USDTRY- 02Dec2021 On the H4 timeframe, prices broke above previous highs. We could easily expect price to surge up to weekly time frame Elliot Wave 5 target at 14.385. This is for personal record purposes only, not financial advise or solicitation of trade.
EURUSD- 02Dec2021 On the H4 timeframe, prices could be playing out an inverse h&s with target at around 1.14630. As long as price hold above the neckline, we could expect EURUSD to bounce up to the target level in the coming days. This is for personal record purposes only, not financial advise or solicitation of trade.
GBPUSD- 02Dec2021 On the H1, price tested 200MA yesterday. On the H4 timeframe, prices are still in a descending wedge. With RSI indicating negative bullish divergence, we could expect further upside once it breaks above the wedge. This is for personal record purposes only, not financial advise or solicitation of trade.
USDINR - 02Dec2021 On the daily, prices have broke above previous descending trendline and is now consolidating but it has not confirmed. We need to be cautious of the upside. On the H4 timeframe, price bounced from the ascending trendline and is now above all MAs. But with the mixed signal from the daily, we need to be cautious from any upside. This is for...
USDMYR - 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.
DXY - 02Dec2021 On the daily, price bounced higher from the 20EMA. On the H4 time frame, prices could be potentially forming a h&s to move further down. Would have to wait and see whether the price close below neckline with confirmation. This is for personal record purposes only, not financial advise or solicitation of trade.
USDPHP - 02Dec2021 On the H4 timeframe, prices are still consolidating after the bounce. It is still unclear what the price action is trying to convey. This is for personal record purposes only, not financial advise or solicitation of trade.