EURUSD- 11Apr2022 On the weekly, EURUSD ended near the lows last week. On the daily, price gapped up higher this morning, there could be a short-term bounce for EURUSD. On the H4, EURUSD gapped up and retraced to fill the gap. If it can close above the 23.6% Fib at 1.09185, we could expect EURUSD to bounce higher to 1st Resistance at 1.09850. This is for...
USDMYR - 11Apr2022 On the weekly, USDMYR closed higher last week. On the H8, USDMYR resumes its bullish momentum after breaking the minor triangle. However, H8 target is only around 4.260. If USD can continue to strengthen across the board + oil price pulling back, this target can be achieved within these few days. This is for personal work record purposes...
DXY - 11Apr2022 On the weekly, DXY tested the major 78.6% Fib resistance at 100.04 last week and face bearish pressure. If price close above 100.04, we could expect DXY to bounce and retest 31Mar20 highs at 102.90 On the H4, price action indicates last Wave 5 might be playing out. H4 Stochastic has came down from the resistance and H1 Stochastic still indicating...
USDPHP - 11Apr2022 On the weekly, USDPHP bounced back strongly after dropping to 20EMA + 1st Support at 51.17. If price can close back above 78.6% Fib resistance at 52.24, we could expect price to retest the recent highs. On the H4, price is bouncing back above the 200MA and is now at 1st Resistance. We could expect price to face bearish pressure at current...
USDCAD- 08Apr2022 On the daily, USDCAD bounced above 20EMA and is now at ascending trendline resistance. Price could have a last impulsive bounce higher to resistance at 1.265000 before facing a lot of bearish pressure. It could potentially coincides with the CAD employment data releasing at GMT 12.30pm On the H4, price is consolidating sideways which could...
EURUSD- 08Apr2022 On the H4, EURUSD closed below daily 78.6% Fib at 1.08870. We will have to wait and see whether price would be able to hold previous lows at 1.08060. This is for personal work record purposes only, not trade / financial advise or solicitation of trade.
DXY - 08Apr2022 On the H4, price action indicates Wave 4 complex correction could be completed and last Wave 5 might be playing out. Stochastic is still at resistance so Wave 5 could be just an quick impulsive but shorter than Wave 3. It would then follow by quick downside possibly at the psychological resistance at 100.00. In addition, H1 Stochastic is already...
USDPHP - 08Apr2022 On the H4, price is rebounding above the 20EMA. It is highly possible that USDPHP would bounce higher to retest daily 20 & 50 MAs resistance at 51.69 before facing bearish pressure. This is for personal work record purposes only, not trade / financial advise or solicitation of trade.
USDCAD- 07Apr2022 On the daily, USDCAD bounced to 20EMA + 1st resistance. We could expect it to face bearish pressure down from here. On the H4, price bounced above 20EMA & 50MA. Price is at daily resistance hence we could expect USDCAD to drop to at least 1st Support 1.24855. This is for personal work record purposes only, not financial advise or solicitation...
EURUSD- 07Apr2022 On the H4, price bounced but faced bearish pressure back down to previous low at 1.08725. Price action and MAs are bearish while both H4 Stochastic is still at support. If price closes below daily 78.6% Fib at 1.08870, we could expect EURUSD to retest the lows. This is for personal work record purposes only, not financial advise or solicitation...
GBPUSD- 07Apr2022 On the H4, price is finding strong demand from support at around 1.30600. Price action is mixed and will need to wait to see whether price bounces higher from here or drop back and retest previous lows at 1.30000. This is for personal record purposes only, not financial advise or solicitation of trade.
USDINR - 07Apr2022 On the H4, USDINR bounced back strongly to the descending trendline + Fib resistance. With RSI also coming into resistance, we could expect USDINR to have a pullback to at least 1st Support at 75.6500. This is for personal work record purposes only, not financial advise or solicitation of trade.
DXY - 07Apr2022 On the H4, price action indicates Wave 4 complex correction might be playing out. Stochastic is still at resistance so there might be a deeper and complex pullback. As long as price action stays above 98.960, the wave count will remain intact and we should expect Wave 5 to push higher. This is for personal work record purposes only, not financial...
USDPHP - 07Apr2022 On the H4, price dropped to near 1st Support at 51.07. If H1 price action is able to follow through and close above both 20EMA & 50MA, we could expect USDPHP to continue bouncing back to daily 1st Resistance at 51.69. This is for personal work record purposes only, not financial advise or solicitation of trade.
USDCAD- 06Apr2022 On the daily, USDCAD finally found support at around 1.24040 and formed a doji candle after selling off for the last 2 weeks. On the H4, price is looking to retest previous supply zone at 1.25425 once it can close above 20EMA & 50MA. USDCAD have potential to retest daily resistance around 1.25600 due to its oversold nature. This is for...
USDTRY- 06Apr2022 On the H4, price is still consolidating sideways trying to bounce above 20EMA and 50MA. Price action is mixed for today and we need to wait and see whether it can bounce above 1st Resistance at 14.88. This is for personal record purposes only, not financial advise or solicitation of trade.
EURUSD- 06Apr2022 On the daily, EURUSD dropped back to channel trendline + 78.6% Fib support. If price breaks this level, it will go back down to retest 1.08130. On the H4, price invalidated the previous inverse h&s by dropping below the neckline. Price action and MAs are bearish while both H4 Stochastic & RSI are at support. If price close below 78.6% Fib at...
GBPUSD- 06Apr2022 On the daily, GPBUSD have dropped back near to the recent lows around 1.3000. On the H4, price faced strong bearish pressure from resistance at 1.31645 and dropped to around 1.3060. Price action is mixed and will need to wait to see whether it can hold previous lows at 1.30000. This is for personal record purposes only, not financial advise or...