Continuum Economics
  • Search
  • About Us
  • Buy
  • Invite A Friend
  • My Basket
  • Articles
  • Calendar
  • Forecasts
  • Events
  • Data
  • Newsletters
  • My Alerts
  • Community
  • Directory
  • About Us
  • Buy
  • Invite A Friend
  • My Basket
  • Articles
    • All
    • Thematic
    • Tactical
    • Asia
    • EMEA
    • Americas
    • Newsletters
    • Freemium
    • Editor's Choice
    • Most Viewed
    • Most Shared
    • Most Liked
  • Calendar
    • Interactive
      • China
      • United States
      • Eurozone
      • United Kingdom
    • Month Ahead
    • Reviews
    • Previews
  • Forecasts
    • Forecasts
    • Key Views
  • Events
    • Media
    • Conference Calls
  • Data
    • Country Insights
    • Shadow Credit Ratings
    • Full CI Data Download
  • Newsletters
  • My Alerts
  • Community
    • FX
    • Fixed Income
    • Macro Strategy
    • Credit Markets
    • Equities
    • Commodities
    • Precious Metals
    • Renewables
  • Directory
  • My Account
  • Notifications Setup
  • Account Details
  • Recent Devices
  • Distribution Lists
  • Shared Free Trials
  • Saved Articles
  • Shared Alerts
  • My Posts
Published: 2025-07-04T02:44:20.000Z

Chart USD/SGD Update: Limited on bounce attempt from 1.2700 low

byPakLai Ng

Technical Analyst
-

Edging higher in consolidation from the 1.2700 low as prices unwind the oversold daily studies

 Level Comment Level Comment
R41.2940**Jun high                  S11.2700**1 Jul YTD low
R31.2860*5 May lowS21.2676*Oct 2014 low
R21.2800*26 May lowS31.2600*congestion
R11.2763*12 Jun lowS41.2550*congestion, Aug 2014 high

Asterisk denotes strength of level

02:35 GMT - Edging higher in consolidation from the 1.2700 low as prices unwind the oversold daily studies. Resistance is at the 1.2763/1.2800 previous lows and congestion area. Would take break here to fade the downside pressure and see room for stronger corrective bounce to retrace losses from the 1.3550, April high. Break will open up room to the 1.2860/1.2900 congestion and 1.2940, June high. Meanwhile, support at the 1.2700 level should underpin. Break here will further extend losses from the multi-year top pattern at 1.4646, 2020 year high.

Continue to read the article for free
Login

or

or

Topics
USD/SGD-TA
EM-Technical
Technical Analysis

GENERAL

  • Home
  • About Us
  • Our Team
  • Careers

LEGAL

  • Terms and Conditions
  • Privacy Policy
  • Compliance
  • GDPR

GET IN TOUCH

  • Contact Us
Continuum Economics
The Technical Analyst Awards Winner 2021
The Technical Analyst Awards Finalist 2020
image