DXY - 31Jan2022
On the weekly, price broke above previous highs after last week FOMC announcement. We will have to wait and see whether this week price can close higher. On the daily, price did not close higher above Thursday breakout. We should be slightly cautious as it could be a fake breakout.
On the H4, price bounced to Fib resistance. With Stochastic...
USDPHP - 31Jan2022
On the weekly, price follow through to the downside after previous week topping tail candle. Even though USDPHP is bullish in the weekly timeframe, we could potentially expect it to pullback retest breakout level at 50.71.
On the H4, price broke below the descending trendline. As daily timeframe is currently at support, price could potentially...