Eursgdshort
💡Don't miss the great sell opportunity in EURSGD
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.62151).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURSGD is in a downtrend, and the continuation of the downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 36.
Take Profits:
TP1= @ 1.61337
TP2= @ 1.60841
TP3= @ 1.60507
TP4= @ 1.60003
TP5= @ 1.59573
SL: Break Above R2
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💡Don't miss the great sell opportunity in EURSGD
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.62151).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURSGD is in a downtrend, and the continuation of the downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 36.
Take Profits:
TP1= @ 1.61337
TP2= @ 1.60841
TP3= @ 1.60507
TP4= @ 1.60003
TP5= @ 1.59573
SL: Break Above R2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
EURSGD approaching support, potential for a bounce!
EURSGD is expected to drop to 1st support at 1.50703 where it could potentially react off and up to 1st resistance at 1.51075.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURSGD approaching support, potential for a bounce!
EURSGD is expected to drop to 1st support at 1.51545 where it could potentially react off and up to 1st resistance at 1.51847.
*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.
EURSGD approaching support, potential for a bounce!
EURSGD is expected to drop to 1st support at 10.68260 where it could potentially react off and up to 1st resistance at 10.74490.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURSGD approaching support, potential for a bounce!
EURSGD is expected to drop to 1st support at 1.53585 where it could potentially react off and up to 1st resistance at 1.53962.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EUR/SGD - 200 Pips OpportunityEUR/SGD is currently in a short term consolidation zone. This is a continuation pattern.
As EUR/SGD breaks its current support, it will continue its bearish trend.
However, if it fails to break its support and shows strength to retaliate, the move is cancelled until further confirmation.