SGDMYR in the coming week it reach a sensitive price range 3.2166, in the coming week's Weekly Candlesticks if it Break and Close below 3.2166, 3.2000 will be broken.
On 20 Apr 2022, SGDMYR shot up to 3.1466. To most Singaporeans who have commitments in Malaysia or Malaysian who are earning SGD, is a no brainer to change their SGD to MYR.
But that night at 10.25pm, right after my Live Session, I've told a group of entrepreneurs NOT to change their SGD to MYR just yet.
If you could wait for a few days. On Fri, 22Apr2022 market...
Long shadow candles appear on the daily chart. Well, before you say anything, yes the candle isn't close yet, but it's a pretty good exchange rate.
If you had earned from trading and the denomination is in USD, it is a good time to withdraw some profits. 4.2240 indeed is a great zone for profit-taking.
You will be surprised, at how much more $$ it will bring you...
If you reside in Malaysia or you have commitments in Malaysia, it is a great opportunity to prepare at least 3months' worth of Malaysia Ringgit for your expenses.
3.11 is a great rate if money allows, if not, and if the spread is reasonable, you might be able to benefit it from trading.
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.
It is a 1.3548 as we speak. If you like to have a higher USD against SGD. You can observe 1.3557 on the 4-hourly chart(UTC+3), if it touches 1.3557 and fail to close above 1.3580, then that probably is the best rate to change. If a break and close above happen, you can wait for 1.3609.
Hey, USDSGD is a pair that I don't usually trade but observe occasionally at it is a counter that aids the decision of my withdrawals.
If you are looking to withdraw the level at 1.2997-1.3107 candle close on the monthly chart is quite important, that level needs to hold if not a potential of it to fall to 1.2762 is possible.
Traders like myself will have to...
If you are looking to change and hold USD for your business or personal agenda, today USDSGD is giving a relatively good rate.
Well, I'm not saying that USDSGD is not going to drop further but if you in need of using it, it's quite a good rate.
Bullish Bat setup for a trading opportunity and this can attribute to the US NFP to give a final push to the entry price, the PRZ and PEZ.
I don't usually trade USDSGD, but the stats on my end shows well when it works on Bat Pattern on the daily chart.
I will be watching closely for this setup and decide if to engage the trade.
Business owners who like to pay...
Today is 1 of the better rate to change USD to SGD. On the daily-chart(left) candle did break and close above the resistance line(red line), although the next bearish candle came down and close below we had an indecision candle that typically I place it as a potential reversal candle.
On the weekly-chart(right) is a Head&Shoulder setup, yes a potential of heading...
I'm waiting for strong SGD and weaker USD to be in my favour for some exchange rate decision and such analysis are also extended to you. If you are waiting for a stronger SGD, wait for it to hit 1.3502 before you exchange it to USD.
Such movement if it is going to happen, it is best to happen within 6weeks.
Make the analysis all by yourself and do not overtrade....
A friend of Forex100 asked when is the better time to exchange her SGD to AUD.
Sadly, she needs it by Tuesday 20 Nov 2018. Our take, change it today and you may like to short the currency to earn back the difference.
If you have questions like this just #askForex100, every week we will be choosing 1 question and share our anlaysis on your question, however,...
If you are using MYR to change for USD for this week, then get it done 1st thing in the morning tomorrow. Might not be the best but definetely 1 of the better time for this week or next week range.
