Sterling Crushed by Double-Contraction GDP – EURGBP Spikes, Next Stop 0.8850–0.8900 
FxWirePro- Major European Indices 
UK GDP Flops Again: GBPJPY Drops to 207.22 But Bulls Hold the Line – Buy the Dip to 210? 
FxWirePro: NZD/USD weakens as RBNZ quashes rate hike talk 
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FxWirePro- Major Crypto levels and bias summary 
NZD/JPY: Bearish Momentum Builds — Sell the Rallies Below 90.90 for a Slide Toward 88.00 
FxWirePro: GBP/USD steadies ahead key data, BoE event risk 
FxWirePro: GBP/AUD gives up early gains after UK GDP shock 
FxWirePro: USD/JPY slips as yen gains ahead of BOJ meet 
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption 
Bitcoin Yawns at Fed Cut – Coiled Tight at $92K: $90K Hold = Straight Shot to $100K 
FxWirePro: AUD/USD dips on soft China data 
FxWirePro: USD/ZAR attracts selling interest, could be on verge of a bigger drop 
FxWirePro- Woodies Pivot(Major) 
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Euro Refuses to Die: EUR/JPY Holds 182.50, Eyes 184 Breakout 
- USD/SGD is currently trading around 1.3432 marks.
- It made intraday high at 1.3437 and low at 1.3420 levels.
- Intraday bias remains neutral till the time pair holds key support at 1.3420 levels.
- A daily close below 1.3422(April 11, 2016 low) will drag the parity down towards key supports at 1.3357 (April 20, 2016 low) /1.3318/1.3302 levels.
- Alternatively, reversal from key support will test key resistances at 1.3493, 1.3622, 1.3799, 1.3836, 1.3851(March 16, 2016 high), 1.4073 (20D EMA) and 1.4132(20D, 30D and 55D EMA crossover).
- Important to note here that, 20D, 30D and 55D EMA heads down and confirm the bearish trend.
We prefer to take short position in USD/SGD only below 1.3420, stop loss 1.3493 and target 1.3357/ 1.3318 marks.
