DXY - 31Mar2022
On the H4, DXY seemed to have failed the triangle breakout to the upside and has now reversed and confirmed to the downside. With price currently at 200MA support + Stochastic support, we could expect DXY to have a short-term bounce to 1st Resistance at 98.08.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDCAD- 31Mar2022
On the H4, USDCAD finally bounced from Fib confluence supports at 1.2430. If price were to bounce up directly to 1st Resistance at 1.25395, we could expect USDCAD to face bearish pressure.
This is for personal record purposes only, not financial advise or solicitation of trade.
EURUSD- 31Mar2022
On the H4, price broke the long-term descending triangle triggering inverse h&s with upside target to around 1.14770. But for now price is at ascending trendline & 1st Resistance at 1.11790. With H4 Stochastic also at resistance, we could expect EURUSD to pullback to at least 1st Support at 1.10930.
This is for personal record purposes only,...
GBPUSD- 31Mar2022
GBP price action looks weak compared to EUR for the last few days.
On the H4, price tried to bounce from the support at 1.30500. We will need to wait and see whether its market structure can form higher highs and higher lows. If it drops lower, we also need to wait and see whether previous bottom at 1.3000 can hold.
This is for personal record...
USDINR - 31Mar2022
On the H4, there could potentially be a h&s in play with downside target of 74.35. If the price were to bounce back to 1st Resistance at 76.19, it could potentially face bearish pressure to push the price down to 74.35.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 31Mar2022
On the H8, price is making lower highs and lower lows. It is currently at Fib confluence + 50MA support. We could expect a short-term bounce to 1st Resistance at 4.2125.
This is for personal record purposes only, not financial advise or solicitation of trade.
DXY - 28Mar2022
On the H4, DXY seemed to have failed the triangle breakout to the upside and has now reversed and confirmed to the downside. With price currently at 200MA support + Stochastic support, we could expect DXY to have a short-term bounce to 1st Resistance at 98.08.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDPHP - 31Mar2022
On the H4, price dropped lower last 2 days after RSI formed negative bearish divergence. Price is now approaching 200MA support at 51.79-51.84. We could expect price to rebound from this level.
This is for personal record purposes only, not financial advise or solicitation of trade.
