- USD/SGD is currently trading around 1.3512 marks.
- It made intraday high at 1.3529 and low at 1.3507 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 1.3550 mark.
- A daily close above 1.3550 will test key resistances at 1.3580, 1.3602, 1.3652, 1.3715, 1.3768, 1.3822 and 1.3949 levels respectively.
- Alternatively, a consistent close below 1.3510 will drag the parity down towards key support at 1.3479/1.3452/1.3432/1.3396/1.3346/1.3217/1.3164/1.3005 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- Singapore Q3 final unemployment rate 2.2 pct vs advance estimate of 2.1 pct.
- Singapore Q3 total employment -2,300.
We prefer to take short position in USD/SGD only below 1.3500, stop loss 1.3550 and target of 1.3452.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD gains slightly, but downward resumption looks likely
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/CNY edges lower, scope for further downside
NZDJPY Bears Ready to Strike: Sell Rallies at 93 as EMAs Signal Deeper Slide to 90
EURUSD Bulls Charge Higher: Buy Dips at 1.1528 as EMA Alignment Eyes Break Above 1.1560
FxWirePro: USD/CAD eases slightly but trend is still bullish
FxWirePro: USD/ZAR gains some ground, but downtrend remains
FxWirePro: GBP/AUD edges lower, bearish outlook persists
FxWirePro: EUR/ AUD neutral in the near term, scope further downside
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD supported by UK services recovery and dollar weakness
FxWirePro: GBP/USD eases as dollar firms ahead of U.S. June non-farm payrolls report
FxWirePro : EUR/NZD gains upside momentum but still bearish
AUDJPY Bears Hold the Line: Sell Rallies at 111.40 as Negative Bias Targets Sharp Drop to 108
Gold Hits 6-Week High: Buy Dips at $4220 as Bullish Momentum Eyes $4400 Breakout 



