USDCAD- 17Mar2022 On the daily, price dropped to 50MA. Overall it is still consolidating inside a triangle. On the H4, price confirmed below 200MA + broke the triangle with downside target of around 1.2480. We could expect price to face bearish pressure if price were to bounce back to 1st Resistance at 1.27460. This is for personal record purposes only, not...
USDTRY- 17Mar2022 Price have confirmed below the MAs in both H1 and H4 to drop lower to daily support around 14.28. If the price can bounce back to H4 1st Resistance at 14.700, we could expect price to face bearish pressure at this level. This is for personal record purposes only, not financial advise or solicitation of trade.
EURUSD- 17Mar2022 On the H4, price bounced higher after the Fed released the interest rate. Typical sell the news even during quadruple witching week. With price at H4 Stochastic, price could have a pull back to 1st Support at 1.09940 before bouncing higher to achieve H1 target around 1.11000 This is for personal record purposes only, not financial advise or...
GBPUSD- 17Mar2022 On the H4, price bounced higher after the Fed released the interest rate. Typical sell the news even during quadruple witching week. With H1 price action achieving inverse h&s target + H4 Stochastic at resistance , we could expect GBPUSD to face bearish pressure from 1st Resistance at 1.31755 before bouncing higher to test daily 1st Resistance...
USDMYR - 16Mar2022 On the H8, price faced bearish pressure after failing to close above 1st Resistance at 4.2120 yesterday. On the bigger picture, USDMYR is pulling back to push up much higher to price target of around 4.2800. Closing back below 20EMA and 50MA would lower the probability of USDMYR achieving the upside target. This is for personal record purposes...
DXY - 16Mar2022 On the H4, price is still consolidating for Wave 5-(IV)(C). With the FOMC announcement later tonight, it will be interesting to see how the price action plays out. As long as price does not close back below 2nd Support at 97.78. We could expect DXY to push higher for Wave 5-(V) in the near term. This is for personal record purposes only, not...
USDPHP - 16Mar2022 On the H4, price is pulling back from the highs at 52.50. With daily Stochastic at resistance, we could expect USDPHP to pull back lower. H4 Stochastic also have room for further downside till support, further adding to the bearishness. This is for personal record purposes only, not financial advise or solicitation of trade.
USDCAD- 15Mar2022 On the daily, USDCAD had a huge bounce yesterday after oil price pulled back by more than 7%. It is now retesting the previous descending trendline. Will just have to wait out in which direction it will breakout. On the H4, price is coming into final 78.6% Fib resistance from previous highs. If price can bounce above, we could expect it to...
USDTRY- 15Mar2022 On the H1, USDTRY have broke out of a triangle with upside target of around 15.1700. We could expect price to bounce higher to that level in the next few days. This is for personal record purposes only, not financial advise or solicitation of trade.
EURUSD- 15Mar2022 On the H4, price is trying to bounce above the 20EMA and 50MA. On the H1, EURUSD just broke and closed above a triangle with an upside target of around 1.1100. Price could potentially be heading these few days. This is for personal record purposes only, not financial advise or solicitation of trade.
GBPUSD- 15Mar2022 On the H4, price is finding support from the daily support at around 1.3000. With Stochastic at support + negative bullish divergence forming for the last few dips, GBPUSD is preparing to bounce back higher to 1st Resistance at 1.31755. This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 15Mar2022 On the H8, price is testing previous resistance around 4.1200. Once price can close above, we could expect USDMYR to surge easily to next resistance at 4.2260. This is for personal record purposes only, not financial advise or solicitation of trade.
DXY - 15Mar2022 On the H4, price is still consolidating for Wave 5-(IV)(b). As long as price do not close back below 2nd Support at 97.78. We could expect DXY to push higher for Wave 5-(V). This is for personal record purposes only, not financial advise or solicitation of trade.
USDPHP - 15Mar2022 On the H4, price is pulling back after closing higher yesterday. With Stochastic pulling back from resistance, price could potentially pull back lower to the ascending trendline before further upside. This is for personal record purposes only, not financial advise or solicitation of trade.
USDCAD- 14Mar2022 On the weekly, USDCAD is consolidating in a triangle pattern. Will just have to wait out on which direction it will breakout. On the H4, price bounced from 200MA + support at 1.27070. With H1 confirming below 200MA, there is a slight more bias for USDCAD to pull back lower to retest 1.27070. This is for personal record purposes only, not...
USDTRY- 14Mar2022 On the weekly, USDTRY have been on an uptrend since closing above previous pivot at 13.90. The next resistance will be at 15.1700. On the H4, price pulled back unexpectedly after Stochastic hit resistance last Friday. Overall price is expected to bounce higher to 1st Resistance at 15.1700. This is for personal record purposes only, not...
EURUSD- 14Mar2022 On the weekly, EURUSD formed a bearish spinning top candle last week. Price has been selling off for the last 5 weeks. On the H4, price faced bearish pressure at the 1.1100 and dropped and dropped near to the 1st Support at 1.08660. With Stochastic at support, we could expect a short-term bounce in EURUSD today. This is for personal record...
GBPUSD- 14Mar2022 On the weekly, GBPUSD has dropped to 200MA + 1st Support around 1.30000. With options expirations this week, we could expect GBPUSD to have a bounce. On the H4, price is coming into Fib confluence support around 1.2966-1.30000. With Stochastic also at support, we could expect GBPUSD to have a short-term bounce soon. This is for personal record...