bullishafer price hit tp2 next stop tp3 area. low tf need to do breakout buy which break resistance to make prcie up again
SINGAPORE DOLLAR / MALAYSIAN RINGGIT
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Compare with SGD to MYR
long after price hit tp1 area then price pullback to entry zone fibo buy to 2nd entry, target tp1 n tp2 next. for confirmation buy on 2nd entry we need low timeframe to validate.. once price break again hh then price will rinse up if not still drop.
Long
Ringgit has strengthen almost 15% against Sing DollarsFrom the weekly chart, we can see since Jan 2024, the MYR has strengthen against the Sing dollars to nearly 15% todate. Of course, this has a strong impact on the businesses in Johor Bahru where majority of the sellers in the shopping malls and shops are heavily dependent on the Singaporeans who com
SGDMYR Short: Completed 3-waves correction upThere are a handful of macroeconomic reasons for Singapore dollar to weaken against the Malaysian Ringgit, but I'll point out only the First EW counts here. As you can see, I've drawn the wave down in 5 waves and the wave up in 3 waves. That is the wave A and wave B respectively. And so I will be ex
Short
Ready to travel for the March holidays ?In today's inflationary environment, every cent counts and people are getting smarter and wiser when comes to traveling. I have heard of parents who plan their travels years ahead to enjoy the cheaper air fare, hotel fares and even exchanging the currencies along the way.
A quick look on some of th
MY Ringgit is in trouble… 3.45 to the SGD soon, 2023, the SGD/MYR rate should be looking about 3.45; and if this is so, then from end Oct (4Q2023) is possible for the rate to be 3.7ish.
I do not know the economic fundamentals enough to comment, but the technicals are already pointing to that projection.
Long ago, I heads up friends about the S
Who will be HAPPY with this exchange rate ?Now, if you are staying in SG, sometimes when you head to the mall , you see long queues at the Money changer, then it is likely when the SGDMYR exchange rate is good. Malaysians who have vested interest back home will enjoy converting their SGD to a better Ringgit when they go home.
Of course, th
SGDMYR may weaken further... SGDMYR in the coming week it reach a sensitive price range 3.2166, in the coming week's Weekly Candlesticks if it Break and Close below 3.2166, 3.2000 will be broken.
Short
2022-12-06, SGDMYR 4H Descending WedgeThe formation of descending wedge is almost complete. Just need to observe how slow it is getting up again provided with golden cross appear.
2022-12-05, SGDMYR 12H Descending WedgeThe formation of descending wedge is almost complete. Just need to observe how slow it is getting up again provided with golden cross appear.
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
Oscillators
Neutral
Summary
Neutral
Summary
Neutral
Summary
Neutral
Moving Averages
Neutral
Moving Averages
Neutral
Displays a symbol's price movements over previous years to identify recurring trends.