USDMYR - 25Jan2022USDMYR - 25Jan2022
On the H8, price was not able to close above the 3 MAs. We could expect it to pull back lower to 1st Support at 4.1720.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR
USDMYR - 24Jan2022USDMYR - 24Jan2022
On the daily, USDMYR faced bearish pressure from the 20EMA. With oil prices making new highs since 2018, USDMYR is susceptible to pull back lower
On the H8, price was not able to close above the 3 MAs. We could expect it to pull back lower to 1st Support at 4.1640.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 20Jan2022USDMYR - 20Jan2022
On the H8, price has pulled back from the resistance area at around 4.1930. We need to wait and see further price action to determine future directional bias.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 19Jan2022USDMYR - 19Jan2022
On the daily, USDMYR opens higher after the past 2 days of bank holiday. Price is currently at 20EMA and has the potential to bounce up a bit higher to 4.1990 before facing bearish pressure.
On the H8, price is trying to bounce above 3 MAs. It is expected to face extreme bearish pressure however it have slight chance to bouncing up towards daily resistance at 4.1990 before being pushed lower.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 14Jan2022USDMYR - 14Jan2022
On the daily, price bounced just before coming into 200MA support.
On the H8, price has just bounced back above the 23.6% Fib resistance. If H8 candle close above 4.1791, we could expect it to bounce higher to 1st Resistance at 4.1915.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 13Jan2022USDMYR - 13Jan2022
On the daily, price dropped back to 200MA.
On the H8, price have dropped to daily 1st Support at 4.1705. We could expect a short-term bounce and to further monitor future price action.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 12Jan2022USDMYR - 12Jan2022
On the H8, price have been on the decline since oil price continue to go up. We could expect price to at least daily 1st Support at 4.1705 before finding support.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 10Jan2022USDMYR - 10Jan2022
On the weekly, last week candle bounced back to the descending trendline resistance. We could expect price to face bearish pressure and pull back to 1st Support at 4.1895.
On the H8, price bounced to the gap fill area where price is expected to have a short-term pullback to 1st Support at 4.2000. If price close below 4.200 area, we could expect a deeper pull back to 4.1825.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 07Jan2022USDMYR - 07Jan2022
On the daily, price bounced back to descending trendline resistance where it is expected to face bearish pressure.
On the H8, price bounced to the gap fill area where price is expected to have a short-term pullback to 1st Support at 4.2000.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 06Jan2022USDMYR - 06Jan2022
On the daily, price bounced above 2 MAs. It have a bit more upside to 1st Resistance at 4.2055
On the H8, price is bouncing back 1st Resistance at 4.2035. This level will provide short-term resistance as this was the previous breakdown level. We could expect it to pullback and retest 1st Support at 4.1830.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 05Jan2022USDMYR - 05Jan2022
On the H8, price is bouncing back 1st Resistance at 4.1930. This level will provide short-term resistance as it is a 200MA resistance on the H1. Thereafter, we could expect the price to pullback to 1st Support at 4.1835.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 04Jan2022USDMYR - 04Jan2022
On the H8, price is bouncing back to 1st Resistance at 4.1830. We could expect some bearish pressure to push the price down at this level.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 03Jan2022USDMYR - 03Jan2022
On the daily, price is at 50MA support. We could expect this level to hold and a short-term bounce to occur.
On the H8, price dropped to 1st Support before gapping up today. As price is on daily support, we could expect a short-term bounce to 1st Resistance at 4.1830.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 31Dec2021USDMYR - 31Dec2021
On the H8, price closed below the 200MA with confirmation. With Stochastic 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.
USDMYR Exchange RateA long wait for Malaysians looking to change some USD, this is a good time, not the best time but is definitely the rate I've checked earlier this month, 4.2249.
Do your planning now.
Winners plan ahead.
USDMYR - 30Dec2021USDMYR - 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.
USDMYR - 28Dec2021USDMYR - 28Dec2021
On the daily, price closed below the 50MA, pending confirmation.
On the H8, price closed below the 200MA, pending confirmation. With RSI also at support, we could expect a short-term bounce from this level to 1st Resistance at 4.1985.
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.
USDMYR - 24Dec2021USDMYR - 24Dec2021
On the H8, price dropped below the wedge with confirmation. We could expect it to continue its bearish momentum to 1st Support at 4.1860.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 23Dec2021USDMYR - 23Dec2021
On the H8, price dropped and found support at the lower wedge trendline. If price close below with confirmation, we could easily see the price drop to 1st Support at 4.1860.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 22Dec2021USDMYR - 22Dec2021
On the H8, price dropped and found support at the lower wedge trendline. If price close below with confirmation, we could easily see the price drop to 1st Support at 4.1860.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 21Dec2021USDMYR - 21Dec2021
On the H1, prices are consolidating in a wedge. We will have to wait and see which direction it broke out.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 20Dec2021USDMYR - 20Dec2021
On the weekly, price has been consolidating sideways for the last 3 weeks. Not much further indication but if oil price continue to pull back we could expect USDMYR to bounce up higher.
On the H1, price confirm below all 3 MAs. We would have a slight bearish bias downside towards 1st Support at 4.1860.
This is for personal record purposes only, not financial advise or solicitation of trade.
