FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: EUR/AUD under pressure as key support gives way 
FxWirePro: AUD/USD retreats slightly but trend is still bullish 
FxWirePro: USD/JPY holding bid into weekend 
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FxWirePro: USD/ZAR recovers slightly but trend is still bearish 
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FxWirePro: GBP/AUD gains some upside momentum but still bearish 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish 
FxWirePro: GBP/USD biased higher but rally currently stretched 
FxWirePro: USD/CAD extends decline on broad dollar weakness 
FxWirePro- Woodies Pivot(Major) 
Ethereum Consolidates: Bullish Technicals Point to a Potential $3,000 Breakout 
- USD/SGD is currently trading around 1.3772 marks.
- It made intraday high at 1.3788 and low at 1.3750 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 1.3823 levels.
- A daily close below 1.3772 will drag the parity down towards key supports 1.3628 (55D EMA) /1.3548/1.3420 (April 13, 2016 low) /1.3357 (April 20, 2016 low) /1.3318/1.3302 levels.
- Alternatively, a sustained close above 1.3823 tests key resistances at 1.3851(March 16, 2016 high), 1.4073 (20D EMA) and 1.4132(20D, 30D and 55D EMA crossover).
- Today, Singapore will release Manufacturing output data at 0500 GMT. Market anticipates a fall of 0.8% m/m vs 1.0% m/m previous release.
We prefer to take short position in USD/SGD around 1.3780, stop loss 1.3823 and target 1.3628 marks.
