Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.96690).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AUDSGD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
Trading suggestion:
. There is still a possibility of temporary retracement to the suggested resistance line (1.0399).
if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. AUDSGD is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.0375).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AUDSGD is in an uptrend, and the continuation of the uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.9247). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. AUDSGD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support....
Midterm forecast:
While the price is above the support 0.9105, beginning of uptrend is expected.
We make sure when the resistance at 0.9520 breaks.
If the support at 0.9105 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
A trough is formed in daily chart at 0.9270 on 10/24/2019, so more gains to resistance(s)...
