USDSGD Buy signal Hey guys! its your girl forex potatoe, i have posted this analysis sometime back and the price never really held as there was no clear direction.
So now here is a longterm position or swing trade on this pair with a very clear buy direction
Confluences:
Double or W pattern
RSI Divergence
Price currently above the moving averages
Third touch
Let me get your opinion on this analysis
Usdsgdanalysis
USDSGD Possible drop to support levelUSDSGD Possible drop to support level.
Logic behind analysis :
1. Long term downtrend
2. Daily Bearish engulfer
3. 4H Head & shoulder on resistance with liquidity grab
Summary : A sell trade is high probable as per chart analysis.
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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.
USD/SGD: FUNDAMENTAL ANALYSIS+PRICE ACTION & NEXT TARGET|SHORT🔔The final Singapore GDP for the second quarter decreased 7.2% quarterly and increased 14.7% annualized. Economists predicted a decrease of 2.0% and an increase of 14.2%. Forex traders can compare this to the previous Singapore GDP for the second quarter, which decreased 7.7% quarterly and increased 14.3% annualized. The Singapore Current Account for the second quarter was reported at S$25.64B. Forex traders can compare this to the Singapore Current Account for the first quarter, reported at S$24.42B.
The US CPI for July is predicted to increase 0.5% monthly and 5.3% annualized. Forex traders can compare this to the US CPI for June, which increased 0.9% monthly and 5.4% annualized. The US Core CPI for July is predicted to increase 0.4% monthly and 4.3% annualized. Forex traders can compare this to the US Core CPI for June, which increased 0.9% monthly and 4.5% annualized. The US Monthly Budget Statement for July is predicted at -$307.0B. Forex traders can compare this to the US Monthly Budget Statement for June, reported at -$174.0B.
The forecast turned bearish for the USD/SGD turned bearish as the advance is closing in on its end phase. Will bears gather enough momentum to force the USD/SGD into its horizontal support area?
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USDSGD Has Broken Above a Major Resistance
Welcome back Traders, Investors, and Community!
Hi Traders, USDSGD on H4 has broken above a major Resistance by several green candles. It might go down for a retest before goes up to hit TP1
⬆️Buy now or Buy at 1.3580
⭕️SL @1.3554
✅TP1 @ 1.3706
✅TP2 @ 1.3784
✅TP3 @ 1.3859
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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 (1.3580).
. 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 support.
. The RSI is at 79.
Take Profits:
TP1= @ 1.3706
TP2= @ 1.3784
TP3= @ 1.3859
TP4= @ 1.3935
TP5= @ 1.3975
SL= Break below S2
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💡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
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. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
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Trade well, ❤️
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💡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 ❤️
USD/SGD Bullish continuation signalHi Traders
USD/SGD (H4 Timeframe)
A high probability, entry to go LONG is forming @ 1.34787 after the market found support @ 1.34100. Only the downward break of 1.34100 would cancel this bullish scenario.
Trade details:
Entry: 1.34787
Stop loss: 1.34100
Take profit 1: 1.35855
Take profit 2: 1.36947
Take profit 3: 1.38727
Score: 10
Strategy: Bullish Wave - We2
USDSGD price movement I expected like usdsgd mine own perspective so what's your consideration on the price movement please comment in the below section ?
I believe that. So what is your expectations in comment below.
So guys Let's look at it 😍😍😍🥰😍😍😍😍 with #hasanat_hussain_al_ahmed_hasan
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USDSGD - Buy Entry - D1 Daily ChartUSDSGD - Buy Entry - D1 Daily Chart
Buy @ Once a Higher Low is confirmed - Wait for pull back
USDSGD mS1-Y1 @ 1.3206
Stop Loss @ 0.5% to 1% of your Account Balance
Take Profit @ A long term trade, as a turn on the Daily, and Weekly charts
Take Profit @ I will update when to close - Follow me to receive updates ✅
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🔺 DISCLAIMER
🔺 The content of this analysis is subject to change at any time without notice.
🔺 It is provided for the sole purpose of assisting traders to make independent investment decisions.
🔺 You must do your own research to create your own trading plan for the market.
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USDSGD short trade ideaPlan: trendline and support level breakout --> wait for the price to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
USDSGD long trade ideaPlan : wait for the price to bounce off from trendline or support level --> wait for the rejection candle pattern to form e.g. bullish engulfing , pinbar etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
USDSGD uptrend setupprice direction: UPTREND
potential target price: 1.3363
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
USDSGD long trade ideaPlan: resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
USDSGD long trade ideaPlan: wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX