Wait Fundamental Support!
I closed a deal with 235 pips of profit. I did it because I currently in Italy and it's too hard to work and travel in this beautiful country at the same time. I pick traveling))) But what about USD/SGD. Currency rate at powerful uptrend. If you have an open position you can close part of it and hold another part. As for me, I will wait for PullBeak 1.3489 it...
Analysis for swing trade: See my previous post on bullish swing strategy for this pair . An end-of-week close above current shadow resistance we will have a successful swing breakout. Swing bulls should then push to next shadow between 1.3519 and 1.3565. Current zone could offer entry. Analysis for day trade: Continue long with current week white candle....
USD/SGD Free Signal Just take a look on this chart. Price bounced from Key Weekly Level, it's are so powerful on FX Market. At this moment you have a chance to open a deal with R:R — 1:6 or bigger. Because, price come to key buy zone. From which price could move up 300 – 400 pips. Open Long near: 1.3332 S/L: 1.3298 1T/P: 1.3538 2T/P: 1.3646
The US Dollar has been trading in an ascending channel against the Singapore Dollar. This pattern began early in January and has since guided the pair towards a new 2018 high of 1.3480. The pair also breached the previous long-term pattern at the beginning of May. During the past three weeks, the US Dollar has been moving sideways, fluctuating between the...
Just be careful the Singapore meetings don't mess things up. If not this might have a 5R outcome Trade safely
If I'm going to buy this pair, then I'll want to see bull candles posted on the daily time frame around 1.33 and 1.30. If that happens, then I'll move to the 1H time frame and place buy limit orders around previous market levels.
I'll be looking for bear candles to post on the daily time frame. If that happens, then I'll go to the 1H time frame and place sell limit orders around previous market levels
The price broken support. Wating, the price re-test resisitance. price action confirmation !
The price broken support. Wating, the price re-test resisitance. price action confirmation !
Analysis for swing trade: Current trend is down-up-down so next leg up. Swing traders look for turning point offered at shadow zones. Analysis for day trade: Day traders continue short with current black weekly candle. Shadows offer TP. Notes: Technical Analysis states that previous turning points offer future potential support resistance zones. 1. Attach a...
Continued failure to make new lows suggests the forming of the ascending triangle, early entries could be made withing the range or wait for the break on the upside. Bullish momentum in dollar may change after release of non-farm data this Friday. Happy Trading!
Wait for price to come to levels accompanied with appropriate price action.
The price closed below resistance. Daily candle bearish. --> Sell
Following a one-month period of consolidation from February to April, the USD/SGD exchange rate gathered momentum mid-April and shot up until 1.35 where it was located at the time of this analysis. If looking in the shorter term, the US Dollar failed to form a wave up last week. Thus, it seems that the previous bullish momentum has allayed which may point to a...
Price moved into a previous support, now turned resistance. I'll be looking for short signals on the daily time frame.
We last posted on the USDSGD on March 27th when price was firmly range bound between pivot resistance from September of last year and the round number 1.3000 acting as support. There has been no change on this since then and price has continued to side wind between those levels of support and resistance. Price is our, and must also be your, primary...