USDSGD
CHF/JPY, USD/SGD, GBP/AUD and AUD/CHF on watch for me today.CHF/JPY:
• If price pushes up to and ideally just above our rayline, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag.
• If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place this trade.
USD/SGD:
• If price pushes up to and ideally just above the upper trend line of our most recent piece of structure and the last part of the move is corrective, or price gives us a one hour rejection then I'll be looking to get short with a risk entry either after a phase line break on either the fifteen minute or the one hour chart, or just below the one hour rejection.
• If price pushes up to and ideally just above the upper trend line of our most recent piece of structure and the last part of the move is impulsive, then I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag.
• If price simply impulses back down below our rayline, it does so in a convincing manner and a subsequent tight flag forms, then I'll again be looking to get short with a reduced risk entry on the break of the flag.
• If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place any of these trades.
GBP/AUD:
• If price pushes up to and ideally just above the upper trend line of our most recent piece of structure and the last part of the move is corrective, or price gives us a one hour rejection then I'll be looking to get short with a risk entry either after a phase line break on either the fifteen minute or the one hour chart, or just below the one hour rejection.
• If price pushes up to and ideally just above the upper trend line of our most recent piece of structure and the last part of the move is impulsive, then I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag.
• If price only pushes up to and ideally just above the upper rayline of our most recent piece of structure, then regardless of how it does so I'll once again be waiting for a convincing impulse back down followed by a tight flag and then I'll again be looking to get short with a reduced risk entry on the break of the flag.
• If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place any of these trades.
AUD/CHF:
• If price pushes down to and ideally just below our rayline, then regardless of how it does so I'll be waiting for a convincing impulse back up followed by a tight flag and then I'll be looking to get long with a reduced risk entry on the break of the flag.
• If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place this trade.
USDSGD Trading Plan - 13/Jul/2021Hello Traders,
Hope you all are doing good!!
I expect USDSGD to go down soon enough.
Look for SELL setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
CHF/JPY, USD/SGD, GBP/AUD and AUD/USD on watch for me today.CHF/JPY:
• If price pushes up to and ideally just above our rayline, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag.
• If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place this trade.
USD/SGD:
• If price pushes up to and ideally just above our upper rayline, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag.
• If price simply pushes up to and ideally just above our lower rayline, then regardless of how it does so I'll once again be waiting for a convincing impulse back down followed by a tight flag and then I'll again be looking to get short with a reduced risk entry on the break of the flag.
• If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place either of these trades.
GBP/AUD:
• If price pushes up to and ideally just above the upper trend line of our most recent piece of structure and the last part of the move is corrective, or price gives us a one hour rejection then I'll be looking to get short with a risk entry either after a phase line break on either the fifteen minute or the one hour chart, or just below the one hour rejection.
• If price pushes up to and ideally just above the upper trend line of our most recent piece of structure and the last part of the move is impulsive, then I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag.
• If price only pushes up to and ideally just above the upper rayline of our most recent piece of structure, then regardless of how it does so I'll once again be waiting for a convincing impulse back down followed by a tight flag and then I'll again be looking to get short with a reduced risk entry on the break of the flag.
• If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place any of these trades.
AUD/USD:
• If price pushes down to and ideally just below our lower rayline, then regardless of how it does so I'll be waiting for a convincing impulse back up followed by a tight flag and then I'll be looking to get long with a reduced risk entry on the break of the flag.
• If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place this trade.
GBP/AUD, USD/SGD, AUD/USD and NZD/JPY on watch for me today.GBP/AUD:
• If price pushes up to and ideally just above the upper trend line of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag.
• If price simply impulses back down below our rayline, it does so in a convincing manner and a subsequent tight flag forms, then I'll again be looking to get short with a reduced risk entry on the break of the flag.
• If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place either of these trades.
USD/SGD:
• If price pushes up to and ideally just above the upper trend line of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag.
• If price simply impulses back down below our rayline, it does so in a convincing manner and a subsequent tight flag forms, then I'll again be looking to get short with a reduced risk entry on the break of the flag.
• If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place either of these trades.
AUD/USD:
• If price pushes up above our rayline, it does so impulsively and in a convincing manner and a subsequent tight flag forms, then I'll be looking to get long with a reduced risk entry on the break of the flag.
