AUD/SGD - 1H - Technical analysis published on 08/13/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Neutral
Technical indicators
72%
0%
28%
My opinion
Bullish above 0.9982 SGD
My targets
1.0014 SGD (+0.0014)
1.0097 SGD (+0.0097)
My analysis
The strong short-term increase of AUD/SGD should quickly allow the basic trend to become bullish. As long as the price remains above the support located at 0.9982 SGD, a purchase could be considered. The first bullish objective is located at 1.0014 SGD. The bullish momentum would be boosted by a break in this resistance. Buyers could then target the resistance located at 1.0097 SGD. If there is any crossing, the next objective would be the resistance at 1.0211 SGD. Caution, if there is a return under 0.9982 SGD, it should not be forgotten that the basic trend is not yet clear. Caution would then be required.
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
4.1
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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
AUD/SGD rating 1.0000 SGD. The price has increased by +0.32% since the last closing and was traded between 0.9961 SGD and 1.0001 SGD over the period. The price is currently at +0.39% from its lowest and -0.01% from its highest.0.9961
1.0001
1.0000
Here is a more detailed summary of the historical variations registered by AUD/SGD:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of AUD/SGD in 1H shows a neutral overall trend. The trend could quickly turn bullish due to the strong bullish 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.
An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | R1 | Price | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.9962 | 0.9971 | 0.9982 | 1.0000 | 1.0000 | 1.0014 | 1.0211 |
| Change (%) | -0.38% | -0.29% | -0.18% | 0% | - | +0.14% | +2.11% |
| Change | -0.0038 | -0.0029 | -0.0018 | 0 | - | +0.0014 | +0.0211 |
| Level | Intermediate | Minor | Intermediate | 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 | 0.9900 | 0.9929 | 0.9948 | 0.9977 | 0.9996 | 1.0025 | 1.0044 |
| Camarilla | 0.9955 | 0.9959 | 0.9964 | 0.9968 | 0.9972 | 0.9977 | 0.9981 |
| Woodie | 0.9896 | 0.9927 | 0.9944 | 0.9975 | 0.9992 | 1.0023 | 1.0040 |
| Fibonacci | 0.9929 | 0.9947 | 0.9958 | 0.9977 | 0.9995 | 1.0006 | 1.0025 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9839 | 0.9884 | 0.9925 | 0.9970 | 1.0011 | 1.0056 | 1.0097 |
| Camarilla | 0.9943 | 0.9951 | 0.9959 | 0.9967 | 0.9975 | 0.9983 | 0.9991 |
| Woodie | 0.9838 | 0.9883 | 0.9924 | 0.9969 | 1.0010 | 1.0055 | 1.0096 |
| Fibonacci | 0.9884 | 0.9917 | 0.9937 | 0.9970 | 1.0003 | 1.0023 | 1.0056 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9589 | 0.9762 | 0.9856 | 1.0029 | 1.0123 | 1.0296 | 1.0390 |
| Camarilla | 0.9876 | 0.9900 | 0.9925 | 0.9949 | 0.9974 | 0.9998 | 1.0022 |
| Woodie | 0.9549 | 0.9742 | 0.9816 | 1.0009 | 1.0083 | 1.0276 | 1.0350 |
| Fibonacci | 0.9762 | 0.9864 | 0.9927 | 1.0029 | 1.0131 | 1.0194 | 1.0296 |
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): | 48.08 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | 3.3167 | |
| AROON (14): | 85.7142 | |
| DEMA (21): | 0.9973 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.9964 | |
| Elder Ray (13): | 0.0002 | |
| Super Trend (3,10): | 0.9989 | |
| Zig ZAG (10): | 0.9985 | |
| VORTEX (21): | 1.0474 | |
| Stochastique (14,3,5): | 84.18 | |
| TEMA (21): | 0.9978 | |
| Williams %R (14): | -3.33 | |
| Chande Momentum Oscillator (20): | 0.0019 | |
| Repulse (5,40,3): | 0.2365 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0033 | |
| Courbe Coppock: | 0.22 |
| MA7: | 0.9981 | |
| MA20: | 0.9995 | |
| MA50: | 1.0085 | |
| MA100: | 1.0188 | |
| MAexp7: | 0.9979 | |
| MAexp20: | 0.9974 | |
| MAexp50: | 0.9977 | |
| MAexp100: | 0.9978 | |
| Price / MA7: | +0.19% | |
| Price / MA20: | +0.05% | |
| Price / MA50: | -0.84% | |
| Price / MA100: | -1.85% | |
| Price / MAexp7: | +0.21% | |
| Price / MAexp20: | +0.26% | |
| Price / MAexp50: | +0.23% | |
| Price / MAexp100: | +0.22% |
Quotes :
-
Real time data
-
Forex
This member declared not having a position on this financial instrument or a related financial instrument.
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