- Analytics
- News and Tools
- Market News
- USD/SGD: Rebound is underway – OCBC
USD/SGD: Rebound is underway – OCBC
USD/SGD bounced as tariff concerns resurfaced. USD/SGD was last seen at 1.3515, OCBC’s FX analysts Frances Cheung and Christopher Wong note.
Rebound risks likely
“This underscores our earlier caution that tariff concerns remain, and this could still keep risk appetite restrained, thereby implying that USD dips may still find support. Bearish momentum remains but shows tentative signs of fading while RSI shows signs of turning higher from near oversold conditions. Rebound risks likely.”
“Resistance at 1.3520/40 levels (50 DMA, 23.6% fibo retracement of Sep low to Jan high), 1.3630 (21 DMA). Support at 1.3480, 1.3440 levels.”
© 2000-2025. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
