Dukascopy

EUR/SGD 1D Chart: Channel Up

FX_IDC:EURSGD   EURO / SINGAPORE DOLLAR
EUR/SGD 1D Chart: Channel Up

  • The common European currency is gradually advancing against the Singapore Dollar in a long-term ascending channel .
  • The pattern started to form after the currency exchange rate made a rebound and ended to move a six month long horizontal movement.

  • One of the features of this channel is that, initially, it gained two reaction highs in a row and, afterwards, two reaction lows in a row, which suggests that the same situation might happen in future.
  • Last week the currency rate made a third rebound from the upper edge of the channel but failed to fall below the updated weekly PP at 1.6035.
  • Therefore, there is chance that the pair will surge one more time towards the weekly and monthly R1 near 1.6117 before making an ultimate slip to the southern direction.
Check out our Webinar YouTube channel
https://www.youtube.com/channel/UCmpHD7iCG9PCrp_sZuQbwEg

Check out our trading platform:
https://www.dukascopy.com/land/swiss/
MS Bahasa Melayu
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Laman Utama Penyaring Saham Penyaring Forex Penyaring Kripto Kalendar Ekonomi Bagaimana ia berfungsi Ciri-ciri Carta Peraturan Dalaman Moderator Laman web dan Penyelesaian Broker Widget Perpustakaan Carta Stok Permintaan Ciri Blog & Berita Soalan Lazim Bantuan & Wiki Twitter
Profil Tetapan Profil Akaun dan Pengebilan Tiket Sokongan Saya Hubungi Sokongan Idea-idea yang diterbitkan Pengikut Mengikuti Mesej Peribadi Perbualan Daftar Keluar