Thursday, October 15, 2026

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FxWirePro: USD/SGD finds support above 1.37, intraday bias remains slightly bullish

USD/SGD is currently trading around 1.3705 marks. It made intraday high at 1.3706 and low at 1.3691 levels. Intraday bias remains bullish for the moment but upside is limited. A sustained close above 1.3728 tests key res…

By Cynthia Firey Eakin
1 min read
FxWirePro: USD/SGD finds support above 1.37, intraday bias remains slightly bullish
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  • USD/SGD is currently trading around 1.3705 marks.
     
  • It made intraday high at 1.3706 and low at 1.3691 levels.
     
  • Intraday bias remains bullish for the moment but upside is limited.
     
  • A sustained close above 1.3728 tests key resistances at 1. 3772/ 1.3817/ 1.3842 marks respectively.
     
  • On the other side, reversal from key resistance will turn the bias bearish again and drag the parity down towards 1.3628/1.3481/1.3440/ 1.3404 levels.
     
  • Important to note here that overall trend remains bearish as 20D, 30D and 55D EMA heads down and confirms bearish trend.

We prefer to take long position in USD/SGD only above 1.3728, stop loss 1.3628 and target 1.3817 levels.

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By FxWirePro Team