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28feb22

USDCAD- 28Feb2022USDCAD- 28Feb2022 Today's focus will be on whether USDCAD can close its monthly candle above previous month's candle at 1.2814. If it can close above, USDCAD will have a higher upside in Mar22. On the H4, price have pulled back down to near 78.6% Fib support. It has gapped up and bounced up higher this morning. We could expect USDCAD to bounce higher to retest 1st Resistance at 1.28550. This is for personal record purposes only, not financial advise or solicitation of trade.
Long
by TTMFS
GBPUSD- 28Feb2022GBPUSD- 28Feb2022 Today price action is the focal point for GBPUSD on the monthly timeframe. If price close today below previous month's candle low at 1.33577, GBPUSD is expected to face further bearish pressure in March22. On the H4, price gapped lower on Monday morning after facing bearish pressure from the 38.2% Fib resistance last Friday. On the bigger picture, GBPUSD has further downside target at 1.30500 after it broke below the triangle pattern. This is for personal record purposes only, not financial advise or solicitation of trade.
Short
by TTMFS
USDINR - 28Feb2022USDINR - 28Feb2022 USDINR price action is very mixed due to the geo-political issue. On the monthly if this month's candle closes above previous candle's highs, we could expect further upside. On the H4, price pulled back below the trendline and is now at 20EMA support. We could expect a short-term bounce to 1st Resistance at 75.35. Thereafter will need to further monitor its price action. This is for personal record purposes only, not financial advise or solicitation of trade.
by TTMFS