- USD/SGD is currently trading around 1.3446 marks.
- It made intraday high at 1.3449 and low at 1.3420 levels.
- Intraday bias remains slightly bullish till the time pair holds key support at 1.3390 mark.
- A daily close above 1.3433 will test key resistances at 1.3482, 1.3532 and 1.3587 levels respectively.
- Alternatively, a consistent close below 1.3433 will drag the parity down towards key support at 1.3390/1.3350/1.3311/1.3255/1.3218 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
- Singapore Q1 GDP final yy increase to 4.4 % (forecast 4.3 %) vs previous 4.3 %.
- Singapore Q1 GDP final qq increase to 1.7 % (forecast 1.4 %) vs previous 1.4 %.
We prefer to take short position on USD/SGD around 1.3450, stop loss 1.3490 and target of 1.3390/1.3350.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invests


FxWirePro: NZD/USD eases as NZ unemployment surges in Q2
FxWirePro: GBP/AUD consolidating around 1.9185, bias is bearish
FxWirePro: NZD/USD turns lower as USD regains footing
FxWirePro: GBP/AUD under pressure as the pair continues to weaken
Chart of the Day: BTC Double Bottom Ignites — Buy Above $64,050 for $67K–$70K Blast-Off
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD downside pressure builds, key support level in focus
FxWirePro: USD/CNY edges higher, outlook bearish
EUR/USD Retraces After 1.1555 Peak: Technical Levels Point to 1.1600
FxWirePro: GBP/USD slips as dollar rebounds from six-week low
FxWirePro: USD/JPY gains capped as intervention fears keep traders on edge
Major European Indices Trend Scores: DAX & CAC40 Hit Perfect 100, FTSE100 at 85 — All Bullish with Key Levels to Watch
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD firms after upbeat consumer spending data
FxWirePro: GBP/NZD downtrend extends, remains on bearish path 



