AUD/SGD

- SGD (-)

- Real time data - Forex

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Forex
Ticker:	AUDSGD
ISIN:

AUD/SGD - 1H - Technical analysis published on 11/14/2023 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bullish

Technical indicators

50%

22%

28%

My opinion

Bullish above 0.8685 SGD

My targets

0.8758 SGD (+0.0034)

0.8792 SGD (+0.0068)

My analysis

AUD/SGD is currently trying to strengthen its basic trend with a very bullish short term. As long as the price remains above 0.8685 SGD, traders may consider taking advantage of this bullish acceleration and setting themselves to trade only long positions (at the time of purchase). Buyers will encounter the resistance at 0.8758 SGD. A bullish break in this resistance would confirm a continuation of the bullish acceleration. The next resistance located at 0.8792 SGD would then be the next bullish objective for buyers. Crossing it would then enable buyers to target 0.8829 SGD. Beware of a possible return to under the support located at 0.8685 SGD which would be the sign of a correction of the bullish excesses registered in the short term.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.

Force

3.4

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by hannahfreeman. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The AUD/SGD rating is 0.8724 SGD. The price has increased by +0.65% since the last closing with the lowest point at 0.8659 SGD and the highest point at 0.8726 SGD. The deviation from the price is +0.75% for the low point and -0.02% for the high point.

0.8659

0.8726

0.8724

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:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of AUD/SGD in 1H shows an overall slightly bullish trend. 57.14% of the signals given by moving averages are bullish. This slightly bullish trend could be reinforced by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Moving Average bullish crossovers : AMA20 & AMA50

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : 1 hour

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:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour

RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : 1 hour

Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

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 these bullish patterns in Japanese candlesticks:

White line without lower shadow

Type : Bullish

Timeframe : 1 hour

Long white line

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.8620	0.8661	0.8685	0.8724	0.8758	0.8792	0.8829
Change (%)	-1.19%	-0.72%	-0.45%	-	+0.39%	+0.78%	+1.20%
Change	-0.0104	-0.0063	-0.0039	-	+0.0034	+0.0068	+0.0105
Level	Major	Minor	Major	-	Minor	Minor	Major

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	0.8597	0.8617	0.8643	0.8663	0.8689	0.8709	0.8735
Camarilla	0.8655	0.8660	0.8664	0.8668	0.8672	0.8676	0.8681
Woodie	0.8599	0.8619	0.8645	0.8665	0.8691	0.8711	0.8737
Fibonacci	0.8617	0.8635	0.8646	0.8663	0.8681	0.8692	0.8709

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.8388	0.8508	0.8581	0.8701	0.8774	0.8894	0.8967
Camarilla	0.8601	0.8619	0.8636	0.8654	0.8672	0.8689	0.8707
Woodie	0.8365	0.8496	0.8558	0.8689	0.8751	0.8882	0.8944
Fibonacci	0.8508	0.8582	0.8627	0.8701	0.8775	0.8820	0.8894

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.8394	0.8502	0.8591	0.8699	0.8788	0.8896	0.8985
Camarilla	0.8625	0.8643	0.8661	0.8679	0.8697	0.8715	0.8733
Woodie	0.8384	0.8497	0.8581	0.8694	0.8778	0.8891	0.8975
Fibonacci	0.8502	0.8578	0.8624	0.8699	0.8775	0.8821	0.8896

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):	58.25
MACD (12,26,9):	0.0001
Directional Movement:	5.4424
AROON (14):	-50.0000
DEMA (21):	0.8671
Parabolic SAR (0,02-0,02-0,2):	0.8659
Elder Ray (13):	0.0003
Super Trend (3,10):	0.8650
Zig ZAG (10):	0.8674
VORTEX (21):	0.9667
Stochastique (14,3,5):	50.79
TEMA (21):	0.8671
Williams %R (14):	-33.33
Chande Momentum Oscillator (20):	-0.0001
Repulse (5,40,3):	0.0595
ROCnROLL:	1
TRIX (15,9):	0.0031
Courbe Coppock:	0.01

MA7:	0.8688
MA20:	0.8697
MA50:	0.8721
MA100:	0.8793
MAexp7:	0.8670
MAexp20:	0.8669
MAexp50:	0.8668
MAexp100:	0.8677
Price / MA7:	+0.41%
Price / MA20:	+0.31%
Price / MA50:	+0.03%
Price / MA100:	-0.78%
Price / MAexp7:	+0.62%
Price / MAexp20:	+0.63%
Price / MAexp50:	+0.65%
Price / MAexp100:	+0.54%

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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