FxWirePro- Major European Indices 
FxWirePro: GBP/AUD gains some upside momentum but still bearish 
FxWirePro: USD/CAD recovers slightly but bearish outlook persists 
FxWirePro:NZD/USD uptrend loses momentum but bullish setup remains 
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off 
FxWirePro: AUD/USD retreats slightly but trend is still bullish 
FxWirePro: USD/ZAR edges lower ,investors remain on edge 
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level 
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom 
FxWirePro: USD/ZAR recovers slightly but trend is still bearish 
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path 
FxWirePro: USD/JPY holding bid into weekend 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: GBP/USD biased higher but rally currently stretched 
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows 
- USD/SGD is currently trading around 1.3777 marks.
- It made intraday high at 1.3782 and low at 1.3762 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 1.3822 marks.
- A daily close above 1.3775 will test key resistances at 1.3822, 1.3949, 1.4046, 1.4095, 1.4128, 1.4219, 1.4266, 1.4327, 1.4409 and 1.4506 levels respectively.
- Alternatively, a consistent close below 1.3775 will drag the parity down towards key supports at 1.3757/1.3708/1.3631 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- Yesterday Singapore released retail sales data.
- Singapore May total retail sales -1.0 pct m/m.
- Singapore May total retail sales +0.9 pct y/y.
We prefer to take short position in USD/SGD around 1.3780, stop loss at 1.3820 and target of 1.3708.
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