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  • USD/SGD (H4): Potential correction end           
  • Forecast: Joining downtrend near previous low (1.3870)
  • Alternative Scenario: Breaching current resistance levels and deepening correction    
  • Comments: USD/SGD shows really dynamic downtrend
  • Payout: PUT @ 1.3870à 73% return expiring at 09:00GMT

US_19.10

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Damian Chmiel
http://financemagnates.com
Member and editor of Finance Magnates - the biggest FX, and binary options B2B website. A graduate of the University of Economics in Krakow, active publicist since 2012. Technical analysis is always more important to him than the fundamentals – however, he does not reject the importance of macro data. As he assumes that, the simpler the better, he is a strong fan of Price Action trading strategy and Fibonacci retracements.

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