USDPHP - 09Dec2021USDPHP - 09Dec2021
On the H4 timeframe, price just broke below the triangle pattern and is now at support at 50.16. We could expect a short term bounce to 1st Resistance at 50.36 before dropping back to retest 50.16
This is for personal record purposes only, not financial advise or solicitation of trade.
USDPHP
USDPHP - 07Dec2021USDPHP - 07Dec2021
On the H4 timeframe, price just broke below the triangle pattern. We need to wait for the next candle close on H1 and H4 to determine whether downside will continue. For now, we could expect price to drop to 1st Support at 50.16.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDPHP - 29Nov2021USDPHP - 29Nov2021
On the weekly, price ended last week with a doji. With DXY pulling back, USDPHP with turn neutral for this week and need to observe closely for further directional bias.
On the H4 timeframe, prices are still not able to close above all 3 MAs. Price action could be short-term bearish for now.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDPHP - 24Nov2021USDPHP - 24Nov2021
On the H4 timeframe, price have pulled back to 1st Support at 50.45. With the overall US dollar strengthening, we could expect the price to bounce to 1st Resistance at 50.97
This is for personal record purposes only, not financial advise or solicitation of trade.
USDPHP - 23Nov2021USDPHP - 23Nov2021
On the daily time frame, price closed above the descending trendline. There could be further upside momentum after price pull back this week.
On the H8 timeframe, price is above all 3 MAs. With the strength in DXY, USDPHP is expected to push up to 1st Resistance at 50.97.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDPHP - 21Nov2021USDPHP - 21Nov2021
On the daily time frame, price flirted with 1st Resistance at 50.72 before closing back below the descending trendline resistance. We could expect a pullback today.
On the H8 timeframe, price is facing resistance from the neckline and 1st Resistance. We could expect it to drop to 1st Support at 50.30
This is for personal record purposes only, not financial advise or solicitation of trade.
USDPHP - 15Nov2021USDPHP - 15Nov2021
On the daily time frame, price dropped to near 1st support. We could expect it to drop to 1st Support at 49.67 before a bounce.
On the H8 timeframe, price is playing out H&S, price target at 49.19. We could expect it to have a short-term bounce to 1st Resistance at 49.94 before continuing dropping to 2nd Support at 49.29.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDPHP - 28Oct2021USDPHP - 28Oct2021
On the H4 timeframe, price continued consolidating after breaking out of the triangle pattern and just retested the apex of the triangle. We could expect further sideways consolidating for these 2 days.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDPHP - 26Oct2021USDPHP - 26Oct2021
Very volatile USDPHP price action this morning. On Daily time frame, it have dropped to 1st Support early morning.
On the H4 timeframe, price broke out of triangle pattern and just retested the apex of the triangle. We could expect further upside for USDPHP in the coming days.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDPHP - 25Oct2021USDPHP - 25Oct2021
On the daily/weekly timeframe, price are still consolidating sideways. Bullish momentum still in tact.
On the H4 timeframe, price is still consolidating within a pennant. Will need to wait and see which direction it will break out.
This is for personal record purposes only, not financial advise or solicitation of trade.