If USDSGD does not go lower than 1.410 next week, it should stage a slow recovery possibly to 1.435-1.440 region towards late March.
We are already in the trade. sorry for the late post.
Hi guys! Here we have another AB=CD completion on support level and a 141,40 fibo extension. Look for bullish evidence on that level before going long here. Like if you agree follow and support!
Thanks to blue43 on taking profit. We found a long position when we saw his chart. Sorry for the late post, entered long at 1.43228 based on support line. We have set our TP at 1.50. See you guys there :)
Trend Setup: W1-UT, D1-UT, H4-UT Fresh Demand created on the H4 TF and can look for longs in that area. However, one point to note is the resistance just above it
A good swing setup shows on USD/SGD Pair. 1. Overall trend is still bullish on USD 2. The price touched on 20-EMA and bounce back strongly from that,a good signal to long. 3. The price also bounce back from the support level at 1.416x EP: 1.42417 SL: 1.41438 TP1: 1.43289 TP2: 1.44242
I am long DXY 0.55% index and FX_IDC:USDSEK -0.05% . Now adding more exposure via FX_IDC:USDSGD 0.04% . General theme USD strenght with asia weaknees coming.
Waiting for bull back for long play Possible entry around 1.3960-1.3910 StopLoss :1.3770 Targetprofit: 1.5146
Investors flee the riskier Singaporean Dollar for the "safer" United States Dollar.