- USD/SGD is currently trading around 1.4237 marks.
- It made intraday high at 1.4278 and low at 1.4213 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 1.4290 mark.
- A daily close above 1.4290 will test key resistances at 1.4326, 1.4360, 1.4542, 1.4606, 1.47, 1.4762, 1.4818 and 1.4850 marks respectively.
- Alternatively, a consistent close below 1.4236 will drag the parity down towards key supports at 1.4182, 1.4150, 1.4097, 1.4062, 1.3938 and 1.3870 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
- Singapore’s non – oil export m/m data stands at 12.8 pct vs -4.7 pct previous (expected -3.8 pct).
- Singapore’s trade balance stands at 3.180B vs 1.090B previous release.
We prefer to take short position on USD/SGD around 1.4240, stop loss at 1.4280 and target of 1.4150.


FxWirePro: GBP/NZD range to extend until there is game changing news
FxWirePro: USD/ZAR sustains gains as uptrend remains strong
FxWirePro- Woodies Pivot(Major)
Kiwi Under Pressure: NZDJPY Signals Bearish Turn as Resistance at 92.00 Holds Firm
FxWirePro: USD/JPY holds range near 160 as intervention risks loom
Ethereum Retreats Toward USD 2,000: Technicals Signal Caution as ETH Mimics Bitcoin’s Pullback
FxWirePro: EUR/AUD eases slightly but trend is still bullish
NZDJPY Bears Take Control: New Zealand Dollar Retreats as 92 Resistance Holds Firm
Bitcoin Resilience: BTC Reclaims USD 69,000 as Geopolitical Tensions Ease
FxWirePro: AUD/USD downside pressure builds, key support level in focus
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
Pound Under Pressure as Yen Stabilizes: GBPJPY Bears Target 208 as Key EMAs Hold Resistance
FxWirePro: GBP/USD outlook weaker on renewed downside pressure
FxWirePro: AUD/USD recovers slightly from early decline but bears are not done yet
FxWirePro: EUR/AUD gaining momentum for a move towards 1.6800 level 



