USDMYR Exchange RateIf you are using MYR to change for USD for this week, then get it done 1st thing in the morning tomorrow. Might not be the best but definetely 1 of the better time for this week or next week range.
USDMYR trade ideas
USD/MYR Possible Head and ShoulderA very high probability chart pattern.
After it made 5 waves advance, price is making an ABC correction on a higher timeframe. A very possible Bull Bat also visible in the chart.
USD/MYR-TOWER TOPCandlestick pattern Tower Top emerged, time to reverse. Post-Malaysia Election, ringgit weakened. Rise from 3.948( 9/5/18) to 4.049 (3/7/18) to conclude wave i (probably?). Based on the reversal pattern (tower top), supported by the RSI that shown overbought signal and bearish divergence, we can expect USD/MYR will move downward for correction. Possible target 3.95 (Fibonacci 0.5).
usdmyr target tradingramai yang tanya pasal adakah ringgit akan kuat atau lemah selepas perubahan kerajaan sekarang ini. so ini adalah jawapan saya berdasarkan teknikal analisis.
USDMYR - More Room for DownsideLaburlah's Daily Complimentary (02-APR, Monday):
USDMYR
Technical Analysis Breakdown
1. Trend: Bearish
2. RSI & Stochastic: Bearish
3. Remarks: Fallout from MA200
4. Bollinger band: Cruising downward
5. Resistance: 3.92
Disclaimer: The abovementioned is purely for sharing purpose, you should seek advice from relevant personnel and do your own analysis before making your move.
UsdMyrJust my 2 cent opinion. I'm waiting DP (Decision Price) at that level.
Maybe bull then continue bearish.
I'm waiting for D1 / H4 / H1 full setup to complete W1 setup (either W1 valid or not) and waiting W1 / D1 setup for Monthly setup.
My Facebook : Sabur Syakur Saiyan
USD ringgit Cup and handlethis is a long term chart.
1) a clear cup and handle
2) wave pattern suggest the correction of ABC is not yet completed. once completed price will go sky rocket.
USDMYR - Malaysia Ringgit Strengthening Ringgit is strengthening, probably due to rising oil price and institutional position.
If 4.18 support does not hold, likely fall to at least to 4.15
my analysis towards USDMYRI think ringgit will back stablize at 3.80 in long term, let the wave do their jobs.
USDMYR - Break 4.18 or retest 4.3?Key Support: 4.18
Previous High: 4.30
RSI: Oversold
Break down or test 4.30 again?
MYR target after GE14Ringgit will weaken against USDollar. Thank to Najib ;)
Advantage to forex Trader like us. Don't be hancik to trade againts jerong .
USD/MYR (Ringgit) Monthly Update (27 Mar 2017)Look likes it is going to make a pull back.
It can go down to 4.30 as immediate swing level.
Let's see
S0nic
USD/MYR Update (12 Mar 2017) *Uptrend Still IntactIt is for sure USD/MYR is in position swapping mode for now yet we are still seeing position is still intact as long as 4.30 level is supported well..
For any short position, you may have to TP around 4.30 region.
Trade Safe,
S0nic
