AUD/SGD - 1H - Technical analysis published on 05/07/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
89%
6%
6%
My opinion
Bullish above 0.9135 SGD
My targets
0.9204 SGD (+0.0041)
0.9244 SGD (+0.0081)
My analysis
The bullish trend is currently very strong on AUD/SGD. As long as the price remains above the support at 0.9135 SGD, you could try to benefit from the boom. The first bullish objective is located at 0.9204 SGD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.9244 SGD as an objective. Crossing it would then enable buyers to target 0.9265 SGD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
8
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AUD/SGD rating is 0.9163 SGD. On the day, this instrument lost +0.78% and was traded between 0.9091 SGD and 0.9178 SGD over the period. The price is currently at +0.79% from its lowest and -0.16% from its highest.0.9091
0.9178
0.9163
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of AUD/SGD in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 85.71% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.9106 | 0.9135 | 0.9157 | 0.9163 | 0.9204 | 0.9244 | 0.9265 |
| Change (%) | -0.62% | -0.31% | -0.07% | - | +0.45% | +0.88% | +1.11% |
| Change | -0.0057 | -0.0028 | -0.0006 | - | +0.0041 | +0.0081 | +0.0102 |
| Level | Intermediate | Major | Intermediate | - | Minor | Major | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.8975 | 0.9025 | 0.9058 | 0.9108 | 0.9141 | 0.9191 | 0.9224 |
| Camarilla | 0.9069 | 0.9077 | 0.9084 | 0.9092 | 0.9100 | 0.9107 | 0.9115 |
| Woodie | 0.8968 | 0.9021 | 0.9051 | 0.9104 | 0.9134 | 0.9187 | 0.9217 |
| Fibonacci | 0.9025 | 0.9056 | 0.9076 | 0.9108 | 0.9139 | 0.9159 | 0.9191 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.8837 | 0.8959 | 0.9022 | 0.9144 | 0.9207 | 0.9329 | 0.9392 |
| Camarilla | 0.9035 | 0.9052 | 0.9069 | 0.9086 | 0.9103 | 0.9120 | 0.9137 |
| Woodie | 0.8809 | 0.8944 | 0.8994 | 0.9129 | 0.9179 | 0.9314 | 0.9364 |
| Fibonacci | 0.8959 | 0.9029 | 0.9073 | 0.9144 | 0.9214 | 0.9258 | 0.9329 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.8069 | 0.8328 | 0.8747 | 0.9006 | 0.9425 | 0.9684 | 1.0103 |
| Camarilla | 0.8980 | 0.9042 | 0.9104 | 0.9166 | 0.9228 | 0.9290 | 0.9353 |
| Woodie | 0.8149 | 0.8368 | 0.8827 | 0.9046 | 0.9505 | 0.9724 | 1.0183 |
| Fibonacci | 0.8328 | 0.8587 | 0.8747 | 0.9006 | 0.9265 | 0.9425 | 0.9684 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 70.47 | |
| MACD (12,26,9): | 0.0013 | |
| Directional Movement: | 16.5262 | |
| AROON (14): | 64.2857 | |
| DEMA (21): | 0.9147 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.9100 | |
| Elder Ray (13): | 0.0026 | |
| Super Trend (3,10): | 0.9112 | |
| Zig ZAG (10): | 0.9167 | |
| VORTEX (21): | 1.0939 | |
| Stochastique (14,3,5): | 86.54 | |
| TEMA (21): | 0.9157 | |
| Williams %R (14): | -17.31 | |
| Chande Momentum Oscillator (20): | 0.0066 | |
| Repulse (5,40,3): | -0.0507 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0070 | |
| Courbe Coppock: | 1.15 |
| MA7: | 0.9138 | |
| MA20: | 0.9089 | |
| MA50: | 0.8918 | |
| MA100: | 0.9105 | |
| MAexp7: | 0.9154 | |
| MAexp20: | 0.9134 | |
| MAexp50: | 0.9124 | |
| MAexp100: | 0.9125 | |
| Price / MA7: | +0.27% | |
| Price / MA20: | +0.81% | |
| Price / MA50: | +2.75% | |
| Price / MA100: | +0.64% | |
| Price / MAexp7: | +0.10% | |
| Price / MAexp20: | +0.32% | |
| Price / MAexp50: | +0.43% | |
| Price / MAexp100: | +0.42% |
This member declared not having a position on this financial instrument or a related financial instrument.
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