SGDUSD trade ideas
Trade Analysis for Week 16 (14Apr25 onwards)Hello fellow traders , my regular and new friends!
Over here I will be sharing my analysis for this week.
Mainly On:
EURUSD
EURAUD
EURNZD
BTC
USDSGD
Moving forward I will separate both the Trade review and Coming week trade analysis for easy viewing!
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Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
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Thu 10th Apr 2025 USD/SGD Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a USD/SGD Sell. Enjoy the day all. Cheers. Jim
USDSGD – Technical Analysis (1D)USDSGD has broken out of a descending trendline on the daily timeframe – signaling a potential shift in short-term momentum. Price has held above 1.3510, confirming the breakout and opening the door to resistance zones at 1.3565–1.3638 (aligned with 0.382 and 0.236 Fibonacci levels).
If bulls stay in control, next targets lie at 1.3723 and 1.3750. However, a short pullback toward the 1.3450–1.3480 support zone (0.618 Fibo) is also possible.
🔹 Main scenario: continuation to 1.3565 → 1.3638 → 1.3723.
🔹 Alternative scenario: drop below 1.3450 toward 1.3376 or 1.3274.
Fri 4th Apr 2025 USD/SGD Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a USD/SGD Sell. Enjoy the day all. Cheers. Jim
Buy USDSGD: Great buy set up forming.Hello,
A high-probability buying opportunity is unfolding for the USD/SDG pair, with potential to ride momentum toward the upper range. Since mid-2020, this pair has been locked in a broad sideways consolidation, now carving out a textbook expanding triangle pattern on the weekly chart. This formation—characterized by widening highs and lows—signals increasing volatility and an impending breakout. The price recently staged a decisive rebound from the triangle’s lower trendline, a critical support zone, and has been in a corrective upswing since mid-January 2025.
Adding weight to this setup, the weekly MACD is approaching a bullish zero-line crossover, a reliable indicator of strengthening momentum that often precedes significant moves.
Together, these factors point to a low-risk entry for buyers, targeting the upper trendline—potentially yielding a 5-8% move, depending on execution. This setup suggests an attractive entry for buyers, with a target at the upper trendline of the triangle.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Tue 25th Mar 2025 USD/SGD Daily Forex Chart Buy SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a USD/SGD Buy. Enjoy the day all. Cheers. Jim
USDSGD: Target for c) of (B) is 1.2788 below.DISCLAIMER : All labelling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS
Thu 6th Mar 2025 Daily Forex Charts: 4x New Trade SetupsGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified 4x new trade setups this morning. As usual, you can read my notes on the charts for my thoughts on these setups. The trades being a AUD/USD Buy, AUD/CHF Buy, NZD/USD Buy & a USD/CAD Sell. I also discuss some trade management. Enjoy the day all. Cheers. Jim
Fri 28th Feb 2025 USD/SGD Daily Forex Chart Buy SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a USD/SGD Buy. Enjoy the day all. Cheers. Jim
#033 Trust The Process USDSGD 1057SGT 26022025Backlog posts
Buying USDSGD cos price is in an currently under construction up channel.
Better to buy early then to buy when the channel is formed, right?
When the channel is formed, then, the risk of it collapsing is higher cos the neccessary buying and selling aka tension and marketplace transactions has already been concluded, right?
Right.
1058SGT 26022025
USD/SGDOn Daily, it made a kind of double top at the 52 Weeks high.
my focus is on 1H chart. It seems it made a Head & Shouldersformation.
in 15 Minutes, it seems it's making a double top (hopefully). just watch it and make the best decsion.
REMEMBER ** Tomorrow is Friday and you don't want to get into a trade and stay over the weekend. **
I know ... I hate this tyep of opportunities.
Fri 31st Jan 2025 Daily Forex Charts: 3x New Trade SetupsGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified 3x new trade setups this morning. As usual, you can read my notes on the charts for my thoughts on these setups. The trades being a EUR/USD Sell, NZD/USD Sell & a USD/SGD Buy. I also discuss some trade management. Enjoy the day all. Cheers. Jim
#002 Obvious Range USDSGD ShortOk. I am feeling sick since last week. Might be due to the rain, and dust allergen due to CNY spring cleaning as well as weak immune system and late owl habits.
I wanted to record this trade but then my mind drifted away, and I went out of my house to collect my CBF190R tire valve cap, installed it, revved it abit and came home to pay my wifi payment, then I now realised I have a position going on and I havent recorded it!
Guess what. It got closed out for 0.44R TP.
So, here's the aftermath.
1744SGT 27012025
No more trading for the next two week I think.
I just received my reservist recall order, going in at 7th April to 27th April. 7th cycle.
1745SGT 27012025
USDSGD: Potential Short from Key ResistanceThe USDSGD pair is approaching a notable resistance zone around the 1.37160 level, an area that has historically acted as a supply zone, leading to price reversals. The current price action shows signs of hesitation as it tests this zone, which could indicate potential weakness.
If sellers regain control, the pair could reverse downward, with the 1.35041 level being a likely target for the next support zone.
USD/SGD - Bearish Head and ShouldersThis analysis focuses on the historical performance of the USD/SGD pair, specifically in the month of December, over the past decade. The identified pattern is a bearish head and shoulders formation, a classic technical analysis pattern signaling potential downward movement.
Key Points:
Pattern Recognition: The USD/SGD pair has exhibited a bearish head and shoulders pattern multiple times over the last 10 years. This pattern typically consists of three peaks, with the highest one (head) between two lower peaks (shoulders).
December Trends: The interesting observation is that this bearish pattern tends to manifest during the month of December. The pattern's recurrence in December may suggest a seasonal trend or specific market dynamics during this month.
Historical Frequency: Through careful analysis of historical price data, it has been identified that the USD/SGD pair displayed this bearish pattern in December on six occasions within the past decade.
Cautionary Note: While historical patterns provide valuable insights, it's essential to consider current market conditions, economic indicators, and geopolitical factors before making any trading decisions.
Recommendation:
Traders may want to closely monitor the USD/SGD pair in December, keeping an eye on the neckline of the bearish head and shoulders pattern as a potential entry or exit point.
Additional confirmation from other technical indicators and fundamental analysis is advisable before executing any trades.
Disclaimer:
This analysis is for informational purposes only and should not be considered as financial advice. Trading involves risks, and users are encouraged to conduct their research or consult with financial professionals before making any trading decisions.