USDTRY- 23Dec2021USDTRY- 23Dec2021
On the H4 timeframe, price is still around 1st Support area at 11.5450. As long as price maintain above this level, we could expect a short-term bounce to 1st Resistance at 14.660. Also noting that both RSI and Stochastic is also at support where previous bounces occurred.
This is for personal record purposes only, not financial advise or solicitation of trade.
23dec21
EURUSD- 23Dec2021EURUSD- 23Dec2021
On the H4 timeframe, price managed to close back above the lower wedge trendline and 200MA. There are definitely some bullish momentum ongoing. If the price can close above 1.13445 on the daily, we could expect further upside for EURUSD.
This is for personal record purposes only, not financial advise or solicitation of trade.
GBPUSD- 23Dec2021GBPUSD- 23Dec2021
On the H4 timeframe, price bounced back near 1.3360 area and above 200MA. We need to monitor this level closely. If price closes above this level, it could trigger a potential inverse h&s.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 23Dec2021USDMYR - 23Dec2021
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 - 23Dec2021DXY - 23Dec2021
On the H4 time frame, price dropped to support around 96.04.
We could expect a bounce to 1st Resistance at 96.355. 1st Support at 95.860 remains the key level to watch, if the price closes below this level DXY could pullback lower.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDPHP - 23Dec2021USDPHP - 23Dec2021
On the H4, price rebounded back before facing facing bearish pressure from the descending trendline around 50.20. This level was also the daily 20EMA. We could expect the price to drop back to 1st Support at 50.00 before rebounding back.
This is for personal record purposes only, not financial advise or solicitation of trade.