USD/SGD Symmetrical Triangle!

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The USD/SGD pair has shown oversold signs and now is fighting hard to climb higher. The price action has developed a symmetrical triangle which could bring great trading opportunities. Fundamentally, the USD was boosted by better than expected US data reported yesterday. The CB Consumer Confidence was reported at 113.8 far above 108.4 expected, while […]

USD/SGD Range Breakout Brings Continuation!

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USD/SGD moves sideways in the short term. It has decreased a little, but the bias is still bullish. That’s why we could still search for long opportunities. The Dollar Index has continued to increase, so the greenback could resume its appreciation. USD has received  a helping hand from the US Unemployment Claims in yesterday’s session. […]

USD/SGD Continuation Pattern!

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USD/SGD dropped right after the US inflation data was released but it could still come back higher. It’s traded at 1.3419 at the time of writing after retesting the daily pivot of 1.3414. An upside reversal is somehow expected after breaking above the major downtrend line. The pair has developed a triangle on H4 which […]

USDSGD Bullish Momentum

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The US has rejected the previous KL in a fake-out of the bullish structure trapping sellers in the process. Now that price is about to break with the pennant and above the previous highs momentum could turn bullish for the rest of the week to retest the previous Key Level. Broker Benefits Min Deposit Score […]