USDCAD- 13Apr2022
On the H4, price dropped but bounced back to the 200MA resistance. With H4 Stochastic still at resistance, we could expect price to pull back to at least 1st Support at 1.25715. H1 RSI is also indicating negative bearish divergence for a pull back.
This is for personal work record purposes only, not trade / financial advise or solicitation of trade.
EURUSD- 13Apr2022
On the H4, EURUSD had a short-term rally last night after US Core CPI came in lower than forecast. However, things reversed the next moment pushing EURUSD even lower. For now EURUSD is bouncing off previous lows at around 1.08060. With H4 Stochastic also at support, we will have to wait and see whether this double bottom holds.
This is for...
DXY - 13Apr2022
On the daily, DXY convincingly closed above major 78.6% Fib resistance at 100.04. For now price is overbought and daily Stochastic is at resistance, we could expect a pullback from 1st Resistance at 100.49
On the H4, latest price action have been revised to Wave 3. Both price + H4 Stochastic is at resistance therefore we could expect DXY to...
