US Dollar / Singapore Dollar
The dollar against the Singapore dollar, managed within a policy band rather than freely floated.
Price · last 3 months
Live · ECBMarket trend
Bearish
US Dollar / Singapore Dollar is clearly bearish on this timeframe.
Confidence measures how much the indicators agree with each other. It is not a probability that a trade will be profitable.
Signals behind this
- Price vs long-term averageneutral
- EMA 20 vs EMA 50neutral
- MACD momentumbearish
- RSI (14)bearish
- Bollinger positionbearish
- Market structurebearish
Key levels
- 1.29820+1.23%
- 1.27220-0.80%
3.7%annualised · low
Volatility is compressed relative to normal. Quiet markets tend to precede expansion, so this is a setup for a breakout rather than a reason to expect continued calm.
How this developed
Major moves, trend changes, level breaks and news for this window, newest first.
Dropped 0.26% in one bar
Price moveA genuinely large move for this market, not just a large-looking percentage — it moved 1.7× its typical daily range (0.15%).
2d ago
Dropped 0.20% in one bar
Price moveA genuinely large move for this market, not just a large-looking percentage — it moved 1.5× its typical daily range (0.14%).
5d ago
Dropped 0.39% in one bar
Price moveA genuinely large move for this market, not just a large-looking percentage — it moved 3.0× its typical daily range (0.13%).
6d ago
Jumped 0.23% in one bar
Price moveA genuinely large move for this market, not just a large-looking percentage — it moved 2.0× its typical daily range (0.12%).
8d ago
Dropped 0.24% in one bar
Price moveA genuinely large move for this market, not just a large-looking percentage — it moved 1.6× its typical daily range (0.15%).
20d ago
Jumped 0.21% in one bar
Price moveA genuinely large move for this market, not just a large-looking percentage — it moved 1.2× its typical daily range (0.17%).
28d ago
Jumped 0.23% in one bar
Price moveA genuinely large move for this market, not just a large-looking percentage — it moved 1.4× its typical daily range (0.17%).
Jul 6
Dropped 0.31% in one bar
Price moveA genuinely large move for this market, not just a large-looking percentage — it moved 1.9× its typical daily range (0.17%).
Jul 3
Dropped 0.18% in one bar
Price moveA genuinely large move for this market, not just a large-looking percentage — it moved 1.1× its typical daily range (0.15%).
Jul 2
Dropped 0.27% in one bar
Price moveA genuinely large move for this market, not just a large-looking percentage — it moved 1.6× its typical daily range (0.17%).
Jun 26
Jumped 0.24% in one bar
Price moveA genuinely large move for this market, not just a large-looking percentage — it moved 1.4× its typical daily range (0.17%).
Jun 23
Jumped 0.58% in one bar
Price moveA genuinely large move for this market, not just a large-looking percentage — it moved 3.3× its typical daily range (0.18%).
Jun 18
Dropped 0.28% in one bar
Price moveA genuinely large move for this market, not just a large-looking percentage — it moved 1.8× its typical daily range (0.16%).
Jun 12
Jumped 0.25% in one bar
Price moveA genuinely large move for this market, not just a large-looking percentage — it moved 1.6× its typical daily range (0.16%).
Jun 10
Jumped 0.30% in one bar
Price moveA genuinely large move for this market, not just a large-looking percentage — it moved 2.0× its typical daily range (0.15%).
Jun 8
Jumped 0.29% in one bar
Price moveA genuinely large move for this market, not just a large-looking percentage — it moved 1.9× its typical daily range (0.15%).
Jun 3
Dropped 0.20% in one bar
Price moveA genuinely large move for this market, not just a large-looking percentage — it moved 1.3× its typical daily range (0.16%).
May 29
Dropped 0.23% in one bar
Price moveA genuinely large move for this market, not just a large-looking percentage — it moved 1.3× its typical daily range (0.17%).
May 25
Jumped 0.52% in one bar
Price moveA genuinely large move for this market, not just a large-looking percentage — it moved 2.4× its typical daily range (0.21%).
May 15
Dropped 0.70% in one bar
Price moveA genuinely large move for this market, not just a large-looking percentage — it moved 3.2× its typical daily range (0.22%).
May 6
Showing the 20 most recent of 26 events in this window.
Summary
Technical indicators
Computed from 90 bars over the last 3 months.
1.28896 / 1.28768
The 20-period average sits above the 50-period average, which is the classic shape of an uptrend. Price above both means buyers have controlled the recent range.
35.7
At 36 momentum is in the normal band — neither stretched nor exhausted, so RSI is not arguing for a reversal in either direction.
-0.00132
MACD sits below its signal line — short-term momentum has rolled over relative to the medium-term trend, which typically precedes or confirms a pullback.
Not published
The data source for US Dollar / Singapore Dollar publishes prices but not traded volume, so there is no participation figure to read. That is a gap in the data, not a quiet market — treat any conclusion that would depend on volume as unsupported here.
0.00182 (0.14%)
The market has been moving about 0.00182 per bar, or 0.14% of price. This is the number position sizing and stop placement should be built around — a stop tighter than this will be hit by ordinary noise.
Two ways this could go
Both paths are shown with equal weight. Neither is a prediction.
Potential bullish scenario
- Trigger
- A daily close above 1.29820 on above-average volume
- If it fires
- 1.32416 as the next area where sellers have previously stepped in
- Invalidation
- A move back below 1.27220 would void this idea
If buyers can absorb the supply sitting at 1.29820 and hold above it into a close, the path of least resistance opens toward 1.32416. This would be counter-trend, so it needs stronger confirmation than usual — a single spike through the level is not enough. Given the market is moving roughly 0.00182 per bar, allow at least that much room before treating a wick through the level as a real breakout.
Potential bearish scenario
- Trigger
- Losing 1.27220 and failing to reclaim it
- If it fires
- 1.24676, the next level where buyers previously defended
- Invalidation
- Reclaiming 1.29820 would void this idea
If 1.27220 gives way and the market cannot recover it quickly, the next obvious area of interest is 1.24676. This aligns with the prevailing trend, which makes it the higher-probability of the two paths here. With volatility contained, expect the move to develop over several bars rather than in one impulse.
Trading risks
- This analysis reads price history. It cannot anticipate news, and markets reprice on news faster than any indicator updates.
- Central bank speakers can reprice the whole curve in seconds, and FX gaps over weekends.
- Leverage is typically highest in FX, so ordinary moves produce outsized account impact.
Key events to watch
- Central bank rate decisions and the accompanying statement language
- Monthly inflation (CPI) and employment releases for both currencies in the pair
- Scheduled speeches from voting policy committee members
What actually drives US Dollar / Singapore Dollar: Monetary Authority of Singapore policy band, regional trade flows, risk sentiment.
This analysis is educational and should not be considered financial advice. It is generated from historical price data and can be wrong. Markets reprice on news faster than any indicator updates. Never risk money you cannot afford to lose.
Generated Aug 4, 09:10 PM · European Central Bank reference rates, published once per business day.