USDCAD- 10Feb2022
Technically, USDCAD price action is very mixed due to its negative correlation with oil price. It is bearish on monthly but bullish on daily and weekly time frame.
On the H4, price dropped from 50% Fib resistance and found support at demand zone 1.26660. This remains the crucial level as closing below this level will cause price to drop to 2nd...
USDTRY- 10Feb2022
On the H4, price is pulling back after testing the 13.62 pivot few days back. Overall, USDTRY is still on an uptrend in the larger timeframe. If price close below the 13.50 area, we could expect USDTRY to have a short-term pull back.
This is for personal record purposes only, not financial advise or solicitation of trade.
EURUSD- 10Feb2022
On the H4, price is holding up on the 23.6% Fib support. However on H1, price is below 20EMA & 50MA and could potentially drop to 1st Support at 1.13365 first before bouncing higher.
This is for personal record purposes only, not financial advise or solicitation of trade.
GBPUSD- 10Feb2022
On the H4, price bounced, closed above 61.8% Fib resistance before dropping back down to the 1.35400. BOE Gov Bailey is also scheduled to speak later today. As long as price stays above 20EMA and trendline on the daily, we could expect GBPUSD to bounce higher.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDINR - 10Feb2022
On the H4 & H1, price action is consolidating above the MAs. We could expect price to bounce higher to 1st Resistance at 74.9600 which coincides with daily 50MA.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 10Feb2022
On a macro trend, oil price have started to reverse off its highs. This could result in USDMYR bouncing up higher for the upcoming days.
This is for personal record purposes only, not financial advise or solicitation of trade.
DXY - 10Feb2022
On the H4, price is still consolidating around the 20EMA. We are waiting to see whether tonight US CPI data would cause it to bounce back to neckline around 95.950 area or just continue down side to 1st Support at 95.135.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDPHP - 10Feb2022
On the H4, price dropped to 50% Fib retracement and confirmed below 20EMA. We could expect price to bounce to 1st Resistance at 51.37 before facing bearish pressure to drop lower to 1st Support at 51.10.
This is for personal record purposes only, not financial advise or solicitation of trade.
