remains bullish.

usdjpydaily

Click here to read the full article.

April 24th, 2014 @ 3:11 am by Setyo Wibowo

Click here to read the full article.

USDCHF Forecast

The USDCHF attempted to push lower yesterday slipped below 0.8815 but failed to stay consistently below that area so far. The bias is neutral in nearest term probably with a little bearish bias especially if price able to make a clear break below 0.8815 testing 0.8740. 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.

April 23rd, 2014 @ 3:44 am by Setyo Wibowo

Click here to read the full article.

EURUSD Forecast        

The EURUSD had another indesicive movement yesterday. There are no changes in my technical outlook. The bias remains neutral in nearest term. Important intraday range to be closely watched is seen between 1.3780 – 1.3850. A clear break below 1.3780 could trigger further bearish pressure testing 1.3750 – 1.3700. On the other hand,  a clear break above 1.3850 could trigger further bullish pressure testing 1.3900 before challenging 1.4000. The ascending triangle bullish scenario on daily chart remains valid.

eurusdhourly

Click here to read the full article.

April 23rd, 2014 @ 3:40 am by Setyo Wibowo

Click here to read the full article.

GBPUSD Forecast

The GBPUSD attempted to push higher yesterday and now struggling around 1.6820 key resistance area which need to be clearly broken to the upside to continue the bullish scenario testing 1.6850 – 1.6900. The bias is bullish in nearest term. Immediate support is seen around 1.6800. A clear break below that area could lead price to neutral zone in nearest term testing 1.6750 or lower. Overall I still prefer a bullish scenario at this phase.

gbpusddaily

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