register nowRegister now
OPTIONS

Expiries for Mar 01 NY cut 1000ET (Source DTCC)

SOY TECHS

(K1) Giving Up Gains

GOLD TECHS

(K1) Bull Rally Pauses

US DATA

MNI Chicago Business Barometer Dropped in Feb

Above Sgd1.3223 to Shift Focus....>

DOLLAR-SING TECHS
DOLLAR-SING TECHS: Above Sgd1.3223 to Shift Focus Higher
*RES 4: Sgd1.3223 - High Jan 22 
*RES 3: Sgd1.3209 - 21-DMA 
*RES 2: Sgd1.3168 - Low Jan 19 now resistance 
*RES 1: Sgd1.3149 - High Jan 30
*PRICE: Sgd1.3112 @ 2300GMT
*SUP 1: Sgd1.3066 - Low Jan 31 
*SUP 2: Sgd1.3039 - Low Jan 26 
*SUP 3: Sgd1.3000 - Monthly Low Dec 16 2014 
*SUP 4: Sgd1.2955 - Low Nov 27 2014
*COMMENTARY: 2018 and 3+yr lows continued last week although the lack of follow
through is a concern given correcting O/S studies and momentum divergence. Bulls
need a close above Sgd1.3168 to ease bearish pressure and above Sgd1.3223 to
confirm a break of the 21-DMA and shift initial focus to Sgd1.3273-1.3369 where
the 55-DMA is noted. Bears now need a close below Sgd1.3066 to retain initial
focus on Sgd1.2955.