USD/SGD Revisited
FXDD | Feb 20, 2012 11:53PM ET
The risk-on sentiment last week has pushed the USDSGD pair lower but not through critical levels just yet. The pairs decline seems to have stalled some at the the converging 21 and 200 day moving averages ahead of any release from Brussels. A break of the January lows will surely be negative, however the wind is not yet at the back of risk with the issues in Europe still not resolved for even a short-term fix.
oil/usd continue to make new highs in recent days.
oil/usd continue to make new highs in recent days giving a bullish signal.
USD/HKD continue to consolitdate after breaking through this downward wedge.
USD/HKD continue to consolitdate after breaking through this downward wedge which seems like it is building steam for the next move.
USD/INR is trading in a small sideways channel.
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