Category: Daily Forecast
USDJPY Daily Forecast: December 16
USDJPY Forecast
The USDJPY had another insignificant movement yesterday. Price has been moving sideways this week with low volatility. The bias remains neutral in nearest term. I still prefer a bullish scenario at this phase with buy on dips strategy e…
USDCHF Daily Forecast: December 16
USDCHF Forecast
The USDCHF failed to continue its bullish momentum yesterday, bottomed at 0.9387 and hit 0.9376 earlier today in Asian session. The bearish correction was a little bit stronger than I had expected, but as long as stay above 0.9320 I sti…
EURUSD Daily Forecast: December 15
EURUSD Forecast
The EURUSD was indecisive yesterday. However the bias remains bearish in nearest term testing January low at 1.2873 as a part of the bearish scenario since formed the double top formation around 1.3520/30 and the break below the bullish…
Daily Forecast for Crosses: December 15
EURJPY Forecast
The EURJPY was indecisive yesterday made a Doji on daily chart. The bias remains bearish in nearest term testing 100.74 support area. A clear break and daily close below that area could trigger further bearish scenario testing 100.00 ps…
GBPUSD Daily Forecast: December 15
GBPUSD Forecast
The GBPUSD was indecisive yesterday made a Doji on daily chart. The bias remains bearish in nearest term testing 1.5390 as a part of the bearish scenario after the break below the range area as you can see on my h4 chart below. A clea…
USDJPY Daily Forecast: December 15
USDJPY Forecast
The USDJPY didn’t make significant movement yesterday. There are no changes in my technical outlook. The bias is neutral in nearest term and price is still moving sideways in the last four months. I still prefer a bullish scenario at …
USDCHF Daily Forecast: December 15
USDCHF Forecast
The USDCHF was able to maintain its bullish bias yesterday hit 0.9538. The bias remains bullish in nearest term testing 0.9600 – 0.9700 area. Immediate support is seen around 0.9500 – 0.9475. A clear break below that area could le…
EURUSD Daily Forecast: December 14
EURUSD Forecast
The EURUSD continued its bearish momentum yesterday, bottomed at 1.3008 and closed at 1.3017. The bias remains bearish in nearest term especially if price able to make a clear break below 1.3000 psychological support area testing Januar…
Daily Forecast for Crosses: December 14
EURJPY Forecast
The EURJPY continued its bearish momentum yesterday, bottomed at 101.45 and closed at 101.49. The bias remains bearish in nearest term testing 100.74. Immediate resistance is seen around 102.00 followed by 102.48. A clear break and dail…
GBPUSD Daily Forecast: December 14
GBPUSD Forecast
The GBPUSD had a significant bearish momentum yesterday, broke below the range area as you can see on my hourly chart below. The bias is bearish in nearest term testing 1.5422 – 1.5390 support area. A clear break and daily close bel…
