USDSGD
💡Don't miss the great buy opportunity in USDSGDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.3420).
. 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 an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 40 .
Take Profits:
TP1= @ 1.3440
TP2= @ 1.3466
TP3= @ 1.3489
TP4= @ 1.3515
TP5= @ 1.3550
TP6= @ 1.3605
SL= Break below S2
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💡Don't miss the great buy opportunity in USDSGDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.3420).
. 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 an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 40.
Take Profits:
TP1= @ 1.3440
TP2= @ 1.3466
TP3= @ 1.3489
TP4= @ 1.3515
TP5= @ 1.3550
TP6= @ 1.3605
SL= Break below S2
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Now, It's your turn !
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Ascending within Ascending + Breakout bear Flag entryWe have An ascending Structure within a larger Ascending structure, Price looks like it may be forming a HTF "M" style pattern but the sell off may come sooner, that's why the focus is on the the ascending within and when it completes. Looking for tight LTF correction after the breakout for the entry.
USD/SGD: FUNDAMENTAL ANALYSIS+PRICE ACTION & NEXT TARGET|SHORT🔔The final Singapore GDP for the second quarter decreased 7.2% quarterly and increased 14.7% annualized. Economists predicted a decrease of 2.0% and an increase of 14.2%. Forex traders can compare this to the previous Singapore GDP for the second quarter, which decreased 7.7% quarterly and increased 14.3% annualized. The Singapore Current Account for the second quarter was reported at S$25.64B. Forex traders can compare this to the Singapore Current Account for the first quarter, reported at S$24.42B.
The US CPI for July is predicted to increase 0.5% monthly and 5.3% annualized. Forex traders can compare this to the US CPI for June, which increased 0.9% monthly and 5.4% annualized. The US Core CPI for July is predicted to increase 0.4% monthly and 4.3% annualized. Forex traders can compare this to the US Core CPI for June, which increased 0.9% monthly and 4.5% annualized. The US Monthly Budget Statement for July is predicted at -$307.0B. Forex traders can compare this to the US Monthly Budget Statement for June, reported at -$174.0B.
The forecast turned bearish for the USD/SGD turned bearish as the advance is closing in on its end phase. Will bears gather enough momentum to force the USD/SGD into its horizontal support area?
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USDSGD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
AUD/USD on watch for me today.AUD/USD:
• If price impulses up above the upper descending trend line of our most recent piece of structure, it does so in a convincing manner and a subsequent tight one hour flag forms, then I'll be looking to get long with a reduced risk entry on the break of the flag.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
USDSGD Has Broken Above a Major Resistance
Welcome back Traders, Investors, and Community!
Hi Traders, USDSGD on H4 has broken above a major Resistance by several green candles. It might go down for a retest before goes up to hit TP1
⬆️Buy now or Buy at 1.3580
⭕️SL @1.3554
✅TP1 @ 1.3706
✅TP2 @ 1.3784
✅TP3 @ 1.3859
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💡Don't miss the great buy opportunity in USDSGDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.3580).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. USDSGD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 79.
Take Profits:
TP1= @ 1.3706
TP2= @ 1.3784
TP3= @ 1.3859
TP4= @ 1.3935
TP5= @ 1.3975
SL= Break below S2
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. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
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💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in USDSGDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.3580).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. USDSGD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 79.
Take Profits:
TP1= @ 1.3706
TP2= @ 1.3784
TP3= @ 1.3859
TP4= @ 1.3935
TP5= @ 1.3975
SL= Break below S2
❤️ 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 / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
USD/SGD, GBP/AUD, USD/CAD and EUR/JPY on watch for me today.USD/SGD:
• If price pushes up to and ideally just above our rayline, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag.
• If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place this trade.
GBP/AUD:
• If price impulses down below our rayline and it does so in a convincing manner, then I'll be looking to get short with a reduced risk entry on the break of a subsequent tight flag.
• If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place this trade.
USD/CAD:
• If price impulses down below our rayline and it does so in a convincing manner, then I'll be looking to get short with a reduced risk entry on the break of a subsequent tight flag.
• If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place this trade.
EUR/JPY:
• If price impulses up above the upper descending trend line of our most recent corrective channel, it does so in a convincing manner and a subsequent tight flag forms, then I'll be looking to get long with a reduced risk entry on the break of the flag.
• If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place this trade.
CHF/JPY, USD/SGD, GBP/JPY and AUD/CHF on watch for me today.CHF/JPY:
• If price pushes up to and ideally just above our rayline, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag.
• If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place this trade.
USD/SGD:
• If price impulses down below the lower ascending trend line which it's currently above, it does so impulsively and in a convincing manner and a subsequent tight one hour flag forms, then I'll be looking to get short with a reduced risk entry on the break of the flag.
• If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place this trade.
GBP/JPY:
• If price impulses back up, it does so in a convincing manner and a subsequent tight flag forms, then I'll be looking to get long with a reduced risk entry on the break of the flag.
• If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place this trade.
AUD/CHF:
• If price pushes down to and ideally just below our rayline, then regardless of how it does so I'll be waiting for a convincing impulse back up followed by a tight flag and then I'll be looking to get long with a reduced risk entry on the break of the flag.
• If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place this trade.
CHF/JPY, USD/SGD, GBP/AUD and AUD/CHF on watch for me today.CHF/JPY:
• If price pushes up to and ideally just above our rayline, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag.
• If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place this trade.
USD/SGD:
• If price pushes up to and ideally just above the upper trend line of our most recent piece of structure and the last part of the move is corrective, or price gives us a one hour rejection then I'll be looking to get short with a risk entry either after a phase line break on either the fifteen minute or the one hour chart, or just below the one hour rejection.
• If price pushes up to and ideally just above the upper trend line of our most recent piece of structure and the last part of the move is impulsive, then I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag.
• If price simply impulses back down below our rayline, it does so in a convincing manner and a subsequent tight flag forms, then I'll again be looking to get short with a reduced risk entry on the break of the flag.
• If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place any of these trades.
GBP/AUD:
• If price pushes up to and ideally just above the upper trend line of our most recent piece of structure and the last part of the move is corrective, or price gives us a one hour rejection then I'll be looking to get short with a risk entry either after a phase line break on either the fifteen minute or the one hour chart, or just below the one hour rejection.
• If price pushes up to and ideally just above the upper trend line of our most recent piece of structure and the last part of the move is impulsive, then I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag.
• If price only pushes up to and ideally just above the upper rayline of our most recent piece of structure, then regardless of how it does so I'll once again be waiting for a convincing impulse back down followed by a tight flag and then I'll again be looking to get short with a reduced risk entry on the break of the flag.
• If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place any of these trades.
AUD/CHF:
• If price pushes down to and ideally just below our rayline, then regardless of how it does so I'll be waiting for a convincing impulse back up followed by a tight flag and then I'll be looking to get long with a reduced risk entry on the break of the flag.
• If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place this trade.
USDSGD Trading Plan - 13/Jul/2021Hello Traders,
Hope you all are doing good!!
I expect USDSGD to go down soon enough.
Look for SELL setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.