Mild bullish against US Dollar within tight range – UOB

Mild bullish against US Dollar within tight range – UOB

United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann expect USD/SGD to edge lower intraday toward 1.2760, though a sustained break is seen as unlikely, with major support at 1.2730 intact. On a 1–3 week horizon, UOB keeps a neutral stance, looking for range trading between 1.2730 and 1.2820. Over 1–3 months, the […]

Stuck between key SMAs, RSI turns bearish

Stuck between key SMAs, RSI turns bearish

The AUD/USD edges lower during the North American session, poised to remain sideways within key technical support and resistance levels, with the 20-day Simple Moving Average (SMA) at 0.7187 and the 50-day SMA at 0.7095. At the time of writing, the pair is trading around 0.7137, down 0.17%. AUD/USD Price Forecast: Technical outlook From a […]