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