USD/SGD extended its bull run, tracking moves in broad USD. Pair was last at 1.3475 levels, OCBC’s FX analysts Frances Cheung and Christopher Wong note.
Risk skewed to the upside
“Trend is your friend and trump trade is the trend for now. Risks remain skewed to the upside. Daily momentum is mild bullish while RSI rose. Risk skewed to the upside.”
“Resistance at 1.3520 levels. Support at 1.3340 (200 DMA), 1.3290 (61.8% fibo retracement of Jun high to Oct low). S$NEER was last at 1.25% above model-implied mid.”
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Related Articles
Why Does Hyperliquid Keep Hitting New Highs? Can HYPE Continue Its Rally?
Hyperliquid is a decentralized derivatives trading platform launched in 2023, designed to deliver high-performance, low-latency, permissionless trading. Its mission is to offer a self-custodied and transparent experience that rivals, or even surpasses, centralized exchanges (CEXs) — earning it the nTradingKey
Fri, Sep 12
Oracle Q1 FY2026 Earnings: Cloud Surge and Record RPO Fuel AI Optimism
TradingKey - Oracle Corporation (NYSE: ORCL) posted mixed Q1 FY2026 results, with total revenue and adjusted EPS slightly below consensus amid a shift to cloud services, but cloud revenue beat expectations with robust 28% growth. A massive RPO backlog of $455 billion, up 359% YoYTradingKey
Wed, Sep 10
U.S. August CPI Preview: Persistent Rise in Inflation, What Impact on Rate Cuts? And on US Stocks?
TradingKey - On 11 September 2025, the U.S. will publish August CPI data. Consensus forecasts indicate a 0.3% month-over-month increase for both headline CPI and core CPI. As a result, headline CPI year-over-year may climb to 2.9%, up from 2.7%TradingKey
Tue, Sep 9
Fed to Cut Rates: All Asset Prices Up!
TradingKey - The Federal Reserve is almost certain to restart its interest rate cut cycle on 17 September this year. After in-depth research, we have concluded that cryptocurrencies, the broader U.S. stock market, and short-term U.S. Treasury bonds will all go up.TradingKey
Mon, Sep 8
ASML Q2 FY2025 Earnings Review: Strong Growth and High-NA EUV Breakthrough Shadowed by 2026 Uncertainty
ASML Holding N.V. (NASDAQ: ASML) released its Q2 FY2025 earnings on July 16, 2025, exceeding market expectations with robust net sales and net bookings, though the stock fell around 10% due to cautious guidance for 2026 amid geopolitical uncertainties.TradingKey
Mon, Jul 14
Tradingkey
