USDTRY- 09Dec2021
On the H4 timeframe, prices are looking rolling over. We could expect it to pull back to 1st Support at 13.30403. With RSI forming negative bearish divergence, we are waiting to see whether USDTRY is finally pulling back.
This is for personal record purposes only, not financial advise or solicitation of trade.
EURUSD- 09Dec2021
On the H4 timeframe, there could be an alternative inverse h&s in play where EURUSD bounced off twice at the neckline the target will be around 1.14390.
We will have to wait and see today whether the price action can follow through from the bounce yesterday.
This is for personal record purposes only, not financial advise or solicitation of trade.
GBPUSD- 09Dec2021
On the H4 timeframe, prices broke below the descending wedge but price action have not confirmed. With RSI indicating negative bullish divergence, there is high tendency of upside after the price bounce back into the wedge.
On the H1, Stochastic is also indicating negative bullish divergence.
This is for personal record purposes only, not...
USDINR - 09Dec2021
On the H4 timeframe, prices faced bearish pressure around the 75.60 area. With Stochastic at resistance level where previous drops occurred, we could expect USDINR to pull back to 1st Support at 75.16 before a bounce occurs.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 09Dec2021
On the H8 timeframe, price is approaching 1st Support area at 4.2045. We could expect a short-term bounce from this level and then wait out to see what price action it will present.
This is for personal record purposes only, not financial advise or solicitation of trade.
DXY - 09Dec2021
On the H4 time frame, price closed below the 61.8% Fib support. We could expect a short term bounce to 1st Resistance at 96.175 before further drop to 1st Support at 95.620.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDPHP - 09Dec2021
On the H4 timeframe, price just broke below the triangle pattern and is now at support at 50.16. We could expect a short term bounce to 1st Resistance at 50.36 before dropping back to retest 50.16
This is for personal record purposes only, not financial advise or solicitation of trade.
