SGDMYR Forex Chart

SINGAPORE DOLLAR / MALAYSIAN RINGGIT

 

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johanchong johanchong PRO SGDMYR, D,
SGDMYR: SGDMYR
9 0 5
SGDMYR, D
SGDMYR

hmmmm..... for Singapore and Malaysia fellow, look carefully for the price action near the trendline good luck!

TraderDK TraderDK SGDMYR, D, Long ,
SGDMYR: NZDJPY LONG
20 0 1
SGDMYR, D Long
NZDJPY LONG

IF Brexit happens, NZD is less affected as AUD is. Though there is an existing positive correlation between AUD & NZD, NZD will not fall as much as AUD. Carry trades prefer NZD Vehicle and with the robust economy with strong immigrant flow and a hot property sector will keep NZD up despite RBNZ's stance on a lower NZD.

LeoYao LeoYao SGDMYR, W, Short ,
SGDMYR: Short SGDMYR From Green Zone
583 1 25
SGDMYR, W Short
Short SGDMYR From Green Zone

Trade per chart indicates. SL is obvious in the chart, same as TP.

LastBattle LastBattle SGDMYR, D, Long ,
SGDMYR: Ringgit is still pricing for further decline
62 0 5
SGDMYR, D Long
Ringgit is still pricing for further decline

This level held pretty well in a triangle since I last posted about SGDRMY, it does look like we are about to see a much higher SGDRMY rates at a projected range of 3.25 - 3.29 .

LastBattle LastBattle USDSGD, M,
USDSGD: More easing measures soon
196 0 8
USDSGD, M
More easing measures soon

It is expected that the Singapore general election should be held within this year, coincide with the 50th anniversary and the death of the former Prime Minister Lee Kuan Yew recently. On one hand, in order to get sympathy votes from people and also a weakening economy globally. It won't help the ruling party if the election were to be held in a period of ...

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