USDTRY- 15Feb2022
On the H4, price is climbing higher after breaking the upper trendline wedge. If the price can close above long-term pivot at 13.620, we could expect it to easily bounce higher to 2nd resistance at 14.285.
This is for personal record purposes only, not financial advise or solicitation of trade.
EURUSD- 15Feb2022
On the daily, price dropped below 20EMA and 50MA. It found support from the long-term descending trendline.
On the H4, price have dropped lower since breaking below the pivot at 1.13800. We could expect a short-term bounce before EURUSD today. If the price bounces back to 1st Resistance at 1.13620, EURUSD is expected to face strong bearish...
GBPUSD- 15Feb2022
On the daily, price dropped and bounced from the long-term descending trendline. Price action is mixed for now and we should wait for further clarification for the time being.
On the H4, price initially closed below the pivot but met strong demand from the 1st Support at 1.3500 area. It have however confirmed below all the 3 MAs, we could...
USDINR - 15Feb2022
On the H4, price was not able to bounce higher to 1st Resistance at 75.8550 yesterday. H4 Stochastic is also at resistance for pull back.
On the H1, RSI is indicating negative bearish divergence while Stochastic is at resistance. With all the indicators aligning for possible pull back, we could expect USDINR to pull back to H4 1st Support at...
USDMYR - 15Feb2022
On the daily, USDMYR has bounced above resistance-turned-support descending trendline and 20EMA and is now pulling back. On the macro factor, this is the 9th week oil price is moving higher with strong upcoming resistance at 98-100 and any pull back on oil price could push USDMYR higher.
On the H8, price closed above the descending trendline....
DXY - 15Feb2022
On the daily, DXY bounced and confirmed above 20EMA and 50MA. It is now at 50% Fib resistance around 96.34.
On the H4, price is at Fib confluence resistance with a demand candle around at 96.40 area. With several resistance factors, we could expect DXY to at least pull back to 1st Support at 95.955 before bouncing higher today.
This is for...
USDPHP - 15Feb2022
On the H4, price met demand around the 51.22 area yesterday. Price action is mixed for today between 51.22 - 51.47. In order for USDPHP to continue its daily uptrend, price needs to bounce above 51.47. Dropping below 51.22 will result in USDPHP to pull back short term to 2nd Support at 51.10.
This is for personal record purposes only, not...
