SGDUSD (AMEX)

SGDUSD

SINGAPORE DOLLAR/US DOLLAR

BUY

0.7324

Prev.Close

0.7317

Change

+0.0007

Change%

+0.10%

Delayed Intraday Module : OFF

BULLISH HAMMER

DATA NOT AVAILABLE

Bought at

0.7324

Open

0.7316

High

0.7337

Low

0.7308

0.7324

0.00%

Signal History

Date	Price	Signal	Change%	AUD100⇨
09/22	0.7324	BUY	0.0%	99
09/13	0.7346	SHORT	-0.3%	99
09/11	0.7342	BUY	+0.1%	99
09/01	0.7382	SELL	-0.5%	99
08/29	0.7393	BUY	-0.1%	100
07/20	0.7531	SELL	-1.8%	100
07/03	0.7399	BUY	+1.8%	98
06/19	0.7457	SELL	-0.8%	99
06/01	0.7414	BUY	+0.6%	98
05/17	0.7451	SHORT	-0.5%	98
04/27	0.7489	BUY	-0.5%	99
04/06	0.7515	SELL	-0.3%	99
04/04	0.7540	BUY	-0.3%	100

† Trade commissions are taken as 0.20%.

Pattern & Confirmation Chart for the Last 6 Months

Signal Update

Our system’s recommendation today is to BUY. The BULLISH HAMMER pattern finally received a confirmation because the prices crossed above the confirmation level which was at 0.7322, and our valid average buying price stands now at 0.7324. The previous SHORT signal was issued on 09/13/2023, 9 days ago, when the stock price was 0.7346. Since then SGDUSD has fallen by -0.30%.

Market Outlook

We may be at a market bottom or at the start of a reaction rally. The bulls have strong evidence on their side and this evidence prompts us to make a bullish bet. Today’s candlestick has a white body and its close is above the confirmation level. The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. It is probably the right time to be part of this boost and bullish market sentiment. The market is telling you about a possible new profit. Do not miss this chance.

Pattern Description

This pattern occurs at the bottom of a trend or during a downtrend and it is called a Hammer since it is hammering out of a bottom. It is a single candlestick pattern that has a long lower shadow and a small body at or very near the top of its daily trading range. more...

Date	Price	Signal	Change%	AUD100⇨
09/22	0.7324	BUY	0.0%	93
09/13	0.7346	SHORT	-0.3%	93
09/11	0.7342	BUY	+0.1%	93
09/01	0.7382	SELL	-0.5%	93
08/29	0.7393	BUY	-0.1%	94
07/20	0.7531	SELL	-1.8%	94
07/03	0.7399	BUY	+1.8%	92
06/19	0.7457	SELL	-0.8%	93
06/01	0.7414	BUY	+0.6%	92
05/17	0.7451	SHORT	-0.5%	92
04/27	0.7489	BUY	-0.5%	93
04/06	0.7515	SELL	-0.3%	93
04/04	0.7540	BUY	-0.3%	94
03/31	0.7513	SELL	+0.4%	94
03/13	0.7427	BUY	+1.2%	93
02/23	0.7446	SHORT	-0.3%	93
02/20	0.7485	BUY	-0.5%	94
02/03	0.7622	SELL	-1.8%	94
02/01	0.7626	BUY	-0.1%	94
01/30	0.7606	SELL	+0.3%	95
11/23	0.7258	BUY	+4.8%	90
11/17	0.7275	SELL	-0.2%	91
11/04	0.7082	BUY	+2.7%	88
10/31	0.7075	SELL	+0.1%	89
10/13	0.6976	BUY	+1.4%	87
10/06	0.6996	SHORT	-0.3%	88
09/29	0.6978	BUY	+0.3%	88
09/15	0.7096	SHORT	-1.7%	87
09/09	0.7148	BUY	-0.7%	88
08/29	0.7162	SHORT	-0.2%	88
08/25	0.7190	BUY	-0.4%	88
08/18	0.7227	SELL	-0.5%	89
08/04	0.7256	BUY	-0.4%	89
08/02	0.7232	SELL	+0.3%	89
07/19	0.7184	BUY	+0.7%	89
07/01	0.7175	SHORT	+0.1%	89
06/27	0.7214	BUY	-0.5%	90
06/23	0.7198	SHORT	+0.2%	91
06/15	0.7194	BUY	+0.1%	91
06/10	0.7217	SELL	-0.3%	91