EURUSD- 04Mar2022 On the daily, price dropped to a lower low from the previous day. But it is coming into weekly strong support. On the H4, price has dropped below previous lows of 1.1066 but it is coming into weekly strong support. With RSI indicating negative bullish divergence, we could expect EURUSD to be having a dead cat bounce soon. This is for personal...
GBPUSD- 04Mar2022 On the H4, GBP broke down from the triangle pattern with further downside target to around 1.30500. Price action is currently in sideway consolidation. We could expect it to drop lower to 1st Support at 1.32525. On H1, the ascending trendline proves to be an effective resistance. If price bounces back to this trendline, we could expect bearish...
USDINR - 04Mar2022 On the daily, price is at resistance around 76.00. On the H4, price closed above previous resistance at 75.88. As Stochastic still have room for further upside, we could expect price to bounce higher to 1st Resistance at 76.210. This level is expected to be the max upside for today. This is for personal record purposes only, not financial...
USDMYR - 04Mar2022 On the daily, USDMYR have dropped to MA support. Price could potentially drop lower to retest 200MA support at 4.1820. On the H8, price have dropped and confirmed back below all the 3 MAs. We could expect price to drop lower to 1st Support at 4.1815. This is for personal record purposes only, not financial advise or solicitation of trade.
DXY - 04Mar2022 On the daily, price closed above the previous trendline resistance and is now surging higher. On the H4, price gapped up higher to 1st Resistance at 98.040. The price actions seemed to have completed the Wave (5)-(II) with further upside target around 98.420. In the event of price action closing back below 96.145, this wave count will become...
USDPHP - 04Mar2022 On the daily, USDPHP have closed above previous horizontal overlap resistance at 51.52 for further upside. On the H4, price bounced to resistance at 51.70 and faced bearish pressure. It has pulled back and bounced from the 23.6% Fib support. For today, we could expect USDPHP to bounce higher and test 1st Resistance at 51.82. This is for...
USDCAD- 03Mar2022 On the daily, USDCAD dropped after BOC raised their interest rate from 0.25% to 0.5%. This could strengthen CAD further and push the price down further. On the H4, price dropped below the previous demand zone around 1.26640. As Stochastic still has a bit of lower downside before support, price could potentially drop to the lower parallel...
USDTRY- 03Mar2022 On the H4, price is holding up above the ascending trendline near the 13.800 area. Price action is mixed for now but if it broke below the ascending trendline, we could potentially expect it to drop to daily 20EMA support at 12.580. This is for personal record purposes only, not financial advise or solicitation of trade.
EURUSD- 03Mar2022 On the daily, price dropped to a lower low before bouncing back to close higher and forming a bottoming tail. On the H4, price has dropped below previous lows of 1.1100 area. As RSI is indicating negative bullish divergence, price could potentially have a short-term bounce for EURUSD soon. However, price is expected to face strong bearish...
GBPUSD- 03Mar2022 On the H4, GBP broke down from triangle pattern with further downside target to around 1.30500. Price action is currently in sideway consolidation. On H1, price is bouncing higher to retest the ascending trendline resistance. If price closes above, we could expect it to face strong bearish pressure from 1st Resistance at 1.34580. This is for...
USDINR - 03Mar2022 On the daily, price is facing bearish pressure at the resistance area at 75.895. On the H4, price gapped up and bounced higher but now it has pulled back to 23.6% Fib support. Price is expected to bounce higher but if it could also potentially pull back to gap fill 1st Support at 75.315 before bouncing higher. This is for personal record...
USDMYR - 03Mar2022 On the H8, price confirmed above 200MA. However, currently it has pulled back to 61.8% Fib support. We could expect price to bounce higher from here to 1st Resistance at 4.2115. This is for personal record purposes only, not financial advise or solicitation of trade.
DXY - 03Mar2022 On the daily, price faced bearish pressure at the trendline resistance and closed forming a topping tail. Once price can close above this level, we could expect DXY to surge higher. On the H4, price closed above previous highs at 97.73 before facing bearish pressure down. The price actions seemed to have completed the Wave (5)-(I) with further...
USDPHP - 03Mar2022 On the H4, price have bounced to yesterday's resistance at 51.56 and is now facing bearish pressure. We could potentially expect price to drop to 1st Support at 51.28 before bouncing higher. This is for personal record purposes only, not financial advise or solicitation of trade.
USDCAD- 02Mar2022 On the daily, price dropped back to the previous demand zone around 1.26640 On the H4, price have dropped back into the consolidating channel. Its market structure have changed to lower highs and lower lows for the last 2 days. However on H1, price is consolidating above the descending trendline to bounce higher. If USDCAD can bounce above...
USDTRY- 02Mar2022 On the monthly, USDTRY was not able to close above the previous monthly candle. Hence, price action is mixed for Mar22. On the daily, price could potentially dropped back to retest 20EMA at around 12.580. On the H4, price is holding up above the ascending trendline near the 13.800 area. Price action is mixed for now but if it broke below the...
EURUSD- 02Mar2022 On the H4, price has dropped back down to previous support at 1.11220. We could potentially expect price to drop further to 1st Support at 1.10560. This is for personal record purposes only, not financial advise or solicitation of trade.
GBPUSD- 02Mar2022 On the daily, both 20EMA and 50MA have crossed over for more bearish pressure. On the H4, GBP broke down from triangle pattern with further downside target to around 1.30500. On H1, price have broke below ascending trendline. If price bounces back to retest this trendline, we could expect further bearish pressure to 1st Support at...