USDCAD- 21Feb2022
On the H4, price once again faced strong bearish pressure from the upper channel and is now pulling back. So far price is gyrating within this channel with no clear directional movements.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDTRY- 21Feb2022
On the weekly, this week will be the 8th week that USDTRY is consolidating sideways. If it fails to breakout this week, we could expect it to drop back to 20EMA at 20.45
On the H4, price is once again testing the pivot at 13.620. As it have broke out of triangle pattern on H4, we could potentially expect price to bounce higher to 2nd Resistance...
EURUSD- 21Feb2022
After the last 2 weeks of selling, EURUSD found support from the descending trendline last Friday. It has been bouncing higher today. If EURUSD can bounce higher these 2 days, we could expect it to bounce higher to 1st Resistance at 1.14990.
On the H4, price is facing bearish pressure from the 50MA and trendline resistance. If EURUSD can bounce...
GBPUSD- 21Feb2022
On the daily, price is bouncing higher after last Friday's price action lower. It is definitely looking to bounce higher and retest the 200MA at 1.36830 in the near future.
On the H4, price rebounded back above the descending trendline after price action failed to close below. In accordance with the daily time frame, we could expect GBPUSD to...
DXY - 21Feb2022
On the daily, last week's price action was just consolidating sideways as options expiration took place. Will need to wait out for further clarification.
On the H4, price faced bearish pressure from the 61.8% Fib resistance at 96.15. It is expected to face further bearish pressure if price bounce up higher to 78.6% Fib resistance + small gap fill...
