SDG JPY - Long IdeaBullish Divergence On 1h Tf. Will Long On The Break Of The High. Setup Invalidated If New Low Is Formed. Entry - 115.201 Stoploss - 114.739 Tp1 - 115.663 Tp2 - 116.131 #Trading #Technical #Crypto #Stocks #commodities Longby BullBearBTC1Updated 0
Trading Signal for SGDJPY**Direction:** Sell **Enter Price:** 116.128 **Take Profit:** 116.57533333 **Stop Loss:** 116.00433333 **Rationale for Forecast:** This trading signal was generated based on the EASY Quantum Ai strategy, which combines several technical indicators and quantitative analysis techniques to forecast market movements. Here are the key factors influencing this prediction: 1. **Technical Analysis:** - **Overbought Conditions:** Recent technical indicators suggest that SGDJPY is currently in an overbought territory, signaling a potential reversal. - **Resistance Level:** The currency pair is approaching a strong resistance level around 116.128, as indicated by historical price actions. 2. **Quantitative Analysis:** - **Volume Analysis:** Decreased trading volume indicates weakening bullish momentum and suggests a possible trend reversal. - **Mean Reversion:** Statistical models used by EASY Quantum Ai show a high probability of mean reversion, which aligns with a short position. 3. **Market Sentiment:** - **Sentiment Indicators:** Market sentiment analysis reveals negative sentiment for the SGD, strengthening the likelihood of short positions being favorable. By considering these factors, our EASY Quantum Ai strategy forecasts that the price is likely to decline from the enter price of 116.128 towards the take profit target of 116.57533333 while maintaining a stop loss at 116.00433333 to manage risk effectively. Please ensure to review this signal with your independent analysis and risk management practices.Shortby ForexRobotEasy0
SGDJPY moving within the channelLooking at the SGD/JPY long term channel it is moving within the channel for over past 20 years. Within the channel it is having 4 years cycle. With the latest upmove touching the upper hand on the channel ... Soon the trend for downtrend would also start. Having Yen assets may provide good run over the long term period. by spiritedDingo47834Updated 0
Trade Like A Sniper - Episode 11 - SGDJPY - (1st June 2024)This video is part of a video series where I backtest a specific asset using the TradingView Replay function, and perform a top-down analysis in order to frame ONE high-probability setup. I choose a random point of time to replay, and begin to work my way down the timeframes. Trading like a sniper is not about entries with no drawdown. It is about careful planning, discipline, and taking your shot at the right time in the best of conditions. A couple of things to note: - I cannot see news events. - I cannot change timeframes without affecting my bias due to higher-timeframe candles revealing its entire range. - I cannot go to a very low timeframe due to the limit in amount of replayed candlesticks In this session I will be analyzing SGDJPY, starting from the 6-Month chart. - R2F10:59by Road_2_Funded1
SGDJPY Short Very similar to the AUDJPY trade i mentioned, we can see a rejection of SGDJPY of double top at 116.668, which caused price to dip, while regaining some upward momentum, we can see that SGDJPY is rejecting off the dotted line plotted at 116.113 which was a level respected numerous times as highlighted in yellow, if momentum continues a short trade towards the target 115.791 might come inShortby shrekwazoskitrades0
SGD / JPY Long Trade🔔 BUY Signal Alert! 🔔 🔗 Ticker: SGD / JPY 🌐 Market: Forex 🔄 Side: Long ⏱️ Type: Swing Trade 🎯 Entry: 112.29 🛑 Stop Loss: 111.63 🥇 First Profit Target: 112.93 🏆 Final Profit Target: 113.47 The CHAMLEO EDGE model uses a proprietary algorithmic program at the pre-market auction to identify potential stocks for each day. The algorithm then calculates where there is strong buying or selling pressure on the stock and sends buy or sell signals. The signal provides a suggested stop loss price based on calculations that the movement may no longer be valid. It also provides a first suggested level for realizing potential profits, indicating that there is a resistance level just beyond this price that may cause the stock to stop and possibly reverse. If this level is surpassed, there is potential to achieve possible profits at a price better than the first profit level, allowing the possibility of extending potential gains.Longby Chamleo111
