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Current down trend on daily time frame converges with an up trend on the weekly. Short term speculators are running into fund managers looking at a longer horizon. Two big candles yesterday and the day before are signs of contest. This is the trading proposition for WTI right now.
AUDSGD prints a high probability reversal pattern with a combination of multiple bullish features including 1) confluence of trend lines on weekly 2) W-shaped double bottom on daily chart 3) bullish expansion terminated previous week-week trend.
2 charts of XAGUSD, monthly and weekly charts showing a 2-year support base and XAGUSD poised for a potential upwards breakout and best performance since 10 weeks. For long term investors, end-of-week close and end-of-month performance should provide clear input.
Daily and weekly analysis of SG30 (SiMSCI) based on exponential moving average lines as well as time period boxes. Trend is in bears favour as price has printed lower highs and lower lows in the past 3 weeks. Moving averages are now showing resistance as well as breaking down to lower lines.