USDCAD- 23Mar2022
On the daily, price broke below 200MA + ascending trendline though w/o any confirmation yet. With daily Stochastic oversold and at support, we could expect a short-term bounce for USDCAD.
On the H4, price is still at confluence Fib support around 1.25915. It is oversold and due for a short term bounce. With H4 Stochastic indicating negative...
EURUSD- 23Mar2022
On the H4, price faced bearish pressure from the ascending trendline and MAs after rebounding from 1st Support. For today, price is looking to drop lower to retest 1st Support at 1.09510.
This is for personal record purposes only, not financial advise or solicitation of trade.
GBPUSD- 23Mar2022
On the daily, GBPUSD is bouncing back above the 20EMA. Will have to wait and see whether today's can confirm above the 20EMA.
On the H4, price has broken out of Inv H&S neckline at 1.31935 with a potential upside target to around 1.33970. Currently price is at Stochastic resistance, hence it could potentially pull back to neckline at 1.31935...
USDINR - 23Mar2022
On the H4, market structure for recent price action have changed to lower highs and lower lows. Price faced rejection yesterday at the 50% Fib resistance at 76.45. As long as price action is kept below 76.70, we could expect USDINR to drop lower to 200MA at around 75.60.
This is for personal record purposes only, not financial advise or...
USDMYR - 23Mar2022
On the daily, USDMYR managed to bounce back above the trendline to continue its triangle breakout upside target to around 4.2700
On the H4, price has managed to close and confirm above Fib confluence at 4.2120 before pulling back. After a quick pullback, we could expect USDMYR to continue its uptrend to target at 4.27000
This is for personal...
DXY - 23Mar2022
On the H4, price has rebounded and faced bearish at the 78.6% Fib resistance at 98.96. It is consolidating nicely within a triangle pattern for complex Wave 5-(IV). We will have to wait and see which direction would the price breaks out.
In the case that the price breaks below 97.78, wave count will be invalidated.
This is for personal record...
USDPHP - 23Mar2022
On the H4, RSI is indicating negative bearish divergence for the last 3 zigzag price action. Once price can break below the ascending trendline, we could expect it to drop lower to 1st Support at 52.05.
This is for personal record purposes only, not financial advise or solicitation of trade.
