Blog Posts - Market Analysis



USDCHF Daily Forecast: December 21

USDCHF Forecast The USDCHF was indecisive yesterday. Price attempted to push higher after broke above the bearish channel as you can see on my H1 chart below, topped at 1.0320 but closed a little bit lower at 1.0286. The bias is neutral in nearest te...

USDJPY Daily Forecast: December 21

USDJPY Forecast The USDJPY failed to continue its bearish momentum yesterday topped at 118.24. The bias is neutral in nearest term probably with a little bullish bias testing 118.66. A clear break and daily close above that area would expose 120.00 a...

GBPUSD Daily Forecast: December 21

GBPUSD Forecast The GBPUSD was indecisive yesterday. Price attempted to push lower bottomed at 1.2312 but closed a little bit higher at 1.2366. The bias is neutral in nearest term probably with a little bearish bias testing 1.2300 area. A clear break...

EURUSD Daily Forecast: December 21

EURUSD Forecast     The EURUSD was indecisive yesterday. Price attempted to push lower bottomed at 1.0352 but closed a little bit higher at 1.0385 and hit 1.0398 earlier today. The bias remains neutral in nearest term but as long as stay below 1.0...

USDCHF Daily Forecast: December 20

USDCHF Forecast The USDCHF was indecisive yesterday. As you can see on my H1 chart below, price slipped above the minor bearish channel suggests a potential bullish outlook. The bias is neutral in nearest term probably with a little bullish bias test...

USDJPY Daily Forecast: December 20

USDJPY Forecast The USDJPY had a bearish momentum yesterday bottomed at 116.54. The bias is bearish in nearest term testing 116.00 area which is a good place to buy with a tight stop loss. Immediate resistance is seen around 117.65. A clear break abo...

GBPUSD Daily Forecast: December 20

GBPUSD Forecast The GBPUSD had a bearish momentum yesterday bottomed at 1.2354. The bias is bearish in nearest term testing 1.2300 area. Immediate resistance is seen around 1.2425. A clear break above that area could lead price to neutral zone in nea...

EURUSD Daily Forecast: December 20

EURUSD Forecast     The EURUSD attempted to push higher yesterday topped at 1.0479 but closed lower at 1.0402. The bias is neutral in nearest term probably with a little bearish bias testing 1.0350/00 area. Immediate resistance is seen around 1.04...

USDCHF Daily Forecast: December 19

USDCHF Forecast The USDCHF attempted to push lower last week bottomed at 1.0083 but whipsawed to the upside and closed higher at 1.0265 after slipped above 1.0325 resistance. As you can see on my H1 chart below, price is moving inside a minor bearish...

USDJPY Daily Forecast: December 19

USDJPY Forecast The USDJPY continued its bullish momentum last week topped at 118.66 but traded a little bit lower earlier today hit 117.54. The bias is neutral in nearest term. Immediate support is seen around 117.50. A clear break below that area c...

GBPUSD Daily Forecast: December 19

GBPUSD Forecast The GBPUSD was indecisive last week but fell below the trend line support as you can see on my H1 chart below suggests a potential short term bearish outlook testing 1.2300 area this week with key resistance seen around 1.2500 – 1.2...

EURUSD Daily Forecast: December 19

EURUSD Forecast     The EURUSD attempted to push higher last week topped at 1.0670 but whipsawed to the downside, bottomed at 1.0366 and closed at 1.0451. The bias is neutral in nearest term but as long as stay below 1.0500 I prefer a bearish scen...

EURUSD Daily Forecast: December 16

EURUSD Forecast     The EURUSD continued its bearish momentum yesterday bottomed at 1.0366. The bias remains bearish in nearest term testing 1.0300 area. Immediate resistance is seen around 1.0450. A clear break above that area could lead price to...

USDJPY Daily Forecast: December 16

USDJPY Forecast The USDJPY continued its bullish momentum yesterday topped at 118.66. The bias remains bullish in nearest term testing 119.00/50 area. Immediate support is seen around 117.65. A clear break below that area could lead price to neutral...

GBPUSD Daily Forecast: December 16

GBPUSD Forecast The GBPUSD continued its bearish momentum yesterday broke below the trend line support as you can see on my H1 chart below, bottomed at 1.2375. The bias is bearish in nearest term testing 1.2330/00 region. Immediate resistance is seen...

USDCHF Daily Forecast: December 16

USDCHF Forecast The USDCHF continued its bullish momentum yesterday topped at 1.0343 but closed a little bit lower at 1.0298. The bias remains bullish in nearest term testing 1.0400 region. Immediate support is seen around 1.0260. A clear break below...

USDCHF Daily Forecast: December 15

USDCHF Forecast The USDCHF had a bullish momentum yesterday and now struggling around 1.0200 key resistance. The bias is bullish in nearest term especially if price able to stay consistently above 1.0200 testing 1.0325 area. Immediate support is seen...

USDJPY Daily Forecast: December 15

USDJPY Forecast The USDJPY had a bullish momentum yesterday broke above 116.00, topped at 117.38. The bias is bullish in nearest term testing 118.00/50 area. Immediate support is seen around 116.95. A clear break below that area could lead price to n...

GBPUSD Daily Forecast: December 15

GBPUSD Forecast The GBPUSD had a bearish momentum yesterday bottomed at 1.2530. The bias is bearish in nearest term. As you can see on my H1 chart below price is testing the trend line support and 1.2500 support area which is a good place to buy with...

EURUSD Daily Forecast: December 15

EURUSD Forecast     The EURUSD had a bearish momentum yesterday bottomed at 1.0496. The bias is bearish in nearest term but 1.0500 – 1.0450 area remains a good place to buy with a tight stop loss below 1.0450. Immediate resistance is seen around...


Trending Topics

Close