{"id":15044,"date":"2010-11-06T09:38:00","date_gmt":"2010-11-06T13:38:00","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=15044"},"modified":"2010-11-06T09:38:00","modified_gmt":"2010-11-06T13:38:00","slug":"singapore-dollar-after-the-flood","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/11\/06\/singapore-dollar-after-the-flood\/","title":{"rendered":"Singapore Dollar: After the Flood"},"content":{"rendered":"

\"flood\"<\/p>\n

Earlier this week heavy rains lead to serious floods in Indonesia, Malaysia and Vietnam, which caused a crop failure and consequently a price boom, on rubber in particular.
\nIn the meantime, USD continues declining versus the Singapore Dollar (SGD) at Forex.<\/p>\n

This week the price keeps shaping the 5th<\/sup> subwave inside wave C on D1. Its constituents: wave A of level H8, a retracement for wave B, and wave a (C ) or C, which is currently being developed and has a 5-wave structure with H2 waves acting as its subwaves.<\/p>\n

Thereby,\u00a0 the Department of studying <\/a>Masterforex-V trading system<\/a> expects one of the following scenarios of the USDSGD price movement to take place<\/em>:
\n\u00b7continuation of wave A\/5 of level H2<\/p>\n

\u00b7appearance of the upward MF Reference Point, with breaking through the MF pivots at 1.2854 and 1.2893 and coming out of the MF Sloping Channel, which will signify the end of wave a(C )\/C of level H8
\n\u00b7elongation of wave a(C )\/C on h8 through \u201cthe Hound of the Baskervilles by Elder MF\u201d<\/p>\n

Nov 5th<\/sup>. Forthcoming news (GMT):<\/strong><\/p>\n

12:30 GBP Producer Price Index Output Core
\n12:30 GBP Producer Price Index Input
\n13:00 EUR Euro-Zone Retail Sales
\n13:00 EUR German Factory Orders
\n15:30 USD Change in Non-farm Payrolls<\/strong>
\n15:30 USD Unemployment Rate
\n15:30 USD Avg Hourly Earning
\n15:30 USD Change in Private Payrolls
\n15:30 USD Avg Weekly Hours All Employees
\n15:30 USD Change in Manufacturing Payrolls
\n15:30 USD Fed’s Charles Plosser Moderates Panel at Atlanta Fed Conference
\n16:30 USD Fed’s Thomas Hoenig Speaks on Economy
\n17:00 USD Pending Home Sales
\n18:15 USD Fed’s Richard Fisher Moderates Panel at Atlanta Fed Conference
\n20:20 USD Fed’s James Bullard Moderates Panel at Atlanta Fed Conference
\n22:00 USD Consumer Credit
\n23:15 USD Fed’s Jeffrey Lacker Moderates Panel at Atlanta Fed Conference<\/p>\n

\"chart\"<\/p>\n

upport\/Resistance levels:<\/strong>
\n1.2893 MF pivot
\n1.2854 MF pivot
\n1.2821 the current price<\/strong>
\n1.2804 138.2%, 223.6%, 138.2%
\n1.2773 150%, 238.2%
\n1.2743 161.8%, 261.8%, 176.4%
\n1.2705 176.4%, 300%, 200%
\n1.2677 150% W1, 188.2%, 323.6%, 223.6%
\nYou are free to discuss this article here: \u00a0 forum for traders and investors<\/a><\/strong>
\n
\n<\/strong>
\nText:\u00a0Alexander Bobrov, an expert of the Department of studying Masterforex-V trading system<\/em><\/strong>
\nGot a question? \u2013 Ask it here\u00a0\u00bb<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

This week the price keeps shaping the 5th subwave inside wave C on D1. Its constituents: wave A of level H8, a retracement for wave B, and wave a (C ) or C, which is currently being developed and has a 5-wave structure with H2 waves acting as its subwaves.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-15044","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/15044","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=15044"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/15044\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=15044"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=15044"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=15044"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}