✨ SGDJPY: LTF CURVE ANALYSIS (15m) ✨ (DOWNTREND)QUICK MONEY TRADE FOR YOU ALL... SLO2 @ 113.008 ⏳ SLO1 @ 112.93 ⏳ SSO1 @ 112.58 ⏳ TP1 @ 112.036 TP2 @ 111.242 TP3 @ 110.90 TP4 @ 110.33 BLO1 @ 110.25 (place price alert - WATCH PA to determine next move) 🔑 BLO = BUY LIMIT ORDER LTF = LOW TIME FRAME SLO = SELL LIMIT ORDER SSO = SELL STOP ORDER TP = TAKE PROFIT PA = PRICE ACTION Short-term time frames (1-minute to 3 hour): — Highly volatile, price movements can be fast and unpredictable. — Suitable for day trading and scalping, but require constant monitoring and quick decision-making. — Not ideal for beginners due to the risk and stress involved.Shortby oktane2
✨ SGDJPY: HTF CURVE ANALYSIS (9D) ✨(DOWNTREND)SLO2 @ 111.70 (Triggered) SSO @ 111.482 ⏳ TP1 @ 98.958 TP1a @ 94.55 TP2 @ 88.099 TP2a @ 82.15 TP3 @ 80.984 TP4 @ 79.00 (for all my "get every penny" traders") BLO1 @ 78.55 ⏳ BLO2 @ 75.124 ⏳ 🔑 BLO = BUY LIMIT ORDER HTF = HIGH TIME FRAME SLO = SELL LIMIT ORDER TP = TAKE PROFIT Long-term time frames (1 week to 1 year): — Shows the big picture, revealing major trends and economic factors. — Less volatile, price movements are slower and smoother. — Suitable for long-term trend trading and position trading. — Requires less frequent monitoring but may offer fewer trading opportunities.Shortby oktane2
SGDJPY SHORT. Trend Analysis: Time Frame: Choosen a specific time frame that aligns with my trading strategy. For example, let's consider a 4-hour chart. Moving Averages: Observe the Exponential Moving Averages. A potential shorting signal might emerge if the 50-day crosses below the 200-day, indicating a potential trend reversal. 2. Support and Resistance: Identify Key Levels: Look for significant support and resistance levels. A break below a crucial support level could indicate a bearish sentiment. 3. Relative Strength Index (RSI): Overbought/Oversold Conditions: Check the RSI for overbought conditions. If the RSI is above 70, it might suggest that the market is overbought, potentially signaling a reversal. Fundamental Analysis: 1. Excess Crude and Gasoline Stocks in the US: Examine Inventory Levels: Analyze the latest data on excess crude and gasoline stocks in the US. Impact on USD/JPY : Higher inventories could indicate a surplus, potentially leading to a decrease in oil prices. Given the inverse correlation between the USD/JPY and oil prices, this might contribute to a weaker JPY against the USD. 2. Economic Indicators : Consider GDP and Economic Reports: Evaluate the economic indicators of both Singapore and Japan. A weaker economic performance in one of these countries could influence the currency pair. 3. Interest Rate Differentials : Central Bank Policies : Monitor the monetary policies of the Monetary Authority of Singapore (MAS) and the Bank of Japan (BOJ). Divergent policies could impact interest rate differentials and influence the currency pair. Potential Shorting Scenario: Technical Signal : If the 50-day moving average crosses below the 200-day moving average, signaling a potential bearish trend reversal. Fundamental Rationale: Excess crude and gasoline stocks in the US may contribute to a weaker JPY against the SGD. Risk Management: Set Stop-Loss and Take-Profit Levels : Determine levels where you would cut losses and take profits based on your risk tolerance and trading strategy. Stay Informed: Be aware of geopolitical events, economic releases, or any unexpected news that could impact the currency pair. Remember, trading involves risks, and it's crucial to conduct thorough research, consider risk management strategies, and potentially consult with financial professionals before making any trading decisions. Additionally, consider the potential impact of transaction costs on your trade.Shortby aj_ozibonafx111
SGDJPY - In Bullish TrendSGDJPY is in a bullish trend as it is making higher highs and higher lows. Longby junaidkhanji1
