USD/SGD: Two-way trade with sell-on-rally bias – OCBC
Ni FXStreet Insights Team
Na-update: 4 May 2026
Sikat na Artikulo
OCBC strategists Sim Moh Siong and Christopher Wong report that USD/SGD fell into the New York close, helped by a sharp Brent decline and a pullback in USD/JPY, easing immediate inflation and yield concerns.
OCBC strategists Sim Moh Siong and Christopher Wong report that USD/SGD fell into the New York close, helped by a sharp Brent decline and a pullback in USD/JPY, easing immediate inflation and yield concerns. They stress that the move looks more like relief than reversal, keeps a bias to sell rallies, and highlight support at 1.2720/1.2680 and resistance around 1.2760/1.2770 and 1.2850.
Relief-driven dip but not full reversal
"USD/SGD fell into Fri NY close, consistent with our call to sell rallies."
"Nevertheless, the move lower should be seen more as a relief than a full reversal."
"Geopolitical headlines remain fluid, and any renewed spike in oil price could quickly revive concerns over inflation, growth and broader risk sentiment."
"Markets are expected to keep a close eye on US-Iran developments (for implications on oil prices and sentiment) and if USD/JPY’s decline has more room to run."
"Pair was last at 1.2730 levels. Daily momentum and RSI indicators are not showing a clear bias for now. 2-way trades likely in the interim; bias remains to sell rallies"
(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor.)
Higit sa isang milyong user ang umaasa sa FXStreet para sa real-time market data, charting tools, expert insights, at Forex news. Ang komprehensibong economic calendar at educational webinars nito ay tumutulong sa mga trader na manatiling may alam at gumawa ng kalkuladong mga desisyon. Sinusuportahan ang FXStreet ng humigit-kumulang 60 propesyonal sa pagitan ng Barcelona HQ at iba’t ibang rehiyon sa buong mundo.
Magbasa pa
