- USD/SGD is currently trading around 1.3382 marks.
- It made intraday high at 1.3409 and low at 1.3373 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 1.3456 mark.
- A daily close above 1.3405 will test key resistances at 1.3456, 1.3482, 1.3532 and 1.3587 levels respectively.
- Alternatively, a consistent close below 1.3405 will drag the parity down towards key support at 1.3370/1.3311/1.3255/1.3218/1.3150/1.3076/1.3005 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart. Current downside movement is short term trend correction only.
- Singapore April non-oil exports m/m increase to 6.5 % (forecast -0.2 %) vs previous -2.2 % (revised from -1.8 %).
- Singapore April non-oil exports y/y increase to 11.8 % (forecast 5.4 %) vs previous -3.2 % (revised from -2.7 %).
We prefer to take short position on USD/SGD only below 1.3370, stop loss 1.3400 and target of 1.3310/1.3255.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invests


FxWirePro: USD/ZAR faces downside pressure with 38.2%fib support in focus
FxWirePro : EUR/NZD outlook weaker on renewed downside pressure
Major European Indices Trend Scores: DAX & CAC40 Hit Perfect 100, FTSE100 at 85 — All Bullish with Key Levels to Watch
AUDJPY Bounces 150 Pips on Short Covering — Sell Rallies at 111.40 Targeting 108 as Higher EMAs Stay Bearish
Currency Scores of Major Pairs: GBPUSD, AUDUSD & NZDUSD Top Charts at 85 — Bullish Pairs to Watch
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD downside pressure builds, key support level in focus
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
FxWirePro : USD/JPY slips as Yen firms on further Intervention talk
FxWirePro: USD/CNY edges higher, outlook bearish
NZDJPY Bears Stay in Control After Sell-Off — Sell Rallies at 93 Targeting 90 as All EMAs Align Bearish
FxWirePro: GBP/USD edges higher as markets track U.S.-Iran talks and oil moves
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD consolidating around 1.9185, bias is bearish
FxWirePro- Major Crypto levels and bias summary 



