- USD/SGD is currently trading around 1.3691 marks.
- It made intraday high at 1.3715 and low at 1.3689 levels.
- Intraday bias remains neutral for the moment.
- A daily close above 1.3705 will test key resistances at 1.3738, 1.3760, 1.3813, 1.3854 and 1.3945 marks respectively.
- Alternatively, a consistent close below 1.3696 will drag the parity down towards key supports at 1.3670, 1.3640, 1.3590, 1.3550, 1.3512 and 1.3454 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart. Current downside movement is short term trend correction only.
We prefer to take short position on USD/SGD only below 1.3687, stop loss at 1.3720 and target of 1.3670/1.3640.


Aussie Bulls Charge: AUD/JPY Rallies as Geopolitical Clouds Part
Bitcoin's Tug-of-War: Bulls Eye 80,000 USD Despite Turbulent ETF Outflows
FxWirePro: EUR/AUD falls below 1.6600 level, plunge to test a key fibo grows
FxWirePro: USD/ZAR continues to recovers , upside pressure builds
NZD/JPY Rockets as Kiwi Dollar Resilience Defies the Oil Shock
Bitcoin Breaks the $70,000 Barrier: Bulls Target the $80,000 Horizon as Geopolitical Relief Ignites Crypto Markets
FxWirePro: USD/CNY drifts lower, vulnerable to more downside
FxWirePro: EUR/ NZD downside pressure builds, key support level in focus
FxWirePro:NZD/USD jumps as RBNZ warns of higher OCR potential
NZDJPY Bearish Breakdown: Why Selling the Rallies is the Strategic Play
FxWirePro: GBP/USD stuck in range but maintains bearish bias
FxWirePro- Woodies Pivot(Major)
FxWirePro: AUD/USD slips amid wavering risk sentiment
FxWirePro: GBP/NZD reverses course, bias back to downside
Ethereum Braces for Volatility: Technicals Turn Bearish as Geopolitical Tensions Loom
GBPJPY Surges to 211.88: Sterling Bulls Target 215 Amid Broad-Based Buying 



