FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: USD/ZAR edges higher, set to stay on back foot 
Relief Rally Extends to 112.75, but AUDJPY EMA Structure Favors Selling 
Ethereum Cracks Under $1,700: Sell the Rally Near $1,750 as Bears Eye $1,380–$1,200 
FxWirePro: GBP/NZD stuck in range but outlook is bullish 
FxWirePro: USD/ZAR bears maintain upper hand 
Dollar Roars Back: USDCHF Buy-the-Dip Setup Eyes 0.8150 as Inflation Shock Kills Rate-Cut Bets 
CAD/JPY Breaks Down: Loonie Weakness and BOC Patience Set Bears’ Sights on 110 
FxWirePro- Major European Indices 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
GBPJPY Coil Tightens: Is a Bullish Break Above 215.60 Imminent? 
FxWirePro: EUR/ NZD uptrend loses steam, remains on bullish path 
FxWirePro- Woodies pivot (Major) 
ECB Hikes, Euro Dives: EURUSD Bears Reload for a Run to 1.1400 
- USD/SGD is currently trading around 1.3703 marks.
- It made intraday high at 1.3736 and low at 1.3677 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 1.3770 mark.
- A daily close above 1.3731 will test key resistances at 1.3770, 1.3790, 1.3827, 1.3913, 1.3945, 1.3984 and 1.4012 marks respectively.
- Alternatively, a consistent close below 1.3731 will drag the parity down towards key supports at 1.3667, 1.3622 and 1.3580 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
- Singapore GDP y/y stands at 0.1 pct vs 0.1 pct previous release (expected 0.2).
- Singapore GDP q/q stands at 0.6 pct vs -2.7 pct previous release (expected 1.5).
We prefer to take short position on USD/SGD around 1.3710, stop loss at 1.3740 and target of 1.3667/1.3622.
