Get 40% Off
🔥 This hedge fund gained 26.16% in the last month. Get their top stocks with our free stock ideas tool.See stock ideas

USD/SGD Revisited

Published 02/20/2012, 11:53 PM
Updated 02/13/2020, 10:25 AM
USD/SGD
-
USD/HKD
-
USD/INR
-

The risk-on sentiment last week has pushed the USDSGD pair lower but not through critical levels just yet. The pairs decline seems to have stalled some at the the converging 21 and 200 day moving averages ahead of any release from Brussels. A break of the January lows will surely be negative, however the wind is not yet at the back of risk with the issues in Europe still not resolved for even a short-term fix.

<span class=USD/SGD" title="USD/SGD" width="606" height="307">

oil/usd continue to make new highs in recent days.

OIL/USD H4
oil/usd continue to make new highs in recent days giving a bullish signal.

USD/HKD continue to consolitdate after breaking through this downward wedge.

<span class=USD/HKD H4" title="USD/HKD H4" width="550" height="455">

USD/HKD continue to consolitdate after breaking through this downward wedge which seems like it is building steam for the next move.

USD/INR is trading in a small sideways channel.

<span class=USD/INR H4" title="USD/INR H4" width="544" height="462">


Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.