Today, we have an enticing trade idea and analysis for all you traders, focusing on one Forex cross pair that has recently been making waves: USD/SGD. Whether you’re a seasoned trader or just dipping your toes into the vast ocean of Forex trading, you can navigate these Forex trade ideas and uncover profitable opportunities with...
Let’s look at USDSGD forex cross-pair using the supply and demand glasses as technical analysis. This forex cross pair has created a strong impulse on the weekly timeframe around 1.3497 price area that ended up becoming a strong demand imbalance where longs will be possible again. See the weekly timeframe screenshot below. With practice, you...