Tag Archives: USD/THB

Wednesday’s move to fresh 2014 and 8 month lows was aggressively reversed Thursday with the bullish close seeing immediate focus return to

The Sgd1.2446-57 region confirmed its significance as resistance last week with previous highs, the 21-DMA,

The Sgd1.2446-66 region confirmed its significance as resistance last week with previous highs, the 21-DMA,

Pressure has returned to the Sgd1.2446-65 region with the 21-DMA noted at Sgd1.2456.

Bears continue to dominate with fresh 2014 lows last week retaining immediate focus on Sgd1.2342 Oct 2013 monthly low.

Bears continue to dominate with fresh 2014 lows retaining immediate focus on Sgd1.2342 Oct 2013 monthly low.

The spike higher last week lacked follow through above the 21-DMA (Sgd1.2492). Current focus remains on the 2014 lows with

The spike higher Thursday lacked follow through, marginally trading above the 21-DMA (Sgd1.2492).

After remaining capped ahead of the 21-DMA last week USD/SGD took out and closed below previous initial support on

The 21-DMA capped rallies last week with layers of resistance noted in the Sgd1.2513-45 region.