USD/SGD: Down 0.17% to 1.2778 — RSI Oversold
· Forex · MarketsFN Team
USD/SGD: Down 0.17% to 1.2778 — RSI Oversold
Published: August 14, 2026 · MarketsFN Team · US Session · Emerging FX
| Pair | Rate | Change | RSI(14) | SMA-20 | SMA-50 | 52W High | 52W Low | Pivot | R1 | S1 |
|---|---|---|---|---|---|---|---|---|---|---|
| USD/SGD | 1.2778 | -0.17% | 28.4 | 1.2844 | 1.2879 | 1.3075 | 1.2595 | 1.2797 | 1.2814 | 1.2782 |
S/R Support & Resistance Levels
Dynamic Trendlines
| Level | Type | Direction | Distance |
|---|---|---|---|
| 1.2710 | 20d Support | down (descending) | -0.54% / 68.5 pips |
| 1.2806 | 20d Resistance | down (descending) | +0.22% / 27.8 pips |
| 1.2761 | 50d Support | flat (flat) | -0.14% / 17.3 pips |
| 1.2907 | 50d Resistance | flat (flat) | +1.01% / 128.9 pips |
Static Levels
| Level | Type | Touches | Distance |
|---|---|---|---|
| 1.2936 | Resistance | 2x | +1.15% / 146.7 pips |
| 1.2899 | Resistance | 2x | +0.86% / 109.9 pips |
| 1.2840 | Resistance | 2x | +0.40% / 51.3 pips |
| 1.2787 | Support | 3x | -0.01% / 1.8 pips |
| 1.2745 | Support | 2x | -0.35% / 44.3 pips |
USD/SGD is trading at 1.2778 (-0.17%) as it continues to reflect a downtrend, remaining below both the 20-day simple moving average (SMA) at 1.2844 and the 50-day SMA at 1.2879. The current price is situated within a descending dynamic channel, with the nearest dynamic support trendline at 1.2710, which is 68.5 pips below the current rate, and the dynamic resistance trendline at 1.2806, just 27.8 pips above.
In terms of static levels, the closest support level is S1 at 1.2787, only 1.8 pips away, while the nearest resistance level is R1 at 1.2840, which is 51.3 pips above the current price. This proximity to S1 suggests a potential for a short-term bounce if the price holds above this level, but a breach could lead to further declines.
The RSI(14) is currently at 28.4, indicating that the pair is in oversold territory, which may suggest a corrective rally could be on the horizon. However, the prevailing downtrend and the positioning below key moving averages imply that any upward movement may be limited.
In the short term, traders should watch for a potential test of the S1 level at 1.2787. A failure to hold this support could trigger further selling pressure, while a bounce could lead to a retest of R1 at 1.2840, providing a clearer direction for the next move.
Disclaimer
The content on MarketsFN.com is provided for educational and informational purposes only and does not constitute financial advice. All investments involve risk and past performance does not guarantee future results.