USDTRY- 24Nov2021USDTRY- 24Nov2021
On the H4 timeframe, USDTRY continue to be over-extended in midst of domestic monetary issues. Taking cue for Elliot wave 5 count from the weekly time frame, this pair has potential to continue upside till 2nd Resistance at 14.38550.
This is for personal record purposes only, not financial advise or solicitation of trade.
24nov21
EURUSD- 24Nov2021EURUSD- 24Nov2021
On the H4 timeframe, price continue its bearish momentum. Even though RSI is already forming negative bullish divergence , we could expect price to continue dropping to H&S target at 1.11700 before a bounce occurred.
This is for personal record purposes only, not financial advise or solicitation of trade.
GBPUSD- 24Nov2021GBPUSD- 24Nov2021
On the H4 timeframe, prices have fall back below 2 MAs. With Stochastic at support level where previous bounces occurred, we could expect a short-term bounce to 1st Resistance at 1.34470.
This is for personal record purposes only, not financial advise or solicitation of trade.
DXY - 24Nov2021DXY - 24Nov2021
On the H4 time frame, prices are consolidating sideways for further upside to H&S target at 96.72 and possibly 1st Resistance at 96.885. Also noting that there is negative bearish divergence already forming on RSI, price might drop once the target level is achieved
This is for personal record purposes only, not financial advise or solicitation of trade.
USDPHP - 24Nov2021USDPHP - 24Nov2021
On the H4 timeframe, price have pulled back to 1st Support at 50.45. With the overall US dollar strengthening, we could expect the price to bounce to 1st Resistance at 50.97
This is for personal record purposes only, not financial advise or solicitation of trade.