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...
