AUDSGD is currently sitting on a solid longstanding 3-year support range. 0.90 price area has been a major order block support and a bounce is expected from the current price range. Weighty volume accumulation has been spotted this last few days / weeks conveying that a trend turnaround is about to commence. Pricewise, the pair is hovering at 1.0 FIB level --...
The Singapore dollar appears to be weaker against several pairs. I believe the "cleanest" setup is on the AUDSGD pair, but this signal also exist on the EURSGD pair as well. Price makes a new lower low. Price fails to push to new lows, confirming that the previous low point holds up. The third test and failure of forming a new lower low is a good indication...
FOREXCOM:AUDSGD has been trading in a range since mid-August. Price not only broke above the upper range boundary but it also remained closed above it in today's session close. As long as price remains above this breakout level at 0.8765, a structural reversal is underway. Since this breakout move and how it closed off, I remain bullish with an upwards...
Hello Guys, This pair is not so popular amongst forex traders but I do trade it sometimes and I might present a good short opportunity soon. Price just created and hunted buy-side liquidity on its way to a daily order block which if it holds, will present a good shorting opportunity. There is also a weekly FVG just above the daily order block. I would be...
TP5 @ 1.0500 (closing ALL Buy Orders) TP4 @ 1.0375 (shaving 25%) TP3 @ 0.9925 (shaving 25%) TP2 @ 0.9640 (shaving 25%) TP1 @ 0.92150 (shaving 25%) BLO @ 0.8860 ⏳ -SL @ 0.8764 🚫
SLO @ 0.9075 ⏳ SSO @ 0.9040 ⏳ TP1 @ 0.8990 (shaving 25%) TP2 @ 0.8940 (shaving 25%) TP3 @ 0.8870 (closing ALL Sell Orders) BLO @ 0.8860 ⏳
Following the remarks of the Chairman of the Federal Reserve, the market has returned to a state of volatility after two trading days of digestion. This volatility is unlikely to be broken before the release of US non-farm payroll data in February, and the market needs such adjustments to repair the impact of the previous sharp drop. Therefore, today's market...
In the four-hour candlestick chart, AUDSGD is currently trending downwards. It's risky to short now as it has reached the bottom level . Taking a long position at this support level is a better option. But remember that, this support area is slightly tested. Long entry: 0.88641 Stop loss: 0.88002 Target: 0.90603 Thanks & regards, Alpha Trading Station...
Today's release of China's impressive PMI data sparked a large inflow of funds into the yuan, causing the sudden decline of the US dollar index. This is clearly a short-term impact and will not change the overall market trend. Therefore, after this abnormal volatility is exhausted, the market will return to its original rhythm. Regarding the operation of the...
Yesterday's sharp drop in the January durable goods data announced by the US Department of Commerce has caused concerns about the US economy and triggered a decline in the US dollar index. Today, the US dollar index is expected to continue its slow upward trend, so it may be a good opportunity to buy at a low price. However, in relation to AUD/USD, it may be a...
Bearish Engulfing Candlestick formed at Pivot Point Level and Parallel Channel Resistance. Entry Coordinates (16:00, 0.91829) Pips = 103.4
Hello ! AUDSGD Is Going To Resistance Line Of Trend Line . You Can Take Short Position At 0.9210 Area & I Hope It Will Go Down Till 0.9020 Area . So You Can Make Good Pips . Thank You So Much .
AUDSGD price pulled back to Pivot Point Level. Waited for Bull Candlestick to form. Entered the market after Bull candlestick completely formed. Volume increased.
It has been awhile folks but I am back posting ideas on TradingView. I have kept watching and trading the markets everyday since I stopped posting and have had other consulting to do forex and market related. I will be posting ideas on a regular basis. The strategy and set ups remain the same! We look for reversal trades after a long trend. Many Singapore...
BEARISH Structure HL, LL formation Inverted hammer and Bearish Engulfing at HL Entry : .9606 SL: .96170
LH LL Formation Bearish structure Entry at .95946 SL at .96165
We are expecting AUDSGD bullish in Weekly TF, market can go down for buy entry from Weekly Demand, We can Confirm buy if market enter for buy from Weekly Demand 1.00409 to Weekly Supply 1.03492
Sell AUDSGD from my entry. Best of luck TP an SL on the chart