Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

FxWirePro: Singapore dollar rises gradually against U.S. dollar, stay bearish

  • USD/SGD is currently trading around 1.3508 marks.
     
  • It made intraday high at 1.3530 and low at 1.3507 levels.
     
  • Intraday bias remains bearish till the time pair holds key resistance at 1.3538 mark.
     
  • A daily close above 1.3518 will test key resistances at 1.3538, 1.3590, 1.3615, 1.3672, 1.3720, 1.3770 and 1.3790 marks respectively.
     
  • Alternatively, a consistent close below 1.3518 will drag the parity down towards key supports at 1.3490, 1.3465, 1.3422 and 1.3315 levels respectively.
     
  • Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.

We prefer to take short position on USD/SGD around 1.3515, stop loss at 1.3540 and target of 1.3490/1.3465.

  • ET PRO
  • Market Data

Market-moving news and views, 24 hours a day >

March 22 14:00 UTC Released

MXMth Infl MM

Actual

0.26 %

Forecast

0.27 %

Previous

-0.1 %

March 22 14:00 UTC Released

MXMth Infl YY

Actual

3.95 %

Forecast

3.96 %

Previous

3.89 %

January 31 00:00 UTC 598508598508m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 598508598508m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 610328610328m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 598508598508m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 610328610328m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 598508598508m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 598508598508m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 598508598508m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.