Technical analysis prediction for the 1st of august 2018

Instrument : Usd sgd

Indicators; Ema200,50, Macd 12,26,9, Rsi 14, S/R

speculative position : Long position

price prediction : 1.3500


weekly chart


Daily chart

Usd sgd mkt trend is neutral and strong upside momentum on the weekly chart view could suggest a likely bullish trend in the long term, Ema signal is downtrend, Rsi (54.90), Macd signal is uptrend while on the daily chart view, trend direction is not clear but i expect a bullish trend and rise above 1.3500 level could be likely , Ema signal is neutral, Rsi (55.39), Macd signal is downtrend and prediction for the 1st of august 2018 is 1.3500
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