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Audsgdshort

AUDSGD bounced from support, potential for a further rise! AUDSGD bounced off 0.93027 where it could potentially rise further to 0.93964. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Long
by Pepperstone
AUDSGD short swing trade setupAUDSGD short swing trade setup 1H based on strong bearish volume and downtrend on higher time frames. Short entry on this pullback if volume increases on 1H. IMPORTANT: Trading any financial instrument carries a high element of risk where financial loss can be significant. This analysis is not to be construed as financial advice and we highly recommend using the information for 'practice trading' a demo account only where there is zero risk. Even though a chart gives us a probability case for price movement, the market can go against us at any time and often does. For this reason, risk management strategies to preserve capital is high priority.
Short
by fxtraderanthony
AUDSGD: Strong Support Level @ 2016 lowsAUDSGD Timeframe: H4 Direction: Long Confluences for Trade: - Price action at a Trendline Support - Stochastic Oversold momentum - Widening of EMA - Price action is close to 2016 lows, could be a strong support at such levels Suggested Trade: Entry @ Area of Interest 0.9675 - 0.9735 SL: 0.9619 TP: 0.9886 RR: Approx. 2.30 (Depending on Entry Level) May the pips move in our favor! Good luck! :D *This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.
Long
by weekendanalyst
AUDSGD (1D): Double 'Double Bottoms'?AUDSGD Timeframe: 1D Direction: Long Confluences for Trade: - Bearish candle formation (Pin bar formation) - Slowing in weakening momentum - A rough Elliot Wave count should have current price levels completed a Wave 3 and may head upwards to do a Wave 4. - Double bottom formed recently - A second double bottom may form, look out for it's formation at 0.9720 (Previous bottom for this formed in 2016) Suggested Trade: Entry @ Area of Interest 0.9660 - 0.9720 SL: 0.9660 TP: 1.0160 RR: Approx. 2.33 (Depending on Entry Level) May the pips move in our favor! Good luck! :D *This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.
Long
by weekendanalyst
AUD/SGD - 100 Pips+ Short OpportunityAs long as the 50 ema on the 3 hour timeframe holds as resistence, this move is active. As soon as the current support line is broken, we can expect this to fall At the moment being, it is looking more prominent to fall down as it's been in a consolidation for a few days and the long term trend is still bearish (daily and weekly). If it does make a pullback up, then we can long it 100 pips by planning our entry on the shorter timeframe. Trade safe and don't forget to like if this was helpful! Thanks.
Short
by MoolahMaker