- USD/SGD is currently trading around 1.3460 marks.
- It made intraday high at 1.3478 and low at 1.3455 levels.
- Intraday bias remains slightly bearish till the time pair holds key resistance at 1.3500 mark.
- A daily close above 1.3464 will test key resistances at 1.3497, 1.3538, 1.3622, 1.3788, 1.3822, 1.3949, 1.4046, 1.4095, 1.4128, 1.4219 and 1.4310 levels respectively.
- Alternatively, a consistent close below 1.3464 will drag the parity down towards key supports at 1.3418/1.3346/1.3217/1.3164/1.3005 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 1.3450, stop loss 1.3500 and target of 1.3418/1.3346.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


Major Pair Currency Score: NZD/USD and AUD/USD Lead Forex Rally with Perfect 100 Scores
FxWirePro: USD/CNY slips as strong China exports data Lift yuan
AUDJPY Bears Hold the Line: Sell Rallies at 111.40 as Negative Bias Targets Sharp Drop to 108
FxWirePro: USD/JPY holds tight range ahead of key U.S. payrolls data
FxWirePro- Major Pair levels and bias summary
EUR/USD Rockets Past 1.1560 as Soft U.S. Jobs Data Fuel Fed Rate-Cut Surge
FxWirePro: GBP/AUD eases slightly, focus on near-term support
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR gains some ground, but downtrend remains
EURUSD Bulls Charge Higher: Buy Dips at 1.1528 as EMA Alignment Eyes Break Above 1.1560
Gold Hits 6-Week High: Buy Dips at $4220 as Bullish Momentum Eyes $4400 Breakout
FxWirePro: NZD/USD retreats as Middle East instability weighs
FxWirePro: EUR/ AUD neutral in the near term, scope further downside
FxWirePro- Woodies pivot (Major)
Bitcoin Reclaims $65,000 as Easing Geopolitical Tensions Fuel Risk-On Rally 



