USDTRY- 06Dec2021
On the weekly, there is a 3 white soldiers formation. Price could certainly pause for a breather this week.
On the H4 timeframe, RSI is already forming negative bearish divergence thus prices could catch a breather this week. Keeping also in mind that prices also have the possibility to surge up to weekly time frame Elliot Wave 5 target at...
EURUSD- 06Dec2021
On the daily, price are still consolidating sideways after a bounce from its H&S target.
On the H4 timeframe, prices bounced from the Inverse H&S neckline last Friday. We need to maintain further upside possibility as long as the price action is above this neckline.
This is for personal record purposes only, not financial advise or...
GBPUSD- 06Dec2021
On the weekly, prices have been on the bearish streak since closing below the trendline. It is now in the 1st Support area at 1.31780, we could expect a short term bounce from here.
On the H4 timeframe, price broke down from the descending wedge but have not yet confirmed. With RSI indicating negative bullish divergence , we could expect a...
USDINR - 06Dec2021
On the weekly, USDINR follow through to close above the previous candle as well as descending trendline. We could expect further upside for this pair in the near future.
On the H4 timeframe, prices are at small gap fill area. We could expect it to pull back to at least 1st Support at 74.9735 before further upside.
This is for personal record...
USDMYR - 06Dec2021
On the weekly, price pulled back to 2nd Support at 4.205 before bouncing back.
On the H8 timeframe, price is approaching 1st Resistance at 4.2438. We could expect price to retest this level, will have to wait and see whether it can break above.
This is for personal record purposes only, not financial advise or solicitation of trade.
DXY - 06Dec2021
On the weekly, DXY bounced from the 1st Support at 95.54. We could potentially expect deeper pull back to 200MA before continuing up much higher.
On the H4 time frame, prices tested resistance at 96.40. But it is still facing bearish pressure from the descending trendline resistance. We could expect a slight bearish bias as long as prices are...
USDPHP - 06Dec2021
On the
On the H4 timeframe, prices are consolidating in a triangle. We can only wait patiently to see which direction it will break out.
This is for personal record purposes only, not financial advise or solicitation of trade.
