USDCAD- 08Apr2022 On the daily, USDCAD bounced above 20EMA and is now at ascending trendline resistance. Price could have a last impulsive bounce higher to resistance at 1.265000 before facing a lot of bearish pressure. It could potentially coincides with the CAD employment data releasing at GMT 12.30pm On the H4, price is consolidating sideways which could...
EURUSD- 08Apr2022 On the H4, EURUSD closed below daily 78.6% Fib at 1.08870. We will have to wait and see whether price would be able to hold previous lows at 1.08060. This is for personal work record purposes only, not trade / financial advise or solicitation of trade.
DXY - 08Apr2022 On the H4, price action indicates Wave 4 complex correction could be completed and last Wave 5 might be playing out. Stochastic is still at resistance so Wave 5 could be just an quick impulsive but shorter than Wave 3. It would then follow by quick downside possibly at the psychological resistance at 100.00. In addition, H1 Stochastic is already...
USDPHP - 08Apr2022 On the H4, price is rebounding above the 20EMA. It is highly possible that USDPHP would bounce higher to retest daily 20 & 50 MAs resistance at 51.69 before facing bearish pressure. This is for personal work record purposes only, not trade / financial advise or solicitation of trade.