Elliott Wave

Elliott wave analysis of USD/SGD for January 12, 2023

  • by
  • January 12, 2023
  • Less than a minute
  • 320 Views
  • 1 year ago

A nice-looking S/H/S top is expected to be activated upon a break below support at 1.3278 and a drop to at least 1.2095, but likely will set the stage for a continuation to below the 2011 low near 1.2000. Resistance near 1.3440 and important resistance near 1.3617 are expected to cap any correction for the break through key support at 1.3278.

Share This Post:

Author
Andrew Johnson is a seasoned journalist with a keen interest in the commodity market. He is a regular contributor to Livemarkets.com, where he covers the latest news, trends, and analysis related to the commodity industry. With years of experience under his belt, Andrew has established himself as a reliable source of information on the global commodity market.

Related Post

Maximizing Your Trading Potential: The Power of Technical Analysis Tools

Maximizing Your Trading Potential: The Power of Technical Analysis

February 12, 2023
Riding the Waves of the Market: An Introduction to Elliott Waves Theory

Riding the Waves of the Market: An Introduction to

February 9, 2023
Mastering the Markets: How Combining Elliott Waves with Other Technical Analysis Tools Boosts Accuracy

Mastering the Markets: How Combining Elliott Waves with Other

February 4, 2023

Elliott wave analysis of USD/SGD for January 13, 2023

January 13, 2023
Applying Elliott wave theory to Litecoin for the 13th of January, 2023

Elliott wave analysis of Litecoin for January 13, 2023

January 13, 2023

Elliott wave analysis of Litecoin for January 12, 2023

January 12, 2023