USDCAD- 21Mar2022
On the weekly, USDCAD seemed to have failed the bullish consolidation for the last 6 weeks and is now dropping lower. On the daily, price is at strong support with 200MA + ascending trendline support around 1.25870.
On the H4, price is at confluence Fib support around 1.25915. It is oversold and due for a short term bounce. With H4 Stochastic...
USDTRY- 21Mar2022
On the weekly / daily, USDTRY has been on an uptrend since closing above the previous pivot at 13.90. The next resistance will be at 15.1800.
On the H4, price is retesting the 61.8% Fib resistance at 14.80. Once price can close back above 78.6% Fib at 14.88, we could expect price to bounce higher to 1st Resistance at 15.08.
This is for...
EURUSD- 21Mar2022
On the weekly, price had a bounce last week after failing to confirm below the channel on the previous week. On the daily, EURUSD is facing bearish pressure from the 20EMA.
On the H4, price pulled back to strong support confluence area around 1.10010 with trendlines and 50MAs. If price action close below this area, we could expect EURUSD to...
GBPUSD- 21Mar2022
On the weekly, GBPUSD bounced from the 200MA last week as expected.
On the H4, price has bounced to retest 1.31950 last Friday. This level remains the crucial pivot for further upside once price can close above this level.
This is for personal record purposes only, not financial advise or solicitation of trade.
DXY - 21Mar2022
On the H4, price bounced and faced bearish pressure from the 50MA and 1st Resistance at 98.70. Price action is quite mixed for now and need further confirmation on whether Wave 5-(IV) complex correction have completed.
In the case that the price breaks below 97.79, wave count will be invalidated.
This is for personal record purposes only, not...
USDPHP - 21Mar2022
On both weekly/daily, price is at Stochastic resistance. Price closed last week on a doji and could potentially be pulling back this week.
On the H4 & H1, price bounced back and faced bearish pressure at 78.6% Fib resistance at 52.40. The price could be forming a h&s if it gets rejected at this level and break below the ascending trendline...
