Trade The World
USD/SGD: Consolidation on the daily chart – OCBC
Por FXStreet Insights Team
Data de Publicação: 12 Nov 2025 | Data de Modificação: 12 Nov 2025
POPULAR ARTICLES
USD/SGD continued to trade subdued in absence of fresh catalyst. Pair continues to hold around 1.3030 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
USD/SGD continued to trade subdued in absence of fresh catalyst. Pair continues to hold around 1.3030 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
Daily momentum is flat
"Price pattern last week flagged the risk of a bull trap though it remains early to concur especially when price action this week has been lackluster. Weekly technical shows a gravestone doji, typically associated with a bearish reversal."
"On daily chart, daily momentum is flat but RSI showed tentative signs of turning higher. 2-way risks likely. Resistance at 1.31 levels (38.2% fibo, near recent highs). Support at 1.30 (21 DMA), 1.2950 (23.6% fibo retracement of 2025 high to low) and 1.2930 (50 DMA)."
"Looking on, we expect broader market narratives, including USD trend, moves in RMB, JPY and risk sentiments, etc. to influence the pair more as MAS policy takes a back seat for now. S$NEER was last at 1.15% above model implied mid."
FXStreet
Mais de um milhão de usuários confiam na FXStreet para dados de mercado em tempo real, ferramentas de gráficos, insights de especialistas e notícias de Forex. Seu calendário econômico abrangente e webinars educacionais ajudam os traders a se manterem informados e tomarem decisões calculadas. A FXStreet conta com uma equipe de cerca de 60 profissionais, divididos entre a sede em Barcelona e diversas regiões globais.
Read More
