Forex USDSGD US Dollar versus Singapore Dollar has reached a very strong weekly demand imbalance. We are only allowed to go long on USDSGD Forex cross pair using a supply and demand strategy and approach. We are expecting price to rally much higher reacting to strong weekly demand imbalance located around 1.3587. We should not be thinking of selling USDSGD...
Here are the key factors to keep in mind today for US Dollar trades: US GDP: The Advanced US GDP for the second-quarter is predicted to increase by 2.0% annualized. Forex traders can compare this to the previous second-quarter GDP which increased by 2.0% annualized. Personal Consumption for the second-quarter is predicted to increase by 4.7% annualized. Forex...
Priceline of US Dollar / Singapore Dollar Forex pair is forming bullish cypher pattern and has completed B to C leg and entered in potential reversal zone. Stochastic is overbought and gave bear cross. RSI is overbought. MACD is turned weak bullish from strong bullish. Volume profile of complete pattern is showing less interest of traders at this area. The price...
Expect a bearish move right after breakout of that line and retests
USDSGD In Weekly On Supply Zone. Note: This is only for Educational Purpose this is not Investment advice. Please support the setup with your likes, comments and by following on Trading View. Thanks Adil Khan.
After breaking under the support area the pair has rallied to an important area of resistance from where the price has retraced several times in the past and has formed a big bearish candlestick. I am expecting it to retrace all the way to the support area where the price has bounced from several times in the past
USDSGD Forex cross pair is in a clear downtrend creating new supply levels on the way down. As supply and demand traders, we should be interested in trading very strong impulses that end up creating new supply and demand imbalances. Price action together with supply and demand technical analysis is the perfect combination. Trading is a waiting game where we...
BUY & SELL As Per Above Given Chart or You Can Also set Own Risk reward. Let see what Will be Next Move. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !!
USDSGD Strong bearish momentum wait little retracement and can make huge move.
Hi guys its Brian here with another short opportunity. After breaking out from the consolidation zone, USDSGD went on to make its up trend completing its 5th impulse wave and reversing back down sharply after failing to break through the resistance zone. It is currently making its A wave correction and possible targets are 0.382 or 0.5 retracement...
When trading supply and demand imbalances we don’t really need any kind of indicator or add-on tools to tell us how and when to place a trade. Trading should be simpler than dragging a few indicators or tools on our charts expecting red and green arrows to tell us in which direction to place our trades. Are you sure you want to rely on indicators to tell you what...
BUY & SELL Above Given Chart or You Can Also set Own Risk reward. Let see what Will be Next Move. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !!
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...
Currency rate broke down triangle and made a pull back to it. We can open Short for continue of down moving at 1.3637. I think the price will move down to next key level 1.3528. T/P: 1.3536 S/L: 1.3674 R:R — 1/3 P.S. Push like and subscribe if you want to get nonifications about my signals.
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...
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
Here I have identified an opportunity to take a short position on the USD SGD currency pair, the economic data being released for the Singapore Dollar this evening should be enough for a minor bearish run for the overall USD vs SGD pair. I will be taking a similar approach to what is descried in the attached image