- USD/SGD is currently trading around 1.3263 marks.
- It made intraday high at 1.3293 and low at 1.3254 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 1.3342 mark.
- A daily close above 1.3277 will test key resistances at 1.3340, 1.3438 and 1.3532 levels respectively.
- Alternatively, a consistent close below 1.3277 will drag the parity down towards key support at 1.3234/1.3168/1.3080/1.3005/1.2855/1.2754 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
We prefer to take short position in USD/SGD around 1.3270, stop loss 1.3340 and target of 1.3168.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


Crypto Action Bias: BNB/USD Leads Bullish Momentum as Major Pairs Neutralize
FxWirePro: USD/ZAR faces downside pressure with 38.2%fib support in focus
FxWirePro: USD/CAD eases slightly but trend is still bullish
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro : EUR/NZD gains upside momentum but still bearish
FxWirePro: GBP/USD supported by UK services recovery and dollar weakness
FxWirePro: EUR/AUD gains slightly, but downward resumption looks likely
FxWirePro: GBP/AUD under pressure as the pair continues to weaken
AUDJPY Momentum Fades at 111: Sell Rallies to 108 as Bearish EMAs Dominate
EUR/USD Retraces After 1.1555 Peak: Technical Levels Point to 1.1600
FxWirePro: GBP/NZD downtrend extends, remains on bearish path
FxWirePro: GBP/USD edges higher as markets track U.S.-Iran talks and oil moves
FxWirePro: NZD/USD eases as NZ unemployment surges in Q2
Major Pair Currency Scores: GBPUSD, USDCAD, AUDUSD & NZDUSD Lead as Top Bullish Pairs to Watch
Bitcoin Bulls Hold Key EMAs Above $64,000—Is a Rally Toward $70,000 Next?
FxWirePro : EUR/NZD outlook weaker on renewed downside pressure 



