Community
Blog

Community Blog

Add post
Filtered by tags:  Retreat
Avatar

Retreat from highs expected

rokasltu Posted 31 Oct. as Analysis on USD/SGD, Target: 1.2777, Date: 1st of December, 12:00 GMT  in #Technical analysis #USD/SGD #Highs #Retreat
USD/SGD is on highs last seen in the middle of 2013. Broad USD strength is seen across the board and now I think for some week rate will be in process of further direction determination. Mentioned developments could be seen in weekly USD/SGD chart below.
In my opinion during coming moth rate will fluctuate inside quite narrow range before further direction will be determined but this might happen only at the beginning of next year. For more exact possible rate developments determination daily US…
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

2 Comments
rokasltu avatar
rokasltu 7 Nov.

3 weeks till contest end - USD/SGD nearly reached 1.30 as it moved higher than I expected. But soft US jobs data reversed pair direction and now rate is around 1.29. In my opinion rate will return under 1.2873 during coming week and will fluctuate below that level afterwards.

rokasltu avatar
rokasltu 17 Nov.

2 weeks till contest end - USD shows strength again and rate tried to move above 1.30 but didn't stayed there for a long. I think despite recent highs is still under attack substantial retreat is not so far in my opinion.

orto leave comments
Avatar

NZD/USD near highs but retreat likely

rokasltu Posted 28 Mar. as Analysis on NZD/USD, Target: 0.8473, Date: 1st of May, 12:00 GMT  in #Technical analysis #Wave #NZD/USD #Retreat
If we analyze NZD/USD weekly chart we can see that NZD/USD rate is near highs which were in place back in August 2011. But I
think it is unlikely that NZD/USD will break mentioned highs as recent NZD rate hike is well priced in. Furthermore if we analyze rate performance we can see that NZD/USD rate throughout several past years formed bigger or smaller waves and it is likely that such waves will continue to appear.
For more precise rate analysis daily NZD/USD chart was used. As presently it is …
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

5 Comments
Alisitas avatar
Alisitas 31 Mar.

:)

rokasltu avatar
rokasltu 10 Apr.

3 weeks till contest end - rate is quite high at the moment but few days ago it was moving in downside direction. Situation is very unclear at the moment in this pair but I think some retreat will occur in coming days.

Alisitas avatar
Alisitas 10 Apr.

good luck;)

rokasltu avatar
rokasltu 22 Apr.

2 weeks till contest end - as predicted in previous update rate retreated and presently is at 0.8590 - little bit more than 100 pips away from predicted rate. But in my opinion rate will move downwards even further and approach to 0.84xx area.

rokasltu avatar
rokasltu 28 Apr.

3 days till contest end - as predicted rate went downwards but still didn't reach 0.84xx area. Nevertheless rate is very near this area presently at around 0.8535. In my opinion rate will go down further during coming days as even rate hike didn't fuel rate spike and that suggests that NZD is overvalued and further retreat is expected.

orto leave comments

Top bloggers

Blogger Posts / Likes

Top rated posts