- USD/SGD is currently trading around 1.4078 marks.
- It made intraday high at 1.4096 and low at 1.4054 levels.
- Intraday bias remains bearish for the moment.
- A daily close above 1.4096 will test key resistances at 1.4168, 1.4212, 1.4297, 1.4409, 1.4506, 1.4568, 1.4686 and 1.4851 levels respectively.
- Alternatively, a consistent close below 1.4096 will drag the parity down towards key supports at 1.4046/1.3972/1.3819/1.3775/1.3704/1.3646 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 in USD/SGD around 1.4080, stop loss at 1.4168 and target of 1.3972.


FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
NZDJPY Bulls Charge Ahead: Buying the Dips Above 90 for a Shot at 92
FxWirePro: USD/CNY downside pressure builds, key support level In focus
FxWirePro: GBP/NZD bulls loosen their grip a bit, dips to be bought
FxWirePro: USD/JPY retreats as Japan signals possible FX intervention
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/ZAR extends losses ,eyes 16.400 level
FxWirePro- Major European Indices
FxWirePro:EUR/AUD eases but bullish outlook persists
FxWirePro: AUD/USD edges higher ahead of RBA meeting minutes
FxWirePro: NZD/USD maintains bullish bias with focus on 0.5900
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
FxWirePro: USD/CAD slips as oil rally boosts loonie
FxWirePro-Major European Indices
FxWirePro- Major US Indices
FxWirePro: GBP/AUD loses momentum but bullish setup remains
FxWirePro: GBP/AUD moves lower on weak UK data 



