ForecastCity_ME

💡Don't miss the great buy opportunity in USDSGD

Long
OANDA:USDSGD   U.S. Dollar / Singapore Dollar
Midterm forecast:
While the price is above the support 1.2995, beginning of uptrend is expected.
We make sure when the resistance at 1.3460 breaks.
If the support at 1.2995 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:
The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased.
A trough is formed in daily chart at 1.3146 on 01 /06/2021, so more gains to resistance(s) 1.3335, 1.3390 and maximum to Major Resistance (1.3460) is expected.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index ( RSI ) is 53.

Take Profits:
Take Profits:
TP1 @ 1.3335
TP2 @ 1.3390
TP3 @ 1.3460
TP4 @ 1.3675
TP5 @ 1.3785
TP6 @ 1.4035
TP7 @ 1.4635
TP8 Free

❤️ 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 trader?

Now, It's your turn!
Be sure to leave a comment let us know how do you see this opportunity and forecast.

Trade well, ❤️
ForecastCity English Support Team ❤️
HighAccurate forecast for
🌟36 Forex Pairs: 916.000 pips track record profit
🌟34 Cryptos
🌟Gold, Silver, Oils, Gas
🌟Best Profitable Trading Strategies

in 9 languages

since 2007

http://www.ForecastCity.com
🌟FREE Telegram http://t.me/forecastcity_com

Comments

Good analysis as always!
+3 Reply
ForecastCity_ME davidgolandak
@davidgolandak, Thank you for your comment. We appreciate it 🌹
Reply
This is a great chart. Very helpful. Thanks
+2 Reply
ForecastCity_ME yusufipek1989
@yusufipek1989, You're very welcome!
We hope you enjoy it.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out