- USD/SGD is currently trading around 1.3727 marks.
- It made intraday high at 1.3749 and low at 1.3724 levels.
- Intraday bias remains slightly bearish for the moment.
- A daily close above 1.3737 will test key resistances at 1.3770, 1.3790, 1.3838, 1.3872, 1.3905, 1.3948 and 1.4050 levels respectively.
- Alternatively, a consistent close below 1.3737 will drag the parity down towards key supports at 1.3690/1.3668/1.3620/1.3570/1.3510 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- Singapore will release retail sales data at 0500 GMT.
We prefer to take short position on USD/SGD only below 1.3720, stop loss at 1.3750 and target of 1.3668.


FxWirePro: GBP/NZD gains some upside momentum but still bearish
FxWirePro: USD/CAD outlook weaker on renewed downside pressure
AUDJPY Range Play: Hold 102.95 Support, Target 105 on Breakout
FxWirePro: USD/JPY caught in narrow range, bias bearish
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption
FxWirePro- Major Pair levels and bias summary
Euro Refuses to Die: EUR/JPY Holds 182.50, Eyes 184 Breakout
FxWirePro: AUD/USD hovers near three –month high, scope for further upside
Bitcoin Yawns at Fed Cut – Coiled Tight at $92K: $90K Hold = Straight Shot to $100K
FxWirePro: USD/CAD recovers slightly but trend is still bearish
FxWirePro- Major European Indices
UK GDP Flops Again: GBPJPY Drops to 207.22 But Bulls Hold the Line – Buy the Dip to 210?
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/NZD shows upside momentum, but bearish outlook remains
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro: GBP/USD dips on UK GDP data miss 



