USDTRY- 29Nov2021
On the weekly, USDTRY pulled back after hitting 1st Resistance at 13.235. We maintain neutral for now and there is a slight chance that price could bounce up to retest this level this week.
On the H4 timeframe, prices faced bearish pressure from 1st Resistance at 12.511. We will need to monitor the price action for further clue. There is...
EURUSD- 29Nov2021
On the weekly, price bounced from the h&s target at around 1.11700 last week. We could expect further bounce up this week.
On the H4 timeframe, prices bounced above 2 MAs, we could expect further bounce to 1st Resistance at 1.13650.
This is for personal record purposes only, not financial advise or solicitation of trade.
GBPUSD- 29Nov2021
On the weekly, GBPUSD dropped to 1st Support at 1.32760 before bouncing back. We could expect a short-term bounce this week.
On the H4 timeframe, prices are consolidating below 20EMA after a bounce from intersection of 2 descending trendlines support. Once price can close above 20EMA, we could expect it to bounce higher to 1st Resistance at...
USDINR - 29Nov2021
On the weekly, USDINR closed above previous descending trendline. We will have to wait and see whether the price can close above this week.
On the H4 timeframe, prices made a W bottom and surge up higher. We need to be slight bullish bias on this pair but have to monitor how the price action will play out this week.
This is for personal...
USDMYR - 29Nov2021
On the weekly, USDMYR is flirting with the Aug21 highs, we will need to wait and see whether it can break above this level.
On the H8 timeframe, prices has been on a bullish uptrend since 01Nov. With Stochastic also at resistance, we could expect USDMYR to pull back from this level.
This is for personal record purposes only, not financial...
USDPHP - 29Nov2021
On the weekly, price ended last week with a doji. With DXY pulling back, USDPHP with turn neutral for this week and need to observe closely for further directional bias.
On the H4 timeframe, prices are still not able to close above all 3 MAs. Price action could be short-term bearish for now.
This is for personal record purposes only, not...
DXY - 29Nov2021
On the weekly, DXY faced bearish pressure pulling back from its Inv H&S target around 96.89 area and pull back to 1st Support at 95.84 to form a doji. We could expect it to retest this level this week.
On the H4 time frame, prices pulled back into ascending channel and support at 95.765. We could expect a short-term bounce to 1st Resistance at...
