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FxWirePro- Major European Indices 
FxWirePro- Woodies Pivot(Major) 
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FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption 
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FxWirePro- Woodies Pivot(Major) 
FxWirePro: EUR/ NZD consolidating around 2.0200, room for further gains 
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FxWirePro: AUD/USD slips amid wavering risk sentiment 
- USD/SGD is currently trading around 1.4478 marks.
- It made intraday high at 1.4518 and low at 1.4468 levels.
- Intraday bias remains neutral till the time pair holds key resistance at 1.4505 marks.
- A daily close above 1.4505 will test key resistances at 1.4568, 1.4686 and 1.4851 levels respectively.
- Alternatively, a consistent close below 1.4468 will drag the parity down towards key supports at 1.4410/1.4357/1.4219/1.4150/1.4046/1.3972/1.3819/1.3775/1.3704/1.3646 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.
- Singapore Q4 GDP +9.1 pct qtr/qtr annualised and seasonally adjusted (poll +3.7 pct).
- Singapore Q4 GDP +1.8 pct yr/yr (poll +0.6 pct).
- Singapore Q4 manufacturing +14.6 pct qtr/qtr annualised and seasonally adjusted.
- Singapore Q4 services +9.4 pct qtr/qtr annualised and seasonally adjusted.
We prefer to go short on USD/SGD around 1.4485, stop loss at 1.4537 and target of 1.4410/1.4357.
