- USD/SGD is currently trading around 1.3980 marks.
- It made intraday high at 1.3988 and low at 1.3975 levels.
- Intraday bias remains neutral till the time pair holds key resistance at 1.3992 marks.
- A daily close above 1.3992 will test key resistances at 1.4027, 1.4077, 1.4160, 1.4219, 1.4266, 1.4327, 1.4409 and 1.4506 levels respectively.
- Alternatively, a consistent close below 1.3958 will drag the parity down towards key supports at 1.3930/1.3908/1.3851/1.3775/1.3704/1.3646 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
We prefer to go long on USD/SGD around 1.3970, stop loss 1.3945 and target of 1.4027/1.4077.


FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path
FxWirePro: EUR/AUD under pressure as key support gives way
FxWirePro: USD/ZAR recovers slightly but trend is still bearish
FxWirePro: GBP/USD biased higher but rally currently stretched
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: USD/JPY holding bid into weekend
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off
FxWirePro: USD/ZAR edges lower ,investors remain on edge
FxWirePro: GBP/USD bulls remain cautiously optimistic
Ethereum Consolidates: Bullish Technicals Point to a Potential $3,000 Breakout
FxWirePro: USD/CAD recovers slightly but bearish outlook persists
FxWirePro: AUD/USD retreats slightly but trend is still bullish
FxWirePro- Woodies Pivot(Major) 



