USDCAD- 20Apr2022USDCAD- 20Apr2022
On the H4, price once again failed to bounce above 78.6% Fib retracement around 1.26430. If USD strengthens weakens, USDCAD is expected to drop to 1st Support at 1.25385.
This is for personal work record purposes only, not trade / financial advise or solicitation of trade.
20apr22
EURUSD- 20Apr2022EURUSD- 20Apr2022
On the H4, price met strong demand at around 1.07720 yesterday. It consolidated sideways in a bull flag and is now bouncing higher. With such bullish momentum, we could expect EURUSD to bounce higher to 1st Resistance at 1.08435 today.
This is for personal work record purposes only, not trade / financial advise or solicitation of trade.
GBPUSD- 20Apr2022GBPUSD- 20Apr2022
On the H4, price found demand once again near the major support around 1.3000. There are small signs of recovery as price has bounced above 23.6% Fib retracement at 1.30195. If price can close above 50MA at around 1.30440 today, we could expect GBPUSD to bounce easily to 1st Resistance at 1.31110
Disclaimer: This is for personal work record purposes only, not financial advise or solicitation of trade.
USDMYR - 20Apr2022USDMYR - 20Apr2022
On the daily, USDMYR surged on the back of oil prices pulling back to the triangle target at around 4.2800. Daily RSI has also just hit resistance.
On the H8, USDMYR surged even though it was a Malaysia public holiday yesterday. H4 Stochastic is also at resistance. For today, we could expect USDMYR to pull back to at least 1st Support at 4.2520 today.
Disclaimer: This is for personal work record purposes only, not financial advise or solicitation of trade.
DXY - 20Apr2022DXY - 20Apr2022
On the H4, we are waiting for last Wave 5 impulse to complete potentially this week. As most of the indicators in different timeframes are at resistance or indicating negative bearish divergence, price could have an impulsive reversal any moment.
Disclaimer: This is for personal work record purposes only, not financial advise or solicitation of trade.
USDPHP - 20Apr2022USDPHP - 20Apr2022
On the H4, price is near the previous highs at around 52.56.
We will need to wait and see whether price can break above this level. Taking into account that Daily and H4 Stochastic is at resistance as well as indicating negative bearish divergence, USDPHP could reverse any moment.
This is for personal work record purposes only, not trade / financial advise or solicitation of trade.