Category: Daily Forecast
GBPUSD Daily Forecast: March 07
GBPUSD Forecast
The GBPUSD had a bearish momentum yesterday, bottomed at 1.5695 and closed at 1.5718. The bias is bearish in nearest term testing 1.5650 key support area. A clear break and daily close below that area could trigger further bearish sce…
USDJPY Daily Forecast: March 07
USDJPY Forecast
The USDJPY had a significant bearish correction yesterday, bottomed at 80.58 and closed at 80.62. The bias is bearish in nearest term testing 80.23 – 79.52 key support area. I still prefer a bullish scenario at this phase and the curr…
USDCHF Daily Forecast: March 07
USDCHF Forecast
The USDCHF continued its bullish intraday momentum yesterday, topped at 0.9195 and closed at 0.9185. The bias remains bullish in nearest term testing 0.9220/30. A clear break and daily close above that area could trigger further bullish…
EURUSD Daily Forecast: March 06
EURUSD Forecast
The EURUSD didn’t make significant movement yesterday. The bias is neutral in nearest term. There are no changes in my technical outlook. Overall price is still in short term bearish phase since formed the double top formation around …
Daily Forecast for Crosses: March 06
EURJPY Forecast
The EURJPY had another indecisive movement yesterday. We haven’t seen convincing daily movement since last week. Price is in a bearish consolidation phase now but overall as long as stays above the trend line support (red) I still pre…
GBPUSD Daily Forecast: March 06
GBPUSD Forecast
The GBPUSD attempted to push lower yesterday, bottomed at 1.5784 but whipsawed to the upside and closed higher at 1.5872 in a volatile market. The bias is neutral in nearest term and overall price still trapped in range area of 1.6000…
USDJPY Daily Forecast: March 06
USDJPY Forecast
The USDJPY was indecisive yesterday, made a Doji on daily chart. The bias is neutral in nearest term but overall I still prefer a bullish scenario at this phase with nearest target remains around 82.20. Immediate support is seen around …
USDCHF Daily Forecast: March 06
USDCHF Forecast
The USDCHF didn’t make significant movement yesterday. The bias is neutral in nearest term but as long as stays above 0.9050 short term bias seems more to the upside testing 0.9220/30 area. I still prefer a bearish scenario at this ph…
EURUSD Daily Forecast: March 05
EURUSD Forecast
The EURUSD had a significant bearish pullback last week after formed the double top formation around 1.3480 and slipped below 1.3200. The bias is bearish in nearest term testing the trend line support and 1.3150 area as you can see on m…
Daily Forecast for Crosses: March 05
EURJPY Forecast
The EURJPY failed to continue its bullish momentum last week and hit 107.10 earlier today. The bias is bearish in nearest term testing 106.50. A clear break and daily close below that area could trigger further bearish pullback testing …
