USDMYR - 17Nov2021 USDMYR is bouncing back after oil price pull back from their highs. On the H8 timeframe, price broke above potential inverse h&s neckline will need to monitor tomorrow whether the price action follows through. This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 16Nov2021 On the H8 timeframe, price bounced from support. Today is more of neutral bias and wait for price action to give us further indication. This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 15Nov2021 On the daily timeframe, USDMYR is moving inversely of UKOIL now. It have bounced back towards 50MA resistance for the first time since Aug21. We could expect it to continue its upward trend if UKOIL continues to drop and vice versa. On the H8 timeframe, price is above 20EMA & 50MA. If it continues its upward trend, we could expect it to have...
If you are earning Malaysia Ringgit(MYR) and your business requires you to use USD. It might be a good opportunity for you to change some of your MYR to USD. 4.139 is quite a good rate and I certainly won't take the risk if I have huge purchases that are due in the coming months. It is very obvious the US government has some plan in strengthening the USD. There...
USDMYR - 29Oct2021 On daily timeframe , price is at 200MA strong support for an interim bounce. On the H8 timeframe, price gapped down and open below 1st Support at 4.1410. As daily time-frame is on strong support, we could expect a bounce at this level. This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 28Oct2021 On daily timeframe, price bounced from 1st Support and is now coming into descending trendline resistance. On the H8 timeframe, price is coming into 20EMA and descending trendline resistance. We could expect a pullback from here. This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 25Oct2021 On daily timeframe, price close below trendline. Will need to wait for today close to determine whether there are further downside. On the H8 timeframe, price is still holding support at 4.1500. Will need to wait out for today price action to determine further bias. This is for personal record purposes only, not financial advise or...
USDMYR - 22Oct2021 On the H8 timeframe, price is consolidating sideways. With the pullback in oil price last night, USDMYR might rebound to 1st Resistance at 4.1705. It also looks like it might go down test the daily 200MA some time next week. This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 21Oct2021 On the H8 timeframe, price dropped from resistance. We could expect price to continue dropping to 1st Support at 4.1420. This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 20Oct2021 Price gapped down below trendline today. We could expect further downside. On the H8 timeframe, price gapped down.We could expect further downside to 1st Support at 4.1420. This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 18Oct2021 On H8 timeframe, price bounced to 1st Resistance after gapping down. For today, remain neutral with slight bullish bias as we start the trading week. This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 15Oct2021 On H4 timeframe, price bounced to 1st Resistance after gapping down. We could expect it to continue dropping to 1st Support. This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 14Oct2021 On H4 timeframe, price gap down below major support level indicating future bearish momentum. For now, it's oversold and due for short-term bounce to 1st Resistance before facing bearish to 1st Support. This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 13Oct2021 On H4 timeframe, price is coming into strong 1st support at 4.1520 where it could have a short-term bounce up to 1st Resistance. This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 12Oct2021 On H8, USDMYR broke below ascending trendline, we could potentially expect it to drop to 1st Support at 4.1530. This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 11Oct2021 On H4, USDMYR broke below ascending trendline, we could potentially expect it to drop to 1st Support at 4.1530. This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 08Oct2021 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