Hey guys! its your girl forex potatoe, i have posted this analysis sometime back and the price never really held as there was no clear direction.
So now here is a longterm position or swing trade on this pair with a very clear buy direction
Confluences:
Double or W pattern
RSI Divergence
Price currently above the moving averages
Third touch
Let me get your...
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.
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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
USD seems to be weak in the upcoming year.
To new traders looking at which currency to deposit into your broker, seems like SGD is good.
So long as 1.36 holds, It should go down lower.
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice.
The risk of trading in securities...
