The USDSGD channel we have been reviewing this week is approaching trendline resistance as its appreciation is being defended by the 38.2% resistance for the moment. A break above the trendline ...
Reviewing the broken wedge we discussed yesterday we see the pair has broken higher on the USD bid and is now being guided higher by former trendline support which could continue its roll in this ...
usd/hkd might find some resistance at the 23.6% retracement level.
The August to September move for the USDSGD pair has seemingly found a bid at the 50% retracement lower. This is surely a technical level for the pair as USD weakness and the short-term equity bid has...
The USDSGD pair has remained inside the channel below, with a negative moving average outlook with the 4-21hr moving below 4-200hr. There remains a sufficient amount of room before trendline support ...
The USDSGD pair broke below the very short-term wedge we discussed yesterday, as the USD sold off of against most Asian growth currencies with a story by UK Guardian in regards to a possible agreement...
usd/sgd trading above downward channel if it continues to stay about it we might see usd/sgd trade higher.
The hourly wedge below shows a short-term consolidating USDSGD pair. The pair has sold off some in the Asian session, but the market remains quiet and in a relatively tight range awaiting any kind of ...
The USDSGD pair has been pushing higher since the end of the NY session, gaining a bid on the back off Moody’s downgrade of Spain’s debt turning the market toward a risk-off trade. The ...
The USDSGD pair continues to hold the channel as it received a mild bid during the NY session bouncing off the 4-200hr moving averages. The Singapore Dollar has continued to strengthen despite some ...