Symbol - USDSGD
USDSGD is currently trading at 1.3150
I'm seeing a trading opportunity on buy side.
Buying USDSGD pair at 1.3150
I will be adding more if 1.3080 comes & will hold with SL 1.3030
Targets I'm expecting are 1.3385 - 1.3560
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.3335). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. USDSGD 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 1.3400, beginning of uptrend is expected.
We make sure when the resistance at 1.3885 breaks.
If the support at 1.3400 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
There is a divergence in RSI and price between the trough at 1.3549 on 2020-09-01 and the...
Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.909). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. NZDSGD is in a range bound and the beginning of downtrend 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 (1.367). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. USDSGD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance....
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....
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (75.00). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. SGDJPY is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.4162). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. USDSGD 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....
Trading suggestion:
If the Midterm level 1.5240 is broken, we will close open trades.
Price may also reach 1.5240, if price reaches this level, there is a second chance to get more profit and reinvest by Daily-Trading-Opportunities signals. This suggestion is not according to our STRATEGY , and depends on personal strategies.
Midterm forecast:
While the...
Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.3835). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. CHFSGD is in a range bound and the beginning of downtrend is expected.
. The price is above the 21-Day WEMA which acts as a...
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)...
Midterm forecast:
78.70 is a major support, while this level is not broken, the Midterm wave will be uptrend.
Technical analysis:
The RSI downtrend #1 is broken, so the probability of continuation of uptrend is increased.
While the RSI uptrend #2 is not broken, bullish wave in price would continue.
A trough is formed in daily chart at 77.10 on 10/03/2019, so...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.6908). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. GBPSGD 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....
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.9030). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. NZDSGD 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....
