Wat is d direction next week?

USDMYR looks bearish last weeks.
In Daily TF, i m looking for bearish too.
If 4.05x doesn't hold. It may breaks and fall to 3.92x level then all the way to 3.80x.

This post has been edited by A|bert: Mar 20 2016, 02:30 AM


Attached thumbnail(s)

thanks for your opinion

I hope to fall to below 4.00 level

This post has been edited by nexona88: Mar 20 2016, 06:18 AM

I will be broke soon.....

huh?

Not broke, it's matter of you earn more or less

It not me who make it go up.

aiyoh...why MYR strengthened ah!

where got strengthened same @ 4.06

Hardly move today

I was hoping it depreciate to 5

I was hoping it depreciate to 5

So you can finally change your 1 USD?

must reach 4.50 first

now the previous highest is 4.46

looks like back to 4.03 MYR level

when the currency would ever reach 4.00 MYR level or below

Damage has been done. Appreciate to US1=RM3 also wont bring the consumer goods price down.

When I observed the mkt closely, I see that even if the price of oil continues to increase, the upside for the MYR is limited. This indicates we have a floor here.

SGD-wise,....we are talking about a floor of MYR2.9850 to 1 SGD.

AND,.........the SGD has strengthened against the USD recently !!

Hence the saying always : 'on a gradually appreciating trend'. Let's see what the MAS says in the coming policy mtg in April.

ya, i noticed.

sgd has gained 3% vs usd in the last 2 months.

and sgx stocks been rising too.

good for u!

Tq,..AV,..

Hopefully Sgp will be able to stand for another 50 years,...as in another SG50

Soon, it will be time to 'give something back to the Sgp society', for giving so much to us. That's the right thing to do,...like contributing to the SG public by helping to disseminate proper investing knowledge.

'Right thinking, Right behaviour, leading to Right decisions most of the time,...'

Choosing the Right market is very important too !!!