USDCAD- 08Mar2022
On the H4, price once again bounce above the channel. Price action is mixed for now but if price can close above 1st Resistance, we could expect further upside to 2nd Resistance at 1.2900.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDTRY- 08Mar2022
On the H4, price is nearing 1st Resistance at 14.600. We will have to wait and see how price react at this level.
This is for personal record purposes only, not financial advise or solicitation of trade.
EURUSD- 08Mar2022
On the weekly/daily, EURUSD closed below 78.6% Fib support at 1.1007. We could expect price to resume further downside to double bottom around 1.0636.
On the H4, price is finding some demand at 1.086 area. As Stochastic has room for downside before support, we could expect EURUSD to drop further to 1st Support at 1.07485.
This is for personal...
GBPUSD- 08Mar2022
On the weekly, GBP dropped to 200MA support. On the daily, price broke below previous lows at 1.3180 pending confirmation. If price follow through and close today, we could expect price to go lower in the near term.
On the H4, price is nearing previous triangle breakdown target at around 1.30500. Price could potentially drop to this level...
USDINR - 08Mar2022
On the daily, price has gapped up above the upper channel to 1st Resistance at 77.1605. With Stochastic at resistance, we could expect short-term pullback.
On the H4, gapped up to 1st Resistance at 77.150 which is also 127.2% Fib resistance. With Stochastic at resistance, we could expect price to pullback to 1st Support at 76.28.
This is for...
USDMYR - 08Mar2022
On the H8, price gapped up higher from the demand zone around 4.1720. With Stochastic at support, we could expect price to bounce back to 1st Resistance at 4.1835.
This is for personal record purposes only, not financial advise or solicitation of trade.
DXY - 08Mar2022
On the daily, price is both at upper channel and Stochastic resistance.
On the H4, price action is indicating complex correction of wave count of (5)-(IV). Current price action is above daily 61.8% Fib resistance so we could expect price to bounce to 78.6% at 100.02 near future. But for today with Stochastic at resistance, we could expect price...
USDPHP - 08Mar2022
On the daily, USDPHP surged and closed above the channel. With Stochastic at resistance, we could expect to have a short-term pullback.
On the H4, price is facing bearish pressure at the 1st Resistance of 52.35. With Stochastic also at resistance, we could expect the price to have a short-term pull back to 1st Support at 51.93.
This is for...
