Forex Academy Quick Links:
Language:
English

Uncategorized

February 6th, 2019 @ 4:26 am by Setyo Wibowo

Click here to read the full article.

USDJPY Forecast
The USDJPY didn’t make significant movement yesterday. The bias is neutral in nearest term probably with a little bearish bias testing 109.50 region. A clear break and daily close below that area could trigger further bearish pressure testing 109.00 – 108.50 area. On the upside, key resistance remains at 110.00 which is a good place to sell with a tight stop loss as a clear break above that area would expose 111.25 region.

usdjpydaily

Click here to read the full article.

January 17th, 2019 @ 4:57 am by Setyo Wibowo

Click here to read the full article.

USDJPY Forecast
The USDJPY continued its bullish momentum yesterday topped at 109.19. The bias remains bullish in nearest term testing 110.00 area which is a good place to sell. Immediate support is seen around 108.70. A clear break below that area could lead price to neutral zone in nearest term testing 108.00 – 107.60 support area which is a good place to buy. On the upside, a clear break and daily close above 110.00 would expose the D1 EMA 200 located around 111.25.

usdjpydaily

Click here to read the full article.

January 11th, 2019 @ 4:38 am by Setyo Wibowo

Click here to read the full article.

USDCHF Forecast
The USDCHF had a strong bullish momentum yesterday, topped at 0.9848. Price is moving back inside the bearish channel as you can see on my 4H chart below, suggests a potential bullish correction testing the upper line of the bearish channel and 0.9950 region. On daily chart, we have a bullish engulfing pattern which also suggests a potential bullish pullback. The bias is bullish in nearest term testing 0.9900 – 0.9950 region. Immediate support is seen around 0.9790. A clear break below that area could lead price to neutral zone in nearest term retesting 0.9750 area which need to be clearly broken to the downside to resume the bearish phase testing 0.9600 – 0.9535 region.

usdchfh4

Click here to read the full article.

August 7th, 2018 @ 4:28 am by Setyo Wibowo

Click here to read the full article.

GBPUSD Forecast
The GBPUSD continued its bearish momentum yesterday bottomed at 1.2920. Psychological level at 1.3000 has been broken convincingly, suggest a major bearish trend continuation scenario targeting 1.2750 area. The bias remains bearish in nearest term testing 1.2900 – 1.2850 region. Immediate resistance is seen around 1.2975. A clear break above that area could lead price to neutral zone in nearest term testing 1.3000 region but as long as stay inside the bearish channel I prefer a bearish scenario at this phase and any upside pullback should be seen as a good opportunity to sell.

Click here to read the full article.

August 7th, 2018 @ 4:24 am by Setyo Wibowo

Click here to read the full article.

USDJPY Forecast
The USDJPY didn’t make significant movement yesterday. The bias is neutral in nearest term. Immediate resistance is seen around 111.55. A clear break and daily close above that area could trigger further bullish pressure testing 112.00 region but key resistance remains at 113.00 area. Immediate support is seen around 111.10 area. A clear break below that area could trigger further bearish pressure testing 110.75 key support which need to be clearly broken to the downside to reactivate my bearish mode testing 110.00 or lower.

Click here to read the full article.

May 23rd, 2018 @ 2:38 am by Setyo Wibowo

Click here to read the full article.

USDJPY Forecast
The USDJPY didn’t make significant movement yesterday, but traded lower earlier today in Asian session hit 110.41. I still prefer a bullish scenario, but this fact confirms the bearish pin bar scenario testing 110.00 region. The bias is bearish in nearest term. Immediate resistance is seen around 111.00. A clear break above that area could lead price to neutral zone in nearest term but only a clear break above 111.50 would invalidate the bearish pin bar scenario and resume the bullish trend testing 112.75 area.

Click here to read the full article.

April 26th, 2018 @ 1:35 am by Setyo Wibowo

Click here to read the full article.

USDJPY Forecast
The USDJPY regained its bullish momentum yesterday topped at 109.44. The bias is bullish in nearest term testing the daily EMA 200 located around 109.50 region. A clear break above that area would expose 110.50 resistance area. Immediate support is seen around 109.00. A clear break back below that area could lead price to neutral zone in nearest term testing 108.50 support area but overall I still prefer a bullish scenario at this phase and any downside pullback should be seen as a good opportunity to buy. My major technical outlook remains neutral.

Click here to read the full article.

April 25th, 2018 @ 4:51 am by Setyo Wibowo

Click here to read the full article.

USDJPY Forecast
The USDJPY was indecisive yesterday but overall still able to maintain its bearish short-term bias following a break above the bearish channel as you can see on my daily chart below. The bias is neutral in nearest term but I still prefer a bullish scenario at this phase with nearest target seen at 109.50 (daily EMA 200). Immediate support is seen around 108.50. A clear break below that area would interrupt the current bullish phase testing 107.77 region or lower. On the upside, a clear break and daily close above 109.50 would expose 110.50 area or higher. My major technical outlook remains neutral.

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