website utilities


Follow us:
+1 64 64 8000 31 (New York, USA)
You are not logged in, you need subscription to view up-to-date forecasts, please Login if you have already subscribed, otherwise please Subscribe
You can still continue browsing delayed forecasts on the sidebar list.
Weekly forecast Australian Dollar / Singapore Dollar technical chart
Symbol AUDSGD
Trade Setup

#AUDSGD
Total Profit: 1518 pip
Closed trade(s): 462 pip Profit
Open trade(s): 1056 pip Profit

Trade Setup:
We opened 7 BUY trades @ 0.98549 based on 'Valley' entry method at 2021-10-04.

Open Profit:
Profit for one BUY trade is 1.01185(current price) - 0.98549(open price) = 264 pip
4 trade(s) still open, therefore total profit for open trade(s) is 264 x 4 = 1056 pip

Closed Profit:
TP1 @ 0.9907 touched at 2021-10-07 with 52 pip Profit.
TP2 @ 1.0005 touched at 2021-10-14 with 150 pip Profit.
TP3 @ 1.0115 touched at 2021-10-21 with 260 pip Profit.
52 + 150 + 260 = 462 pip

Trading suggestion:

  • We have already opened Buy trades, based on Trend Hunter Strategy, trade setup is drawn on the chart and shows entry and targets.
  • If the Midterm level 1.00000 is broken, we will close open trades.

DateOctober 30, 2021 - 15:35
Currentuptrend
Forecastcontinuation of uptrend

Midterm forecast:

  • 1.00000 is a major support, while this level is not broken, the Midterm wave will be uptrend.
  • We will close our open trades, if the Midterm level 1.00000 is broken.

Technical analysis:

  • A trough is formed in daily chart at 0.9742 on 09/30/2021, so more gains to resistance(s) 1.0191, 1.0265, 1.0415 and more heights is expected.
  • Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
  • Relative strength index (RSI) is 70.

Take Profits:

  1. 0.9898
  2. 1.0000
  3. 1.0115
  4. 1.0191
  5. 1.0415
Click on the level to view price action history.