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Published: 2026-01-30T02:02:17.000Z

Chart USD/SGD Update: Higher in consolidation from 1.2590/86 lows

1

Higher in range from the 1.2590/86 lows as prices consolidate sharp losses from the 1.2900 high

 Level Comment Level Comment
R41.2850*congestionS11.2586*28 Jan YTD low
R31.2790/00**6 Jan low, congestionS21.2550*congestion
R21.2750*congestionS31.2500*congestion
R11.2700**Jul 2025 year lowS41.2455/50*Apr/May 2014 lows

Asterisk denotes strength of level

02:00 GMT - Higher in range from the 1.2590/86 lows as prices consolidate sharp losses from the 1.2900 high. Bounce see prices unwinding oversold intraday and daily studies but gains are likely to remain limited with resistance starting at the 1.2700/12, 2025 year lows expected to cap. Above here, if seen, will open up room for stronger corrective bounce to 1.2750/1.2790 area. Lower high sought to pressure the downside later to retest the 1.2590/86 lows later and where break will extend the broader losses from the 2020 year high to support at the 1.2550/1.2500 area.

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Topics
USD/SGD-TA
EM-Technical
Technical Analysis

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