| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Sell | Sell |
| RSI (14) | Neutral | Buy | Buy |
| Stochastic (5; 3) | Sell | Neutral | Neutral |
| Alligator (13; 8; 5) | Sell | Sell | Sell |
| SAR (0.02; 0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇒ | ⇒ |
USD/SGD's movement south has been bounded by three patterns the most recent of which is a falling wedge.
The bearish momentum that guided the pair for the last three months is gradually allaying, as apparent from the pair's relative period of consolidation during the previous trading sessions, especially after the test of the bottom wedge boundary circa 1.3180 last Friday.
The US Dollar has since tried to edge higher; however, the combined resistance of the 55– and 100-hour SMAs has limited any attempts to do so.
By and large, the pair is expected to edge higher later this week towards the upper wedge line and the monthly S1 near 1.3240. The aforementioned SMAs, however, are likely to restrict the pair in this session, thus resulting in a move sideways.