USDTRY- 30Dec2021
On the daily, price bounced back to 20EMA. We could expect some bearish pressure and price pulling back.
On the H4 timeframe, price bounced back to 50 & 200 MA. We could expect the price to pull back to around 12.00.
It is worth noting that there is an inverse h&s in play on H1, with price target at 14.04. However, we need to wait and see...
EURUSD- 30Dec2021
On the daily, price is approaching 50MA around 1.1380
On the H4 timeframe, price managed to close back above all the 3MAs. We could expect continued bullish momentum to 1st Resistance at 1.13820.
This is for personal record purposes only, not financial advise or solicitation of trade.
GBPUSD- 30Dec2021
On the daily, price managed to bounce back above 50MA and previous trendline resistance, pending confirmation.
On the H4 timeframe, price is playing out inverse h&s with price target at 1.36100. With RSI at resistance, we could expect a short-term pull back to 1st Support at 1.34265.
This is for personal record purposes only, not financial...
USDINR - 30Dec2021
On the daily, price have confirmed below 50MA and breakout trendline. Need to wait and see whether it confirm below on the weekly timeframe.
On the H4 timeframe, price broke down from the important support level at 75.00 area. With Stochastic at support, we could expect USDINR to retest 1st Resistance at 75.00 before going down further.
There...
USDMYR - 30Dec2021
On the daily, price confirm below 50MA for further downside.
On the H8, price closed below the 200MA with confirmation. With Stochastic also at support, there could be a short-term bounce from this level to 1st Resistance at 4.1865.
This is for personal record purposes only, not financial advise or solicitation of trade.
DXY - 30Dec2021
On the H4 time frame, price bounced to 1st Resistance at 96.355 before facing bearish pressure and drop to horizontal overlap 1st Support around 95.86. This level remains crucial, 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.
