AUD/SGD - 1H - Technical analysis published on 10/01/2020 (GMT)
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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 bullish
De fond:
Strongly bullish
Technical indicators
28%
28%
44%
My opinion
Bullish above 0.9733 SGD
My targets
0.9845 SGD (+0.0052)
0.9893 SGD (+0.0100)
My analysis
The bullish trend is currently very strong on AUD/SGD. As long as the price remains above the support at 0.9733 SGD, you could try to benefit from the boom. The first bullish objective is located at 0.9845 SGD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.9893 SGD as an objective. Crossing it would then enable buyers to target 0.9931 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, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
6.1
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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 0.9793 SGD. On the day, this instrument gained +0.12% with the lowest point at 0.9769 SGD and the highest point at 0.9817 SGD. The deviation from the price is +0.25% for the low point and -0.24% for the high point.0.9769
0.9817
0.9793
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of AUD/SGD indicates that the overall trend is strongly bullish. 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 market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
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:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish harami
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.9665 | 0.9733 | 0.9793 | 0.9793 | 0.9845 | 0.9893 | 0.9931 |
| Change (%) | -1.31% | -0.61% | 0% | - | +0.53% | +1.02% | +1.41% |
| Change | -0.0128 | -0.0060 | 0 | - | +0.0052 | +0.0100 | +0.0138 |
| Level | Intermediate | Minor | Major | - | Major | Minor | Minor |
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 | 0.9675 | 0.9701 | 0.9741 | 0.9767 | 0.9807 | 0.9833 | 0.9873 |
| Camarilla | 0.9763 | 0.9769 | 0.9775 | 0.9781 | 0.9787 | 0.9793 | 0.9799 |
| Woodie | 0.9682 | 0.9705 | 0.9748 | 0.9771 | 0.9814 | 0.9837 | 0.9880 |
| Fibonacci | 0.9701 | 0.9726 | 0.9742 | 0.9767 | 0.9792 | 0.9808 | 0.9833 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9324 | 0.9493 | 0.9592 | 0.9761 | 0.9860 | 1.0029 | 1.0128 |
| Camarilla | 0.9616 | 0.9641 | 0.9665 | 0.9690 | 0.9715 | 0.9739 | 0.9764 |
| Woodie | 0.9288 | 0.9476 | 0.9556 | 0.9744 | 0.9824 | 1.0012 | 1.0092 |
| Fibonacci | 0.9493 | 0.9596 | 0.9659 | 0.9761 | 0.9864 | 0.9927 | 1.0029 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9214 | 0.9438 | 0.9610 | 0.9834 | 1.0006 | 1.0230 | 1.0402 |
| Camarilla | 0.9672 | 0.9708 | 0.9745 | 0.9781 | 0.9817 | 0.9854 | 0.9890 |
| Woodie | 0.9187 | 0.9425 | 0.9583 | 0.9821 | 0.9979 | 1.0217 | 1.0375 |
| Fibonacci | 0.9438 | 0.9590 | 0.9683 | 0.9834 | 0.9986 | 1.0079 | 1.0230 |
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): | 56.13 | |
| MACD (12,26,9): | 0.0008 | |
| Directional Movement: | 3.0219 | |
| AROON (14): | -21.4286 | |
| DEMA (21): | 0.9801 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.9813 | |
| Elder Ray (13): | 0.0001 | |
| Super Trend (3,10): | 0.9760 | |
| Zig ZAG (10): | 0.9791 | |
| VORTEX (21): | 1.0633 | |
| Stochastique (14,3,5): | 53.47 | |
| TEMA (21): | 0.9801 | |
| Williams %R (14): | -60.47 | |
| Chande Momentum Oscillator (20): | 0.0007 | |
| Repulse (5,40,3): | -0.0135 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0131 | |
| Courbe Coppock: | 0.28 |
| MA7: | 0.9738 | |
| MA20: | 0.9853 | |
| MA50: | 0.9865 | |
| MA100: | 0.9728 | |
| MAexp7: | 0.9797 | |
| MAexp20: | 0.9790 | |
| MAexp50: | 0.9773 | |
| MAexp100: | 0.9758 | |
| Price / MA7: | +0.56% | |
| Price / MA20: | -0.61% | |
| Price / MA50: | -0.73% | |
| Price / MA100: | +0.67% | |
| Price / MAexp7: | -0.04% | |
| Price / MAexp20: | +0.03% | |
| Price / MAexp50: | +0.20% | |
| Price / MAexp100: | +0.36% |
Quotes :
2020-10-01 16:19:22
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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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