FxWirePro: GBP/USD runs out of steam but maintains bullish outlook 
FxWirePro: USD/CNY hits 15-month low , scope for further downside 
FxWirePro: EUR/NZD downside pressure builds, key support level in focus 
FxWirePro: EUR/NZD set for bigger drop, but close below key fibo needed 
FxWirePro: EUR/CAD slips as firm oil price lift loonie despite soft GDP data 
FxWirePro: USD/CAD dips below lower range, bearish bias increases 
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/AUD tracks lower on firmer Australian dollar 
FxWirePro: EUR/AUD attracts selling interest, vulnerable to more downside 
FxWirePro: EUR/CAD extends fall, vulnerable to more downside 
USD/CHF Bears in Control: Dips Below 0.7870 Signal More Downside Ahead 
FxWirePro: EUR/AUD slips following RBA minutes , plunge to test a key fibo grows 
FxWirePro: USD/ZAR down trend loses steam, remains on bearish path 
FxWirePro: USD/JPY extends falls as Japanese yen extends rally after hawkish BoJ minutes 
- USD/SGD is currently trading around 1.3847 marks.
- It made intraday high at 1.3864 and low at 1.3843 levels.
- Intraday bias remains neutral for the moment.
- A daily close above 1.3845 will test key resistances at 1.3884, 1.3918, 1.3988, 1.4046, 1.4095, 1.4128, 1.4219, 1.4266, 1.4327, 1.4409 and 1.4506 levels respectively.
- Alternatively, a consistent close below 1.3845 will drag the parity down towards key supports at 1.3806/1.3776/1.3704/1.3631 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart. Current upside movement is short term trend correction only.
We prefer to take short position in USD/SGD only below 1.3808, stop loss 1.3884 and target of 1.3704.
