- USD/SGD is currently trading around 1.3986 marks.
- It made intraday high at 1.3987 and low at 1.3968 levels.
- Intraday bias remains neutral for the moment.
- A daily close above 1.3981 will test key resistances at 1.3987, 1.4028, 1.4064, 1.4090, 1.4160, 1.4219, 1.4266, 1.4327, 1.4409, 1.4506, 1.4568, 1.4686 and 1.4851 levels respectively.
- Alternatively, a consistent close below 1.3981 will drag the parity down towards key supports at 1.3930/1.3908/1.3851/1.3775/1.3704/1.3646 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart. Current upside movement is short term trend correction only.
Positioning is inconclusive at this point, with prices offering no clear cut signal to initiate a long or short trade. We will continue to remain on sidelines for the time being.


FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows
FxWirePro:NZD/USD uptrend loses momentum but bullish setup remains
FxWirePro: EUR/AUD under pressure as key support gives way
FxWirePro: USD/CAD extends decline on broad dollar weakness
FxWirePro- Major Crypto levels and bias summary
Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone
Bitcoin’s Islamabad Watch: BTCUSD Consolidates Near 71,421 USD as Geopolitical Peace Talks Loom
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD recovers slightly but bearish outlook persists
FxWirePro: USD/ZAR recovers slightly but trend is still bearish
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off
Ethereum Consolidates: Bullish Technicals Point to a Potential $3,000 Breakout
FxWirePro: GBP/USD biased higher but rally currently stretched
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom 



