Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.3463). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . USDSGD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a...
On the monthly we are coming out of a weekly buyzone. Looking for price to retrace the previous high. We are on the low side of the macd with it losing some momentum. It may take a while to reach its target. However, I need to focus on one chart that looked promising on the forex side of things. I don't need to trade everyday. I'm working on my discipline as a...
USDSGD on the daily chart is trading between 2 narrowing trendlines. The price is now moving in a bullish momentum and according to Plancton's strategy if the market will break above and satisfy the academy rules we will set a nice long order. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵...
Based off of higher time frames, especially on the Daily time frame, we can see that our Relative Strength Index shows an obvious time to sell on this pair. As you see can also see from the Fibonacci drawn on the daily time frame here, price can expect to hit the 50.0 level for bulls to enter and to eventually take profit around 1.40028 price.
1 Hr trend is bullish, but lower time frame showing signs of distributing before coming back to internal liquidity before making new highs.
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.3420). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . USDSGD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.3420). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . USDSGD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.3580). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . USDSGD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.3580). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . USDSGD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.3382). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . USDSGD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.3382). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . USDSGD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.33851). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . USDSGD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.33851). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . USDSGD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a...
Hi everyone! Following a disappointing Non-Farm payroll report on Friday, USD pared recent gains and we are currently seeing a pullback on USDSGD. On the technical front, prices broke its previous high and descending trend line and is currently pulling back to our entry zone. Reason for these levels: The entry zone is also a support area that has been...
The Singapore Trade Balance for May was reported at $5.754B. Forex traders can compare this to the Singapore Balance for April, reported at $5.412B. Non-Oil Exports for May decreased 0.1% monthly and increased 8.8% annualized. Economists predicted an increase of 4.7% and 16.0%. Forex traders can compare this to Non-Oil Exports for April, which decreased 8.8%...
USDSGD currently facing bullish pressure above 38.2% Fibonacci retracement level and entry at 1.32533. With price holding above moving average, a short-term intraday push higher towards graphical swing high resistance and 61.8% Fibonacci extension level at 1.32773 could be possible. Any opinions, news, research, analyses, prices, other information, or links to...
USDSGGis moving in a descending channel, the price after the attempt to break below the weekly support has started to move higher and reached the upper trendline. According to Plancton's strategy if the price will break above and the conditions will be satisfied we can set a nice long order. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly...
Trading Signal: There is a Trading Signal to Buy in USDSGD Currency Pair. Traders can open their Buy Trades NOW ⬆️ Buy Now or buy on 1.323 ⭕️Sl 1.31950 🔵TP1: 1.3286 🔵TP2: 1.3336 🔵TP3: 1.3434 If you liked our ideas, please support us with your likes 👍 and comments .