The USDSGD pair has been trading within a Channel Down pattern since the April 16 2024 High and today almost touched its bottom (Lower Lows trend-line). That is a technical short-term buy opportunity towards its top (Lower Highs trend-line). The previous Bullish Leg of the pattern registered a +1.31% rise. Our Target is slightly lower than a new potential rise of...
The USDSGD pair is on the 1D MA50 (blue trend-line) currently but within conflicting Channels. The long-term one is a Channel Up that hasn't yet been invalidated, the medium term one a Channel Down and the shortest term a Channel Up. As long as Support 1 (1.34225) holds, we will go with the short-term Channel Up and stay bullish, targeting 1.37250, which will be...
The USDSGD pair has been trading within a Channel Up pattern (blue) since the February 02 2023 Low but on December 28 2023 it posted a Lower Low, so we have to consider the possibility of an emerging (dotted) Channel Down. As a result, the trend remains bullish but technically we should be careful and only target the top of Channel Down at 1.37350 (symmetrical...
It's been again a long time since we traded the USDSGD pair (October 03 2023, see chart below) but it did manage to give us a low risk sell opportunity: The price hit today the 1D MA200 (orange trend-line) for the first time in exactly 2 months (since November 17). That is a major pressure level as it is also exactly where Resistance 1 (1.34550) is. The...
Hello Guys, As I had previously published, the dollar index seems to be setting up for a bullish rally (analysis inserted below) and USDSGD which is correlated with the dollar index is aligning accordingly. You will also notice that the price has buy-side liquidity to hunt. I have set an alert to know when price trades into the daily order block from which I...
Hey Guys, USDSGD hunted sell-side liquidity last week Thursday & Friday and also traded into the weekly FVG. From the weekly FVG, I speculate that the price will rally to hunt the buy-side liquidity and head into the daily FVG. However, I expect that price will try again to go lower at the beginning of the week and start the bullish rally. Also, as a...
Last time we looked at the USDSGD pair (October 11 2022) we gave the best sell signal possible (see idea below) as the price entered the 6 year Resistance Zone: This time we have a buy signal flashing as the price not only broke above the Triangle pattern on the 1D time-frame but also above the 1D MA50 (blue trend-line). As long as Support 1 holds, we are...
USDSGD Possible drop to support level. Logic behind analysis : 1. Long term downtrend 2. Daily Bearish engulfer 3. 4H Head & shoulder on resistance with liquidity grab Summary : A sell trade is high probable as per chart analysis. Press the link button if you enjoy this analysis.
🟢 USDSGD TF: 4H Side: Long SL: $1.39610 Entry: $1.39858 TP 1: $1.40277 TP 2: $1.40690 TP 3: $1.41024 USD is gaining strength again so it's time to start buying it.
The USDSGD pair has entered a Resistance Zone where it has made long-term tops and got rejected since January 2016. Even if the long-term pattern is a Channel Up, technically there isn't much room for further growth before a correction near the 0.786 Fibonacci retracement level at least. It is interesting to see also that all rejections had the same aggressive...
The USDSGD pair made a Double Top rejection two days ago and is currently on a strong bearish 1D candle. With the 1D RSI also rejected on a Double Top last since in September 29 2021, the next level to consider entering is just above the 1D MA50 (blue trend-line), which is where the June 16 Bull Flag found Support. A 1D candle close below the 1D MA50, should...
Hello 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.
It is possible to reach the target by combining strategies 1 and 2 myself
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 We will have more FREE forecasts in TradingView soon ❤️ Your Support is really...
Hi Traders USD/SGD (H4 Timeframe) A high probability, entry to go LONG is forming @ 1.34787 after the market found support @ 1.34100. Only the downward break of 1.34100 would cancel this bullish scenario. Trade details: Entry: 1.34787 Stop loss: 1.34100 Take profit 1: 1.35855 Take profit 2: 1.36947 Take profit 3: 1.38727 Score: 10 Strategy: Bullish Wave - We2
What I see here is quite clear we have nicely broken trend line and then cute pull back to our trend line. as we were waiting for 2nd pull back to broken point of trend line to open buy position, it has quite nice R:R 1:4. Position Open Good Luck Everyone
Hi all traders, I hope you have a good day with all the pips from fomc. Now that fomc have settled, this is a trade analysis i have for you all on usdgsd. Please take note of the levels i have informed in usdsgd and trade those levels carefully. Please also help to like and share this video with your friends. Follow me on tradingview for more video...
Pattern: Channel Down on 1W. Signal: Bearish if a full 1W candle closes below the 1W MA50. Target: 1.35000 (just above the Symmetrical Support Zone). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** Most recent USDSGD signal: