GBPUSD- 08Oct2021 GBPUSD bounced to the descending trendline resistance. Will need to monitor closely whether price can close above. If price close above with confirmation, there will be an inverse h&s in play with price target to 1.39030, which is also the recent swing high resistance. This is for personal record purposes only, not financial advise or...
USDINR - 08Oct2021 USDINR pulled back nicely yesterday, expecting to retest major 1st Resistance at 75.00. Will need to monitor closely whether price can close above. Most likely will face bearish pressure today and break above 1st Resistance next week. This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 08Oct2021 USDMYR have limited upside and could face further bearish to 1st Support once it broke below the ascending trendline on the H4. This is for personal record purposes only
DXY - 08Oct2021 DXY illustrating a mixed picture as market participants await tonight non-farm payroll result. Longer-term weekly time frame indicate a bullish momentum with limited upside. Price broke out of descending trendline on H1 for possible upside momentum. This is for personal record purposes only, not financial advise or solicitation of trade.
USDPHP - 08Oct2021 USDPHP plunged yesterday and found support at 50.21. We could expect it to retest 1st Resistance at 50.57 before dropping back down to retest 1st Support again at 50.21. We could expect further downside in USDPHP until RSI come into support at around 37.28 This is for personal record purposes only, not financial advise or solicitation of trade.
EURUSD- 07Oct2021 EURUSD continue to drop yesterday but there could be limited downside due to RSI forming bullish negative divergence. We could expect it to bounce to 1st Resistance. This is for personal record purposes only, not financial advise or solicitation of trade.
GBPUSD- 07Oct2021 GBPUSD dropped from daily resistance level as expected yesterday. Today will more of neutral with slight bullish bias due to price close above 20EMA and 50MA. If it breaks above the descending trendline, there could potentially be a inverse head & shoulder in play. This is for personal record purposes only, not financial advise or solicitation...
USDINR - 07Oct2021 USDINR have played out the inverse head & shoulder target to 74.840. We could expect to it pullback to 1st Support before further monitoring the price action. Stochastic is also coming into resistance where it could pullback further This is for personal record purposes only
DXY - 07Oct2021 DXY was not able to bounce back to previous high yesterday indicating a possible start of a pullback. It will have limited upside once Stochastic also hit the resistance level . We could expect it to pull back to 1st Support. This is for personal record purposes only
USDMYR - 07Oct2021 USDMYR have limited upside and could face further bearish to 1st Support once it broke below the ascending trendline on the H4. This is for personal record purposes only
USDPHP - 07Oct2021 USDPHP faced bearish pressure from the descending trendline resistance, limited upside for today. We could expect it to have a short-term bounce again to descending trendline resistance and drop to 1st Support. This is for personal record purposes only
EURUSD analysis for 06Oct2021 EURUSD is still facing bearish pressure however its weekly is coming into strong support and H4 time frame is starting to show signs of bullish negative divergence. This is for personal record purposes only
EURUSD analysis for 06Oct2021 EURUSD is still facing bearish pressure however its weekly is coming into strong support and H4 time frame is starting to show signs of bullish negative divergence. This is for personal record purposes only