USDMYR - 07Jan2022
On the daily, price bounced back to descending trendline resistance where it is expected to face bearish pressure.
On the H8, price bounced to the gap fill area where price is expected to have a short-term pullback to 1st Support at 4.2000.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 06Jan2022
On the daily, price bounced above 2 MAs. It have a bit more upside to 1st Resistance at 4.2055
On the H8, price is bouncing back 1st Resistance at 4.2035. This level will provide short-term resistance as this was the previous breakdown level. We could expect it to pullback and retest 1st Support at 4.1830.
This is for personal record purposes...
USDMYR - 05Jan2022
On the H8, price is bouncing back 1st Resistance at 4.1930. This level will provide short-term resistance as it is a 200MA resistance on the H1. Thereafter, we could expect the price to pullback to 1st Support at 4.1835.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 04Jan2022
On the H8, price is bouncing back to 1st Resistance at 4.1830. We could expect some bearish pressure to push the price down at this level.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 03Jan2022
On the daily, price is at 50MA support. We could expect this level to hold and a short-term bounce to occur.
On the H8, price dropped to 1st Support before gapping up today. As price is on daily support, we could expect a short-term bounce to 1st Resistance at 4.1830.
This is for personal record purposes only, not financial advise or...
USDMYR - 31Dec2021
On the H8, price closed below the 200MA with confirmation. With Stochastic at support, there could be a short-term bounce from this level to 1st Resistance at 4.1865.
This is for personal record purposes only, not financial advise or solicitation of trade.
A long wait for Malaysians looking to change some USD, this is a good time, not the best time but is definitely the rate I've checked earlier this month, 4.2249.
Do your planning now.
Winners plan ahead.
USDMYR - 30Dec2021
On the daily, price confirm below 50MA for further downside.
On the H8, price closed below the 200MA with confirmation. With Stochastic also at support, there could be a short-term bounce from this level to 1st Resistance at 4.1865.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 28Dec2021
On the daily, price closed below the 50MA, pending confirmation.
On the H8, price closed below the 200MA, pending confirmation. With RSI also at support, we could expect a short-term bounce from this level to 1st Resistance at 4.1985.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 27Dec2021
On the daily, price is coming into 50MA and Fib confluence major support around 4.1880.
On the H8, price is also coming 200MA support. We could expect the price to bounce from this level.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 24Dec2021
On the H8, price dropped below the wedge with confirmation. We could expect it to continue its bearish momentum to 1st Support at 4.1860.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 23Dec2021
On the H8, price dropped and found support at the lower wedge trendline. If price close below with confirmation, we could easily see the price drop to 1st Support at 4.1860.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 22Dec2021
On the H8, price dropped and found support at the lower wedge trendline. If price close below with confirmation, we could easily see the price drop to 1st Support at 4.1860.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 21Dec2021
On the H1, prices are consolidating in a wedge. We will have to wait and see which direction it broke out.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 20Dec2021
On the weekly, price has been consolidating sideways for the last 3 weeks. Not much further indication but if oil price continue to pull back we could expect USDMYR to bounce up higher.
On the H1, price confirm below all 3 MAs. We would have a slight bearish bias downside towards 1st Support at 4.1860.
This is for personal record purposes...
USDMYR - 17Dec2021
On H1, price confirm below all 3 MAs. We could expect further downside to 1st Support at 4.1860.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 16Dec2021
On the H8 timeframe, price gapped down into 2 MAs. With oil price on the rebound, we could expect USDMYR to drop lower.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 15Dec2021
On the H8 timeframe, price have bounced back to 1st Resistance around 4.2438 area. We will wait and see whether USDMYR can break above this level
This is for personal record purposes only, not financial advise or solicitation of trade.
