USDTRY- 03Jan2022USDTRY- 03Jan2022
On the weekly, price bounced from 20EMA last week.
On the H4 timeframe, price continued to grind higher. We could expect the price to continue higher to complete its H1 Inverse h&s with price target at 14.04.
This is for personal record purposes only, not financial advise or solicitation of trade.
03jan22
EURUSD- 03Jan2022EURUSD- 03Jan2022
On the daily, price is at 50MA resistance. We could expect a pullback today.
On the H4 timeframe, price broke above previous horizontal overlap resistance at 1.13490. With price at daily resistance and RSI also at resistance, we could expect the price to pullback to 1st Support at 1.13090.
This is for personal record purposes only, not financial advise or solicitation of trade.
GBPUSD- 03Jan2022GBPUSD- 03Jan2022
On the weekly, price bounced to 200MA resistance. We could expect the GBPUSD to pull back whole of this week..
On the H4 timeframe, price bounced above Fib confluence resistance area around 1.3520. With price at weekly resistance and Stochastic indicating negative bearish divergence, we could expect price to pull back to at least 1st Support at 1.34615.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDINR - 03Jan2022USDINR - 03Jan2022
On the daily, price bounced from 200MA support at 74.130.
On the H4 timeframe, price bounced from h&s downside target of 74.265. With Stochastic at support, we could expect USDINR to retest 1st Resistance at 74.753.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 03Jan2022USDMYR - 03Jan2022
On the daily, price is at 50MA support. We could expect this level to hold and a short-term bounce to occur.
On the H8, price dropped to 1st Support before gapping up today. As price is on daily support, we could expect a short-term bounce to 1st Resistance at 4.1830.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDPHP - 03Jan2022USDPHP - 03Jan2022
On the weekly, price close above 200MA. We will have to wait and see whether the price action can confirm above end of this week.
On the H4, price gapped up above previous highs. We could expect the price to continue its bullish momentum to 1st Resistance at 51.28.
This is for personal record purposes only, not financial advise or solicitation of trade.
DXY - 03Jan2022DXY - 03Jan2022
On the daily, price drop to 50MA support at 95.540. We could expect a short-term bounce from here.
On the H4 time frame, price broke important horizontal overlap resistance around 95.835 and is now at daily support. We could expect a short-term bounce back to retest resistance at 95.835.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDPHP - 03Jan2022USDPHP - 03Jan2022
On the weekly, price close above 200MA. We will have to wait and see whether the price action can confirm above end of this week.
On the H4, price is coming into daily resistance at 50.81 . We could expect some bearish pressure at this level and pullback to 1st Support at 50.78 before any further upside.
This is for personal record purposes only, not financial advise or solicitation of trade.