26nov21
EURUSD- 26Nov2021EURUSD- 26Nov2021
On the H4 timeframe, prices have paused its bearish momentum after reaching the zone of h&s target at 1.11700.
We need to be abit cautious whether the price will have last impulse down to 1.11700 before a bounce occurred.
With RSI forming negative bullish divergence, recovery of EURUSD is definitely coming.
This is for personal record purposes only, not financial advise or solicitation of trade.
GBPUSD- 26Nov2021GBPUSD- 26Nov2021
On the H4 timeframe, prices continue to fall. With DXY reaching its upside target, we should be patient and wait for bullish reversal on GBPUSD.
Stochastic is also at support level where previous bounces occurred, we could expect a short-term bounce to 1st Resistance at 1.3360
This is for personal record purposes only, not financial advise or solicitation of trade.
USDINR - 26Nov2021USDINR - 26Nov2021
On the H4 timeframe, prices were not able to close above important level at 74.60. We should be cautious of further upside as there are higher possibility for the price to pull back and retest 1st Support at 74.1405.
This is for personal record purposes only, not financial advise or solicitation of trade.
DXY - 26Nov2021DXY - 26Nov2021
On the H4 time frame, prices reached the weekly inverse h&s target. With RSI forming negative bearish divergence, will be looking out reversal pattern for DXY to pullback down to 1st Support at 96.21.
This is for personal record purposes only, not financial advise or solicitation of trade.