AUD/SGD - 1H - Technical analysis published on 05/22/2020 (GMT)
- 210
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Neutral
Technical indicators
44%
17%
39%
My opinion
Bearish under 0.9322 SGD
My targets
0.9271 SGD (-0.0020)
0.9244 SGD (-0.0047)
My analysis
The current short-term bearish acceleration registered on AUD/SGD should quickly allow the basic trend to return to a bearish trend. To avoid contradicting the short term, traders could favour short positions (for sale) as long as the price remains well below 0.9322 SGD. Short-term sellers will use the support located at 0.9271 SGD as an objective. A bearish break of this support would revive the bearish momentum. The next bearish objective would then be set at 0.9244 SGD. Crossing this support would then open the door for sellers to target 0.9212 SGD. Caution, if there is a return to below 0.9322 SGD, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend buyers, many of whom will certainly benefit from this movement.
In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
FORCE
0
10
0.5
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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 price is 0.9291 SGD. On the day, this instrument gained -0.17% and was traded between 0.9268 SGD and 0.9317 SGD over the period. The price is currently at +0.25% from its lowest and -0.28% from its highest.0.9268
0.9317
0.9291
Here is a more detailed summary of the historical variations registered by AUD/SGD:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this AUD/SGD chart shows a neutral trend. The strong bearish signals currently being given by short-term moving averages could allow the overall trend to return to a bearish trend. An assessment of moving averages reveals several bearish signals that could impact this trend:
Bearish trend reversal : Moving Average 50
Type : Bearish
Timeframe : 1 hour
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
In fact, only 8 technical indicators out of 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 0.9212 | 0.9244 | 0.9271 | 0.9291 | 0.9322 | 0.9344 | 0.9452 |
| Change (%) | -0.85% | -0.51% | -0.22% | - | +0.33% | +0.57% | +1.73% |
| Change | -0.0079 | -0.0047 | -0.0020 | - | +0.0031 | +0.0053 | +0.0161 |
| Level | Intermediate | Major | Minor | - | Minor | Major | Major |
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 | 0.9215 | 0.9243 | 0.9275 | 0.9303 | 0.9335 | 0.9363 | 0.9395 |
| Camarilla | 0.9291 | 0.9296 | 0.9302 | 0.9307 | 0.9313 | 0.9318 | 0.9324 |
| Woodie | 0.9217 | 0.9244 | 0.9277 | 0.9304 | 0.9337 | 0.9364 | 0.9397 |
| Fibonacci | 0.9243 | 0.9266 | 0.9280 | 0.9303 | 0.9326 | 0.9340 | 0.9363 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.8964 | 0.9045 | 0.9100 | 0.9181 | 0.9236 | 0.9317 | 0.9372 |
| Camarilla | 0.9118 | 0.9130 | 0.9143 | 0.9155 | 0.9168 | 0.9180 | 0.9192 |
| Woodie | 0.8951 | 0.9039 | 0.9087 | 0.9175 | 0.9223 | 0.9311 | 0.9359 |
| Fibonacci | 0.9045 | 0.9097 | 0.9129 | 0.9181 | 0.9233 | 0.9265 | 0.9317 |
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): | 45.54 | |
| MACD (12,26,9): | -0.0003 | |
| Directional Movement: | 0.8390 | |
| AROON (14): | -42.8571 | |
| DEMA (21): | 0.9290 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.9270 | |
| Elder Ray (13): | 0.0001 | |
| Super Trend (3,10): | 0.9278 | |
| Zig ZAG (10): | 0.9290 | |
| VORTEX (21): | 0.9639 | |
| Stochastique (14,3,5): | 49.66 | |
| TEMA (21): | 0.9288 | |
| Williams %R (14): | -42.86 | |
| Chande Momentum Oscillator (20): | -0.0008 | |
| Repulse (5,40,3): | 0.0166 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0049 | |
| Courbe Coppock: | 0.33 |
| MA7: | 0.9258 | |
| MA20: | 0.9195 | |
| MA50: | 0.8957 | |
| MA100: | 0.9086 | |
| MAexp7: | 0.9292 | |
| MAexp20: | 0.9294 | |
| MAexp50: | 0.9293 | |
| MAexp100: | 0.9276 | |
| Price / MA7: | +0.36% | |
| Price / MA20: | +1.04% | |
| Price / MA50: | +3.73% | |
| Price / MA100: | +2.26% | |
| Price / MAexp7: | -0.02% | |
| Price / MAexp20: | -0.04% | |
| Price / MAexp50: | -0.03% | |
| Price / MAexp100: | +0.15% |
This member declared not having a position on this financial instrument or a related financial instrument.
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