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Singaporedollar

💡Don't miss the great buy opportunity in USDSGDMidterm 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: 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 ❤️
Long
by ForecastCity_World
7
💡Don't miss the great buy opportunity in USDSGDMidterm 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: 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 ❤️
Long
by ForecastCity
16
USD SGD BUY (US DOLLAR - SINGAPORE DOLLAR)Hi there. Price is forming a reversal pattern to change its direction. These are the fundamental reasons for a possible USD/SGD bullish scenario: Sentiment shifts: Bullish scenario: A breakdown in US stimulus talks and a possible towards a government shutdown; FDA rejecting or postponing the approval of the Pfizer vaccine; a breakdown in Brexit talks with no deal by EU summit. In this scenario we would expect to see downside in equities across the board, with US equities expected to fall more if we see US stimulus talks break down and more downside for EU equities if we see Brexit talks collapse and upside in the dollar across the board. Strong equity sell offs are usually accompanied with some support for the US dollar as the world’s reserve currency and with its safe haven status as well as Japanese yen and Swiss franc .
by thunderpips
💡Don't miss the great buy opportunity in USDSGDMidterm 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 trough at 1.3512 on 2020-10-22, the probability of downtrend continuation is decreased and the probability of beginning of uptrend is increased. While the RSI downtrend #1 is not broken, bearish wave in price would continue. A trough is formed in daily chart at 1.3510 on 10/22/2020, so more gains to resistance(s) 1.3550, 1.3675, 1.3785 and maximum to Major Resistance (1.3885) is expected. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains. Relative strength index (RSI) is 35. Take Profits: TP1 @ 1.3550 TP2 @ 1.3675 TP3 @ 1.3785 TP4 @ 1.3885 TP5 @ 1.4270 TP6 @ 1.4635 TP7 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 ❤️
Long
by ForecastCity
13
Don't miss the great sell opportunity in NZDSGDTrading 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 dynamic resistance. . The RSI is at 55. Take Profits: TP1= @ 0.9026 TP2= @ 0.8995 TP3= @ 0.8968 TP4= @ 0.8930 TP5= @ 0.8890 SL: Break Above R3 ❤️ 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 ❤️
Short
by ForecastCity
15
Don't miss the great sell opportunity in NZDSGDTrading 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 dynamic resistance. . The RSI is at 55. Take Profits: TP1= @ 0.9026 TP2= @ 0.8995 TP3= @ 0.8968 TP4= @ 0.8930 TP5= @ 0.8890 SL: Break Above R3 ❤️ 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 ❤️
Short
by ForecastCity
16