EURUSD- 15Nov2021 On the weekly timeframe, EURUSD close below 200MA last week. We could expect a short term bounce before it continue to drop further to H&S target at 1.11700 On the H4 timeframe, price is oversold and due for a short term bounce to 1st Resistance at 1.14915. Stochastic is also at support level where previous bounces occurred. This is for...
GBPUSD- 15Nov2021 On the weekly timeframe , price close below previous breakout trendline and is going down in a bearish channel . We could expect continual bearish momentum to 1st Support at 1.32770 this week. On the H4 timeframe, price had a short-term bounce. We could expect further short term bounce to 1st Resistance at 1.34670 before further downside to 1st...
USDINR - 15Nov2021 On the daily time frame, USDINR failed to continue its bullish momentum after a failed breakout 2 weeks ago. Last week price action also closed below 50MA indicating potential further downside. On the H4 timeframe, prices have played out in the previous H&S perfectly. Now it is facing bearish pressure from the descending trendline in which we...
USDMYR - 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...
USDPHP - 15Nov2021 On the daily time frame, price dropped to near 1st support. We could expect it to drop to 1st Support at 49.67 before a bounce. On the H8 timeframe, price is playing out H&S, price target at 49.19. We could expect it to have a short-term bounce to 1st Resistance at 49.94 before continuing dropping to 2nd Support at 49.29. This is for personal...
DXY - 15Nov2021 On the weekly, price surged towards 200MA for the first time since Jul20 and is now coming into resistance. We should expect a pullback this week. On the H4 time frame, price is at resistance. We could expect it to pullback to at least 1st Support at 94.805 before further upside. Stochastic is also at resistance where previous drops...