USDTRY- 25Jan2022 On the H4, 13.62 remains the crucial pivot . If the price can close above this level, we could expect it to bounce higher to 1st Support at 14.2250. This is for personal record purposes only, not financial advise or solicitation of trade.
EURUSD- 25Jan2022 On the H4, price broke below the descending trendline mentioned yesterday. As Stochastic is forming negative bullish divergence, we remain cautious with EURUSD on further downside. There might a short-term bounce today. This is for personal record purposes only, not financial advise or solicitation of trade.
GBPUSD- 25Jan2022 On the daily, price sliced through 20EMA with ease after UK Services & Manufacturing PMI both came in lower than expected yesterday. On the H4, price found support at 200MA and bounced around 1.34375. With Stochastic at oversold and support level, we could expect price to hold 1st Support and have a short-term bounce to 1st Resistance at...
USDINR - 25Jan2022 On the daily, price is flirting with the 50MA resistance. On the H4, price bounced to potential inverse h&s neckline around 74.65. Will be monitoring closely the price action at this level to see whether the inverse h&s will play out. This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 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.
DXY - 25Jan2022 On the daily, price bounced to 50MA where it is expected to face bearish pressure today. On the H4, price bounced to descending trendline and Fib confluence resistance. With Stochastic forming negative bearish divergence, we could expect DXY to pull back to 1st Support at 95.550 today. This is for personal record purposes only, not financial...
USDPHP - 25Jan2022 On the H4, price bounced to resistance from the 20EMA and 50MAs. Price action is mixed at the moment but looking at daily timeframe, it has further bullish momentum to go up higher. This is for personal record purposes only, not financial advise or solicitation of trade.
USDCAD- 24Jan2022 On the weekly, price bounced from the ascending trendline and 50MA support. On the daily, price is playing out h&s for medium term downside. For the meantime, the price still have a slight chance of bouncing higher to 1.2632 before facing bearish pressure. On the H4, price had a strong breakout above previous 2 peaks and is now pulling back to...
USDTRY- 24Jan2022 On the weekly, price seems to be forming a bullish consolidation for the last 4 weeks. If the price continues further consolidation, we could expect USDTRY to move higher. On the H4, 13.62 remains the crucial pivot. If the price can close above this level, we could expect it to bounce higher to 1st Support at 14.2250. This is for personal...
EURUSD- 24Jan2022 On the daily, EURUSD is trapped in between the 20EMA & 50MA as traders await the FOMC on Wednesday. On the H4, descending trendline & 200MA around 1.13260 remains a crucial level. If the price close below that level, we could expect it to drop lower to 1st Support at 1.12720 easily. This is for personal record purposes only, not financial...
GBPUSD- 24Jan2022 On the weekly, price faced bearish pressure and close lower last week. On the daily, price have dropped to 20EMA support where we could expect a short-term bounce. On the H1, price unexpectedly achieved its h&s target at 1.3550 despite EURUSD closing higher last Friday. On the H4, price is making lower highs and lower lows and we could expect...
USDINR - 24Jan2022 On the daily, price bounced higher but faced bearish pressure and is consolidating just below the 20EMA. As long as the price didn't close above 74.70, we could expect price to face bearish pressure. On the H4, price pulled back below 38.2% Fib at 74.346. It could potentially pulled back to 61.8% at 74.115. If the price break above 74.70, we...
USDMYR - 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...
DXY - 24Jan2022 On the weekly, DXY bounced back last week. On the daily, price bounced above the ascending trendline but is facing bearish pressure from the 20EMA. On the H4, price dropped from resistance around 95.80 and is now consolidating sideways within a range of 95.43 - 95.80. It is expected to consolidate sideways as trader awaits FOMC minutes coming...
USDPHP - 24Jan2022 On the weekly, last week candle formed a topping tail. On the daily, price broke out of the triangle pattern with target around 52.00. With last weekly candle, we need to be cautious as price could pull back first to 20EMA support at 51.09 before further upside. On the H4, price dropped to support at 51.20. Market structure have also changed...
USDTRY- 20Jan2022 Not much have changed for USDTRY, still consolidating sideways. The longer it takes to consolidate below the MAs, the higher the chance of the price dropping to 1st Support at 12.4850. This is for personal record purposes only, not financial advise or solicitation of trade.
EURUSD- 20Jan2022 On the H4 time frame, price bounced to 20EMA resistance and faced bearish pressure. Price action is mixed for now and price have strong resistance around the 1.14185 to clear before EURUSD could go back up further. This is for personal record purposes only, not financial advise or solicitation of trade.
GBPUSD- 20Jan2022 On the H4, price bounced and face bearish pressure from 20EMA and 50MA. Will need to wait and see whether the price can continue to bounce back above 1st Resistance at 1.36610. This is for personal record purposes only, not financial advise or solicitation of trade.