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SINGAPORE DOLLAR / MALAYSIAN RINGGIT

FX_IDC:SGDMYR
 
     
 
    
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SGDMYR Forex Chart

 

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clament28 clament28 SGDMYR, W, Short ,
SGDMYR: SGD/MYR Outlook IW22 (30/05/2017)
20 1 5
SGDMYR, W Short
SGD/MYR Outlook IW22 (30/05/2017)

Deciding moment for this pair now, Shall it hold at this level, it will rebound up back to above 3.1xx level Shall it break, it will fall back to below 2.9xx level

johanchong johanchong PRO SGDMYR, D,
SGDMYR: SGDMYR
14 0 5
SGDMYR, D
SGDMYR

hmmmm..... for Singapore and Malaysia fellow, look carefully for the price action near the trendline good luck!

TraderDK TraderDK SGDMYR, D, Long ,
SGDMYR: NZDJPY LONG
26 0 1
SGDMYR, D Long
NZDJPY LONG

IF Brexit happens, NZD is less affected as AUD is. Though there is an existing positive correlation between AUD & NZD, NZD will not fall as much as AUD. Carry trades prefer NZD Vehicle and with the robust economy with strong immigrant flow and a hot property sector will keep NZD up despite RBNZ's stance on a lower NZD.

LeoYao LeoYao SGDMYR, W, Short ,
SGDMYR: Short SGDMYR From Green Zone
595 1 25
SGDMYR, W Short
Short SGDMYR From Green Zone

Trade per chart indicates. SL is obvious in the chart, same as TP.

LastBattle LastBattle SGDMYR, D, Long ,
SGDMYR: Ringgit is still pricing for further decline
64 0 5
SGDMYR, D Long
Ringgit is still pricing for further decline

This level held pretty well in a triangle since I last posted about SGDRMY, it does look like we are about to see a much higher SGDRMY rates at a projected range of 3.25 - 3.29 .

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