USDCAD- 25Feb2022
On the daily, price finally broke above horizontal overlap resistance at around 1.27770. Need to wait and see whether the upside can follow through today.
On the H4, price confirmed above the channel and the MAs. The price is now retracing back, we could expect the price to face demand at the breakout level around 1st Support at around...
USDTRY- 25Feb2022
On the daily, price faced bearish pressure from resistance at 14.2300.
On the H4, price broke above the previous triangle target at around 14.30 before facing bearish pressure to close down at around 14.00. If the political situation intensifies, we could expect the price to rebound and retest 14.6000 resistance.
This is for personal record...
EURUSD- 25Feb2022
On the daily, price plunged below due to Russia's situation.
On the H4, price bounced from double bottom at around 1.1100. It is most likely to face bearish pressure if price bounce to 1st Resistance at 1.12550.
This is for personal record purposes only, not financial advise or solicitation of trade.
GBPUSD- 25Feb2022
On the daily, price broke down below the MAs and trendlines.
On the H4, GBP broke down from the previous parallel channel. The price also broke down from the triangle with downside target to around 1.30500. Price could potentially bounce to 1st Resistance at 1.35010 before facing further downside pressure.
This is for personal record purposes...
USDINR - 25Feb2022
On the daily, price have bounced back above the 20EMA and 50MA. It could be resuming its upside trend in the parallel channel .
On the H4, price bounced back above the long-term trendline. We could expect a bounce from 38.2% Fib retracement and trendline Support at 75.250.
This is for personal record purposes only, not financial advise or...
USDMYR - 25Feb2022
On the daily, USDMYR faced bearish pressure from resistance at 4.2060.
On the H8, price confirmed above 200MA. Price could potentially pull back to as deep as 61.8% Fib support at 4.1870 before further upside take place.
This is for personal record purposes only, not financial advise or solicitation of trade.
DXY - 25Feb2022
DXY surged higher after the Russia-Ukraine situation intensified. On the daily, DXY might have resumed its Elliott Wave 3 upside.
On the H4, price faced bearish pressure from the daily 61.8% Fib resistance at 97.370. H4 price action looks like it is forming Elliott Wave 3-(3). Currently it has pulled back to 23.6% Fib support. Price could...
