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JAPANESE YEN / SINGAPORE DOLLAR

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JPYSGD trade ideas

✨ SGDJPY: LTF CURVE ANALYSIS (15m) ✨ (DOWNTREND)QUICK MONEY TRADE FOR YOU ALL... SLO2 @ 113.008 ⏳ SLO1 @ 112.93 ⏳ SSO1 @ 112.58 ⏳ TP1 @ 112.036 TP2 @ 111.242 TP3 @ 110.90 TP4 @ 110.33 BLO1 @ 110.25 (place price alert - WATCH PA to determine next move) 🔑 BLO = BUY LIMIT ORDER LTF = LOW TIME FRAME SLO = SELL LIMIT ORDER SSO = SELL STOP ORDER TP = TAKE PROFIT PA = PRICE ACTION Short-term time frames (1-minute to 3 hour): — Highly volatile, price movements can be fast and unpredictable. — Suitable for day trading and scalping, but require constant monitoring and quick decision-making. — Not ideal for beginners due to the risk and stress involved.
Short
by oktane
✨ SGDJPY: HTF CURVE ANALYSIS (9D) ✨(DOWNTREND)SLO2 @ 111.70 (Triggered) SSO @ 111.482 ⏳ TP1 @ 98.958 TP1a @ 94.55 TP2 @ 88.099 TP2a @ 82.15 TP3 @ 80.984 TP4 @ 79.00 (for all my "get every penny" traders") BLO1 @ 78.55 ⏳ BLO2 @ 75.124 ⏳ 🔑 BLO = BUY LIMIT ORDER HTF = HIGH TIME FRAME SLO = SELL LIMIT ORDER TP = TAKE PROFIT Long-term time frames (1 week to 1 year): — Shows the big picture, revealing major trends and economic factors. — Less volatile, price movements are slower and smoother. — Suitable for long-term trend trading and position trading. — Requires less frequent monitoring but may offer fewer trading opportunities.
Short
by oktane
SGDJPY SHORT. Trend Analysis: Time Frame: Choosen a specific time frame that aligns with my trading strategy. For example, let's consider a 4-hour chart. Moving Averages: Observe the Exponential Moving Averages. A potential shorting signal might emerge if the 50-day crosses below the 200-day, indicating a potential trend reversal. 2. Support and Resistance: Identify Key Levels: Look for significant support and resistance levels. A break below a crucial support level could indicate a bearish sentiment. 3. Relative Strength Index (RSI): Overbought/Oversold Conditions: Check the RSI for overbought conditions. If the RSI is above 70, it might suggest that the market is overbought, potentially signaling a reversal. Fundamental Analysis: 1. Excess Crude and Gasoline Stocks in the US: Examine Inventory Levels: Analyze the latest data on excess crude and gasoline stocks in the US. Impact on USD/JPY : Higher inventories could indicate a surplus, potentially leading to a decrease in oil prices. Given the inverse correlation between the USD/JPY and oil prices, this might contribute to a weaker JPY against the USD. 2. Economic Indicators : Consider GDP and Economic Reports: Evaluate the economic indicators of both Singapore and Japan. A weaker economic performance in one of these countries could influence the currency pair. 3. Interest Rate Differentials : Central Bank Policies : Monitor the monetary policies of the Monetary Authority of Singapore (MAS) and the Bank of Japan (BOJ). Divergent policies could impact interest rate differentials and influence the currency pair. Potential Shorting Scenario: Technical Signal : If the 50-day moving average crosses below the 200-day moving average, signaling a potential bearish trend reversal. Fundamental Rationale: Excess crude and gasoline stocks in the US may contribute to a weaker JPY against the SGD. Risk Management: Set Stop-Loss and Take-Profit Levels : Determine levels where you would cut losses and take profits based on your risk tolerance and trading strategy. Stay Informed: Be aware of geopolitical events, economic releases, or any unexpected news that could impact the currency pair. Remember, trading involves risks, and it's crucial to conduct thorough research, consider risk management strategies, and potentially consult with financial professionals before making any trading decisions. Additionally, consider the potential impact of transaction costs on your trade.
