Potential Long on USDSGD H4 TFTrend Setup: W1-UT, D1-UT, H4-UT
Fresh Demand created on the H4 TF and can look for longs in that area. However, one point to note is the resistance just above it
Usdsgdlong
USD/SGD, DAY CHART, LONG (9-DEC-2016)A good swing setup shows on USD/SGD Pair.
1. Overall trend is still bullish on USD
2. The price touched on 20-EMA and bounce back strongly from that,a good signal to long.
3. The price also bounce back from the support level at 1.416x
EP: 1.42417
SL: 1.41438
TP1: 1.43289
TP2: 1.44242
Adding to my DXY long position LONG USDSGDI am long DXY 0.55% index and FX_IDC:USDSEK -0.05% . Now adding more exposure via FX_IDC:USDSGD 0.04% . General theme USD strenght with asia weaknees coming.
USDSGD pair weekly previewWaiting for bull back for long play
Possible entry around 1.3960-1.3910
StopLoss :1.3770
Targetprofit: 1.5146
USDSGD Long (Macro Risk Off + Bullish Wedge Breakout)Investors flee the riskier Singaporean Dollar for the "safer" United States Dollar.
