EURUSD- 07Feb2022EURUSD- 07Feb2022
On the weekly, price pulled back and close above 20EMA after bouncing higher to the 200MA area. We could expect a short-term pull back for EURUSD.
On the H4, price is still at Stochastic resistance. We could expect price to pullback to 23.6% Fib support at 1.1407 for the short term.
This is for personal record purposes only, not financial advise or solicitation of trade.
07jan22
USDTRY- 07Jan2022USDTRY- 07Jan2022
On the H4, price have abit more upside to 1st Resistance at 14.2250 which also coincides around H1 inverse h&s target. Once price hits that level we could start expecting the USDTRY to pullback to 1st Support at 12.4850
This is for personal record purposes only, not financial advise or solicitation of trade.
EURUSD- 07Jan2022EURUSD- 07Jan2022
On the H4 time frame, price had a choppy sideway section after ISM Services PMI came in lower than estimates yesterday.
Majority of the market participants are waiting for NFP and unemployment numbers later tonight to determine the next direction.
This is for personal record purposes only, not financial advise or solicitation of trade.
GBPUSD- 07Jan2022GBPUSD- 07Jan2022
On the H4 timeframe, price has achieved its inverse h&s target around 1.3600. The ascending trendline remains key indicator as GBPUSD grinds higher. If price broke below the trendline, we could expect it to drop to 1st Support at 1.34740.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDINR - 07Jan2022USDINR - 07Jan2022
On the H4 timeframe, price bounced back from crucial level of 74.2650. As long as price holds above this level, we could expect it to bounce back to 1st Resistance at 74.7530.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 07Jan2022USDMYR - 07Jan2022
On the daily, price bounced back to descending trendline resistance where it is expected to face bearish pressure.
On the H8, price bounced to the gap fill area where price is expected to have a short-term pullback to 1st Support at 4.2000.
This is for personal record purposes only, not financial advise or solicitation of trade.
DXY - 07Jan2022DXY - 07Jan2022
On the H4 time frame, price had a choppy sideway section yesterday after ISM Services PMI came in lower than estimates.
Majority of the market participants are waiting for NFP and unemployment numbers later tonight to determine the next direction.
This is for personal record purposes only, not financial advise or solicitation of trade.