USDCAD- 04Feb2022
On the H4, price is consolidating at the Fib confluence support. With Canada releasing employment and Ivey PMI data tonight, it is expected to be volatile. Also with oil price going much higher and potential for reversal, USDCAD remain mixed for today.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDTRY- 04Feb2022
On the H4, price have bounce back above all 3 MAs.13.62 remains the crucial pivot where if the price close above it could potentially swing towards 1st Resistance at 14.225.
This is for personal record purposes only, not financial advise or solicitation of trade.
EURUSD- 04Feb2022
EURUSD surged higher after a hawkish twist from ECB's President Christine Lagarde speech. On the daily, price is now above 20EMA, 50MA and descending trendline.
On the H4, price is well above 78.6% Fib resistance. We could expect EURUSD to bounce to 1st Resistance at 1.15000 where it is expected to face bearish pressure.
This is for personal...
GBPUSD- 04Feb2022
On the daily, price managed to confirm above 20EMA, 50MA and descending trendline. Price looks like it could bounce higher to retest 1.3700 level in the near future.
On the H4, price is facing bearish pressure at 61.8% Fib resistance. With Stochastic at resistance, we could expect price to pullback to at least 1st Support at 1.35645.
This is...
USDINR - 04Feb2022
On the weekly, price bounced above 20EMA last week and the price is now pulling back.
On the H4, price is bouncing higher with higher highs and higher lows. We could still expect price to bounce higher from here.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 04Feb2022
On the daily, price is coming into ascending trendline + 200MA support. We could expect USDMYR to bounce from 4.1750 area.
We will also need to monitor oil price simultaneously as it seems to be over-extended and could reverse anytime.
This is for personal record purposes only, not financial advise or solicitation of trade.
DXY - 04Feb2022
On the daily, price is coming into ascending trendline support. There could be a short-term bounce today.
On the H4 & H1, price seems to be playing out h&s with the target to around 94.44. However, the price is now coming into long term ascending trendline support. Also with Stochastic at support, we could expect price to have a short-term...
USDPHP - 04Feb2022
On the H4, price seems to be playing out h&s with downside target to around 50.58. We could potentially expect further downside for USDPHP today.
This is for personal record purposes only, not financial advise or solicitation of trade.