SGDJPY CUP & HANDLE PATTERN SGDJPY has formed a Cup & Handle Pattern on its daily chart. The price has double bottom 103.682 forming a handle low and the price has broken above the Breakout: 106.292. ST: 104.903 Target1 62%: 112.282-79%: 113.948Longby TradeChartPatternsLikeTheProsUpdated 114
SGDJPY - Short retracementPossible Short-term retracement from bull trend. Wait for confirmation of trendline breakby fugutrader0
Keep it Easy SGDJPY long will make new record HighsIn Singapore a slight majority of analysts expected a 6th consecutive tightening move by MAS in order to tackle inflation, so the pause along with the conservative MAS statement on the inflation outlook saw a weakening of the S$. - Gold extended gains amid USD weakness; The US dollar index is testing one year lows at 100.78 during the morning. - Nikkei outperforms on results from big component Fast Retailing. But vs JPY nearly every currency is making higher highs. As trader,I focus just on technicals. Higher Highs Higher Lows! Trend is bllish! SG Dollar to Yen forecast by day. Date Weekday Min Max Rate 04/07 Tuesday 105.82 109.04 107.43 05/07 Wednesday 105.85 109.07 107.46 06/07 Thursday 105.83 109.05 107.44 07/07 Friday 105.79 109.01 107.40 10/07 Monday 106.55 109.79 108.17 11/07 Tuesday 106.30 109.54 107.92 12/07 Wednesday 106.16 109.40 107.78 13/07 Thursday 106.72 109.98 108.35 14/07 Friday 107.35 110.61 108.98 17/07 Monday 106.71 109.97 108.34 18/07 Tuesday 106.46 109.70 108.08 19/07 Wednesday 107.64 110.92 109.28 20/07 Thursday 108.22 111.52 109.87 21/07 Friday 108.14 111.44 109.79 24/07 Monday 108.73 112.05 110.39 25/07 Tuesday 108.90 112.22 110.56 26/07 Wednesday 109.20 112.52 110.86 27/07 Thursday 108.72 112.04 110.38 28/07 Friday 109.09 112.41 110.75 31/07 Monday 109.21 112.53 110.87 01/08 Tuesday 108.95 112.27 110.61 02/08 Wednesday 109.68 113.02 111.35 03/08 Thursday 109.66 113.00 111.33 04/08 Friday 109.13 112.45 110.79Longby DaveBrascoFXUpdated 3
✨ NEW: SGDJPY (3W) ✨ SWING TRADE ✨-SL @ 107.10 🚫 SSO1 @ 106.25 ⏳ SSO2 @ 103.88 ⏳ TP1 @ 95.78 (shaving) MP @ 90.45 (shaving) TP2 @ 90.45 (shaving) TP3 @ 86.52 (closing ALL Sell Orders) BLO1 @ 79.00 ⏳ BLO2 @ 75.46 ⏳ -SL @ 73.80 🚫Short02:10by ProfessorCEWard4
SGDJPY ____ SHORT-TERM BEARISH MOVEHey Guys, Just like EURJPY (inserted below) SGDJPY is going to give a short-term retracement as shown in my chart before the bullish rally continues. Follow for more. Cheers, David Shortby jabariofafrica1
sgd/jpy ⇌ longtechnical monthly ⇌ support test ⇌ bullish weekly ⇌ support test ⇌ bullish daily ⇌ ici pattern ⇌ bullish fundamental cot data shows that the major speculators are bearish on jpy so the move to the upside can be expectedLong02:54by rxntrading111
sgd/jpy ⇌ long technical monthly ⇌ support test ⇌ bullish weekly ⇌ support test ⇌ bullish daily ⇌ m pattern ⇌ bullish fundamental cot data shows that the major speculators are bearish on jpy so the move to the upside can be expectedLong02:52by rxntrading0
SGDJPY LONGPossible upward movement of the pair. Price is currently in a lower bound trading zone with significant volume making stops and holding rejections at the bottom of the price near the 55 period EMA , essential in my strategy for analysis of potential trend continuations. Indicators like Squeeze Momentum and the MACD histogram have turned bullish after their red valley; accompanied by the loss of bearish strength indicated by the ADX rebounding towards the EMA . The MACD lines would be giving a possible buy signal soon. I think you could go looking for the previous high price zone when you see indications of a bounce move higher on the 4-hour chart. In 1 hour timeframes we see that it has broken the bearish structure, forming higher lows than the previous ones. If you are going to take my opinion into account, please respect the projection time, this is extremely important. If it is not fulfilled in the foreseen time and makes a range, it will be better to close the operation in case it is possible.Longby alcaedad1
SGDJPY INVERSE CUP & HANDLE PATTERNIts showing inverse cup and handle pattern so we set sell stop according to trade plan given below Inverse Cup & handle Entry Price/Sell Stop: 97.572 Stop Loss: 98.388 TP1: 96.705 TP2:95.889 Risk Reward: 1:1Shortby DREAMGOLD_Investment0
