USDTRY- 20Dec2021USDTRY- 20Dec2021
On the weekly, price continue to bounce to 17.00 which is also the 200% Fib extension resistance. With Stochastic at resistance, we will need to monitor next few days whether the price will pull back from here.
On the H4 timeframe, price faced bearish pressure from the 17.00 level. With Stochastic also at resistance, will need to monitor closely whether USDTRY will start to pull back.
This is for personal record purposes only, not financial advise or solicitation of trade.
20dec21
EURUSD- 20Dec2021EURUSD- 20Dec2021
On the daily, price faced bearish pressure from the resistance at 1.13650 area.
On the H4 timeframe, price seems to be consolidating in a parallel channel after the bounce. We will have to monitor 1st Support level at 1.12060 closely to see whether the channel is still intact. Breaking below it will cause EURUSD to go lower.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDPHP - 20Dec2021USDPHP - 20Dec2021
On the weekly, USDPHP close below the 20EMA at 50.07. Price is pretty much sideways since Jul21 with resistance at 50.75 and support at 49.76.
On the H4 timeframe, price is coming into sideway support area at 49.76. We could perhaps see the price bounce again at 49.76.
This is for personal record purposes only, not financial advise or solicitation of trade.