Hey traders and investors! Just curious anyone ever thought if there is any correlation between the USDKZT rate with oil prices or indices? Looking at other petrocurruncies I am flabbergasted how the USD-KZT can have its own trend and story to stride up and down when there is no reason for that. Have you suspected there is an interference of the clumsy state hand...
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.
If you are earning Malaysia Ringgit(MYR) and your business requires you to use USD. It might be a good opportunity for you to change some of your MYR to USD.
4.139 is quite a good rate and I certainly won't take the risk if I have huge purchases that are due in the coming months.
It is very obvious the US government has some plan in strengthening the USD. There...
If you are looking to change AUD to EUR or you prefer a lower EUR against Australia, today is a better day to do it.
My friend's client was looking to do this exchange. At this moment the exchange rate of EURAUD is at 1.5731. This means you only need 1.5731AUD to exchange for 1 EUR rather than 1.6376AUD to exchange for 1 AUD.
It is a saving of 3.93%. This may...
Likely a very unpopular call, but I think USDCAD ultimately fails here. My quick summary view of the dollar follows, but I will note that there is some event-driven opportunity to make some money in a USDCAD trade, with Hurricane Ida approaching Oil Production in the Gulf of Mexico (likely causing oil to spike).
I have had the view for a couple of months that the...
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...
the Euro Rate Continuation Swing High from Support Level at 1.0880 - the Rate may contain an additional 160 pip higher - Before Price will return to the 78% bar at 1.0801 at this stage within the trend this is only probable - There are two opinions possible here - Or the Rate may return to further highs - Seen at 1.1547 as the current monthly chart cycle a little...
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....
AUDNZD on daily chart
Indicators are on the downside
Price fell on bollinger bottom band
In this case, we can be expected to the decline
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
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Stay short EurGbp or, if you prefear, long GBP!
Since the macro economic data started to improve, the pressure on the exchange rate has became stronger. The beginning of rates normalization will make the UK's currency more expansive versus the Euromoney.
At the same time, the chart seems to confirm the bearish view: It is unlikely (given also the macro-analysis)...
Intraday Analysis Overview
Taking Points
- Technical Strategy: Long@.8380
- Trendline Broken On Daily Chart
- Candlestick Pattern: Morning StarTrend is down, but chart showing possible pullback, and this is considerable counter-trend.
On elliottwave, we are able to count five waves down on NZDUSD and considerable we will be in wave 2 / wave B. Price brokendown...
