USDSGD

The USDSGD is in a strong uptrend with a 50% Fibonacci retracement completed. In this video we discuss the technical reasons for a LONG trade on this forex pair setting up in the opening session. CMC Markets is a global leader in online trading, offering CFD and FX trading. Learn how to trade CFDs with our variety of educational videos on trading strategies. Trade the global financial markets, including currencies, commodities, indices, companies and treasuries. Spreads may widen dependent on liquidity and market volatility. Investing in CFDs carries significant risks and is not suitable for all investors. You could lose substantially more than your initial deposit. You do not own, or have any interest in, the underlying assets. We recommend that you seek independent advice and ensure you fully understand the risks involved before trading.