USDMYR - 02Dec2021USDMYR - 02Dec2021 On the H8 timeframe, prices bounced back above the 20EMA and is now testing the 61.8% retracement. We could expect USDMYR continue upwards if UKOIL continue to drop. This is for personal record purposes only, not financial advise or solicitation of trade.by TTMFS0
USDMYR - 30Nov2021USDMYR - 30Nov2021 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 advise or solicitation of trade.Shortby TTMFS0
USDMYR - 29Nov2021USDMYR - 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 advise or solicitation of trade.Shortby TTMFS0
USDMYR - 26Nov2021USDMYR - 26Nov2021 On the H8 timeframe, price have bounced back higher to recent Aug21 highs. We will have to monitor closely whether it can break above this level. This is for personal record purposes only, not financial advise or solicitation of trade.by TTMFS0
USDMYR - 24Nov2021USDMYR - 24Nov2021 On the H8 timeframe, price is expected to continue its bullish momentum to strong 1st Resistance at 4.2210 where previous break down occurs. This is for personal record purposes only, not financial advise or solicitation of trade.Longby TTMFS0
USDMYR - 23Nov2021USDMYR - 23Nov2021 On the H8 timeframe, price is expected to continue its bullish momentum to 1st Resistance at 4.1940 after oil prices are pulling back these few days. This is for personal record purposes only, not financial advise or solicitation of trade.Longby TTMFS0
USDMYR - 22Nov2021USDMYR - 22Nov2021 On the daily time frame, 1st Resistance at 4.1870 would be the focal point. If price can close above this level, there could be further upside due to monthly bullish setup. On the H8 timeframe, price reached the small inverse h&s target at 4.1830. With the 20EMA + 200MA crossover and UKOIL price pulling back, price could potentially continue its bullish momentum to 1st Resistance at 4.1990. This is for personal record purposes only, not financial advise or solicitation of trade.Longby TTMFS0
USDMYR - 19Nov2021USDMYR - 19Nov2021 On the H8 timeframe, a small inverse h&s is playing out. We could expect the price to at least bounce to 1st Resistance at 4.1830 before a drop. This is for personal record purposes only, not financial advise or solicitation of trade.Shortby TTMFS0
USDMYR - 18Nov2021USDMYR - 18Nov2021 On the H8 timeframe, a small inverse h&s is playing out. We could expect the price to at least bounce to 1st Resistance at 4.1830 before a drop. This is for personal record purposes only, not financial advise or solicitation of trade.by TTMFS0
USDMYR - 17Nov2021USDMYR - 17Nov2021 USDMYR is bouncing back after oil price pull back from their highs. On the H8 timeframe, price broke above potential inverse h&s neckline will need to monitor tomorrow whether the price action follows through. This is for personal record purposes only, not financial advise or solicitation of trade.Longby TTMFS0
USDMYR - 16Nov2021USDMYR - 16Nov2021 On the H8 timeframe, price bounced from support. Today is more of neutral bias and wait for price action to give us further indication. This is for personal record purposes only, not financial advise or solicitation of trade.by TTMFS0
USDMYR - 15Nov2021USDMYR - 15Nov2021 On the daily timeframe, USDMYR is moving inversely of UKOIL now. It have bounced back towards 50MA resistance for the first time since Aug21. We could expect it to continue its upward trend if UKOIL continues to drop and vice versa. On the H8 timeframe, price is above 20EMA & 50MA. If it continues its upward trend, we could expect it to have strong 1st Resistance at 4.1472. This is for personal record purposes only, not financial advise or solicitation of trade.by TTMFS0
USDMYR - Exchange RateIf you are earning Malaysia Ringgit(MYR) and your business requires you to use USD. It might be a good opportunity for you to change some of your MYR to USD. 4.139 is quite a good rate and I certainly won't take the risk if I have huge purchases that are due in the coming months. It is very obvious the US government has some plan in strengthening the USD. There are 2 major headlines you should be aware of. 1. US Secretary-General Janet Yellen said the debt limit is hurting the US. 2. Recent G20 Summit, President Joe Biden is going to push forth a minimum cooperate tax bill that will affect tech giants and corporate that set up manufacturing factories overseas. If you are patient you can wait for 4.0693 to stock up USD. But for it to happen, the market has to break and close below 4.139 on the Weekly Chart.Shortby RaynLim2
USDMYR - 29Oct2021USDMYR - 29Oct2021 On daily timeframe , price is at 200MA strong support for an interim bounce. On the H8 timeframe, price gapped down and open below 1st Support at 4.1410. As daily time-frame is on strong support, we could expect a bounce at this level. This is for personal record purposes only, not financial advise or solicitation of trade. Longby benson.yzh0
USDMYR - 28Oct2021USDMYR - 28Oct2021 On daily timeframe, price bounced from 1st Support and is now coming into descending trendline resistance. On the H8 timeframe, price is coming into 20EMA and descending trendline resistance. We could expect a pullback from here. This is for personal record purposes only, not financial advise or solicitation of trade. Shortby benson.yzh0
USDMYR - 25Oct2021USDMYR - 25Oct2021 On daily timeframe, price close below trendline. Will need to wait for today close to determine whether there are further downside. On the H8 timeframe, price is still holding support at 4.1500. Will need to wait out for today price action to determine further bias. This is for personal record purposes only, not financial advise or solicitation of trade. by benson.yzh0
USDMYR - 22Oct2021USDMYR - 22Oct2021 On the H8 timeframe, price is consolidating sideways. With the pullback in oil price last night, USDMYR might rebound to 1st Resistance at 4.1705. It also looks like it might go down test the daily 200MA some time next week. This is for personal record purposes only, not financial advise or solicitation of trade. by benson.yzh0
USDMYR - 21Oct2021USDMYR - 21Oct2021 On the H8 timeframe, price dropped from resistance. We could expect price to continue dropping to 1st Support at 4.1420. This is for personal record purposes only, not financial advise or solicitation of trade. Shortby benson.yzh0
USDMYR - 20Oct2021USDMYR - 20Oct2021 Price gapped down below trendline today. We could expect further downside. On the H8 timeframe, price gapped down.We could expect further downside to 1st Support at 4.1420. This is for personal record purposes only, not financial advise or solicitation of trade. Shortby benson.yzh0
USDMYR - 18Oct2021USDMYR - 18Oct2021 On H8 timeframe, price bounced to 1st Resistance after gapping down. For today, remain neutral with slight bullish bias as we start the trading week. This is for personal record purposes only, not financial advise or solicitation of trade. by benson.yzh0
USDMYR - 15Oct2021USDMYR - 15Oct2021 On H4 timeframe, price bounced to 1st Resistance after gapping down. We could expect it to continue dropping to 1st Support. This is for personal record purposes only, not financial advise or solicitation of trade. Shortby benson.yzh1
USDMYR - 14Oct2021USDMYR - 14Oct2021 On H4 timeframe, price gap down below major support level indicating future bearish momentum. For now, it's oversold and due for short-term bounce to 1st Resistance before facing bearish to 1st Support. This is for personal record purposes only, not financial advise or solicitation of trade. by benson.yzh1
USDMYR - 13Oct2021USDMYR - 13Oct2021 On H4 timeframe, price is coming into strong 1st support at 4.1520 where it could have a short-term bounce up to 1st Resistance. This is for personal record purposes only, not financial advise or solicitation of trade. by benson.yzh1