USD/SGD: Tracking USD movements – OCBC
Source Fxstreet
USD/SGD fell, tracking broader moves in the USD. USD/SGD fell; last seen trading at 1.3428, OCBC's FX analysts Frances Cheung and Christopher Wong note.
Consolidation likely with some rebound risks
"In the interim, no immediate tariff is supportive of risk sentiments while also taming USD bulls. But tariff concerns remain, and this could still keep risk appetite restrained, thereby implying that USD dips may still find support."
"Daily momentum remains bearish while RSI shows signs of turning higher from near oversold conditions. Consolidation likely with some rebound risks. Resistance at 1.3520/40 levels (50 DMA, 23.6% fibo retracement of Sep low to Jan high), 1.3630 (21 DMA)."
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
Since 2026, gold has erased almost all of its gains and has fallen more than 20% from its record high of $5,595 set at the end of January. Has gold bottomed out? Is now the time to add to
West Texas Intermediate (WTI) oil price inches higher after registering 3.7% losses in the previous day, trading around $80.10 per barrel during the Asian hours on Tuesday.
Bitcoin prices surge past $65,000 as U.S. and Iran reach a new agreement, with the $70,000 mark in sight this week.On June 15, Bitcoin ( BTC) continued its rebound, decisively breaking th
Gold Rallies for Third Straight Day. Trump Says US-Iran Deal Will Be Reached, Can Gold Prices Return Above $4,500? As of the Asian session today (June 15), driven by significant progress in US-Iran negotiations, gold prices today ( XAUUSD) gapped higher at the open, with intraday gains exceeding 2%; m
As of the Asian session today (June 15), driven by significant progress in US-Iran negotiations, gold prices today ( XAUUSD) gapped higher at the open, with intraday gains exceeding 2%; m
Gold rises to weekly high as US, Iran reach peace dealGold price (XAU/USD) rises to a weekly high during the Asian trading hours on Monday. The precious metal rebounds after the United States (US) and Iran had reached a deal to end their conflict, easing concerns about inflation and higher interest rates.
Gold price (XAU/USD) rises to a weekly high during the Asian trading hours on Monday. The precious metal rebounds after the United States (US) and Iran had reached a deal to end their conflict, easing concerns about inflation and higher interest rates.
Related Instrument
