15dec21
EURUSD- 15Dec2021EURUSD- 15Dec2021
On the H4 timeframe, price broke below the ascending trendline. With volatility due to quadruple witching and FOMC, we will have to wait and see EURUSD further price reaction.
This is for personal record purposes only, not financial advise or solicitation of trade.
GBPUSD- 15Dec2021GBPUSD- 15Dec2021
On the H4 timeframe, prices have pulled back after breaking out of the descending wedge with confirmation. With Stochastic forming negative bullish divergence, we could expect GBPUSD to bounce higher to 1st Resistance at 1.32955.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDINR - 15Dec2021USDINR - 15Dec2021
On the H4 timeframe, price have finally bounced to 1st Resistance area around 76.156. With Stochastic also at resistance, we could expect price to face some bearish pressure to 1st Support at 75.562 at this level.
This is for personal record purposes only, not financial advise or solicitation of trade.
DXY - 15Dec2021DXY - 15Dec2021
On the H4 time frame, there is a minor horizontal breakout and price bounced up to resistance at 96.630. With the FOMC announcement later today, we will have to wait and see the price reaction after that.
This is for personal record purposes only, not financial advise or solicitation of trade.