metusrydenxforex_
TRADE DEALM PHASE ONE SIGNING SOON US-IRAN TENSION SETTLING DOWN 38.2% FIB
Head and Shoulder on H1 chart SGD is also strong on low inflation report and market risk on sentiment
fully based on technicals and trend line.
hitting resistance, waiting for fundamental confirmation and shift to a risk off sentiment
shorting to hedge against any negative trade news during US-China trade talks. it aligns with the technicals as well
a slight pull back after hitting its major resistance. fundamental shift away from a risk- on sentiment
hitting major resistance. waiting for a confirmation and alignment with fundamentals.
a short trade based on technicals
monetary authority of Singapore is known for allowing SGD to float somewhat freely in the Forex market with a low possibility of direct currency intervention. JPY is appreciating due to a shift towards a risk-off sentiment among traders.