USDCAD- 14Mar2022USDCAD- 14Mar2022
On the weekly, USDCAD is consolidating in a triangle pattern. Will just have to wait out on which direction it will breakout.
On the H4, price bounced from 200MA + support at 1.27070. With H1 confirming below 200MA, there is a slight more bias for USDCAD to pull back lower to retest 1.27070.
This is for personal record purposes only, not financial advise or solicitation of trade.
14mar22
USDTRY- 14Mar2022USDTRY- 14Mar2022
On the weekly, USDTRY have been on an uptrend since closing above previous pivot at 13.90. The next resistance will be at 15.1700.
On the H4, price pulled back unexpectedly after Stochastic hit resistance last Friday. Overall price is expected to bounce higher to 1st Resistance at 15.1700.
This is for personal record purposes only, not financial advise or solicitation of trade.
EURUSD- 14Mar2022EURUSD- 14Mar2022
On the weekly, EURUSD formed a bearish spinning top candle last week. Price has been selling off for the last 5 weeks.
On the H4, price faced bearish pressure at the 1.1100 and dropped and dropped near to the 1st Support at 1.08660. With Stochastic at support, we could expect a short-term bounce in EURUSD today.
This is for personal record purposes only, not financial advise or solicitation of trade.
GBPUSD- 14Mar2022GBPUSD- 14Mar2022
On the weekly, GBPUSD has dropped to 200MA + 1st Support around 1.30000. With options expirations this week, we could expect GBPUSD to have a bounce.
On the H4, price is coming into Fib confluence support around 1.2966-1.30000. With Stochastic also at support, we could expect GBPUSD to have a short-term bounce soon.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDINR - 14Mar2022USDINR - 14Mar2022
On the weekly, price close as a spinning top candle last week above the minor bullish channel. On the larger timeframe, USDINR has room for further upside.
On the H4, price is bouncing back to retest previous highs at 77.16 after a strong bounce back last Friday.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 14Mar2022USDMYR - 14Mar2022
On the daily, price looks like it just broke triangle pattern with further upside target of around 4.2700. With oil prices pulling back, it could provide a stronger tail wind for further upside.
On the H8, price successfully bounced above all 3 MAs. It have to clear 1st Resistance at 4.2080 before it can bounce much higher.
This is for personal record purposes only, not financial advise or solicitation of trade.
DXY - 14Mar2022DXY - 14Mar2022
On the daily, DXY is rebounding back strongly after facing bearish pressure from the upper trendline resistance. Price is mixed for now as it is coming into Stochastic and upper channel resistance. However, if the geopolitical tension intensifies, we could expect price to surge to 1st Resistance at 100.04
On the H4, price is looking to retest previous highs at 99.340 today. With Stochastic also at resistance, we will have to wait and see whether it can break above previous highs today.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDPHP - 14Mar2022USDPHP - 14Mar2022
On the weekly, USDPHP has been on a bullish uptrend for the last 2 weeks ever since breaking above the parallel channel. In anticipation of the 3rd bar, we could expect this week to be further upside for USDPHP.
On the H4 if the price is able to close above resistance at 52.34, we could expect the price to bounce to 1st Resistance at 52.80. On a cautious note, Stochastic is also approaching resistance.
This is for personal record purposes only, not financial advise or solicitation of trade.