USDINR - 20Oct2021
On the H4 timeframe, prices are consolidating sideways inside a triangle pattern. Need to wait out for which direction it will break out before determining the direction.
This is for personal record purposes only, not financial advise or solicitation of trade.
EURUSD- 11Oct2021
EURUSD had a nice bounce to resistance last Friday.
On daily and H4 time frame, there is still negative bullish divergence on Stochastic . We could expect it to continue bounce up further to 1st Resistance.
This is for personal record purposes only, not financial advise or solicitation of trade.
GBPUSD- 11Oct2021
On H4, GBPUSD broke above inverse head & shoulder and is now retesting the neckline, the potential price target is at 1.3900.
If price close below the neckline, it will invalidate the inverse h&s .
This is for personal record purposes only, not financial advise or solicitation of trade.
GBPUSD- 11Oct2021
On H4, GBPUSD broke above inverse head & shoulder and is now retesting the neckline, the potential price target is at 1.3900.
If price close below the neckline, it will invalidate the inverse h&s.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDINR - 11Oct2021
On H4, USDINR bounced and closed above the major resistance of 75.12 at the last hour. This could be a bull trap as both H4 and H1 Stochastic and RSI indicating negative bearish divergence.
We could expect it to pull back to 1st Support before going much higher in the future.
This is for personal record purposes only, not financial advise or...
USDMYR - 11Oct2021
On H4, USDMYR broke below ascending trendline, we could potentially expect it to drop to 1st Support at 4.1530.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDPHP - 11Oct2021
On H4, USDPHP is consolidating at previous breakdown level, we could expect it to drop to retest 1st Support. Stochastic is also indicating bearish momentum.
There is also a slight possibility for the price to retest weekly 1st Support at 49.72 this week.
This is for personal record purposes only, not financial advise or solicitation of trade.
