EURUSD- 25Oct2021EURUSD- 25Oct2021
On the weekly timeframe, price flirted with the 1st Resistance at 1.16730 last week.
On the H4 timeframe, price is still consolidating sideways for the past 4 days. It could have one last push to 1st Resistance at 1.16720 before facing bearish pressure.
This is for personal record purposes only, not financial advise or solicitation of trade.
25oct21
GBPUSD- 25Oct2021GBPUSD- 25Oct2021
On the weekly timeframe, price action last week bounced higher but pull back forming a doji candle. It is now in resistance from 20EMA and 50MA.
On the H4 timeframe, price pulled back last Friday to Support at 1.3742 and has now rebounded. It could face further bearish pressure from 1st Resistance at 1.37845 from 20EMA and breakdown trendline.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDINR - 25Oct2021USDINR - 25Oct2021
On the daily timeframe, USDINR finally bounced from 20EMA and 1st Support at 70.6950. It is now at previous breakdown area at 74.940.
On the H4 timeframe, price bounced back to the resistance level. It has now rebounded to neckline of h&s , price target around 74.075. For today, we could expect it to face bearish pressure and dropped back to 1st Support.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 25Oct2021USDMYR - 25Oct2021
On daily timeframe, price close below trendline. Will need to wait for today close to determine whether there are further downside.
On the H8 timeframe, price is still holding support at 4.1500.
Will need to wait out for today price action to determine further bias.
This is for personal record purposes only, not financial advise or solicitation of trade.
DXY - 25Oct2021DXY - 25Oct2021
On daily timeframe, price is consolidating below 20EMA. There could be potentially bearish pressure to 1st Support at 93.24.
On the H4 time frame, price action is mixed. Even with the negative bullish divergence, DXY was not able to bounce yet.
It could drop to 1st Support at 93.44 before a bounce.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDPHP - 25Oct2021USDPHP - 25Oct2021
On the daily/weekly timeframe, price are still consolidating sideways. Bullish momentum still in tact.
On the H4 timeframe, price is still consolidating within a pennant. Will need to wait and see which direction it will break out.
This is for personal record purposes only, not financial advise or solicitation of trade.