USDSGD on the daily chart bounced over a weekly support at 1.35400. The price started then a new impulse and soon will test a minor resistance. IF the price will break and close above the structure we will set a nice long order according to Plancton's strategy. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure ->...
USDSGD is in uptrendline Price is based above key level at 1.3623 Above SMA 100 RSI is above level 50 Above HVN at level 1.3572 It's expected for the continuation of bullish momentum to target first resistance level at 1.3718 then finally target supply zone at level 1.3794
The pair (US Dollar / Singapore Dollar) is somehow taking a rest (range bound) It is highly likely that the uptrend starts soon. And nothing can come in the way of the price until it reaches the target. Tell me what you think of this chart. Thank you!
It will be a good trade if we will catch the bounce I showed on the chart. But, don't hurry! We should wait for confirmation... The potential profit will be 3...5 times bigger than the risk. Push like if you think this is a useful idea! Before to trade my ideas make your own analysis. Write your comments and questions here! Thanks for your support!
We can make our decisions near the Support Level using these examples. If the price will approach slowly we should wait for the breakout. If it will happen fast we can trade buy! Dear followers, the best "Thank you" will be your likes and comments! Before to trade my ideas make your own analysis. Thanks for your support!
USDSGD is in a downtrend on H4, breaking and retesting clear levels. There are two levels marked up - the upper is important mirror level that the price already retested and rejected with a double top, and entry level, which is secondary level of resistance and also the neckline of M formation (double top).
Like many of the USD pairs this week, USD/SGD has shown a lot of strength, from it's lows at the start of the week it has risen 236 PIPS. Price broke to the upside from a descending daily trend channel last week, and this week price has broken again to the upside from a falling wedge. Both good indications that we may be seeing the start of a trend shift. Due to...
Inverse scale set up... Buy USDSGD Share your thoughts in the comments below Like and follow for more content Good Luck
Hi all traders, This is a video analysis on usdsgd. As usual, i have warn some pretty nice levels for you to take the trade for usdsgd. In addition, i have added a small little nugget in the video for traders to understand why usd is gonna be stronger. Hope you like the video analysis. *****Follow me on tradingview for more video analaysis****** ****Like and...
Hi all traders, I hope you have a good day with all the pips from fomc. Now that fomc have settled, this is a trade analysis i have for you all on usdgsd. Please take note of the levels i have informed in usdsgd and trade those levels carefully. Please also help to like and share this video with your friends. Follow me on tradingview for more video...
I see a quite significant weakening of this momentary downtrend on USDSGD, as the indicator shows us, reason for which I believe a long entry could be seen in the next weeks. I'd like to split this trade into two: a medium term one and a long term one. The first one has a 4.00 Risk/Reward ratio which is not bad to me, instead the second one has a more than 3 ratio...
If my long term trend line holds then we could see price price rally.
Midterm forecast: . While the price is above the support 1.3430, beginning of uptrend is expected. . We make sure when the resistance at 1.3754 breaks. . If the support at 1.3430 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: . The RSI downtrend #1 is broken, so the probability of beginning of uptrend is...
Midterm forecast: . While the price is above the support 1.3430, beginning of uptrend is expected. . We make sure when the resistance at 1.3754 breaks. . If the support at 1.3430 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: . The RSI downtrend #1 is broken, so the probability of beginning of uptrend is...
The weak economic projections for the Singaporean economy are very detrimental to the country’s beloved currency. Prices of the US dollar to Singaporean dollar exchange rate are bound to go up to their support level thanks to the recent reports about Singapore’s economy which cast a massive cloud of gloom in the country. Most experts say that Singapore’s economy...
Selling Opportunities continue for USD Singapore Dollar. Wait for the trendline break to go short