USDTRY- 18Jan2022USDTRY- 18Jan2022
On the H4, price is consolidating below the 3 MAs. The longer it takes to consolidate and close below these MAs, the higher the chance of the price dropping to 1st Support at 12.4850.
This is for personal record purposes only, not financial advise or solicitation of trade.
18jan22
EURUSD- 18Jan2022EURUSD- 18Jan2022
On the H4 time frame, price tested the previous breakout level and bounced above the descending trendline. As long as the price can maintain above the descending trendline, we could expect it to bounce back retest resistance at 1.14915.
This is for personal record purposes only, not financial advise or solicitation of trade.
GBPUSD- 18Jan2022GBPUSD- 18Jan2022
On the H4 timeframe, price dropped lower below the intersection of 2 long-term trendline but without confirmation. We could at least expect price to pull back to 23.6% Fib retracement to 1.36130 before any further upside.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDINR - 18Jan2022USDINR - 18Jan2022
On the daily, it is bouncing back to retest the 200MA where it is expected to face strong bearish pressure at around 74.400
On the H4, price has flirted with the strong resistance level around 74.40. It is expected for the price to at least pull back to 1st Support at 73.970.
This is for personal record purposes only, not financial advise or solicitation of trade.
DXY - 18Jan2022DXY - 18Jan2022
On the daily, price was not able to close above the descending trendline. We could expect further bearish pressure from here.
On the H4, price bounced to 1st Resistance at 95.330 and faced bearish pressure. We could expect it to pull back to 1st Support at 94.90 today.
This is for personal record purposes only, not financial advise or solicitation of trade.