EURUSD- 22Oct2021EURUSD- 22Oct2021
On the H4 timeframe, price was not able to take out previous highs and is not at interim support. We could expect it to continue pullback to 1st Support at 1.16090.
Stochastic is also forming negative bearish divergence for further downside.
This is for personal record purposes only, not financial advise or solicitation of trade.
22oct21
GBPUSD- 22Oct2021GBPUSD- 22Oct2021
On the H4 timeframe, price dropped from double top yesterday. We could expect it to at lease pullback to 1st Support at 1.37315.
Stochastic is also at resistance level where previous drops occurred.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDINR - 22Oct2021USDINR - 22Oct2021
On the H4 timeframe, price broke down from h&s , price target around 74.075.
For today, we could expect it to bounce back to 1st Resistance at 74.99 before dropping to 1st Support at 74.6950.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 22Oct2021USDMYR - 22Oct2021
On the H8 timeframe, price is consolidating sideways. With the pullback in oil price last night, USDMYR might rebound to 1st Resistance at 4.1705.
It also looks like it might go down test the daily 200MA some time next week.
This is for personal record purposes only, not financial advise or solicitation of trade.
DXY - 22Oct2021DXY - 22Oct2021
On the H4 time frame, price action looks like there is a short-term support in place. We could expect it to swing towards 1st Resistance at 93.915.
RSI is also forming negative bullish divergence for short-term bounce
This is for personal record purposes only, not financial advise or solicitation of trade.