USDTRY- 22Nov2021 On the monthly timeframe, we could expect 3 white soldier candles forming. Hence a bullish momentum is expected for the rest of Nov21. However, the current price is over-extended. We should be cautious on its further upside. On the H4 timeframe, prices continue to be over-extended. Price may pause to catch a breather. We will need to monitor...
EURUSD- 23Nov2021 On the weekly time frame, price action is potentially forming 3 black crows and is coming into H&S target at 1.11700. We could potentially expect price to continue its bearish momentum this week. On the H4 timeframe, price continue its bearish momentum. Even though RSI is already forming negative bullish divergence, we could expect price to...
GBPUSD- 23Nov2021 On the H4 timeframe, prices are still above the descending trendline. Due to higher time frame weakness, we could potentially see GBPUSD drop to 1st Support at 1.33535. This is for personal record purposes only, not financial advise or solicitation of trade.
USDINR - 23Nov2021 On the daily timeframe , price remain below 2 MAs. We should be cautious with USDINR on the upside as long as price is below these 2 MAs. On the H4 timeframe, prices broke above to the descending trendline. We could expect further upside to 1st Resistance at 74.585. This is for personal record purposes only, not financial advise or...
USDMYR - 23Nov2021 On the H8 timeframe, price is expected to continue its bullish momentum to 1st Resistance at 4.1940 after oil prices are pulling back these few days. This is for personal record purposes only, not financial advise or solicitation of trade.
DXY - 23Nov2021 On the weekly time frame, there could potentially be a formation of 3 white soldiers . We will have to monitor how the price action plays out this week. We could also potentially expect DXY to reach its inverse H&S target at 96.72 this week. On the H4 time frame, prices continue its bullish momentum into confluence of Fib resistances. With its...
USDPHP - 23Nov2021 On the daily time frame, price closed above the descending trendline. There could be further upside momentum after price pull back this week. On the H8 timeframe, price is above all 3 MAs. With the strength in DXY, USDPHP is expected to push up to 1st Resistance at 50.97. This is for personal record purposes only, not financial advise or...