USDSGD
USDSGD LONG OVERVIEWBeing the 1st week of the month. We are looking at possible retracement to Monthly Pivot or 1.40000. Current reversal zone looks strong due to the false move breaking the previous month low. Inducing short positions. Price is also around 1.37500 Quarter Point.
USDSGD Long Long USDSGD playing this as an sbo
USd looks strong across the board and this was probably the best set up
testing the daily 50 and price action is making obvious HH/HLs
USDSGD 25th JULY 2022Data from Singapore released today showed inflation based on the consumer price index (CPI) grew 6.7% (yoy) in June, which was the highest level in 14 years, since September 2008.
Core inflation also rose 4.4% (yoy) from May's 3.6%, and was at its highest level since December 2008.
Inflation in Singapore continues to rise, even though the Monetary Authority of Singapore (MAS) has tightened its policy three times.
SINGAPORE INFLATION
USDSGD D1
USDSGD bullish rallyUSDSGD is in bullish rally and it is forming its new Higher low, Potentially, it will follow bullish trend.
USDSGB top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USDSGD $USDSGD Initial LongUSDSGD $USDSGD Initial Long. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.
USDSGD Expected Outcome: 0.17% IncreasePrice pulled back to the horizontal support level, EMA 10 support level, and EMA 20 support level. Enter a market execution order and buy limit order.
USDSGD - Short opportunity after RO3USDSGD - Short is another one to look out for once we see confirmation in this value area.
USDSGDWhen you know what you are looking at, when you use the right analysis skills, you can forecast the market movement even when every trader is looking it as a bearish market.
USDSGD 23rd MAY 2022The upward trend in inflation has prompted the US central bank to tighten monetary policy dramatically. The US benchmark interest rate, which was originally expected to rise by around 75 basis points (bps) in 2022, has drastically changed to 175 bps. For the record, the increase in the US benchmark interest rate has increased by 75 bps. An increase of 25 bps occurred in March 2022 and then rose again by 50 bps in May. This will make the dollar strengthen for the next few weeks.
Singapore’s Ministry of Home Affairs (MHA) said the following day that Somad has been known to preach "extremist and segregationist" teachings, which are "unacceptable in Singapore’s multi-racial and multi-religious society". Supporters of Indonesian preacher Abdul Somad Batubara staged protests in Jakarta and Medan, North Sumatra. Several of them held placards that read "Boycott Singapore products" As is known, Indonesia is one of Singapore's largest export markets.
Short USDSGD [25/Apr/2022]
Price hit the weekly SBR zone and retraces significantly.
BOS on M15
Entry: 1.3745
SL: 1.378
TP: 1.3645
USDSGD Trading The Bullish SequenceIn this update we review the recent price action in USDSGD and identify the next Hugh probability trading patterns and price objectives to target
Take Profit: 1.36933 (USDSGD)Price closed above diagonal resistance. Diagonal resistance becomes support after price closed above level.
USDSGD : Anticipation for next weekDaily did a liquidity sweep and created an OB+
We are now waiting on H1 for this bullish OB to be retested to give us an H1 bullish trade.
GLGT
USDSGD | Bounce from SupportUSDSGD has bounce from the support zone and bulls are all ready to peak the price again. One should adop buy on dip strategy as long as it is above the support zone. Break of which would result in bearish trend.
Trade your levels accordingly.
💡Don't miss the great buy opportunity in USDSGDTrading 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 dynamic support.
. The RSI is at 72.
Take Profits:
TP1= @ 1.3508
TP2= @ 1.3549
TP3= @ 1.3605
TP4= @ 1.3668
TP5= @ 1.3713
SL= Break below S2
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💡Don't miss the great buy opportunity in USDSGDTrading 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 dynamic support.
. The RSI is at 72.
Take Profits:
TP1= @ 1.3508
TP2= @ 1.3549
TP3= @ 1.3605
TP4= @ 1.3668
TP5= @ 1.3713
SL= Break below S2
❤️ 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 ❤️
Short for formation parallel channelWaiting to when price touches upper end of a potential parallel channel
USDSGD Triangle TradeIn this update we review the recent price action in the USDSGD and identify the next high probability trading opportunity
