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Latest Blog Posts

  • EURUSD Daily Forecast: December 21
    on Dec 20, 2016 in Market Analysis
    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...
  • GBPUSD Daily Forecast: December 21
    on Dec 20, 2016 in Market Analysis
    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...
  • USDJPY Daily Forecast: December 21
    on Dec 20, 2016 in Market Analysis
    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...
  • USDCHF Daily Forecast: December 21
    on Dec 20, 2016 in Market Analysis
    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...
  • EURUSD Daily Forecast: December 20
    on Dec 19, 2016 in Market Analysis
    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...
  • GBPUSD Daily Forecast: December 20
    on Dec 19, 2016 in Market Analysis
    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...
  • USDJPY Daily Forecast: December 20
    on Dec 19, 2016 in Market Analysis
    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...
  • USDCHF Daily Forecast: December 20
    on Dec 19, 2016 in Market Analysis
    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...
  • EURUSD Daily Forecast: December 19
    on Dec 18, 2016 in Market Analysis
    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...
  • GBPUSD Daily Forecast: December 19
    on Dec 18, 2016 in Market Analysis
    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...
  • USDJPY Daily Forecast: December 19
    on Dec 18, 2016 in Market Analysis
    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...
  • USDCHF Daily Forecast: December 19
    on Dec 18, 2016 in Market Analysis
    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...
  • USDCHF Daily Forecast: December 16
    on Dec 15, 2016 in Market Analysis
    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...
  • GBPUSD Daily Forecast: December 16
    on Dec 15, 2016 in Market Analysis
    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...
  • USDJPY Daily Forecast: December 16
    on Dec 15, 2016 in Market Analysis
    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...
  • EURUSD Daily Forecast: December 16
    on Dec 15, 2016 in Market Analysis
    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...
  • EURUSD Daily Forecast: December 15
    on Dec 14, 2016 in Market Analysis
    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...
  • GBPUSD Daily Forecast: December 15
    on Dec 14, 2016 in Market Analysis
    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...
  • USDJPY Daily Forecast: December 15
    on Dec 14, 2016 in Market Analysis
    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...
  • USDCHF Daily Forecast: December 15
    on Dec 14, 2016 in Market Analysis
    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...
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