Forex - Singapore Flows: USD/SGD in sideways trading; HDB: More rental tenants becoming home owners


Published at 23:54 (GMT) 22 Feb

  

Chart AUD/USD Update: Pressuring the upside, focus on the .7851/76 resistance (GAPC8001)

23 Feb AUD/USD Daily

Pressuring the upside with focus on the .7851/76 resistance following bounce from the .7743 and .7757 lows last week. Clearance will trigger a double bottom at the .7644/26 lows and see stronger corrective bounce. Support now at .7810/00 area and .7780. [P.L]

R5:: .7980 intraday level R4: .7940 intraday level
R3: .7907 29 Jan high
R2: .7876 * 6 Feb high
R1: .7851 * 3 Feb high

S1: .7810 intraday level
S2: .7780 intraday level
S3: .7757/43 * 19, 17 Feb lows
S4: .7720 29 Jan low

Recommended Content


Recommended Content

Editors’ Picks

AUD/USD holds steadily as traders anticipate Australian Retail Sales, Fed’s decision

AUD/USD holds steadily as traders anticipate Australian Retail Sales, Fed’s decision

The Aussie Dollar registered solid gains against the US Dollar on Monday, edged up by 0.55% on an improvement in risk appetite, while the Greenback was crushed by Japanese authorities' intervention. As Tuesday’s Asian session begins, the AUD/USD trades at 0.6564.

AUD/USD News

EUR/USD finds support near 1.0720 after slow grind on Monday

EUR/USD finds support near 1.0720 after slow grind on Monday

EUR/USD jostled on Monday, settling near 1.0720 after churning in a tight but lopsided range as markets settled in for the wait US Fed outing. Investors broadly expect US rates to hold steady this week, but traders will look for an uptick in Fed guidance for when rate cuts could be coming.

EUR/USD News

Gold prices soften as traders gear up for Fed monetary policy decision

Gold prices soften as traders gear up for Fed monetary policy decision

Gold price snaps two days of gains, yet it remains within familiar levels, with traders bracing for the US Fed's monetary policy decision on May 1. The XAU/USD retreats below the daily open and trades at $2,334, down 0.11%, courtesy of an improvement in risk appetite. 

Gold News

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Relief wave on altcoins likely as BTC shows a $5,000 range

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Relief wave on altcoins likely as BTC shows a $5,000 range

Bitcoin price has recorded lower highs over the past seven days, with a similar outlook witnessed among altcoins. Meanwhile, while altcoins display a rather disturbing outlook amid a broader market bleed, there could be some relief soon as fundamentals show.

Read more

Gearing up for a busy week: It typically doesn’t get any bigger than this

Gearing up for a busy week: It typically doesn’t get any bigger than this

Attention this week is fixated on the Federal Reserve's policy announcement scheduled for Wednesday. While the US central bank is widely expected to remain on hold, traders will be eager to discern any signals from the Fed regarding the possibility of future interest-rate cuts.

Read more

Majors

Cryptocurrencies

Signatures