USDTRY- 19Jan2022
On the H4, price is consolidating within the 3 MAs. The longer it takes to consolidate, the higher the chance of the price dropping to 1st Support at 12.4850.
This is for personal record purposes only, not financial advise or solicitation of trade.
EURUSD- 19Jan2022
On the daily, EURUSD dropped back to 50MA support even though unexpected improvement from Euro area ZEW economic sentiment.
On the H4 time frame, price plunged to 200MA and Fib confluence support. We could expect a short term bounce to 23.6% Fib resistance at 1.1354.
This is for personal record purposes only, not financial advise or...
GBPUSD- 19Jan2022
On the H1, price is playing out h&s with target around 1.3550. We could expect the price to reach its target by today and bounce higher to retest the descending trendline.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDINR - 19Jan2022
On the daily, price bounced and close back above the 20EMA and 200MA. With such bullish momentum, we could expect it to bounce higher to 1st Resistance at 74.780 today.
On the H4, price has consolidated and ready to push up higher to 1st Resistance at 74.770. With Stochastic at resistance, it might just consolidate sideways and wait for...
USDMYR - 19Jan2022
On the daily, USDMYR opens higher after the past 2 days of bank holiday. Price is currently at 20EMA and has the potential to bounce up a bit higher to 4.1990 before facing bearish pressure.
On the H8, price is trying to bounce above 3 MAs. It is expected to face extreme bearish pressure however it have slight chance to bouncing up towards...
DXY - 19Jan2022
On the daily, price bounced above descending trendline and towards 20EMA where it is expected to face bearish pressure down to the trendline support around 95.40.
On the H4, price bounced to resistance at 95.80 which was also the previous breakdown area. We could expect the price to pull back to at least 1st Support at 95.23
This is for personal...
USDPHP - 19Jan2022
On the daily, price close above the Fib resistance after a period of consolidation. We could expect higher USDPHP is the upcoming days.
On the H4, price bounced to resistance at around 51.60 before facing bearish pressure. Generally USDPHP is trying to breakout and could possibly pull back to support at 51.31 before bouncing higher.
This is...
