USD/SGD: Strong SELL !!BUY & SELL Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
Usdsgdshort
USDSGD AB=CD completedUSDSGD AB=CD completed
and pulled back to 0.618 level
around 1.35586 will be a good area to short
SL : 1.3580
TP : Follow arrow
SGDUSD Continues Moves Within a RangeWhile USDSGD began the past week of trading with a downward moves, these were quickly reversed by the end of the week and the price ended up where it started: Clearly, traders can see over the past few months that USDSGD prefers to trade within its range of horizontal resistance at around 1.3612 and of support between around 1.3442 and 1.3473. Bull bear indicator signals oversold while RSI is less convinced of a move in either direction. Meanwhile, a whole host of exponential moving averages suggests that the trend is further down. Overall, the in general picture for USDSGD remains what it was last week and the week prior which is to short.
For more analysis and charts please go to www.anthonylaurence.wordpress.com
USDSGD: Risk-On Trades Back into Play?USDSGD
Timeframe: 1D
Direction: Short
Confluences for Trade:
- Stochastic has yet to move into Oversold conditions
- Breaking Support Trendline (since April 2018)
- Fundamentally, with positivity the outcome from the temporary truce between Trump-Xi and a more dovish FED reduces the drag on global demand and is positive for the Asian region. The SGD is a trade-weighted basket and has high correlation with CNH and EUR. This two correlation will also benefit from the improved sentiment that we have.
Suggested Trade:
Entry @ Area of Interest 1.3680 - 1.3750
SL: 1.3813
TP: 1.3472
RR: Approx. 2.87 (Depending on Entry Level)
May the pips move in our favor! Good luck! :D
*This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.
USD/SGD trading ideaCurrency rate broke down triangle and made a pull back to it.
We can open Short for continue of down moving at 1.3637. I think the price will move down to next key level 1.3528.
T/P: 1.3536 S/L: 1.3674 R:R — 1/3
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Bearish BAT on USDSGDBearish BAT on FX_IDC:USDSGD 0.00% already completed. But i'm waiting for an opportunity to enter.
Selling USDSGDOn the hourly chart of USDSGD, the price has started a new downtrend and formed a sell fractal within a beginning of the 5th Elliott wave.
USD/SGD LONG TERM VIEW for year 2018USD seems to be weak in the upcoming year.
To new traders looking at which currency to deposit into your broker, seems like SGD is good.
So long as 1.36 holds, It should go down lower.
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable for your own financial situation.
SonicR Mastery team is not responsible for any liabilities arising from the result of your market involvement or individual trade activities
Short opportunity identified on the Dollar Singapore PairHere I have identified an opportunity to take a short position on the USD SGD currency pair, the economic data being released for the Singapore Dollar this evening should be enough for a minor bearish run for the overall USD vs SGD pair. I will be taking a similar approach to what is descried in the attached image
USD/SGD Daily Update (15/7/17)Down is the only way to go.
Bearishness is still strong...
Price will reach 1.36 in days to come.
DO NOT LONG !
Trade with care..
USDSGD - Bearish Bat Completed on H4 Chart
Price is currently at trendline resistance level
At the same time, a bearish bat pattern has completed
RSI is also at overbought level
Good R:R at 1.8 (TP1) and 3.1 (TP2)
Wait for current candle to close and observe the next candle.
USD/SGD short setupConsolidations all over the plane showing that a continuation of the move down is very probable. Targeting the low at around 1.40
(4h) Bearish Butterfly & Structure BreakoutOANDA:USDSGD
Example of 1:2 risk/reward at 1st target the 38% from the pattern completion point;
Safe Trades;
[H4 USDSGD] Double TopDouble top forming on USDSGD on the H4 chart.
Entry below neckline @ 1.41600 with TP values scaling out at 50,61 and 78 Fibonnaci Levels
USDSGD Short 1D @ ResistanceShort USDSGD, bouncing off 1.43500 resistance. Looking to enter below the low on a candle closing below the consolidation low.
Target is .5 Fib
Short it safe??I am still bearish on this pairs BUT don't forget that much is going! Big news today and the Election in the US next week.
You have to be careful taking your decisions, for me i am trading small position for now till after things get more clear.
Like if you agree, follow and support please!
