- USD/SGD is currently trading around 1.3796 marks.
- It made intraday high at 1.3818 and low at 1.3794 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 1.3830 mark.
- A daily close above 1.3800 will test key resistances at 1.3830, 1.3868, 1.3918, 1.3988, 1.4046, 1.4095, 1.4128, 1.4219, 1.4266, 1.4327, 1.4409 and 1.4506 levels respectively.
- Alternatively, a consistent close below 1.3800 will drag the parity down towards key supports at 1.3776/1.3704/1.3631 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
We prefer to take short position in USD/SGD around 1.3800, stop loss 1.3830 and target of 1.3704.


FxWirePro: GBP/USD gains as UK manufacturing PMI beats expectations
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data
FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level
FxWirePro- Major European Indices
EUR/USD Surges Past 1.1765 on Dismal US Jobs Data: Bullish Momentum Builds with Eyes on 1.1900
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
ETHUSD Dips Below $3000 on BOJ Rate Hike Fears: Buy the Dip at $2700, Targeting $4000?
FxWirePro: EUR/NZD advances as kiwi weakness after RBNZ's Breman comments
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/NZD edges lower but bullish outlook persists
FxWirePro: USD/CAD pauses decline,critical support lies ahead
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level
UK Economy Accelerates, But GBP/JPY Stays Capped – Sell Toward 206 



