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FxWirePro: USD/ZAR bears maintain upper hand 
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FxWirePro: GBP/AUD dive post-CPI short-lived as traders prepare for BoE decision 
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FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption 
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GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/NZD steadies ahead of ECB meeting 
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- USD/SGD is currently trading around 1.3975 marks.
- It made intraday high at 1.3989 and low at 1.3975 levels.
- Intraday bias remains neutral till the time pair holds key support at 1.3950 marks.
- A daily close above 1.3992 will test key resistances at 1.4027, 1.4077, 1.4160, 1.4219, 1.4266, 1.4327, 1.4409 and 1.4506 levels respectively.
- Alternatively, a consistent close below 1.3950 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.
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.
