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April 5th, 2019 @ 5:58 am by Setyo Wibowo

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USDCHF Forecast
The USDCHF had a bullish momentum yesterday closed above 0.9985 resistance area as you can see on my daily chart below. The bias is bullish in nearest term testing 1.0025 area but key resistance remains at 1.0095. Immediate support is seen around 0.9985. A clear break and daily/weekly close back below that area could create a false breakout bearish scenario testing 0.9900 next week. Fundamental focus today will be on the US NFP data.

usdchfdaily

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April 4th, 2019 @ 4:40 am by Setyo Wibowo

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EURUSD Forecast
The EURUSD had a bullish momentum yesterday after another false breakout below 1.1215 key support as you can see on my daily chart below. I think there is a good chance that we will see another bullish rally testing 1.1400 region. The bias is bullish in nearest term testing 1.1300. On the downside, 1.1215 region remains a key support and good place to buy with a tight stop loss as a clear break below that area would resume the major bearish trend testing 1.1125/00 or lower.

eurusddaily

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April 4th, 2019 @ 4:38 am by Setyo Wibowo

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GBPUSD Forecast
The GBPUSD had a bullish momentum yesterday topped at 1.3195 but closed a little bit lower at 1.3157. The bias remains bullish in nearest term testing 1.3210/45 resistance area. Immediate support is seen around 1.3135. A clear break below that area could lead price to neutral zone in nearest term but as long as stay above 1.3000 I still prefer a bullish scenario at this phase and any downside pullback should be seen as a good opportunity to buy. On the upside, a clear break and daily close above 1.3210/45 would retest 1.3365 key resistance area.

gbpusddaily

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April 4th, 2019 @ 4:37 am by Setyo Wibowo

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USDJPY Daily Forecast
The USDJPY had another insignificant movement yesterday but overall still able to maintain its bullish bias. There are no changes in my technical outlook. The bias remains bullish in nearest term testing 112.00 region. Immediate support is seen around 111.00. A clear break below that area could lead price to neutral zone in nearest term testing 110.50/00 region. On the upside, a clear break and daily close above 112.00 would target 113.15 area.

usdjpydaily

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April 4th, 2019 @ 4:31 am by Setyo Wibowo

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USDCHF Forecast
The USDCHF attempted to push lower yesterday bottomed at 0.9953 but closed higher at 0.9982. The bias is neutral in nearest term. Key level at this phase remains at 0.9985. A clear break above that area would retest 1.0095 key resistance area which remains a good place to sell. On the other hand, a failure to break above 0.9985 could trigger a bearish pressure retesting 0.9900 key support area.

usdchfdaily

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April 3rd, 2019 @ 6:12 am by Setyo Wibowo

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EURUSD Forecast
The EURUSD attempted to push lower yesterday bottomed at 1.1184 but closed higher at 1.1204 and hit 1.1227 earlier today in Asian session. The failure to stay consistently below 1.1215 key support area (which remains a good place to buy) could trigger another false breakout bullish pullback. The bias is bullish in nearest term testing 1.1250 – 1.1300 region. On the downside, a clear break and consistent move below 1.1215 would resume the major bearish trend testing 1.1125/00 or lower.

eurusddaily

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April 3rd, 2019 @ 6:11 am by Setyo Wibowo

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GBPUSD Forecast
The GBPUSD attempted to push lower yesterday bottomed at 1.3013 but whipsawed to the upside, closed higher at 1.3131 and hit 1.3145 earlier today in Asian session. The bias is bullish in nearest term testing 1.3210/45 resistance area. Immediate support is seen around 1.3100. A clear break below that area could lead price to neutral zone in nearest term but as long as stay above 1.3000 I still prefer a bullish scenario at this phase and any downside pullback should be seen as a good opportunity to buy.

gbpusddaily

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April 3rd, 2019 @ 6:10 am by Setyo Wibowo

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USDJPY Forecast
The USDJPY didn’t make significant movement yesterday but overall still able to maintain its bullish bias after bounced-off 110.00 support area as you can see on my daily chart below. The bias remains bullish in nearest term testing 112.00 region. Immediate support is seen around 111.00. A clear break below that area could lead price to neutral zone in nearest term testing 110.50/00 region. On the upside, a clear break and daily close above 112.00 would target 113.15 area.

usdjpydaily

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