Title
by Americanbulls.com LLC
Last Update
2020-10-23
XAGSGD
SILVER / SINGAPORE DOLLAR
Last Signal: SELL
Last Pattern: BEARISH DARK CLOUD COVER
Last Close:
33.3353
Change:
-0.1592
Percent change
-0.48%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH DARK CLOUD COVER pattern finally received a confirmation because the prices crossed below the confirmation level which was at 33.4945, and our valid average selling price stands now at 33.3874. The previous BUY signal was issued on 2020-10-20, 3 days ago, when the currency rate was 33.2060. Since then XAGSGD has risen by +0.55%.
Market Outlook
The market ran out of steam and the traders are now more in agreement about the bearishness. The evidence is strong enough to prompt the closing of long positions. The bearish pattern that was previously identified is finally confirmed and a SELL signal is generated. You still have time to follow the signal and then you may start checking other securities for a bullish bet. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This is a top reversal pattern with two candlesticks. A white candlestick appears on the first day while an uptrend is in progress. The second day opens at a new high, with a gap up and closes more than halfway into the prior white body, leading to the formation of a strong black candlestick. more...
Signal History
Date 
Price 
Signal 
 
$10K ⇨ 
2020-10-2333.3874SELL $80,555
2020-10-2033.2060BUY $80,008
2020-10-1333.8939SHORT $78,152
2020-10-0932.4387BUY $74,423
2020-10-0631.5779SHORT $77,958
2020-09-2932.5677BUY $80,545
2020-09-1736.6847SHORT $68,607
2020-09-1436.9661BUY $68,831
2020-09-0238.1237SELL $68,841
2020-08-3137.4587BUY $67,266
2020-08-2436.4484SELL $67,276
2020-08-0433.5572BUY $58,901
2020-07-3032.5451SELL $58,911
2020-07-0625.2387BUY $28,176
2020-07-0224.9911SELL $28,186
2020-06-2624.7518BUY $27,298
2020-06-2424.4974SELL $27,308
2020-06-1724.3496BUY $26,677
2020-06-1224.4699SELL $26,687
2020-06-1024.7211BUY $28,339
2020-06-0325.2072SELL $28,349
2020-05-2824.5586BUY $24,229
2020-05-2624.2808SELL $24,239
2020-05-0721.2146BUY $10,155
2020-04-2721.5549SELL $10,165
2020-04-2321.6049BUY $9,990
† Standard Lot: US$100K
† Margin: US$10K, Leverage: 1/10
† Transaction cost: US$10/trade
† Long Swap: +US$8/day
† Short Swap: -US$2/day
Date 
Price 
Signal 
 
$10K ⇨ 
2020-10-2333.3874SELL $94,692
2020-10-2033.2060BUY $94,145
2020-10-1333.8939SHORT $92,289
2020-10-0932.4387BUY $88,560
2020-10-0631.5779SHORT $92,095
2020-09-2932.5677BUY $94,682
2020-09-1736.6847SHORT $82,744
2020-09-1436.9661BUY $82,968
2020-09-0238.1237SELL $82,978
2020-08-3137.4587BUY $81,403
2020-08-2436.4484SELL $81,413
2020-08-0433.5572BUY $73,038
2020-07-3032.5451SELL $73,048
2020-07-0625.2387BUY $42,313
2020-07-0224.9911SELL $42,323
2020-06-2624.7518BUY $41,435
2020-06-2424.4974SELL $41,445
2020-06-1724.3496BUY $40,814
2020-06-1224.4699SELL $40,824
2020-06-1024.7211BUY $42,476
2020-06-0325.2072SELL $42,486
2020-05-2824.5586BUY $38,366
2020-05-2624.2808SELL $38,376
2020-05-0721.2146BUY $24,292
2020-04-2721.5549SELL $24,302
2020-04-2321.6049BUY $24,127
2020-04-1721.9079SELL $24,137
2020-04-0220.0959BUY $14,700
2020-02-2525.6018SELL $14,710
2020-02-1424.5675BUY $10,967
2020-01-2824.3529SELL $10,977
2020-01-1724.2472BUY $11,254
2020-01-0924.3739SELL $11,264
2020-01-0224.1446BUY $10,606
2019-12-3123.9707SELL $10,616
2019-12-1923.1248BUY $6,134
2019-12-0622.8527SHORT $7,793
2019-12-0323.3566BUY $9,683
2019-10-2924.2590SELL $9,693
2019-10-2524.3574BUY $9,990
† Standard Lot: US$100K
† Margin: US$10K, Leverage: 1/10
† Transaction cost: US$10/trade
† Long Swap: +US$8/day
† Short Swap: -US$2/day
Date 
Price 
Signal 
 
