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2014 April

April 16th, 2014 @ 3:47 am by Setyo Wibowo

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EURUSD Forecast        

The EURUSD was indecisive yesterday. There are no changes in my technical outlook. The bias remains neutral in nearest term probably with a little bearish bias testing 1.3750 or lower. Overall I still prefer a bullish scenario at this phase but need a clear break above 1.3850 – 1.3900 to keep the bullish scenario remains strong testing 1.4000. Key/Major support is seen around 1.3600.

eurusddaily

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April 16th, 2014 @ 3:45 am by Setyo Wibowo

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GBPUSD Forecast

The GBPUSD attempted to push lower yesterday bottomed at 1.6655 but closed higher at 1.6723. The bias is neutral in nearest term. Immediate resistance is seen around 1.6750. A clear break above that area could trigger further bullish pressure testing 1.6820 key resistance area. Immediate support is seen around 1.6700. A clear break back below that area could trigger further bearish pressure testing 1.6650/25.

gbpusddaily

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April 16th, 2014 @ 3:40 am by Setyo Wibowo

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USDJPY Forecast

The USDJPY had a bullish momentum earlier today hit 102.25. The bias is bullish in nearest term testing 102.50 – 103.00. Immediate support is seen around 101.80. A clear break below that area could lead price to neutral zone in nearest term testing 101.50 or lower. As long as stays above the trend line support, my overal technical outlook remains bullish.

usdjpydaily

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April 16th, 2014 @ 3:34 am by Setyo Wibowo

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USDCHF Forecast

The USDCHF was indecisive yesterday. The bias remains neutral in nearest term. Immediate support is seen around 0.8775. A clear break below that area could trigger further bearish pressure testing 0.8740 – 0.8700. Immediate resistance is seen around 0.8815. A clear break back above that area could trigger further bullish pressure testing 0.8850/70. Overall I prefer a bearish scenario at this phase.

usdchfhourly

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April 15th, 2014 @ 3:21 am by Setyo Wibowo

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EURUSD Forecast        

The EURUSD didn’t make significant movement yesterday. The bias remains neutral in nearest term probably with a little bearish bias testing 1.3750 or lower. Overall I still prefer a bullish scenario at this phase but need a clear break above 1.3850 – 1.3900 to keep the bullish scenario remains strong testing 1.4000. Key/Major support is seen around 1.3600.

eurusddaily

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April 15th, 2014 @ 3:18 am by Setyo Wibowo

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GBPUSD Forecast

The GBPUSD was indecisive yesterday. There are no changes in my technical outlook. The bias remains neutral in nearest term probably with a little bearish bias testing 1.6680 – 1.6625 support area. Immediate resistance is seen around 1.6750. A clear break above that area could trigger further bullish pressure testing 1.6820 key resistance area which need to be clearly broken to the upside to continue the bullish scenario.

gbpusddaily

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April 15th, 2014 @ 3:14 am by Setyo Wibowo

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USDJPY Forecast

The USDJPY had a bullish momentum yesterday topped at 102.00. The bias is neutral in nearest term. Immediate resistance remains around 102.10. A clear break above that area could trigger further bullish pressure testing 102.50 or higher. On the downside, key support remains around the trend line support and 100.80 support area. As long as stays above the trend line support, my overal technical outlook remains bullish.

usdjpydaily

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April 15th, 2014 @ 3:08 am by Setyo Wibowo

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USDCHF Forecast

The USDCHF had a bullish momentum yesterday topped at 0.8804. The bias is neutral in nearest term. Immediate resistance is seen around 0.8815. A clear break back above that area could trigger further bullish pressure testing 0.8850/70. Immediate support is seen around 0.8775. A clear break below that area could trigger further bearish pressure testing 0.8725/00. Overall I prefer a bearish scenario at this phase.

usdchfhourly

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