AUD/SGD - 1H - Technical analysis published on 12/03/2021 (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
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
61%
17%
My opinion
Bearish under 0.9691 SGD
My targets
0.9648 SGD (-0.0030)
0.9552 SGD (-0.0126)
My analysis
AUD/SGD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.9691 SGD. The next support located at 0.9648 SGD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.9552 SGD. Below this support, sellers could then target 0.9454 SGD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
7.3
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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 price is 0.9678 SGD. On the day, this instrument lost -0.28% with the lowest point at 0.9674 SGD and the highest point at 0.9707 SGD. The deviation from the price is +0.04% for the low point and -0.30% for the high point.0.9674
0.9707
0.9678
Here is a more detailed summary of the historical variations registered by AUD/SGD:
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
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 bearish. The signals given by moving averages are 92.86% bearish. This strong bearish 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.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
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:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish engulfing lines
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.8337 | 0.9135 | 0.9454 | 0.9678 | 0.9691 | 0.9743 | 0.9775 |
| Change (%) | -13.86% | -5.61% | -2.31% | - | +0.13% | +0.67% | +1.00% |
| Change | -0.1341 | -0.0543 | -0.0224 | - | +0.0013 | +0.0065 | +0.0097 |
| Level | Major | Intermediate | Intermediate | - | Intermediate | Intermediate | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9649 | 0.9669 | 0.9687 | 0.9707 | 0.9725 | 0.9745 | 0.9763 |
| Camarilla | 0.9695 | 0.9698 | 0.9702 | 0.9705 | 0.9709 | 0.9712 | 0.9716 |
| Woodie | 0.9648 | 0.9669 | 0.9686 | 0.9707 | 0.9724 | 0.9745 | 0.9762 |
| Fibonacci | 0.9669 | 0.9684 | 0.9693 | 0.9707 | 0.9722 | 0.9731 | 0.9745 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9552 | 0.9648 | 0.9711 | 0.9807 | 0.9870 | 0.9966 | 1.0029 |
| Camarilla | 0.9731 | 0.9746 | 0.9760 | 0.9775 | 0.9790 | 0.9804 | 0.9819 |
| Woodie | 0.9537 | 0.9640 | 0.9696 | 0.9799 | 0.9855 | 0.9958 | 1.0014 |
| Fibonacci | 0.9648 | 0.9708 | 0.9746 | 0.9807 | 0.9867 | 0.9905 | 0.9966 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9091 | 0.9392 | 0.9560 | 0.9861 | 1.0029 | 1.0330 | 1.0498 |
| Camarilla | 0.9600 | 0.9643 | 0.9686 | 0.9729 | 0.9772 | 0.9815 | 0.9858 |
| Woodie | 0.9026 | 0.9359 | 0.9495 | 0.9828 | 0.9964 | 1.0297 | 1.0433 |
| Fibonacci | 0.9392 | 0.9571 | 0.9682 | 0.9861 | 1.0040 | 1.0151 | 1.0330 |
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): | 35.50 | |
| MACD (12,26,9): | -0.0009 | |
| Directional Movement: | -16.2267 | |
| AROON (14): | -71.4286 | |
| DEMA (21): | 0.9686 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.9717 | |
| Elder Ray (13): | -0.0013 | |
| Super Trend (3,10): | 0.9718 | |
| Zig ZAG (10): | 0.9680 | |
| VORTEX (21): | 0.9218 | |
| Stochastique (14,3,5): | 18.83 | |
| TEMA (21): | 0.9683 | |
| Williams %R (14): | -79.55 | |
| Chande Momentum Oscillator (20): | -0.0024 | |
| Repulse (5,40,3): | 0.0102 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0097 | |
| Courbe Coppock: | 0.51 |
| MA7: | 0.9742 | |
| MA20: | 0.9842 | |
| MA50: | 0.9930 | |
| MA100: | 0.9919 | |
| MAexp7: | 0.9687 | |
| MAexp20: | 0.9697 | |
| MAexp50: | 0.9712 | |
| MAexp100: | 0.9735 | |
| Price / MA7: | -0.66% | |
| Price / MA20: | -1.67% | |
| Price / MA50: | -2.54% | |
| Price / MA100: | -2.43% | |
| Price / MAexp7: | -0.09% | |
| Price / MAexp20: | -0.20% | |
| Price / MAexp50: | -0.35% | |
| Price / MAexp100: | -0.59% |
Quotes :
-
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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