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April 11th, 2019 @ 5:29 am by Setyo Wibowo

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USDCHF Forecast
The USDCHF had a significant bullish momentum yesterday, broke above 0.9985 and topped at 1.0033. The bias is bullish in nearest term testing 1.0095 key resistance area which remains a good place to sell. Immediate support is seen around 1.0000 – 0.9985 region. A clear break back below that area could lead price to neutral zone in nearest term but could create a false breakout bearish scenario testing 0.9900 region.

usdchfdaily

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April 10th, 2019 @ 4:14 am by Setyo Wibowo

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EURUSD Forecast
The EURUSD didn’t make significant movement yesterday. There are no changes in my technical outlook. The bias remains bullish in nearest term testing 1.1300/25 region as a part of the false breakout below 1.1215 key support as you can see on my daily chart below. Immediate support remains around 1.1245. A clear break below that area could lead price to neutral zone in nearest term retesting 1.1215 key support area which remains a good place to buy with a tight stop loss as a clear break and daily close below that area could resume the major bearish trend testing 1.1125/00 or lower. On the upside, a clear break and daily close above 1.1300/25 would target 1.1400 region.

eurusddaily

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April 10th, 2019 @ 4:13 am by Setyo Wibowo

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GBPUSD Forecast
The GBPUSD attempted to push higher yesterday topped at 1.3120 but closed lower at 1.3051, printed a bearish pin bar as you can see on my daily chart below. The bias is bearish in nearest term retesting 1.3000 key support area which remains a good place to buy with a tight stop loss as a clear break and daily close below that area would invalidate the major bullish outlook. Immediate resistance is seen around 1.3120. A clear break above that area would invalidate the bearish pin bar scenario testing 1.3210 area or higher.

gbpusddaily

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April 10th, 2019 @ 4:12 am by Setyo Wibowo

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USDJPY Forecast
The USDJPY continued its bearish momentum yesterday bottomed at 110.97. The bias remains bearish in nearest term testing 110.50/00 region. Immediate resistance is seen around 111.30. A clear break above that area could lead price to neutral zone in nearest term testing 111.60 area but key resistance remains at 112.00 region which is a good place to sell with a tight stop loss as a clear break above 112.00 could easily target 113.15 region.

usdjpydaily

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April 10th, 2019 @ 4:11 am by Setyo Wibowo

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USDCHF Forecast
The USDCHF had a moderate bullish momentum yesterday topped at 1.0008. The bias is bullish in nearest term especially if price able to move consistently above 1.0015 testing 1.0025/50 area but key resistance remains at 1.0095 which is a good place to sell. Immediate support is seen around 0.9985/77. A clear break and daily close below that area could trigger further bearish pressure testing 0.9900 region.

usdchfdaily

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April 9th, 2019 @ 5:34 am by Setyo Wibowo

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EURUSD Forecast
The EURUSD had a bullish momentum yesterday topped at 1.1274. The bias is bullish in nearest term as part of the false breakout below 1.1215 key support area as you can see on my daily chart below, testing 1.1300/25 region. Immediate support is seen around 1.1245. A clear break below that area could lead price to neutral zone in nearest term retesting 1.1215 key support area which remains a good place to buy with a tight stop loss as a clear break and daily close below that area could resume the major bearish trend testing 1.1125/00 or lower. On the upside, a clear break and daily close above 1.1300/25 would target 1.1400 region.

eurusddaily

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April 9th, 2019 @ 5:33 am by Setyo Wibowo

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GBPUSD Forecast
The GBPUSD didn’t make significant movement yesterday. The bias remains neutral in nearest term but as long as stay above 1.3000 I still prefer a bullish scenario at this phase. Immediate support is seen around 1.3035. A clear break below that area could trigger further bearish pressure testing 1.3000 key support which is a good place to buy with a tight stop loss as a clear break below that area would invalidate the major bullish outlook. Immediate resistance is seen around 1.3120. A clear break and daily close above that area could trigger further bullish pressure testing 1.3210 region.

gbpusddaily

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April 9th, 2019 @ 5:30 am by Setyo Wibowo

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USDJPY Forecast
The USDJPY had a bearish momentum yesterday bottomed at 111.28 after another failure to break above 112.00 resistance as you can see on my daily chart below. The bias is bearish in nearest term testing 111.00. A clear break and daily close below that area would retest 110.00 support area. Immediate resistance is seen around 111.60. A clear break above that area could lead price to neutral zone in nearest term retesting 112.00 resistance area which is a good place to sell with a tight stop loss as a clear break above 112.00 could easily target 113.15 region.

usdjpydaily

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