Short
by aj_ozibonafx
1
Keep it Easy SGDJPY long will make new record HighsIn Singapore a slight majority of analysts expected a 6th consecutive tightening move by MAS in order to tackle inflation, so the pause along with the conservative MAS statement on the inflation outlook saw a weakening of the S$. - Gold extended gains amid USD weakness; The US dollar index is testing one year lows at 100.78 during the morning. - Nikkei outperforms on results from big component Fast Retailing. But vs JPY nearly every currency is making higher highs. As trader,I focus just on technicals. Higher Highs Higher Lows! Trend is bllish! SG Dollar to Yen forecast by day. Date Weekday Min Max Rate 04/07 Tuesday 105.82 109.04 107.43 05/07 Wednesday 105.85 109.07 107.46 06/07 Thursday 105.83 109.05 107.44 07/07 Friday 105.79 109.01 107.40 10/07 Monday 106.55 109.79 108.17 11/07 Tuesday 106.30 109.54 107.92 12/07 Wednesday 106.16 109.40 107.78 13/07 Thursday 106.72 109.98 108.35 14/07 Friday 107.35 110.61 108.98 17/07 Monday 106.71 109.97 108.34 18/07 Tuesday 106.46 109.70 108.08 19/07 Wednesday 107.64 110.92 109.28 20/07 Thursday 108.22 111.52 109.87 21/07 Friday 108.14 111.44 109.79 24/07 Monday 108.73 112.05 110.39 25/07 Tuesday 108.90 112.22 110.56 26/07 Wednesday 109.20 112.52 110.86 27/07 Thursday 108.72 112.04 110.38 28/07 Friday 109.09 112.41 110.75 31/07 Monday 109.21 112.53 110.87 01/08 Tuesday 108.95 112.27 110.61 02/08 Wednesday 109.68 113.02 111.35 03/08 Thursday 109.66 113.00 111.33 04/08 Friday 109.13 112.45 110.79
Long
by DaveBrascoFX
SGDJPY LONGPossible upward movement of the pair. Price is currently in a lower bound trading zone with significant volume making stops and holding rejections at the bottom of the price near the 55 period EMA , essential in my strategy for analysis of potential trend continuations. Indicators like Squeeze Momentum and the MACD histogram have turned bullish after their red valley; accompanied by the loss of bearish strength indicated by the ADX rebounding towards the EMA . The MACD lines would be giving a possible buy signal soon. I think you could go looking for the previous high price zone when you see indications of a bounce move higher on the 4-hour chart. In 1 hour timeframes we see that it has broken the bearish structure, forming higher lows than the previous ones. If you are going to take my opinion into account, please respect the projection time, this is extremely important. If it is not fulfilled in the foreseen time and makes a range, it will be better to close the operation in case it is possible.
Long
by alcaedad
SGDJPY SHORTPossible bearish movement of the pair. The price is currently in a trading zone with significant volume , with rejections at the top of the price right at the 55 period EMA , which is essential in my strategy for analysis of possible trend continuations. We also see significant development in the Squeeze momentum indicator and macd histogram monitors, with directionality changes to bearish confirmed. We see the attached ADX indicator entering below the 23 level line (0 point of the MACD histogram), indicating the weakness of the previous move higher as it bounced towards the 55 period EMA , to continue falling as the moves have indicated. previous; along with a possible sell signal pattern coming soon on the MACD lines. There could be a continuation of the downtrend. If you are going to take my opinion into account, please respect the projection time, this is extremely important. If it is not fulfilled in the foreseen time and it makes a range, it will be better to close the operation in case it is possible.
Short
by alcaedad
SGDJPY LONGPossible upward movement of the pair. Price is currently in a lower bound trading zone with significant volume making stops and holding rejections at the bottom of the price near the 55 period EMA , essential in my strategy for analysis of potential trend continuations. Indicators like Squeeze Momentum and the MACD histogram have turned bullish after their red valley; accompanied by the loss of bearish strength indicated by the ADX rebounding towards the EMA . The MACD lines would be giving a possible buy signal soon. I think you could go looking for the previous high price zone when you see indications of a bounce move higher on the 4-hour chart. In 1 hour timeframes we see that it has broken the bearish structure, forming higher lows than the previous ones. If you are going to take my opinion into account, please respect the projection time, this is extremely important. If it is not fulfilled in the foreseen time and makes a range, it will be better to close the operation in case it is possible.
Long
by alcaedad
SGDJPY LONGPossible upward movement of the pair. Price is currently in a lower bound trading zone with significant volume making stops and holding rejections at the bottom of the price near the 55 period EMA , essential in my strategy for analysis of potential trend continuations. Indicators like Squeeze Momentum and the MACD histogram have turned bullish after their red valley; accompanied by the loss of bearish strength indicated by the ADX rebounding towards the EMA . The MACD lines would be giving a possible buy signal soon. I think you could go looking for the previous high price zone when you see indications of a bounce move higher on the 4-hour chart. In 1 hour timeframes we see that it has broken the bearish structure, forming higher lows than the previous ones. If you are going to take my opinion into account, please respect the projection time, this is extremely important. If it is not fulfilled in the foreseen time and makes a range, it will be better to close the operation in case it is possible.
Long
by alcaedad
SGDJPY SHORTPossible bearish movement of the pair. The price is currently in a trading zone with significant volume , with rejections at the top of the price right at the 55 period EMA , which is essential in my strategy for analysis of possible trend continuations. We also see significant development in the Squeeze momentum indicator and macd histogram monitors, with directionality changes to bearish confirmed. We see the attached ADX indicator entering below the 23 level line (0 point of the MACD histogram), indicating the weakness of the previous move higher as it bounced towards the 55 period EMA , to continue falling as the moves have indicated. previous; along with a possible sell signal pattern coming soon on the MACD lines. There could be a continuation of the downtrend. If you are going to take my opinion into account, please respect the projection time, this is extremely important. If it is not fulfilled in the foreseen time and it makes a range, it will be better to close the operation in case it is possible.
