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Sgd

SGDJPY: Buy opportunity within the Bearish Megaphone.The pair is trading within a Bearish Megaphone on the 1W chart (RSI = 36.000, MACD = -0.990, ADX = 37.728) since the January 2018 High. At the moment it is consolidating below the 0.382 Fibonacci retracement level following the Lower Lowe made in early March. You can see that every Lower High made after a Lower Low, broke the 1W MA200 (orange trend line) and formed a top at least on the 0.618 Fibonacci retracement level from the previous (Lower) High. We are expecting a similar development. You may wait form the MACD bullish cross to confirm the movement. Our Target Zone is 78.500 - 79.500. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
Long
by InvestingScope
SGDCHF technicaly based forecast 📌Short intro: I am full time trader - analyst * High accuracy of ideas * Technicaly and Fudnamentaly side in analysis * Comment if have any questions or want to send support * Price action - FIBO - Candl pattern * FX - STOCK - CRYPTO * Simple ideas 💡 SGDCHF technicaly based idea, technicaly indicators showing we can exepct higher recovery phase in next periods, expecting to see push in ptice till FIBO 0.5 which is in some cases strong support, same on FIBO 0.5 is last support zone (yellow line). 📌Have on mind, trading involves risk, check idea on your own tactic, if have questions pls comment! Thanks on supporting! All best, good luck!
by UnknownUnicorn3983388
SGDHKD: Long term Buy opportunity on the 1W Support.The pair marginally broke the 1W Support but so far only on a candle wick. Since it has rebounded back above that danger level, we can consider that the Support is holding. The 1W chart has turned nearly oversold (RSI = 27.767, MACD = -0.073, ADX = 36.545) and we treat this as the optimal buy opportunity for the long term. The long term pattern is as you see a Descending Triangle and besides the 1W Support, the Lower Highs are also clear. The first time the price touched the 5.3350 1W Support in January 2016, it rebounded to the 0.5 Fibonacci level of its last Lower High. The 0.5 level is at the moment at 5.6650 and this is our Target. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
by InvestingScope
AUD/SGD down under for 2019-2020Just my idea. Moving to Sydney from Singapore on Dec 24, 2018. :) May have another test at 1.02 in the beginning of 2019, after which it may go down under, first at 0.9 T1, 0.85 T2 worst case, if there is no breakout above 1.02. If there is a breakout at 1.02, target for the AUD is back to 1.3 Cup and handle clearly visible from the SGD/AUD chart spanning from the 2008 crisis and formed a handle from the 2016 Chinese market crisis. Singapore may be better off prepared from an anticipated global financial crisis this time around 2019-2020, as compared to Australia. Advance Merry Xmas and a Prosperous New Year!
by jayandrae
USDSGD - Long Term BuySetup: Weekly uptrend formed, price has retraced to the W1 38.2 fib level and expected to continue the trend to the upside. On a daily perspective, price has made a good impulse to the upside breaking above the strong and important 1.385 resistance now turned support level. Trade: We take a long entry at the daily retracement to the broken level mentioned above (1.3850/1.3865 area), setting SL a few pips under the last H4 low and H4 61.8 fib level, while setting our TP on the weekly time frame at the anticipated new high around 1.4180
Long
by mmrabea
USDSGD Reversal AreaWill be speculating what I understand from PA, whether its Loss in Momentum, Long Wicks with Close below, ETC. Perfect Area to look for a Short, left a few notes on the chart analysis itself to keep things brief but effective to look for incase some decide to take their own trades on this pair. Whats great about set ups like this is, if you had proper money management then if you get stopped out of trade, a bullish set up will be present and you can enter a trend continuation trade using fibonacci/exhaustion methods.
Short
by RiosTrades
NZDSGDTF: 8 Hr Very clean and interesting completed H and S pattern following a previous uptrend. Currently the markets for NZD/AUD (risk currencies) are pulling back from recent declines due to global fears (trade wars, coronavirus, US tension in middle east etc.). I am looking to see if current price can close down below blue supply/demand zone (H and S neckline). If this is the case, more downtrend can be expected as this would be a rejection at the broken neckline. Fibs are on the chart for possible rejection zones. If trend continues down I would like to see price test 0.8750 zone. This area would be thee 0.618 fib retracement of the last bull run (late november to December). A bounce here would confirm previous resistance area turned to support. From there massive upside and continuation of the uptrend in my opinion. Keep in mind we have some high impact NZD news today and yesterday RBA held the interest rate which sparked a large bullish spike in AUD and NZD pairs. Risk off is still in play and this current correction could lead to further downside. If price spikes and continues higher, then idea is invalid See here for 0.618 and previous resistance confluence:
Short
by MC_Mike_Trading
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