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February 6th, 2019 @ 4:19 am by Setyo Wibowo

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USDCHF Forecast
The USDCHF continued its bullish momentum yesterday, slipped above the range area as you can see on my H4 chart below. The bias remains bullish in nearest term testing 1.0050 – 1.0095 region. Immediate support is seen around 0.9960. A clear break back below that area could lead price to neutral zone in nearest term retesting 0.9900 region.

usdchfh4

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February 5th, 2019 @ 5:21 am by Setyo Wibowo

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EURUSD Forecast    
The EURUSD didn’t make significant movement yesterday but overall still able to maintain its short-term bearish bias after failed to break above 1.1500. The bias is bearish in nearest term testing 1.1400 – 1.1350 region. Immediate resistance is seen around 1.1450. A clear break above that area could lead price to neutral zone in nearest term testing 1.1500 area but note that 1.1500 – 1.1570 region remains a key resistance and good place to sell with a tight stop loss as a clear break above 1.1570 would invalidate the major bearish trend testing 1.1800 region.

eurusddaily

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February 5th, 2019 @ 5:20 am by Setyo Wibowo

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GBPUSD Forecast
The GBPUSD attempted to push higher yesterday topped at 1.3103 but closed lower at 1.3036. The bias is bearish in nearest term testing 1.3000 key support area which remains a good place to buy with a tight stop loss as a clear break below that area would invalidate the bullish scenario testing 1.2900 region. Immediate resistance is seen around 1.3075. A clear break above that area could lead price to neutral zone in nearest term testing 1.3115 – 1.3175 region.

gbpusddaily

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February 5th, 2019 @ 5:18 am by Setyo Wibowo

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USDJPY Forecast
The USDJPY had a bullish momentum yesterday topped at 110.16. The bias is bullish in nearest term but note that 110.00 region remains a good place to sell. Immediate support is seen around 109.70. A clear break below that area could lead price to neutral zone in nearest term testing 109.40 area. On the upside, a clear break and daily close above 110.00 would resume the bullish pin bar scenario testing 111.25 region.

usdjpydaily

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February 5th, 2019 @ 5:13 am by Setyo Wibowo

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USDCHF Forecast
The USDCHF had a bullish momentum yesterday topped at 0.9994. The bias is bullish in nearest term especially if price able to make a clear break above 0.9990 area testing 1.0050 – 1.0095 region. Immediate support is seen around 0.9960. A clear break back below that area could lead price to neutral zone in nearest term retesting 0.9900 and keep price inside the range area.

usdchfh4

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February 4th, 2019 @ 3:27 am by Setyo Wibowo

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EURUSD Forecast    
The EURUSD had a bullish momentum last week, topped at 1.1514 but closed a little bit lower at 1.1454. The bias is neutral in nearest term. Key resistance remains at 1.1500 – 1.1570 region which is a good place to sell with a tight stop loss as a clear break above 1.1570 would invalidate the major bearish trend testing 1.1800 region. Immediate support is seen around 1.1435. A clear break and daily close below that area could trigger further bearish pressure testing 1.1350 but key support remains at 1.1270 – 1.1215 which need to be clearly broken to the downside to resume the major bearish trend.

eurusddaily

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February 4th, 2019 @ 3:25 am by Setyo Wibowo

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GBPUSD Forecast
The GBPUSD was corrected lower last week bottomed at 1.3043. The bias is neutral in nearest term but as long as stay above 1.3000 I remain bullish targeting 1.3300 region. Immediate resistance is seen around 1.3115. A clear break and daily close above that area could trigger further bullish pressure testing 1.3175 – 1.3200 region. Immediate support is seen around 1.3043. 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 bullish outlook.

gbpusddaily

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February 4th, 2019 @ 3:19 am by Setyo Wibowo

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USDJPY Forecast
The USDJPY attempted to push lower last week bottomed at 108.50 but closed higher at 109.49. The bias is bullish in nearest term testing 110.00 region which remains a good place to sell. Immediate support is seen around 109.20. A clear break below that area could lead price to neutral zone in nearest term testing 108.80 area. On the upside, a clear break and daily close above 110.00 would resume the bullish pin bar scenario testing 111.25 region.

usdjpydaily

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