TAG: USD/SGD
Asia Day Ahead: MAS kept policy settings unchanged, USD/SGD on ascending wedge pattern
Asia Open The Asian session was met with a mixed open, with Nikkei +0.22%, ASX -0.32% and KOSPI -0.23% at the time of writing. Another round of upside in US Treasury yields and a firmer US dollar continue to keep risk sentiments across the region in check...
6 months ago
FX Watch: USD/SGD in near-term consolidation, USD/CAD eyeing Nov 2023 high
Round-up Further unwinding in big tech is the takeaway from Wall Street overnight, as sky-high earnings expectations are now put to the test with a series of tech heavyweight results up ahead. Microsoft’s after-market earnings provided an example of how s...
2 months ago
USD/SGD Analysis: Dynamic Bearish Trend Challenging Key Lower Values
The USD/SGD has now attained additional lows and is challenging values last seen in January of 2023, this as the currency pair shows long-term charts are within speculative sights.The USD/SGD is trading near the 1.30845 level as of this writing, which not...
1 month ago
FX Watch: USD/SGD back at Feb 2023 level, USD/JPY struggled at trendline resistance
All eyes on Fed Chair Jerome Powell at Jackson Hole The cool-off in the aftermath of a V-shaped recovery over the past weeks and some reservations leading up to the upcoming Federal Reserve (Fed) Chair Jerome Powell’s speech at Jackson Hole translated i...
1 month ago
USD/SGD Analysis: After Lows Seen a Slight Reversal and Fight Higher
The USD/SGD remains within the depths of long-term lows and financial institutions have begun to show some signs of looking for equilibrium as a slight reversal higher has emerged.The ability of the USD/SGD pair to touch a low of nearly 1.29980 early this...
1 month ago
USD/SGD Analysis: Reversal Higher Sets Speculative Opportunity Table
The USD/SGD has continued to show a short-term bullish track upwards after touching a low last Thursday that traded near the 1.30035 ratio.Having demonstrated the ability to stage a large bearish cycle from late June into last Thursday and achieving a low...
1 month ago
USD/SGD Analysis: Price Velocity Amidst Fast Reversals as Lows Tested
The USD/SGD is sustaining long-term lows and as technical values continue to be tested that have not been seen since 2014 price velocity and fast trading persists.When the U.S jobs numbers were reported last Friday the USD/SGD fell to a low of nearly 1.29...
1 month ago
USD/SGD Analysis: Long-Term Values Challenged Now with Bears Roaring
Speculators of the USD/SGD who have been betting on reversals higher in the currency pair based on the notion that selling is overdone are likely paying a heavy penalty for trying to look for bullishness.The USD/SGD is now challenging values it last trave...
4 weeks ago