- USD/SGD is currently trading around 1.3854 marks.
- It made intraday high at 1.3858 and low at 1.3845 levels.
- Intraday bias remains bullish till the time pair holds key support at 1.3790 mark.
- A daily close above 1.3848 will test key resistances at 1.3878, 1.3913, 1.3945, 1.3984 and 1.4012 marks respectively.
- Alternatively, a consistent close below 1.3848 will drag the parity down towards key supports at 1.3790, 1.3738, 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 will release manufacturing PMI data around 1300 GMT.
We prefer to take long position on USD/SGD around 1.3850, stop loss at 1.3820 and target of 1.3913.


FxWirePro: AUD/ USD strongly bearish despite upside attempts
CAD/JPY Breaks Down: Loonie Weakness and BOC Patience Set Bears’ Sights on 110
FxWirePro- Woodies pivot (Major)
FxWirePro- Major European Indices
Relief Rally Extends to 112.75, but AUDJPY EMA Structure Favors Selling
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/ZAR edges higher, set to stay on back foot
FxWirePro: USD/JPY gains above 160 level ahead of BOJ policy meeting
FxWirePro: GBP/NZD stuck in range but outlook is bullish
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
BTC’s Bear Bounce: Sell the Rally Near $66K as Bears Target $59K–$52K Breakdown
Dollar Roars Back: USDCHF Buy-the-Dip Setup Eyes 0.8150 as Inflation Shock Kills Rate-Cut Bets
FxWirePro: GBP/USD weakens as escalating Middle East tensions weighs on sterling
ECB Hikes, Euro Dives: EURUSD Bears Reload for a Run to 1.1400 



