USDSG Currency pair flag

Latest USD SGD Analysis and Forecasts

USDSGD surges higher, bull trend intact

A resilient consolidation since mid-May, holding above the trend line support from earlier in May off of 1.3615, to approach last week’s cycle high at 1.3785, sustaining the short- and intermediate-term bull trends and aiming higher again for Tuesday.

The intermediate-term bull trend was triggered above 1.3580 back in April and is fully intact whilst above 1.3674.

For Today:    

  • We see an upside bias for 1.3785; break here aims for 1.3831 and 1.3866.
  • But below 1.3738 opens risk down to 1/3705, maybe towards 1.3674.

Intermediate-term Outlook – Upside Risks: We see an upside risk for 1.3865.

  • Higher targets would be 1.4000 and 1.4333
  • What Changes This? Below 1.3674 shifts the intermediate-term outlook straight to a bear theme.

4 Hour USDSGD Chart


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USD/SGD – Live and Historical Rates

The USD/SGD is yet another pairing of a major currency with a non-major. In this pair, the USD is obviously the major. The resulting pair is not a major one itself, nor is it a commodity pair. The chart featured on this page tells us the amount of Singapore Dollars one needs to purchase a US dollar.


The USD is without a doubt the dominant currency of the world economy. Not only are some commodities like oil and gold traded exclusively in USD, the greenback is also the world’s top reserve currency. Used by 7 countries officially and a number of others de-facto, the USD used to be the currency to which all other currencies in the world were pegged at one time. The authority in control of the USD is the Federal Reserve, also known as The Fed. Control over the currency is exercised through the manipulation of its interest rates.


Like the Fed controls the USD, the MAS (Monetary Authority of Singapore) controls the SGD. The MAS’s policy was one meant to promote the strengthening of the currency, and in this regard, it has indeed been successful: since 1981, the SGD has continuously appreciated against the USD. Interestingly, instead of being pegged to a single currency, the SGD is pegged to a basket of currencies from undisclosed countries. This approach has apparently been efficient in safeguarding the stability of the SGD. Despite the MAS’s strict control, the SGD is considered a floating currency.

USDSGD Analysis

Singapore is a tiny nation, and surprisingly, its trade-relationship with the US is extremely sturdy, despite the geographical distance between the two countries. The economy of Singapore relies heavily on services, and indeed, due to the nature of this sector, service-based exports can be undertaken relatively easily through the Internet.

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