$10K ⇨ 
2020-10-2333.3874SELL $126,590
2020-10-2033.2060BUY $126,043
2020-10-1333.8939SHORT $124,187
2020-10-0932.4387BUY $120,458
2020-10-0631.5779SHORT $123,993
2020-09-2932.5677BUY $126,580
2020-09-1736.6847SHORT $114,642
2020-09-1436.9661BUY $114,866
2020-09-0238.1237SELL $114,876
2020-08-3137.4587BUY $113,301
2020-08-2436.4484SELL $113,311
2020-08-0433.5572BUY $104,936
2020-07-3032.5451SELL $104,946
2020-07-0625.2387BUY $74,211
2020-07-0224.9911SELL $74,221
2020-06-2624.7518BUY $73,333
2020-06-2424.4974SELL $73,343
2020-06-1724.3496BUY $72,712
2020-06-1224.4699SELL $72,722
2020-06-1024.7211BUY $74,374
2020-06-0325.2072SELL $74,384
2020-05-2824.5586BUY $70,264
2020-05-2624.2808SELL $70,274
2020-05-0721.2146BUY $56,190
2020-04-2721.5549SELL $56,200
2020-04-2321.6049BUY $56,025
2020-04-1721.9079SELL $56,035
2020-04-0220.0959BUY $46,598
2020-02-2525.6018SELL $46,608
2020-02-1424.5675BUY $42,865
2020-01-2824.3529SELL $42,875
2020-01-1724.2472BUY $43,152
2020-01-0924.3739SELL $43,162
2020-01-0224.1446BUY $42,504
2019-12-3123.9707SELL $42,514
2019-12-1923.1248BUY $38,032
2019-12-0622.8527SHORT $39,691
2019-12-0323.3566BUY $41,581
2019-10-2924.2590SELL $41,591
2019-10-2524.3574BUY $41,888
2019-10-1623.8191SHORT $44,662
2019-10-0223.9331BUY $44,064
2019-09-2525.1310SELL $44,074
2019-09-1724.6053BUY $42,270
2019-09-1324.7919SELL $42,280
2019-09-1124.9105BUY $42,317
2019-09-0625.7151SELL $42,327
2019-08-2323.8105BUY $33,915
2019-08-1923.5703SELL $33,925
2019-08-0522.5794BUY $29,661
2019-07-3122.3552SELL $29,671
2019-07-1520.7224BUY $23,187
2019-06-2720.6317SELL $23,197
2019-06-2420.8818BUY $24,403
2019-06-1720.3281SELL $24,413
2019-06-1320.3045BUY $24,574
2019-06-1020.1017SELL $24,584
2019-05-3020.0055BUY $23,076
2019-05-1620.1481SHORT $21,917
2019-05-1320.2094BUY $22,389
2019-05-0920.1273SHORT $22,387
2019-05-0720.3232BUY $23,469
2019-05-0120.2050SHORT $23,968
2019-04-1820.3249BUY $24,877
2019-04-0520.4409SHORT $24,248
2019-03-1820.7228BUY $25,804
2019-03-1420.7706SHORT $25,942
2019-03-0820.5803BUY $24,774
2019-02-2121.4589SELL $24,784
2019-02-1821.4311BUY $24,419
2019-02-1221.2670SELL $24,429
2019-02-0821.4113BUY $25,065
2019-02-0121.4767SELL $25,075
2019-01-2320.8180BUY $21,212
2019-01-1720.9808SELL $21,222
2018-12-0419.6279BUY $13,427
2018-11-2319.6861SHORT $13,889
2018-11-2219.8521BUY $14,863
2018-11-2019.6867SHORT $15,852
2018-11-1419.3012BUY $13,559
2018-11-0619.9861SHORT $9,760
2018-11-0120.0777BUY $9,990
† Standard Lot: US$100K
† Margin: US$10K, Leverage: 1/10
† Transaction cost: US$10/trade
† Long Swap: +US$8/day
† Short Swap: -US$2/day

Disclaimers:

Americanbulls.com LLC is not registered as an investment adviser with the U.S. Securities and Exchange Commission. Rather, Americanbulls.com LLC relies upon the “publisher’s exclusion” from the definition of investment adviser as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws. As such, Americanbulls.com LLC does not offer or provide personalized investment advice. This site and all others owned and operated by Americanbulls.com LLC are bona fide publications of general and regular circulation offering impersonal investment-related advice to member and /or prospective members.

Singaporebulls.com is an independent website. Americanbulls.com LLC does not receive compensation by any direct or indirect means from the stocks, securities and other institutions or any underwriters or dealers associated with the broader national or international forex, commodity and stock markets.

Therefore, Singaporebulls.com and Americanbulls.com LLC is exempt from the definition of “investment adviser” as provided under Section 202(a) (11) of the Investment Advisers Act of 1940 and corresponding state securities laws, and hence registration as such is not required. We are not a registered broker-dealer. Material provided by Americanbulls.com LLC is for informational purposes only, and that no mention of a particular security in any of our materials constitutes a recommendation to buy, sell, or hold that or any other security, or that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. To the extent that any of the information obtained from Americanbulls.com LLC may be deemed to be investment opinion, such information is impersonal and not tailored to the investment needs of any specific person. Americanbulls.com LLC does not promise, guarantee or imply verbally or in writing that any information provided through our websites, commentaries, or reports, in any printed material, or displayed on any of our websites, will result in a profit or loss.

Government regulations require disclosure of the fact that while these methods may have worked in the past, past results are not necessarily indicative of future results. While there is a potential for profits there is also a risk of loss. There is substantial risk in security trading. Losses incurred in connection with trading stocks or futures contracts can be significant. You should therefore carefully consider whether such trading is suitable for you in the light of your financial condition since all speculative trading is inherently risky and should only be undertaken by individuals with adequate risk capital. Neither Americanbulls.com LLC, nor Singaporebulls.com makes any claims whatsoever regarding past or future performance. All examples, charts, histories, tables, commentaries, or recommendations are for educational or informational purposes only.

Displayed information is based on widely-accepted methods of technical analysis based on candlestick patterns. All information is from sources deemed to be reliable, but there is no guarantee to the accuracy. Long-term investment success relies on recognizing probabilities in price action for possible future outcomes, rather than absolute certainty – risk management is critical for success. Error and uncertainty are part of any form of market analysis. Past performance is no guarantee of future performance. Investment/ trading carries significant risk of loss and you should consult your financial professional before investing or trading. Your financial adviser can give you specific financial advice that is appropriate to your needs, risk-tolerance, and financial position. Any trades or hedges you make are taken at your own risk for your own account.

You agree that Singaporebulls.com and Americanbulls.com LLC its parent company, subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or consequential damages.