USD/SGD Likely to Break Above Significant Resistance at 1.3070, Charts Show -- Market Talk

Dow Jones
2025/11/04

0330 GMT - USD/SGD is likely to break above the significant weekly resistance at 1.3070, based on improving technical momentum, Quek Ser Leang of UOB Global Economics & Markets Research says in a report. The daily moving average convergence divergence indicator turned positive Monday, suggesting upward momentum is building, the senior technical strategist notes. The weekly MACD has held in positive territory since early August and remains strong. A break above 1.3070, which comprises the 55-week exponential moving average and falling weekly trend line, would shift the focus to the weekly Ichimoku cloud's base, currently at 1.3255, the strategist adds. USD/SGD is little changed at 1.3045 after earlier touching 1.3066, its highest intraday level since mid-May, according to LSEG data. (ronnie.harui@wsj.com)

 

(END) Dow Jones Newswires

November 03, 2025 22:30 ET (03:30 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10