Both Fundamental and Technical Analysis for CNYSGD turn uptrend!
The last Weekly bar closed higher than the last high confirmed the 2nd higher low for the likely beginning of up Trend...
From 5-Sep The Business Times:
One of the Options for non-Forex Traders is to park your saving into banks that offer a higher RMB saving interest rate.
E.g ICBC Bank current RMB Fixed deposit offer 6 months interest rate of 2.2% to gain both
higher interest rate vs SGD Saving current low-interest rate, and potential CNYSGD up trend currency exchange rate.
My Current Investments
Main Labels:
1) Gold (Link for Gold posts)
2) Silver (Link for Silver posts)
3) AUDSGD (Link for AUD posts)
4) CNYSGD Closed TP 0.208 ( Link for CNYSGD posts)
5) Fullerton SGD Heritage Income Class B ( Link )
6) Global X Uranium ETF Long ( Link )
7) US Stock Trade (Link)
Disclaimer :
None of the information contained in this Blog or Video constitutes an offer (or solicitation of an offer) to buy or sell any currency, product or financial instrument, to make any investments, or to participate in any particular trading strategy.
Any expression of opinion (which may be subject to change without notice) is personal to the author and the author makes no guarantee of any sort regarding the accuracy or completeness of any information or analysis supplied.
The author is not responsible for any loss arising from any investment based on any perceived recommendation, forecast, or any other information contained here.
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Sunday, September 06, 2020
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