GBPUSD- 20Dec2021
On the daily, price bounce to 1st Resistance at 1.33220 and faced bearish pressure from the 20EMA.
On the H4 timeframe, price dropped back to 1.32400 area. With RSI at ascending trendline support, we could expect a short term bounce at this level.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDINR - 20Dec2021
On the weekly, price faced bearish pressure from 1st Resistance at 76.40 as expected. We could expect the price to pull back to at least 75.83. It is also worth noting that USDINR is currently moving inversely of DXY. If DXY strengthens, USDINR drops.
On the H4 timeframe, price is coming into support area at 75.8665. We could expect a...
USDMYR - 20Dec2021
On the weekly, price has been consolidating sideways for the last 3 weeks. Not much further indication but if oil price continue to pull back we could expect USDMYR to bounce up higher.
On the H1, price confirm below all 3 MAs. We would have a slight bearish bias downside towards 1st Support at 4.1860.
This is for personal record purposes...
DXY - 20Dec2021
On the weekly, DXY bounced back near the highs with the volatility from the quadruple witching. The focus now will turn to whether it is able to close above previous monthly candle highs end of Dec21.
On the H4 time frame, price rebounded above the 2MAs. Price action have been sideways since 22Nov21 with resistance at 96.885 and support at...
