USDTRY- 27Dec2021USDTRY- 27Dec2021
On the weekly, price had a huge drop from 18.00 to 10.90 which is also the 20EMA. Price could potentially find support at this level.
On the H4 timeframe, price had a weak bounce to around 12.00 before selling off to 10.90. As long as price is above 10.83 on H4, we could still expect a short-term bounce to 13.08 to occur. It is also worth noting that RSI is still at support level where previous bounces occurred.
This is for personal record purposes only, not financial advise or solicitation of trade.
27dec21
EURUSD- 27Dec2021EURUSD- 27Dec2021
On the weekly, last week candle looks like a tweezer reversal. There could be a short-term bottom for EURUSD to bounce back.
On the H4 timeframe, price managed to close back above the lower wedge trendline and 200MA. 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- 27Dec2021GBPUSD- 27Dec2021
On the daily, price have bounced back to previous breakdown trendline resistance at around 1.34210. If the price is able to close above this level, we could expect further upside.
On the H4 timeframe, price is playing out inverse h&s with price target at 1.36100. If the price can close above 1.34290, we could expect further upside to 1st Resistance at 1.35050.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDINR - 27Dec2021USDINR - 27Dec2021
On the weekly, price has pulled back to previous breakout level where it is expected to act as a major support at 74.8440. It is also at daily 50MA.
On the H4 timeframe, price dropped to 200MA 1st Support at 74.9360 which is also a daily support. We could expect a short-term bounce to resistance at 75.3170.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 27Dec2021USDMYR - 27Dec2021
On the daily, price is coming into 50MA and Fib confluence major support around 4.1880.
On the H8, price is also coming 200MA support. We could expect the price to bounce from this level.
This is for personal record purposes only, not financial advise or solicitation of trade.
DXY - 27Dec2021DXY - 27Dec2021
On the weekly, last week price action closed lower and could potentially be a tweezer reversal pattern.
On the H4 time frame, horizontal overlap 1st Support around 95.86 remains a crucial level. If price confirms below this level, we could expect the price to go much lower.
This is for personal record purposes only, not financial advise or solicitation of trade.