• If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place this trade.
NZD/JPY:
• If price pushes up above our rayline, it does so impulsively and in a convincing manner and a subsequent tight flag forms, then I'll be looking to get long with a reduced risk entry on the break of the flag.
• If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place this trade.
1.346 watch to hold, at a key daily resistance area...
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USDSGD SIGNALHello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
open pos: market
target: 1.37
stop: ~1.346 (depending of ur risk). ALWAYS follow ur RM .
Good luck everyone!
Follow me on TRADING View, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to your questions or suggestions(Looking for investors!).
💡Don't miss the great buy opportunity in USDSGDTrading 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 support.
. The RSI is at 40 .
Take Profits:
TP1= @ 1.3467
TP2= @ 1.3510
TP3= @ 1.3557
TP4= @ 1.3617
TP5= @ 1.3668
SL= Break below S2
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. . . . . . . . Hit the 👍 LIKE button,
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Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
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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 (1.3382).
. 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 support.
. The RSI is at 40.
Take Profits:
TP1= @ 1.3467
TP2= @ 1.3510
TP3= @ 1.3557
TP4= @ 1.3617
TP5= @ 1.3668
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 ❤️
23 June: USDSGD bullish play seenHi everyone!
USDSGD is pulling back to its ascending trend line, in line with the 78.6% retracement which presents an opportunity to play the bounce here. Our stop loss is placed slightly below the previous low and take profit targets at -27.2% and -61.8% retracement respectively. What are your thoughts on USDSGD?
💡Don't miss the great buy opportunity in USDSGD
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 dynamic support.
. The RSI is at 74.
Take Profits:
TP1= @ 1.34828
TP2= @ 1.35317
TP3= @ 1.35762
TP4= @ 1.36323
TP5= @ 1.36743
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 ❤️
💡Don't miss the great buy opportunity in USDSGD
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 dynamic support.
. The RSI is at 74.
Take Profits:
TP1= @ 1.34828
TP2= @ 1.35317
TP3= @ 1.35762
TP4= @ 1.36323
TP5= @ 1.36743
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 ❤️
7 June: USDSGD could see a bounce hereHi 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 respected by price previously, where we saw a strong bounce above this area. On top of that, this area also coincides with fiboancci confluence levels and we could see a further upside from here.
Our take profit targets are based off the graphical levels where price rejected previously, with the second take profit target in line with the -27.2 fibonacci retracement. Stop loss is placed slightly below the latest low we have on the H4 time frame.
USD/SGD:BEARISH PATTERN FORMATION|SELL SCENARIO+FUNDAMENTAL🔔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% monthly and increased 6.0% annualized.
US Initial Jobless Claims for the week of June 12th are predicted at 359K, and US Continuing Claims for the week of June 5th are predicted at 3,430K. Forex traders can compare this to US Initial Jobless Claims for the week of June 5th, reported at 376K, and to US Continuing Claims for the week of May 29th, reported at 3,499K.
The Philadelphia Fed Manufacturing Index for June is predicted at 31.0. Forex traders can compare this to the Philadelphia Fed Manufacturing Index for May, reported at 31.5. The US Leading Index for May is predicted to increase 1.3% monthly. Forex traders can compare this to the US Leading Index for April, which increased 1.6% monthly.
The forecast for the USD/SGD turned bearish following its price spike after the US Federal Reserve announced it moved its timetable for interest rate hikes forward.
Can bears use the present technical scenario to pressure the USD/SGD into its horizontal support area?
USDSGD Facing Bullish Pressure | 15th June 2021USDSGD 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.
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Outlook for USDSGD: Bullish breakout to be seenHi everyone!
USDSGD has been trading sideways as investors await the FOMC meeting, with all eyes on the Fed for their latest view on inflation. On the TA front, USDSGD is currently in a triangle pattern right now and a break above the descending trend line and resistance area at 1.33100 could see a further upside to our next resistance target at 1.34000.
USDSGD on a channel break? 🦐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 structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
USDSGD: Market Sentiment & Price Action
Here is our today's forecast on USDSGD.
Our analysis is based on purely technical outlook.
According to our drawing USDSGD reached a strong resistance area.
Based on our analysis the market will drop
to the next structure support.
Please, support our analysis with like and comment!