USDTRY- 22Dec2021 On the daily, price is at 1st Support from 50MA. We could expect a short-term bounce. On the H4 timeframe, price found support from 1st Support at 11.5450. With RSI and Stochastic at support, we could expect a short-term bounce to 1st Resistance at 14.6710. This is for personal record purposes only, not financial advise or solicitation of trade.
EURUSD- 22Dec2021 On the H4 timeframe, price is still consolidating within a parallel channel after the bounce. We will have to monitor 1st Support level at 1.12060 closely to see whether the channel is still intact. Breaking below it will cause EURUSD to go lower. On the H1, price is still respecting above the ascending trendline. If price closes below, price...
GBPUSD- 22Dec2021 On the H4 timeframe, price closed above 2 MAs indicating a bullish momentum. We could expect price to 1st Resistance at 1.3331. This is for personal record purposes only, not financial advise or solicitation of trade.
USDINR - 22Dec2021 On the daily, price is on 1st Support at 75.32 we could expect a short term bounce from here. On the H4 timeframe, price dropped to 1st Support at 75.32. Market structure have also changed to lower highs and lower lows. Since price is at daily support, we could expect a short-term bounce from here. This is for personal record purposes only,...
USDMYR - 22Dec2021 On the H8, price dropped and found support at the lower wedge trendline. If price close below with confirmation, we could easily see the price drop to 1st Support at 4.1860. This is for personal record purposes only, not financial advise or solicitation of trade.
DXY - 22Dec2021 On the H1, price broke above a interim descending trendline but has came back down today indicating a possible bearish momentum On the H4 time frame, price is still consolidating sideways near the all time highs. If the price close below 96.35, we would see further bearish momentum. This is for personal record purposes only, not financial advise...
USDPHP - 22Dec2021 If the price closes below 49.80 on the H4, we could expect it to drop to 2nd Support at 49.54. This level is also the 200MA support on the daily. This is for personal record purposes only, not financial advise or solicitation of trade.