Breaking News

USD/SGD And USD/PLN: Levels, Ranges, Targets

By Brian TwomeyForexApr 18, 2018 06:19PM ET
USD/SGD And USD/PLN: Levels, Ranges, Targets
By Brian Twomey   |  Apr 18, 2018 06:19PM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items

Current USD/SGD, Singapore dollar trades at 1.3099 and is a great currency pair to hit targets as it trades steady as AUD/USD or NZD/USD.

Current USD/SGD is oversold and trades at the bottom of its range.

Match Sing – Apore against MYR, the Malaysia Ringgit as SGD/MYR then the famously named Sing / Ring currency cross is created.

Bottom of the range means not only 1.3092 and 1.3087 but bottom of a multi year range. Long is the only direction as shorts are impossible.

The big break point for longs to see USD/SGD higher is 1.3197 and a break targets many and massive resistance points at 1.3300’s starting at 1.3303 and up to the 5 and 10 year averages at 1.3357 and 1.3368.

Longs must trade to 1.3181 yet must cross above 1.3141, 1.3158, 1.3171 then 1.3184. Overall, higher in USD/SGD represents a correction as price remains below 1.3762 and 1.3606.

The long trade despite resistance and 50 ish pips involved is forced upon USD/SGD as it lacks ability to travel lower

Last post reported EUR/JPY top at 133.11, it held at 132.90. GBP/JPY dead stopped at 152.09 and as mentioned GBP/JPY had to trade back to 152.76 and it traded to 152.68. GBP/USD mentioned had to trade back to 1.4233 from 1.4172 lows and it traded to 1.4246.

To know a target price is to know how to trade a price and this is completed by either hold to target or trade multiple times in the direction of the target.

A far better long trade is USD/PLN from its current 1.3635 price.

As in USD/SGD, the long in USD/PLN represents a correction higher as long as price remains below 3.3927 and 3.4213.

Above 3.4213 targets 3.4314, 3.4435, 3.4739 then wide open to 3.5069 and challenge to the 5 year average at 3.5471.

Target on the long is 1.3719 and just shy of the next vital break point at 3.3816. Overall, current range is located from 3.3535 to 3.3816.

Brian Twomey

USD/SGD And USD/PLN: Levels, Ranges, Targets
USD/SGD And USD/PLN: Levels, Ranges, Targets

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at’s discretion.

Write your thoughts here
Are you sure you want to delete this chart?
Post also to:
Replace the attached chart with a new chart ?
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Are you sure you want to delete this chart?
Replace the attached chart with a new chart ?
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Continue with Google
Sign up with Email