- USD/SGD is currently trading around 1.3472 marks.
- It made intraday high at 1.3488 and low at 1.3447 levels.
- Intraday bias remains neutral till the time pair holds key resistance at 1.3496 marks.
- A daily close below 1.3420 will drag the parity down towards key supports at 1.3357 (April 20, 2016 low)/1.3318/1.3302/ 1.3271 levels.
- Alternatively, a sustained close above 1.3480 will tests key resistances at 1.3538, 1.3646, 1.3799, 1.3836, 1.3851(March 16, 2016 high), 1.4073 (20D EMA) and 1.4132(20D, 30D and 55D EMA crossover).
- Important to note here that, 20D, 30D and 55D EMA heads down and confirm the bearish trend. Current upside movement is short term trend correction only.
- Singapore’s June non-oil domestic exports -2.3 pct y/y (Reuter’s poll -3.0 pct).
- Singapore’s June non-oil domestic exports -12.9 pct m/m seasonally adjusted (Reuter’s poll -10.3 pct).
- Singapore’s June domestic exports of electronics -1.7 pct y/y.
We prefer to take short position in USD/SGD around 1.3480, stop loss 1.3496 and target 1.3420/ 1.3369 marks.


EURUSD Flat Amid Middle East Tension – Bullish Dip Buy Eyes 1.1660
FxWirePro- Woodies pivot (Major)
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Pair levels and bias summary
EURGBP Weakens After Doji – Bearish Bias Intact Below 0.8600, Sell Rallies
FxWirePro: USD/JPY advances as traders test Japan's intervention resolve
Major Pair Currency Score: NZD/USD and AUD/USD Lead Forex Rally with Perfect 100 Scores
FxWirePro: GBP/AUD under pressure after disappointing U.S. employment data
FxWirePro: GBP/NZD gains some upside momentum, but outlook is bearish
Currency Score Major Pair: Extremely Bullish GBPUSD, AUDUSD & NZDUSD – Key Levels to Watch
FxWirePro: AUD/USD eases as investors switch focus to RBA
NZDJPY Bullish Above 93 as Yen Stumbles – Buy Signal Triggers at 93.50
FxWirePro: GBP/USD rises as weak U.S. jobs data pressures dollar
AUDJPY Rebounds on Yen Weakness – Bullish Buy Setup Above 112 Targets 115
FxWirePro : USD/CAD falls as strong Canadian jobs data lifts loonie
FxWirePro: EUR/AUD slips after surprise U.S. employment data
FxWirePro: GBP/AUD edges higher but bulls lack punch 



