USDMYR - 28Mar2022 USDMYR faced bearish pressure from the resistance at 4.2360. On the daily with the long bearish candle, price could possible drop back to 20EMA + 1st Support at 4.1985 before a bounce. On the H8, price closed below the 20EMA and is now at support. With the bearish momentum, we could expect price to drop further to 1st Support at 4.2000 before...
DXY - 28Mar2022 On the weekly, DXY bounced back to 61.8% Fib last week after bearish candle from the previous week. Price action is indicating that it is forming Wave 3. However, we remain cautious for further upside as weekly Stochastic have started to form negative bearish divergence. On the H4, price remain resilient and bounce back near the descending...
USDPHP - 28Mar2022 On the weekly, USDPHP pulled back last week after the previous week doji candle. Price could potentially pull back lower this week as weekly Stochastic is still at resistance. On the H4, price dropped lower after breaking the triangle and RSI formed negative bearish divergence for the last 3 zigzags. USDPHP has further downside to triangle...
USDCAD- 25Mar2022 On the H4, price was still not able to get a bounce. Price looks like it want to complete the downside triangle target at 1.24800 before a bounce. Stochastic for daily is at support while both H4 and H1 are indicating negative bullish divergence. USDCAD is due for a bounce very soon! This is for personal record purposes only, not financial...
EURUSD- 25Mar2022 On the H4, price is still making higher highs and higher lows after finding bottom around 07Mar22. There are still a lot of resistance for EURUSD if it wants to bounce higher. If it bounces back to 1st Resistance at 1.10700, we could expect it to face bearish pressure from those 2 trendlines. This is for personal record purposes only, not...
GBPUSD- 25Mar2022 On the H4, price invalidated the potential inverse h&s yesterday. However, it is nicely rebounding higher in a uptrend channel. If GBPUSD can close above the descending trendline today, we could expect price to bounce higher to 1st Resistance at 1.33210. This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 25Mar2022 On the H8, price has pulled back to 1st Support at 4.2180. Stochastic also have pulled back from resistance. For today, we could expect USDMYR to bounce back and retest 1st Resistance at 4.2360. This is for personal record purposes only, not financial advise or solicitation of trade.
DXY - 25Mar2022 On the H4, price got rejected from the descending trendline. Price looks like it will be dropping lower to retest support at 98.00 once it can confirm below the 20EMA and 50MAs. Price action indicates Wave 5-(V)-(II) is still forming. This is for personal record purposes only, not financial advise or solicitation of trade.
USDPHP - 25Mar2022 On the H4, price has broken below the triangle. With RSI indicating negative bearish divergence for the last 3 zigzag price action, we could expect it to drop lower to 1st Support at 52.05. This is for personal record purposes only, not financial advise or solicitation of trade.
USDCAD- 24Mar2022 On the H4, price is still at confluence Fib support around 1.25440. It is oversold and due for a short term bounce. With H4 Stochastic indicating negative bullish divergence , we could expect USDCAD to have a short-term bounce to at least 1st Resistance at 1.26310. This is for personal record purposes only, not financial advise or solicitation of trade.
USDTRY- 24Mar2022 On the H4, price is retesting the 61.8% Fib resistance at 14.80. Once price can close back above 78.6% Fib at 14.88, we could expect price to bounce higher to 1st Resistance at 15.08, in-line with daily resistance. This is for personal record purposes only, not financial advise or solicitation of trade.
EURUSD- 24Mar2022 On the H4, price is still making higher highs and higher lows after finding bottom around 07Mar22. Due to daily bearish setup, we need to monitor if price drop back below 2nd Support at 1.09105. Once it happens, sentiment will turn bearish and we could expect EURUSD to drop much more lower. This is for personal record purposes only, not...
GBPUSD- 24Mar2022 On the H4, price has pulled back to the critical neckline support at 1.31845. If price can bounce back from this level, we could expect GBPUSD to bounce higher to its inverse h&s target at 1.33970. This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 24Mar2022 On the H4, price bounced as expected to previous resistance at 4.2360. With Stochastic at resistance, USDMYR is looking to pullback/consolidate first before bouncing higher to daily target around 4.28000. This is for personal record purposes only, not financial advise or solicitation of trade.
DXY - 24Mar2022 On the H4, price is once again bouncing higher to retest the upper triangle trendline. Price actions indicates complex Wave 5-(IV) could be completed and is now forming Wave 5-(V)-(III). We could expect higher DXY once it can close above the upper triangle trendline. This is for personal record purposes only, not financial advise or solicitation of trade.
USDPHP - 24Mar2022 On the H4, RSI is indicating negative bearish divergence for the last 3 zigzag price action. Once price can break below the ascending trendline, we could expect it to drop lower to 1st Support at 52.05. This is for personal record purposes only, not financial advise or solicitation of trade.
USDCAD- 23Mar2022 On the daily, price broke below 200MA + ascending trendline though w/o any confirmation yet. With daily Stochastic oversold and at support, we could expect a short-term bounce for USDCAD. On the H4, price is still at confluence Fib support around 1.25915. It is oversold and due for a short term bounce. With H4 Stochastic indicating negative...
EURUSD- 23Mar2022 On the H4, price faced bearish pressure from the ascending trendline and MAs after rebounding from 1st Support. For today, price is looking to drop lower to retest 1st Support at 1.09510. This is for personal record purposes only, not financial advise or solicitation of trade.