Short
by alcaedad
SGDJPY LONGPossible upward movement of the pair. Price is currently in a lower bound trading zone with significant volume making stops and holding rejections at the bottom of the price near the 55 period EMA , essential in my strategy for analysis of potential trend continuations. Indicators like Squeeze Momentum and the MACD histogram have turned bullish after their red valley; accompanied by the loss of bearish strength indicated by the ADX rebounding towards the EMA . The MACD lines would be giving a possible buy signal soon. I think you could go looking for the previous high price zone when you see indications of a bounce move higher on the 4-hour chart. In 1 hour timeframes we see that it has broken the bearish structure, forming higher lows than the previous ones. If you are going to take my opinion into account, please respect the projection time, this is extremely important. If it is not fulfilled in the foreseen time and makes a range, it will be better to close the operation in case it is possible.
Long
by alcaedad
SGDJPY SHORTPossible bearish movement of the pair. The price is currently in a trading zone with significant volume , with rejections at the top of the price right at the 55 period EMA , which is essential in my strategy for analysis of possible trend continuations. We also see significant development in the Squeeze momentum indicator and macd histogram monitors, with directionality changes to bearish confirmed. We see the attached ADX indicator entering below the 23 level line (0 point of the MACD histogram), indicating the weakness of the previous move higher as it bounced towards the 55 period EMA , to continue falling as the moves have indicated. previous; along with a possible sell signal pattern coming soon on the MACD lines. There could be a continuation of the downtrend. If you are going to take my opinion into account, please respect the projection time, this is extremely important. If it is not fulfilled in the foreseen time and it makes a range, it will be better to close the operation in case it is possible.
Short
by alcaedad
SGDJPY LONGPossible upward movement of the pair. Price is currently in a lower bound trading zone with significant volume making stops and holding rejections at the bottom of the price near the 55 period EMA , essential in my strategy for analysis of potential trend continuations. Indicators like Squeeze Momentum and the MACD histogram have turned bullish after their red valley; accompanied by the loss of bearish strength indicated by the ADX rebounding towards the EMA . The MACD lines would be giving a possible buy signal soon. I think you could go looking for the previous high price zone when you see indications of a bounce move higher on the 4-hour chart. In 1 hour timeframes we see that it has broken the bearish structure, forming higher lows than the previous ones. If you are going to take my opinion into account, please respect the projection time, this is extremely important. If it is not fulfilled in the foreseen time and makes a range, it will be better to close the operation in case it is possible.
Long
by alcaedad
SGDJPY LONGPossible upward movement of the pair. Price is currently in a lower bound trading zone with significant volume making stops and holding rejections at the bottom of the price near the 55 period EMA , essential in my strategy for analysis of potential trend continuations. Indicators like Squeeze Momentum and the MACD histogram have turned bullish after their red valley; accompanied by the loss of bearish strength indicated by the ADX rebounding towards the EMA . The MACD lines would be giving a possible buy signal soon. I think you could go looking for the previous high price zone when you see indications of a bounce move higher on the 4-hour chart. In 1 hour timeframes we see that it has broken the bearish structure, forming higher lows than the previous ones. If you are going to take my opinion into account, please respect the projection time, this is extremely important. If it is not fulfilled in the foreseen time and makes a range, it will be better to close the operation in case it is possible.
Long
by alcaedad
SGDJPY SHORTPossible bearish movement of the pair. The price is currently in a trading zone with significant volume , with rejections at the top of the price right at the 55 period EMA , which is essential in my strategy for analysis of possible trend continuations. We also see significant development in the Squeeze momentum indicator and macd histogram monitors, with directionality changes to bearish confirmed. We see the attached ADX indicator entering below the 23 level line (0 point of the MACD histogram), indicating the weakness of the previous move higher as it bounced towards the 55 period EMA , to continue falling as the moves have indicated. previous; along with a possible sell signal pattern coming soon on the MACD lines. There could be a continuation of the downtrend. If you are going to take my opinion into account, please respect the projection time, this is extremely important. If it is not fulfilled in the foreseen time and it makes a range, it will be better to close the operation in case it is possible.
Short
by alcaedad
SGDJPY LONGPossible upward movement of the pair. Price is currently in a lower bound trading zone with significant volume making stops and holding rejections at the bottom of the price near the 55 period EMA , essential in my strategy for analysis of potential trend continuations. Indicators like Squeeze Momentum and the MACD histogram have turned bullish after their red valley; accompanied by the loss of bearish strength indicated by the ADX rebounding towards the EMA . The MACD lines would be giving a possible buy signal soon. I think you could go looking for the previous high price zone when you see indications of a bounce move higher on the 4-hour chart. In 1 hour timeframes we see that it has broken the bearish structure, forming higher lows than the previous ones. If you are going to take my opinion into account, please respect the projection time, this is extremely important. If it is not fulfilled in the foreseen time and makes a range, it will be better to close the operation in case it is possible.
Long
by alcaedad