After short break lets follow up our signals from last week. As we have posted earlier technical analysis for US - Singapore dollar currency pier, price has touched 1.3722 support and now correcting trend for short term. The pattern Sperandeo is still active. Check both photos
The pair has been strongly rejected on the 1.3800 - 1.38735 1W Resistance Zone and is declining towards the 1.3500 - 1.34450 1W Support Zone. With neutral (RSI = 52.884, STOCHRSI = 45.209, Williams = -45.866) we have an optimal medium term sell signal and our TP is 1.35000. ** If you like our free content follow our profile (www.tradingview.com) to get more...
As long as the price stay below 1.3820 resistance level, it will test the white trend line. If the price will cross the trend line downward, next target will be next support line which is around 1.3610 level. We can also expect that the price can touch the main trend line (yellow) for long term expectations. White trend line is getting more important for this idea.
The pair is trading inside a 1D Channel Up (RSI = 65.836, MACD = 0.002, Highs/Lows = 0.0038). After breaking through the 1.36150 Resistance, which is now essentially its support, it should aim for the next sell accumulation point a 1.37450. We are long to that point. ** If you like our free content follow our profile (www.tradingview.com) to get more daily...
The pair has been trading sideways in 2019 within the 1.36140 Resistance and 1.34450 Support. With 1D neutral (RSI = 51.626, Williams = -49.207, CCI = -45.7804, Highs/Lows = 0.0000), the price is expected to continue consolidating on the medium term within those levels. We are using 1.35750 - 1.36140 as a Sell Zone and 1.34450 - 1.34900 as a Buy Zone. ** If...
Enter at price on 1.3500, Stop loss at 1.3492/ Take Profit at 1.3550 / Risk-Reward of 1:5
The pair is trading on a 1W Channel Down (RSI = 42.533, Highs/Lows = -0.0041, B/BP = -0.0178, MACD = -0.002) which is close to pricing a top based on a recurring bearish pattern inside the channel. A new Lower Low should follow so we are going short, TP = 1.3400. ** If you like our free content follow our profile (www.tradingview.com) to get more daily...
The pair is trading on a 4H Inverse Head and Shoulders (RSI = 52.384, Highs/Lows = 0.0000). The rejection near 1.36160 was strong and is a sign that the patterns aims at completing the Right Shoulder. Our TP is 1.35055. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
USDSGD - 3a - 190202 - SHORT - OANDA - AT - 4H - (RRR 3.67)
USDSGD - 2a - 180122 - LONG - OANDA - AT - 4H - (RRR 3.66)
The Singapore Dollar has been appreciating against the US Dollar after the exchange rate reversed from the upper boundary of a medium-term channel at 1.3870. As apparent on the chart, the pair is also trading in a short-term descending channel. From a theoretical point of view, the pair should follow the junior channel and aim for the lower boundary of the...
Aprox. levels: BS: 1.375; SL: 1.3685; TP: 1.395 (1) 1.42 (2) (1.46%) (-0.47%) = 0.99
TP = 1.38500 hit as the 1W Channel Up (RSI = 59.506, MACD = 0.009, B/BP = 0.0042) marginally crossed the monthly 1.3858 Resistance before pulling back for a new Higher Low (Highs/Lows = 0.0000). Since the Higher Low delivered a rebound, we can expect the Channel Down to extend to a new Higher High at or above 1.39000. USDSGD is a solid buy opportunity. We are...
PS: PLEASE CONFIRM BY YOUR OWN ANALYSIS BEFORE TAKING ANY DECISION ON THIS TRADE
Follow on price and take your profit guys! Goodluck & Safe trade!
The US Dollar has been appreciating against the Singapore Dollar since the beginning of 2018. This movement is bounded by a rising wedge. Considering technical indicators flash bullish signals on the 4H and 1D time-frames, it is very likely the pair upside momentum starts prevailing within the nearest time. The most probable upside target during the following...
The US Dollar has gained 3.30% against the Singapore Dollar during the past few weeks. This strong appreciation allowed the pair to reach a new one-year high and provide another confirmation of the upper channel line at 1.3727 early in July. By mid-Thursday, the Greenback had returned to re-test this high and subsequently breached it to test the 1.3740 mark....