SGDJPY SHORTPossible bearish movement of the pair. The price is currently in a trading zone with significant volume , with rejections at the top of the price right at the 55 period EMA , which is essential in my strategy for analysis of possible trend continuations. We also see significant development in the Squeeze momentum indicator and macd histogram monitors, with directionality changes to bearish confirmed. We see the attached ADX indicator entering below the 23 level line (0 point of the MACD histogram), indicating the weakness of the previous move higher as it bounced towards the 55 period EMA , to continue falling as the moves have indicated. previous; along with a possible sell signal pattern coming soon on the MACD lines. There could be a continuation of the downtrend. If you are going to take my opinion into account, please respect the projection time, this is extremely important. If it is not fulfilled in the foreseen time and it makes a range, it will be better to close the operation in case it is possible.Shortby alcaedad0
SGDJPY LONGPossible upward movement of the pair. Price is currently in a lower bound trading zone with significant volume making stops and holding rejections at the bottom of the price near the 55 period EMA , essential in my strategy for analysis of potential trend continuations. Indicators like Squeeze Momentum and the MACD histogram have turned bullish after their red valley; accompanied by the loss of bearish strength indicated by the ADX rebounding towards the EMA . The MACD lines would be giving a possible buy signal soon. I think you could go looking for the previous high price zone when you see indications of a bounce move higher on the 4-hour chart. In 1 hour timeframes we see that it has broken the bearish structure, forming higher lows than the previous ones. If you are going to take my opinion into account, please respect the projection time, this is extremely important. If it is not fulfilled in the foreseen time and makes a range, it will be better to close the operation in case it is possible.Longby alcaedad0
SGDJPY LONGPossible upward movement of the pair. Price is currently in a lower bound trading zone with significant volume making stops and holding rejections at the bottom of the price near the 55 period EMA , essential in my strategy for analysis of potential trend continuations. Indicators like Squeeze Momentum and the MACD histogram have turned bullish after their red valley; accompanied by the loss of bearish strength indicated by the ADX rebounding towards the EMA . The MACD lines would be giving a possible buy signal soon. I think you could go looking for the previous high price zone when you see indications of a bounce move higher on the 4-hour chart. In 1 hour timeframes we see that it has broken the bearish structure, forming higher lows than the previous ones. If you are going to take my opinion into account, please respect the projection time, this is extremely important. If it is not fulfilled in the foreseen time and makes a range, it will be better to close the operation in case it is possible.Longby alcaedad1
SGDJPY SHORTPossible bearish movement of the pair. The price is currently in a trading zone with significant volume , with rejections at the top of the price right at the 55 period EMA , which is essential in my strategy for analysis of possible trend continuations. We also see significant development in the Squeeze momentum indicator and macd histogram monitors, with directionality changes to bearish confirmed. We see the attached ADX indicator entering below the 23 level line (0 point of the MACD histogram), indicating the weakness of the previous move higher as it bounced towards the 55 period EMA , to continue falling as the moves have indicated. previous; along with a possible sell signal pattern coming soon on the MACD lines. There could be a continuation of the downtrend. If you are going to take my opinion into account, please respect the projection time, this is extremely important. If it is not fulfilled in the foreseen time and it makes a range, it will be better to close the operation in case it is possible.Shortby alcaedad1