Beware of fraudulent websites impersonating us. Verify website URLs and legal entity details. Avoid unsolicited emails and report suspicious activity.
Your safety is paramount. Thank you for your attention and cooperation. See more details​

USDSGD – 14 Aug 2024

USDSGD 14 Aug 2024

On the weekly timeframe, USDSGD continued to decline significantly and has remained in a bearish trend since last month. The pair tried to break the kumo in July, but failed to rally and instead experienced a bearish trend reversal. As a result, the price continued to fall until it is now below the kumo at 1.31775. Looking at the stochastic indicator, it can be seen that the pair is oversold with the chart below the 20 level, indicating saturation in this bearish trend. This provides an opportunity for a trend reversal, especially if the bullish momentum starts to strengthen in the coming sessions.

WeChat: FPG_01

Please add the WeChat FPG_01, or scan the QR code.