Michigan consumer sentiment will shock us all In 6 days we have a major update to come and technically speaking we have what i call a sandwich panel set up in which a bearish candle is stocked in between 2 bullish ones now once the said second bullish candle close exceeds the high of the said bearish lone candle we can count on a perfect trend reversal .
Usdsgdbullish
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.
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.
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.
Bullish outlook on USDSGDUSDSGD broke above its descending trend line and is sitting on a key support area at 1.32000 - 1.32100 where we could see a pullback to test this area and further upside after. Looking to play a bounce above this area to resistance targets at 1.32580 area and 1.32820 area.
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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 - Outlook 22 Sept 2020 - Buy Hi all traders,
This is a video analysis on usdsgd.
As usual, i have warn some pretty nice levels for you to take the trade for usdsgd.
In addition, i have added a small little nugget in the video for traders to understand why usd is gonna be stronger.
Hope you like the video analysis.
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USDSGD - long biasedHi all traders,
I hope you have a good day with all the pips from fomc.
Now that fomc have settled, this is a trade analysis i have for you all on usdgsd.
Please take note of the levels i have informed in usdsgd and trade those levels carefully.
Please also help to like and share this video with your friends.
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Cheers and thank you as always!