AUD/SGD - 1H - Technical analysis published on 07/21/2020 (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
94%
0%
6%
My opinion
Bullish above 0.9766 SGD
My targets
0.9845 SGD (+0.0043)
0.9903 SGD (+0.0101)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on AUD/SGD as long as the price remains well above 0.9766 SGD. The buyers” bullish objective is set at 0.9845 SGD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.9903 SGD. If there is any crossing, the next objective would be the resistance located at 1.0228 SGD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
9.1
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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 0.9802 SGD. The price has increased by +0.53% since the last closing and was traded between 0.9747 SGD and 0.9807 SGD over the period. The price is currently at +0.56% from its lowest and -0.05% from its highest.0.9747
0.9807
0.9802
A study of price movements over other periods shows the following variations:
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of AUD/SGD indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
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 : Weekly
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.9728 | 0.9747 | 0.9766 | 0.9802 | 0.9845 | 1.0228 | 1.0951 |
| Change (%) | -0.75% | -0.56% | -0.37% | - | +0.44% | +4.35% | +11.72% |
| Change | -0.0074 | -0.0055 | -0.0036 | - | +0.0043 | +0.0426 | +0.1149 |
| Level | Minor | Intermediate | Intermediate | - | Major | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9659 | 0.9679 | 0.9715 | 0.9735 | 0.9771 | 0.9791 | 0.9827 |
| Camarilla | 0.9735 | 0.9740 | 0.9745 | 0.9750 | 0.9755 | 0.9760 | 0.9765 |
| Woodie | 0.9666 | 0.9683 | 0.9722 | 0.9739 | 0.9778 | 0.9795 | 0.9834 |
| Fibonacci | 0.9679 | 0.9701 | 0.9714 | 0.9735 | 0.9757 | 0.9770 | 0.9791 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9531 | 0.9587 | 0.9655 | 0.9711 | 0.9779 | 0.9835 | 0.9903 |
| Camarilla | 0.9690 | 0.9701 | 0.9713 | 0.9724 | 0.9735 | 0.9747 | 0.9758 |
| Woodie | 0.9538 | 0.9590 | 0.9662 | 0.9714 | 0.9786 | 0.9838 | 0.9910 |
| Fibonacci | 0.9587 | 0.9634 | 0.9663 | 0.9711 | 0.9758 | 0.9787 | 0.9835 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 81.84 | |
| MACD (12,26,9): | 0.0016 | |
| Directional Movement: | 30.0907 | |
| AROON (14): | 100.0000 | |
| DEMA (21): | 0.9777 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.9763 | |
| Elder Ray (13): | 0.0029 | |
| Super Trend (3,10): | 0.9755 | |
| Zig ZAG (10): | 0.9798 | |
| VORTEX (21): | 1.2644 | |
| Stochastique (14,3,5): | 94.94 | |
| TEMA (21): | 0.9787 | |
| Williams %R (14): | -4.35 | |
| Chande Momentum Oscillator (20): | 0.0057 | |
| Repulse (5,40,3): | 0.3130 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0166 | |
| Courbe Coppock: | 0.87 |
| MA7: | 0.9727 | |
| MA20: | 0.9671 | |
| MA50: | 0.9562 | |
| MA100: | 0.9243 | |
| MAexp7: | 0.9779 | |
| MAexp20: | 0.9758 | |
| MAexp50: | 0.9740 | |
| MAexp100: | 0.9728 | |
| Price / MA7: | +0.77% | |
| Price / MA20: | +1.35% | |
| Price / MA50: | +2.51% | |
| Price / MA100: | +6.05% | |
| Price / MAexp7: | +0.24% | |
| Price / MAexp20: | +0.45% | |
| Price / MAexp50: | +0.64% | |
| Price / MAexp100: | +0.76% |
Quotes :
2020-07-21 08:02:36
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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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