- USD/SGD is currently trading around 1.3815 marks.
- It made intraday high at 1.3818 and low at 1.3798 levels.
- Intraday bias remains neutral till the time pair holds key support at 1.3798 mark.
- A daily close above 1.3798 will test key resistances at 1.3874, 1.3949, 1.4046, 1.4095, 1.4128, 1.4219, 1.4266, 1.4327, 1.4409 and 1.4506 levels respectively.
- Alternatively, a consistent close below 1.3798 will drag the parity down towards key supports at 1.3757/1.3708/1.3631 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart. Current upside movement is short term trend correction only.
We prefer to take short position in USD/SGD only below 1.3798, stop loss at 1.3840 and target of 1.3757.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro- Major European Indices
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish
FxWirePro: USD/ZAR edges lower ,investors remain on edge
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/CAD recovers slightly but bearish outlook persists
FxWirePro: USD/ZAR recovers slightly but trend is still bearish
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom
FxWirePro:NZD/USD uptrend loses momentum but bullish setup remains
FxWirePro: GBP/USD biased higher but rally currently stretched 



