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Usdsgdshort

USDSGD ↘️ Rising wedge breakout .150+ Hello Everyone 🙋🏽‍♂️ 🔴 1.36704 🟢 1.35540 🟢 1.34735 We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone, manage your lot size as well and your SL and TP Don't forget to hit the like bottom and write a comment to support us. Follow us for more 🙋🏻‍♂️ Best Regard / EMA Trading . Disclaimer: ---------------- It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market .
Short
by EMA_Trading
13
Short USDSGD on Weekly .382 RetracementThe weekly chart of the USDSGD shows clearly the weakness of the USD against the SGD. This weakness has been building for a while now. The fact that it has retraced just below the .382 level indicates a long term weakness in USD despite Fed Rate hikes. For Singapore which has an export based economy, this is significant as it makes the country less competitive. However, it does help to combat inflation. Perhaps funds inflows from wealthy individuals elsewhere in the world would help in SGD strength.
Short
by kailevel
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? Check the Links on BIO and If you LIKE this analysis, Please support our page by hitting the LIKE 👍 button Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. Have a Good Day Trading !
Short
by FOREXN1
4
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
Short
by GWBFX
4