USD/SGD: To consolidate on the day – OCBC
Source Fxstreet
USD/SGD rose, tracking the rise in broad USD, UST yields as Trump won elections. Pair was last at 1.3294 levels, OCBC’ FX analysts Frances Cheung and Christopher Wong note.
To consolidate for now
“Daily momentum is flat but rise in RSI moderated. We see consolidation for now. Resistance at 1.3350 (200 DMA). Support at 1.3290 (61.8% fibo retracement of Jun high to Oct low), 1.3190 (50% fibo), 1.31 (38.2% fibo).”
“S$NEER eased; last at 1.38% above model-implied mid.”
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
As one of the most traded currency pair in the forex markets, the price of EURUSD affects many traders. Check out our EURUSD long-term forecast for more information.
The price of copper is affected by various of factors. You may wonder how the price of cooper will be in 2023, check out our forecast analysis.
Natural Gas sinks to pivotal level as China’s demand slumpsNatural Gas price (XNG/USD) edges lower and sinks to $2.56 on Monday, extending its losing streak for the fifth day in a row. The move comes on the back of China cutting its Liquified Natural Gas (LNG) imports after prices rose above $3.0 in June. It
Natural Gas price (XNG/USD) edges lower and sinks to $2.56 on Monday, extending its losing streak for the fifth day in a row. The move comes on the back of China cutting its Liquified Natural Gas (LNG) imports after prices rose above $3.0 in June. It
Palantir Blasted to a New All-Time High Today. Is the Stock Still a Buy?After a week or so when investors were more focused on the stock's lofty valuation and concerns about the momentum of artificial intelligence (AI) adoption, Palantir Technologies (NYSE: PLTR) delivered a third-quarter report on Tuesday morning that helped the stock shake off its brief malaise and sent it sharply higher.
After a week or so when investors were more focused on the stock's lofty valuation and concerns about the momentum of artificial intelligence (AI) adoption, Palantir Technologies (NYSE: PLTR) delivered a third-quarter report on Tuesday morning that helped the stock shake off its brief malaise and sent it sharply higher.
Warren Buffett Is Giving 2 Massive Warnings to Investors. Should You Be Worried?In Berkshire Hathaway's (NYSE: BRK.A)(NYSE: BRK.B) third-quarter earnings report, there weren't any massive surprises about the company's businesses themselves. Insurance underwriting profits declined significantly, but with a particularly bad hurricane season, this wasn't too alarming.
In Berkshire Hathaway's (NYSE: BRK.A)(NYSE: BRK.B) third-quarter earnings report, there weren't any massive surprises about the company's businesses themselves. Insurance underwriting profits declined significantly, but with a particularly bad hurricane season, this wasn't too alarming.
Related Instrument
