USD/SGD

The US Dollar soared against ASEAN currencies this past week. Dominant uptrends are in focus for USD/SGD, USD/THB, USD/IDR and USD/PHP.

[Chart Created in TradingView](https://www.tradingview.com/symbols/USDIDR/?exchange=FX_IDC) Confirmation of the breakout was lacking at the time of last week’s close. Extending gains place the focus on the 78.6% Fibonacci extension at 15145.53. Nevertheless, USD/IDR aimed higher, closing above the July peak at 15030. [Chart Created in TradingView](https://www.tradingview.com/symbols/USDPHP/?exchange=FX_IDC) The latter may reinstate the dominant upside focus. [Chart Created in TradingView](https://www.tradingview.com/symbols/USDTHB/?exchange=FX_IDC) Immediate resistance appears to be the 100% Fibonacci extension at 37.956. Prices confirmed a breakout above the 36.738 – 36.949 resistance zone, opening the door to extending gains. Confirming a breakout above the former could open the door to extending gains, exposing the April 2020 high at 1.4416. [Chart Created in TradingView](https://www.tradingview.com/symbols/USDSGD/?exchange=FX_IDC) This has brought the currency pair to within inches of the April 22nd, 2020 high at 1.4329.