USDCAD- 24Mar2022USDCAD- 24Mar2022
On the H4, price is still at confluence Fib support around 1.25440. It is oversold and due for a short term bounce. With H4 Stochastic indicating negative bullish divergence , we could expect USDCAD to have a short-term bounce to at least 1st Resistance at 1.26310.
This is for personal record purposes only, not financial advise or solicitation of trade.
24mar22
USDTRY- 24Mar2022USDTRY- 24Mar2022
On the H4, price is retesting the 61.8% Fib resistance at 14.80. Once price can close back above 78.6% Fib at 14.88, we could expect price to bounce higher to 1st Resistance at 15.08, in-line with daily resistance.
This is for personal record purposes only, not financial advise or solicitation of trade.
EURUSD- 24Mar2022EURUSD- 24Mar2022
On the H4, price is still making higher highs and higher lows after finding bottom around 07Mar22. Due to daily bearish setup, we need to monitor if price drop back below 2nd Support at 1.09105. Once it happens, sentiment will turn bearish and we could expect EURUSD to drop much more lower.
This is for personal record purposes only, not financial advise or solicitation of trade.
GBPUSD- 24Mar2022GBPUSD- 24Mar2022
On the H4, price has pulled back to the critical neckline support at 1.31845. If price can bounce back from this level, we could expect GBPUSD to bounce higher to its inverse h&s target at 1.33970.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 24Mar2022USDMYR - 24Mar2022
On the H4, price bounced as expected to previous resistance at 4.2360. With Stochastic at resistance, USDMYR is looking to pullback/consolidate first before bouncing higher to daily target around 4.28000.
This is for personal record purposes only, not financial advise or solicitation of trade.
DXY - 24Mar2022DXY - 24Mar2022
On the H4, price is once again bouncing higher to retest the upper triangle trendline. Price actions indicates complex Wave 5-(IV) could be completed and is now forming Wave 5-(V)-(III). We could expect higher DXY once it can close above the upper triangle trendline.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDPHP - 24Mar2022USDPHP - 24Mar2022
On the H4, RSI is indicating negative bearish divergence for the last 3 zigzag price action. Once price can break below the ascending trendline, we could expect it to drop lower to 1st Support at 52.05.
This is for personal record purposes only, not financial advise or solicitation of trade.