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February 12th, 2019 @ 7:28 am by Setyo Wibowo

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USDCHF Forecast
The USDCHF had a bullish momentum yesterday topped at 1.0096 but closed lower at 1.0038. The failure to break above 1.0095 resistance area could create a bounce to the downside. The bias is neutral in nearest term probably with a little bearish bias testing 0.9975 region. On the upside, a clear break and daily close above 1.0095 would expose 1.0130 – 1.0170 region.

usdchfdaily

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February 11th, 2019 @ 4:18 am by Setyo Wibowo

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EURUSD Forecast    
The EURUSD had a bearish momentum last week bottomed at 1.1320. The bias is bearish in nearest term testing 1.1270 – 1.1215 key support area. Immediate resistance is seen around 1.1350. A clear break above that area could lead price to neutral zone in nearest term testing 1.1400 area but as long as stay below 1.1500 – 1.1570 I still prefer a bearish scenario at this phase and any upside pullback should be seen as a good opportunity to sell.

eurusddaily

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February 11th, 2019 @ 4:17 am by Setyo Wibowo

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GBPUSD Forecast
The GBPUSD continued its bearish momentum last week bottomed at 1.2853. The bias is neutral in nearest term probably with a little bearish bias testing 1.2850 – 1.2800 region as a part of the false breakout bearish scenario as you can see on my daily chart below. Immediate resistance is seen around 1.3000 which remains a good place to sell with a tight stop loss as a clear break back above that area would give the bullish scenario another chance.

gbpusddaily

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February 11th, 2019 @ 4:16 am by Setyo Wibowo

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USDJPY Forecast
The USDJPY was indecisive last week. The bias is neutral in nearest term. Immediate resistance is seen around 110.00 region which remains a good place to sell with a tight stop loss as a clear break above that area would test the D1 EMA 200 at 111.00 area as a part of the bullish pin bar scenario. Immediate support is seen around 109.65. A clear break below that area could trigger further bearish pressure testing 109.20/00 region.

usdjpydaily

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February 11th, 2019 @ 4:16 am by Setyo Wibowo

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USDCHF Forecast
The USDCHF had a bullish momentum last week topped at 1.0028 and hit 1.0096 earlier today in Asian session but traded lower at the time I am writing this comment around 1.0000. Price may form a bearish pin bar as you can see on my daily chart below, but note that we need to wait until today’s daily candle is complete to take conclusion whether it is a bearish pin bar or not. If we do have a bearish pin bar, it will be a valid bearish signal as it printed at a key resistance 1.0095 area with nearest target seen at 0.9900 region.

usdchfdaily

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February 8th, 2019 @ 3:49 am by Setyo Wibowo

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EURUSD Forecast    
The EURUSD continued its bearish momentum yesterday bottomed at 1.1324. The bias remains bearish in nearest term testing 1.1270 – 1.1215 key support area. Immediate resistance is seen around 1.1365. A clear break above that area could lead price to neutral zone in nearest term testing 1.1400 region but as long as stay below 1.1500 – 1.1570 key resistance area I still prefer a bearish scenario at this phase and any upside pullback should be seen as a good opportunity to sell.

eurusddaily

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February 8th, 2019 @ 3:46 am by Setyo Wibowo

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GBPUSD Forecast
The GBPUSD had another indecisive movement yesterday. The bias is neutral in nearest term. Immediate resistance is seen around 1.3000 which remains a good place to sell. Immediate support is seen around 1.2900. A clear break below that area could trigger further bearish pressure testing 1.2850 or lower. On the upside, a clear break and daily/weekly close above 1.3000 would give the bullish scenario another chance.

gbpusddaily

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February 8th, 2019 @ 3:44 am by Setyo Wibowo

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USDJPY Forecast
The USDJPY was indecisive yesterday. The bias remains neutral in nearest term.  Immediate resistance remains around 110.00 which is a good place to sell. Immediate support is seen around 109.50. A clear break and daily/weekly close below that area could trigger further bearish pressure testing 109.00 – 108.50 region. On the upside, a clear break and daily/weekly close above 110.00 would expose 111.25 region next week.

usdjpydaily

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