AUD/SGD - 1H - Technical analysis published on 03/11/2021 (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
89%
0%
11%
My opinion
Bullish above 1.0394 SGD
My targets
1.0503 SGD (+0.0071)
1.0519 SGD (+0.0087)
My analysis
The bullish trend is currently very strong on AUD/SGD. As long as the price remains above the support at 1.0394 SGD, you could try to benefit from the boom. The first bullish objective is located at 1.0503 SGD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1.0519 SGD as an objective. Crossing it would then enable buyers to target 1.0627 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 confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.9
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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 1.0432 SGD. On the day, this instrument gained +0.38% with the lowest point at 1.0384 SGD and the highest point at 1.0434 SGD. The deviation from the price is +0.46% for the low point and -0.02% for the high point.1.0384
1.0434
1.0432
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by AUD/SGD:
Technical
A technical analysis in 1H of this AUD/SGD chart shows a strongly bullish trend. 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 market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, 16 technical indicators out of 18 analysed are currently bullish. 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
CCI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
MACD indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
RSI indicator: bullish divergence
Type : Bullish
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
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Three white soldiers
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.0368 | 1.0394 | 1.0422 | 1.0432 | 1.0519 | 1.0627 | 1.0951 |
| Change (%) | -0.61% | -0.36% | -0.10% | - | +0.83% | +1.87% | +4.98% |
| Change | -0.0064 | -0.0038 | -0.0010 | - | +0.0087 | +0.0195 | +0.0519 |
| Level | Intermediate | Minor | Major | - | Intermediate | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0283 | 1.0312 | 1.0352 | 1.0381 | 1.0421 | 1.0450 | 1.0490 |
| Camarilla | 1.0374 | 1.0380 | 1.0387 | 1.0393 | 1.0399 | 1.0406 | 1.0412 |
| Woodie | 1.0290 | 1.0315 | 1.0359 | 1.0384 | 1.0428 | 1.0453 | 1.0497 |
| Fibonacci | 1.0312 | 1.0338 | 1.0354 | 1.0381 | 1.0407 | 1.0423 | 1.0450 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0050 | 1.0147 | 1.0228 | 1.0325 | 1.0406 | 1.0503 | 1.0584 |
| Camarilla | 1.0260 | 1.0276 | 1.0293 | 1.0309 | 1.0325 | 1.0342 | 1.0358 |
| Woodie | 1.0042 | 1.0143 | 1.0220 | 1.0321 | 1.0398 | 1.0499 | 1.0576 |
| Fibonacci | 1.0147 | 1.0215 | 1.0257 | 1.0325 | 1.0393 | 1.0435 | 1.0503 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9608 | 0.9849 | 1.0062 | 1.0303 | 1.0516 | 1.0757 | 1.0970 |
| Camarilla | 1.0149 | 1.0191 | 1.0232 | 1.0274 | 1.0316 | 1.0357 | 1.0399 |
| Woodie | 0.9593 | 0.9842 | 1.0047 | 1.0296 | 1.0501 | 1.0750 | 1.0955 |
| Fibonacci | 0.9849 | 1.0023 | 1.0130 | 1.0303 | 1.0477 | 1.0584 | 1.0757 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 70.52 | |
| MACD (12,26,9): | 0.0013 | |
| Directional Movement: | 26.9871 | |
| AROON (14): | 92.8571 | |
| DEMA (21): | 1.0412 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.0379 | |
| Elder Ray (13): | 0.0025 | |
| Super Trend (3,10): | 1.0386 | |
| Zig ZAG (10): | 1.0428 | |
| VORTEX (21): | 1.1897 | |
| Stochastique (14,3,5): | 93.24 | |
| TEMA (21): | 1.0418 | |
| Williams %R (14): | -9.52 | |
| Chande Momentum Oscillator (20): | 0.0034 | |
| Repulse (5,40,3): | 0.2242 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0142 | |
| Courbe Coppock: | 0.49 |
| MA7: | 1.0357 | |
| MA20: | 1.0362 | |
| MA50: | 1.0284 | |
| MA100: | 1.0080 | |
| MAexp7: | 1.0413 | |
| MAexp20: | 1.0396 | |
| MAexp50: | 1.0378 | |
| MAexp100: | 1.0366 | |
| Price / MA7: | +0.72% | |
| Price / MA20: | +0.68% | |
| Price / MA50: | +1.44% | |
| Price / MA100: | +3.49% | |
| Price / MAexp7: | +0.18% | |
| Price / MAexp20: | +0.35% | |
| Price / MAexp50: | +0.52% | |
| Price / MAexp100: | +0.64% |
Quotes :
2021-03-11 07:51:28
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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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