- USD/SGD is currently trading around 1.3938 marks.
- It made intraday high at 1.3991 and low at 1.3994 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 1.4000 marks.
- A daily close above 1.3951 will test key resistances at 1.40, 1.4077, 1.4160, 1.4219, 1.4266, 1.4327, 1.4409, 1.4506, 1.4568, 1.4686 and 1.4851 levels respectively.
- Alternatively, a consistent close below 1.3951 will drag the parity down towards key supports at 1.3908/1.3851/1.3775/1.3704/1.3646 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 1.3950, stop loss 1.4001 and target of 1.3908/1.3851.


FxWirePro: USD/CAD dips below lower range, bearish bias increases
USD/CHF Bears in Control: Dips Below 0.7870 Signal More Downside Ahead
CAD/JPY Holds Positive Bias Despite Canada’s Sharp GDP Contraction: Buy Dips Toward 116 Target
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CNY hits 15-month low , scope for further downside
NZDJPY: Sell the Rallies as Bears Guard 92 and Range Trade Persists
Pound Strike Forces EURGBP Retreat – Next Stop 0.8660?
ETHUSD Dip: Prime Buy Zone to $3600 Targets
GBP/JPY Stuck in Holiday Neutral: Range-Bound at 210 Ahead of Christmas
AUDJPY Bulls in Control: Buy the Dips Above 103.80 for a Run Towards 106
FxWirePro- Woodies Pivot(Major)
0.7870 Break Looms – Next Stop 0.7800 for USDCHF?
FxWirePro: USD/ZAR down trend loses steam, remains on bearish path
FxWirePro: USD/CAD outlook weaker on renewed downside pressure
FxWirePro: EUR/NZD downside pressure builds, key support level in focus 



