USDCAD- 25Mar2022
On the H4, price was still not able to get a bounce. Price looks like it want to complete the downside triangle target at 1.24800 before a bounce.
Stochastic for daily is at support while both H4 and H1 are indicating negative bullish divergence. USDCAD is due for a bounce very soon!
This is for personal record purposes only, not financial...
EURUSD- 25Mar2022
On the H4, price is still making higher highs and higher lows after finding bottom around 07Mar22. There are still a lot of resistance for EURUSD if it wants to bounce higher. If it bounces back to 1st Resistance at 1.10700, we could expect it to face bearish pressure from those 2 trendlines.
This is for personal record purposes only, not...
GBPUSD- 25Mar2022
On the H4, price invalidated the potential inverse h&s yesterday. However, it is nicely rebounding higher in a uptrend channel. If GBPUSD can close above the descending trendline today, we could expect price to bounce higher to 1st Resistance at 1.33210.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 25Mar2022
On the H8, price has pulled back to 1st Support at 4.2180. Stochastic also have pulled back from resistance. For today, we could expect USDMYR to bounce back and retest 1st Resistance at 4.2360.
This is for personal record purposes only, not financial advise or solicitation of trade.
DXY - 25Mar2022
On the H4, price got rejected from the descending trendline. Price looks like it will be dropping lower to retest support at 98.00 once it can confirm below the 20EMA and 50MAs. Price action indicates Wave 5-(V)-(II) is still forming.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDPHP - 25Mar2022
On the H4, price has broken below the triangle. With RSI indicating negative bearish divergence for the last 3 zigzag price action, 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.
