USDSGD - 2a - 180126 - LONG - OANDA - AR - 4H - (RRR 8.42)
USDSGD - 2a - 180122 - LONG - OANDA - AT - 4H - (RRR 3.66)
Conclusion for today’s analysis: The minimum expectation for the USDSGD is ~1.33439. Price action from May 03, 2018 to current date is shown in today's analysis for the USDSGD on a 6 hour timeframe. A top formation that took almost 6 months to complete i.e. between July 02, 2018 to December 27, 2018 is identified as a complex head and shoulders...
We have nice bearish AO crossover, now just see if we got some pullback/retest and see if we stay below zero. Should be formed nice bearish flag pattern.
SGD/CHF is not holding strong and broke under the 50 EMA on the daily timeframe. MACD daily has also crossed the zero line and we have convergence down. AS the pair goes down, we will see how strong the bearish move is and wheter we can keep holding to the next TPs. First TP: 0.7153 Second TP: 0.7105 Third TP: 0.7055 You must leave enough space for your SL....
USDSGD H1 Targeting next area of minor resistance
Pattern: Lower slope Channel Down detaching from the 4H Channel Down. Signal: Short on the common Lower High. Target: 1.34680 which is the emerging Channel's LL.
By from what I am seeing there's a big sell to the down side.
In this video update, we take a look at USDSGD as it approaches a key support level. If the market can break lower and sellers push the market further we can look for continuation trades into the next key support zone.
Long term bias: Bullish Entry details: Price has been rejected many times off the 1.36100 - 1.36200 support zone. Target other side of the range in order to have a good reward to risk ratio. R:R=3.72
USDSGD Trading Bias: Short Technical Strategy: Harmonic Bat *Wait for price to reach the Sell Zone*
In this video update, we take a look at USDSGD and how it is trading between to key significant levels. Price action suggests we are going to see further declines in this market and the 4hr chart is starting to move lower in line with the daily price action. The minor resistance level highlighted in the video would be a likely area for the market to find resistance again.
With the USD expected to fall we look to the USD crosses for short opportunities. We have already had one great trade on USDSGD last month and it has lined up again for another short opportunity. The reason we expect USD to fall is due to the current downside of the US Government Bonds. The prices of the Bonds are falling and this can show a lack of investment in...
The Singapore Dollar has been appreciating against the US Dollar after the exchange rate reversed from the upper boundary of a medium-term channel at 1.3870. As apparent on the chart, the pair is also trading in a short-term descending channel. From a theoretical point of view, the pair should follow the junior channel and aim for the lower boundary of the...
Just my opinion based on my trading method. I trade every post i make with real money :)
USDSGD Timeframe: 1D Direction: Short Confluences for Trade: - Stochastic has yet to move into Oversold conditions - Breaking Support Trendline (since April 2018) - Fundamentally, with positivity the outcome from the temporary truce between Trump-Xi and a more dovish FED reduces the drag on global demand and is positive for the Asian region. The SGD is a...