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I'm expecting the Singapore Dollar to stay put in October and here's why. First the pair made a 'near doji' candle in September. I say near because the open was at 1.3622 while the close was at 1.3619, not EXACTLY the same as required by the theory. But for a monthly chart, this is close enough.
The doji signals indecision in the market. Neither the bulls nor the bears could make any headway this month so we ended up right where we opened. Furthermore on our next chart below we can see that sinc…
The doji signals indecision in the market. Neither the bulls nor the bears could make any headway this month so we ended up right where we opened. Furthermore on our next chart below we can see that sinc…