• USD/SGD: To consolidate on the day – OCBC

Noticias del mercado

7 noviembre 2024

USD/SGD: To consolidate on the day – OCBC

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.”

Enfoque del mercado
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Abrir cuenta demo y página personal
Entiendo y acepto la Política de Privacidad y estoy de acuerdo con que mi nombre y datos de contacto sean procesados por TeleTrade y utilizados para contactarme en lo referente a: