USDCAD- 26Apr2022
On the daily, USDCAD confirmed above the ascending trendline yesterday. Downside triangle target was invalidated.
On the H4, price faced bearish pressure from the 1st Resistance and is now pulling back. With H4 RSI and Stochastic at resistance, we could expect USDCAD to pull back to at least 1st Support at 1.26550.
Disclaimer: This is for...
EURUSD- 26Apr2022
On the daily, EURUSD plunge below previous lows of 1.0760.
On the H4, price dropped lower but yet to confirm. With oversold condition, we could expect EURUSD to at least rebound to 23.6% Fib Resistance at 1.07535.
This is for personal work record purposes only, not trade / financial advise or solicitation of trade.
GBPUSD- 26Apr2022
On the daily, GBPUSD found support at gap fill + 1st Support at around 1.27410.
On the H4, GBPUSD found demand at 1st Support around 1.26965. It is now rebounding nicely. We could expect a dead cat bounce at least to 23.6% Fib retracement at 1.28035.
Disclaimer: This is for personal work record purposes only, not financial advise or...
USDINR - 26Apr2022
On the daily, USDINR tested the 78.6% Fib retracement at around 76.758 yesterday.
On the H4, price have pull back from the 1st Resistance after Stochastic has pulled back from Stochastic. If price can closes above this level, we could expect it to retest previous highs at 77.055.
Disclaimer: This is for personal work record purposes only,...
USDMYR - 26Apr2022
On the daily, USDMYR has reached its upside triangle breakout target. Noting daily RSI is also at resistance.
On the H8, price is overbought and Stochastic is at resistance. We could expect USDMYR to pull back to 1st Support at 4.3230.
Disclaimer: This is for personal work record purposes only, not financial advise or solicitation of trade.
DXY - 26Apr2022
On the H4, DXY might be facing short-term bearish pressure from 1st Resistance at 101.940. With Daily RSI and H4 Stochastic at resistance, we could expect DXY to pull back to 1st Support at 101.105.
Disclaimer: This is for personal work record purposes only, not financial advise or solicitation of trade.
USDPHP - 26Apr2022
On the H4, USDPHP is pulling back after all the price action and indicators are siding towards short-term top. The price is current at H1 200MA + trendline support. We could expect a short-term bounce based on H1 price action. Noting Daily Stochastic is still at resistance and we could expect deeper pullback.
Disclaimer: This is for personal...
