- USD/SGD is currently trading around 1.3562 marks.
- It made intraday high at 1.3564 and low at 1.3554 levels.
- Intraday bias remains neutral till the time pair holds key support at 1.3545 mark.
- A daily close above 1.3545 will test key resistances at 1.3597, 1.3621, 1.3788, 1.3822, 1.3949, 1.4046, 1.4095, 1.4128, 1.4219 and 1.4310 levels respectively.
- Alternatively, a consistent close below 1.3545 will drag the parity down towards key supports at 1.3512/1.3435/1.3347 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 only below 1.3545, stop loss 1.3621 and target of 1.3435.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


NZDJPY: Sell the Rallies as Bears Guard 92 and Range Trade Persists
GBP/JPY Stuck in Holiday Neutral: Range-Bound at 210 Ahead of Christmas
FxWirePro: EUR/AUD attracts selling interest, vulnerable to more downside
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure
FxWirePro: AUD/USD bulls gain momentum heading into the year end
FxWirePro: USD/CNY hits 15-month low , scope for further downside
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
NZD/JPY Drifts Sideways: Mixed Signals Say “Stand Aside for Now”
USD/CHF Bears in Control: Dips Below 0.7870 Signal More Downside Ahead
AUDJPY Bulls in Control: Buy the Dips Above 103.80 for a Run Towards 106
EUR/GBP Holiday Slumber: Bearish Bias Intact Below 0.8800 Resistance
CAD/JPY Holds Positive Bias Despite Canada’s Sharp GDP Contraction: Buy Dips Toward 116 Target
FxWirePro: EUR/CAD extends fall, vulnerable to more downside
FxWirePro: USD/JPY bears maintain upper hand 



