USD/SGD intraday : rebound towards 1.2967

Trading Central 2025-05-22 12:50:05

Our pivot point is at 1.2854.

Our preference: rebound towards 1.2967

Alternative scenario: below 1.2854, expect 1.2811 and 1.2786.

Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1.2890 and 1.2893).

Supports and resistances:

1.3017 **

1.2992 *

1.2967 **

1.2942

1.2888 last

1.2870

1.2854 **

Disclaimer
The trading strategy containing reference trading prices and analysis opinions is provided by the third-party provider Trading Central.And the trading strategy is only the personal research and judgment by analysts,which is not a statement of facts.No representation or warranty is given as to the accuracy or completeness of this strategy. Consequently any person acting on it does so entirely at their own risk. Our company accepts no responsibility for any use that may be made of these comments and for any consequences that result.

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