USDINR - 14Mar2022 On the weekly, price close as a spinning top candle last week above the minor bullish channel. On the larger timeframe, USDINR has room for further upside. On the H4, price is bouncing back to retest previous highs at 77.16 after a strong bounce back last Friday. This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 14Mar2022 On the daily, price looks like it just broke triangle pattern with further upside target of around 4.2700. With oil prices pulling back, it could provide a stronger tail wind for further upside. On the H8, price successfully bounced above all 3 MAs. It have to clear 1st Resistance at 4.2080 before it can bounce much higher. This is for...
DXY - 14Mar2022 On the daily, DXY is rebounding back strongly after facing bearish pressure from the upper trendline resistance. Price is mixed for now as it is coming into Stochastic and upper channel resistance. However, if the geopolitical tension intensifies, we could expect price to surge to 1st Resistance at 100.04 On the H4, price is looking to retest...
USDPHP - 14Mar2022 On the weekly, USDPHP has been on a bullish uptrend for the last 2 weeks ever since breaking above the parallel channel. In anticipation of the 3rd bar, we could expect this week to be further upside for USDPHP. On the H4 if the price is able to close above resistance at 52.34, we could expect the price to bounce to 1st Resistance at 52.80. On...
EURUSD- 11Mar2022 On the H4, price faced bearish pressure and dropped near to the 1st Support at 1.09635. Price action is mixed for today, we just need to wait and see whether EURUSD can change its market structure to higher lows. This is for personal record purposes only, not financial advise or solicitation of trade.
GBPUSD- 11Mar2022 On the daily, yesterday bearish candle engulfed the previous bounce candle. There could potentially be further bearish pressure to lower trendline + 1st Support at 1.30105. On the H4, price dropped and closed lower after facing bearish pressure from the 20EMA. With Stochastic indicating room for further downside to support, we could expect...
USDINR - 11Mar2022 On the daily, the price gapped lower and bounced yesterday. But the price is still close lower than the previous day's candle. On the H4, price bounced from 50MA support at 76.08. As price closed lower on the daily, we could expect USDINR to pullback further to daily / H4 Support at 75.75 This is for personal record purposes only, not...
DXY - 11Mar2022 On the H4, price action is still indicating complex correction of wave count of (5)-(IV) taking place. It dropped to major 1st Support at 97.780 where price met huge on the back of US CPI release. Price is still in minor Wave (IV)-(b) formation where it is expected to bounce and face bearish pressure from 1st Resistance at 98.820 This is for...
USDCAD- 10Mar2022 On the H4, price tried to bounce from the ascending trendline + 20EMA support. Price got rejected and has now broke below the ascending trendline. Once price can close below 20EMA, we could expect price to drop to 1st Support at 1.27440. This is for personal record purposes only, not financial advise or solicitation of trade.
USDTRY- 10Mar2022 On the daily, price closed above previous highs at 14.60. We could expect to price to bounce higher to resistance at 15.83 On the H4, price closed above previous pivot at 14.60 and is now bouncing up higher. We could expect price to continue bouncing to 1st Resistance at 14.86 and face bearish pressure at this level. This is for personal...
EURUSD- 10Mar2022 On the weekly/daily, EURUSD bounced back into the channel after the Russia tension ease. Price is rebounding back to 20EMA around 1.1150. On the H4, price is bouncing above 20EMA and 50MA and is now consolidating sideways. We could expect EURUSD to bounce back higher to 1st Resistance at 1.11780. This is for personal record purposes only, not...
GBPUSD- 10Mar2022 On the H4, price is bouncing back from previous demand zone at 1.3100. With Stochastic indicating room for further upside + sideways consolidation, we could expect price to bounce higher to 1st Resistance at 1.32585. This is for personal record purposes only, not financial advise or solicitation of trade.
USDINR - 10Mar2022 On the H4, price is now at 50MA support at 76.08. With Stochastic at support, we could expect price to bounce back to 1st Resistance at 76.6050. This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 10Mar2022 On the H8, price is facing bearish pressure at the gap fill area + 1st Resistance at 4.1880. We could expect price to pullback and retest 1st Support at 4.1720 today. This is for personal record purposes only, not financial advise or solicitation of trade.
DXY - 10Mar2022 On the daily, DXY faced bearish pressure from the upper trendline resistance and dropped to previous Support at 98.00. Current price action is above daily 61.8% Fib resistance so we could expect price to bounce to 78.6% at 100.02 near future. On the H4, price action is still indicating complex correction of wave count of (5)-(IV) taking place....
USDMYR - 09Mar2022 On the H8, price bounced higher to the gap fill area + 1st Resistance at 4.1835. We could expect price to pullback and retest 1st Support at 4.1720 today. This is for personal record purposes only, not financial advise or solicitation of trade.
DXY - 09Mar2022 On the H4, price action is still indicating complex correction of wave count of (5)-(IV) taking place. Current price action is above daily 61.8% Fib resistance so we could expect price to bounce to 78.6% at 100.02 near future. Stochastic is retreating from resistance today. If price bounces higher today, Stochastic would be forming negative...
USDPHP - 09Mar2022 On the daily, USDPHP surged and confirmed above the channel. With Stochastic at resistance, we could expect to have a short-term pullback. On the H4, price pulled back and rebounded back to the 1st Resistance at 52.35 after Stochastic hit its resistance yesterday. Will have to further monitor the price today. If it breaks above 1st Resistance...