USDPHP - 23Mar2022 On the H4, RSI is indicating negative bearish divergence for the last 3 zigzag price action. Once price can break below the ascending trendline, we could expect it to drop lower to 1st Support at 52.05. This is for personal record purposes only, not financial advise or solicitation of trade.
USDPHP - 21Mar2022 On both weekly/daily, price is at Stochastic resistance. Price closed last week on a doji and could potentially be pulling back this week. On the H4 & H1, price bounced back and faced bearish pressure at 78.6% Fib resistance at 52.40. The price could be forming a h&s if it gets rejected at this level and break below the ascending trendline...
USDPHP - 18Mar2022 On both weekly/daily, price is at Stochastic resistance. On the H4 & H1, price is bouncing back to 61.8% Fib resistance at 52.34. The price could be forming a h&s if it gets rejected at this level and break below the ascending trendline support. This is for personal record purposes only, not financial advise or solicitation of trade.
USDPHP - 16Mar2022 On the H4, price is pulling back from the highs at 52.50. With daily Stochastic at resistance, we could expect USDPHP to pull back lower. H4 Stochastic also have room for further downside till support, further adding to the bearishness. This is for personal record purposes only, not financial advise or solicitation of trade.
USDPHP - 15Mar2022 On the H4, price is pulling back after closing higher yesterday. With Stochastic pulling back from resistance, price could potentially pull back lower to the ascending trendline before further upside. This is for personal record purposes only, not financial advise or solicitation of trade.
USDPHP - 14Mar2022 On the weekly, USDPHP has been on a bullish uptrend for the last 2 weeks ever since breaking above the parallel channel. In anticipation of the 3rd bar, we could expect this week to be further upside for USDPHP. On the H4 if the price is able to close above resistance at 52.34, we could expect the price to bounce to 1st Resistance at 52.80. On...
USDPHP - 09Mar2022 On the daily, USDPHP surged and confirmed above the channel. With Stochastic at resistance, we could expect to have a short-term pullback. On the H4, price pulled back and rebounded back to the 1st Resistance at 52.35 after Stochastic hit its resistance yesterday. Will have to further monitor the price today. If it breaks above 1st Resistance...
USDPHP - 08Mar2022 On the daily, USDPHP surged and closed above the channel. With Stochastic at resistance, we could expect to have a short-term pullback. On the H4, price is facing bearish pressure at the 1st Resistance of 52.35. With Stochastic also at resistance, we could expect the price to have a short-term pull back to 1st Support at 51.93. This is for...
USDPHP - 07Mar2022 On the daily, USDPHP has surged above trendline and 1st resistance at 52.06 since it closed above previous horizontal overlap resistance at 51.52. On the H4, price faced bearish pressure from 1st Resistance at 52.06. With Stochastic at resistance, we could expect price to pullback to 1st Support at 51.72. This is for personal record purposes...
USDPHP - 04Mar2022 On the daily, USDPHP have closed above previous horizontal overlap resistance at 51.52 for further upside. On the H4, price bounced to resistance at 51.70 and faced bearish pressure. It has pulled back and bounced from the 23.6% Fib support. For today, we could expect USDPHP to bounce higher and test 1st Resistance at 51.82. This is for...
USDPHP - 03Mar2022 On the H4, price have bounced to yesterday's resistance at 51.56 and is now facing bearish pressure. We could potentially expect price to drop to 1st Support at 51.28 before bouncing higher. This is for personal record purposes only, not financial advise or solicitation of trade.
USDPHP - 02Mar2022 On the H4, price action is mixed. But on the back of USD strengthening across the board, USDPHP is most likely to bounce higher to retest 51.52. Breaking above could potentially push price higher to next daily resistance at 51.79. This is for personal record purposes only, not financial advise or solicitation of trade.
USDPHP - 28Feb2022 On the weekly / daily, price continue to face bearish pressure at the horizontal overlap resistance at 51.52. On the back of USD strengthening across the board, USDPHP is most likely to retest 51.52. Breaking above could potentially push price higher to daily resistance at 51.79. This is for personal record purposes only, not financial advise...
USDPHP - 24Feb2022 On the H4, price broke below the horizontal overlap support at 51.22. When the price rebound back to 51.25, it is expected to face bearish back down to 50.98. This is for personal record purposes only, not financial advise or solicitation of trade.
USDPHP - 17Feb2022 On the H4, price was range-bound between 51.22-51.40 last few days. Price action is mixed for now. If price drops below 1st Support at 51.22, we could expect a short-term drop to next support at 51.10. If price bounces higher, it would face bearish pressure at 51.47 resistance. This is for personal record purposes only, not financial advise or...
USDPHP - 16Feb2022 On the H4, price once again dropped and met demand around the 51.22 area yesterday. Price action is mixed for today between 51.22 - 51.47. In order for USDPHP to continue its daily uptrend, price needs to bounce above 51.47. Dropping below 51.22 will result in USDPHP to pull back short term to 2nd Support at 51.10. This is for personal record...
USDPHP - 15Feb2022 On the H4, price met demand around the 51.22 area yesterday. Price action is mixed for today between 51.22 - 51.47. In order for USDPHP to continue its daily uptrend, price needs to bounce above 51.47. Dropping below 51.22 will result in USDPHP to pull back short term to 2nd Support at 51.10. This is for personal record purposes only, not...
USDPHP - 14Feb2022 On the weekly, USDPHP is consolidating and is facing bearish pressure from the 51.52 last week. However, it is still in bullish trend on the higher time frame as it broke out of the triangle for further upside to target around 52.00 On the H1, price is holding above 200MA at 51.20 nicely. If price confirms below the 200MA, we could expect a...