AUD/SGD - 1H - Technical analysis published on 07/01/2020 (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
78%
6%
17%
My opinion
Bullish above 0.9613 SGD
My targets
0.9651 SGD (+0.0018)
0.9666 SGD (+0.0033)
My analysis
The bullish trend is currently very strong on AUD/SGD. As long as the price remains above the support at 0.9613 SGD, you could try to benefit from the boom. The first bullish objective is located at 0.9651 SGD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.9666 SGD as an objective. Crossing it would then enable buyers to target 0.9694 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
8.4
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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
AUD/SGD rating 0.9633 SGD. On the day, this instrument gained +0.17% and was traded between 0.9602 SGD and 0.9640 SGD over the period. The price is currently at +0.32% from its lowest and -0.07% from its highest.0.9602
0.9640
0.9633
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this AUD/SGD chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 14 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
Resistance of triangle is broken
Type : Bullish
Timeframe : 1 hour
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 | 0.9596 | 0.9613 | 0.9627 | 0.9633 | 0.9651 | 0.9666 | 0.9694 |
| Change (%) | -0.38% | -0.21% | -0.06% | - | +0.19% | +0.34% | +0.63% |
| Change | -0.0037 | -0.0020 | -0.0006 | - | +0.0018 | +0.0033 | +0.0061 |
| Level | Intermediate | Minor | Intermediate | - | Minor | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9479 | 0.9513 | 0.9565 | 0.9599 | 0.9651 | 0.9685 | 0.9737 |
| Camarilla | 0.9593 | 0.9601 | 0.9609 | 0.9617 | 0.9625 | 0.9633 | 0.9641 |
| Woodie | 0.9488 | 0.9518 | 0.9574 | 0.9604 | 0.9660 | 0.9690 | 0.9746 |
| Fibonacci | 0.9513 | 0.9546 | 0.9566 | 0.9599 | 0.9632 | 0.9652 | 0.9685 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9315 | 0.9417 | 0.9491 | 0.9593 | 0.9667 | 0.9769 | 0.9843 |
| Camarilla | 0.9518 | 0.9534 | 0.9550 | 0.9566 | 0.9582 | 0.9598 | 0.9614 |
| Woodie | 0.9302 | 0.9410 | 0.9478 | 0.9586 | 0.9654 | 0.9762 | 0.9830 |
| Fibonacci | 0.9417 | 0.9484 | 0.9525 | 0.9593 | 0.9660 | 0.9701 | 0.9769 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9050 | 0.9223 | 0.9420 | 0.9593 | 0.9790 | 0.9963 | 1.0160 |
| Camarilla | 0.9515 | 0.9549 | 0.9583 | 0.9617 | 0.9651 | 0.9685 | 0.9719 |
| Woodie | 0.9062 | 0.9229 | 0.9432 | 0.9599 | 0.9802 | 0.9969 | 1.0172 |
| Fibonacci | 0.9223 | 0.9364 | 0.9452 | 0.9593 | 0.9734 | 0.9822 | 0.9963 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 61.66 | |
| MACD (12,26,9): | 0.0010 | |
| Directional Movement: | 12.0617 | |
| AROON (14): | -28.5714 | |
| DEMA (21): | 0.9627 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.9602 | |
| Elder Ray (13): | 0.0011 | |
| Super Trend (3,10): | 0.9584 | |
| Zig ZAG (10): | 0.9633 | |
| VORTEX (21): | 1.1701 | |
| Stochastique (14,3,5): | 71.30 | |
| TEMA (21): | 0.9630 | |
| Williams %R (14): | -11.11 | |
| Chande Momentum Oscillator (20): | 0.0014 | |
| Repulse (5,40,3): | 0.1981 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0171 | |
| Courbe Coppock: | 0.32 |
| MA7: | 0.9597 | |
| MA20: | 0.9616 | |
| MA50: | 0.9406 | |
| MA100: | 0.9177 | |
| MAexp7: | 0.9623 | |
| MAexp20: | 0.9611 | |
| MAexp50: | 0.9596 | |
| MAexp100: | 0.9589 | |
| Price / MA7: | +0.38% | |
| Price / MA20: | +0.18% | |
| Price / MA50: | +2.41% | |
| Price / MA100: | +4.97% | |
| Price / MAexp7: | +0.10% | |
| Price / MAexp20: | +0.23% | |
| Price / MAexp50: | +0.39% | |
| Price / MAexp100: | +0.46% |
Quotes :
2020-07-01 08:28:40
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Real time data
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Forex
This member declared not having a position on this financial instrument or a related financial instrument.
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