AUD/SGD - 1H - Technical analysis published on 11/17/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
22%
33%
44%
My opinion
Bearish under 0.8734 SGD
My targets
0.8685 SGD (-0.0028)
0.8659 SGD (-0.0054)
My analysis
In the short term, we can see an acceleration in the bearish trend on AUD/SGD, which is a positive signal for sellers. As long as the price remains above 0.8734 SGD, a sale could be considered. The first bearish objective is located at 0.8685 SGD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.8659 SGD as an objective. Crossing it would then enable sellers to target 0.8620 SGD. If the price were to return above 0.8734 SGD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
4.6
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
AUD/SGD rating 0.8713 SGD. The price registered a decrease of -0.01% on the session with the lowest point at 0.8704 SGD and the highest point at 0.8726 SGD. The deviation from the price is +0.10% for the low point and -0.15% for the high point.0.8704
0.8726
0.8713
Here is a more detailed summary of the historical variations registered by AUD/SGD:
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 this 1H chart of AUD/SGD indicates that the overall trend is bearish. The signals given by moving averages are 75.00% bearish. This bearish trend is reinforced 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.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 8 are neutral and 6 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near support of channel
Type : Bullish
Timeframe : 1 hour
Near support of triangle
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.8659 | 0.8685 | 0.8709 | 0.8713 | 0.8734 | 0.8768 | 0.8792 |
| Change (%) | -0.62% | -0.32% | -0.05% | - | +0.24% | +0.63% | +0.91% |
| Change | -0.0054 | -0.0028 | -0.0004 | - | +0.0021 | +0.0055 | +0.0079 |
| Level | Intermediate | Minor | Intermediate | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.8595 | 0.8652 | 0.8683 | 0.8740 | 0.8771 | 0.8828 | 0.8859 |
| Camarilla | 0.8690 | 0.8698 | 0.8706 | 0.8714 | 0.8722 | 0.8730 | 0.8738 |
| Woodie | 0.8582 | 0.8646 | 0.8670 | 0.8734 | 0.8758 | 0.8822 | 0.8846 |
| Fibonacci | 0.8652 | 0.8686 | 0.8706 | 0.8740 | 0.8774 | 0.8794 | 0.8828 |
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 the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 41.27 | |
| MACD (12,26,9): | -0.0009 | |
| Directional Movement: | -6.0617 | |
| AROON (14): | -50.0000 | |
| DEMA (21): | 0.8711 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.8704 | |
| Elder Ray (13): | -0.0001 | |
| Super Trend (3,10): | 0.8749 | |
| Zig ZAG (10): | 0.8711 | |
| VORTEX (21): | 0.8640 | |
| Stochastique (14,3,5): | 48.04 | |
| TEMA (21): | 0.8707 | |
| Williams %R (14): | -83.33 | |
| Chande Momentum Oscillator (20): | -0.0014 | |
| Repulse (5,40,3): | -0.1822 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0200 | |
| Courbe Coppock: | 0.33 |
| MA7: | 0.8709 | |
| MA20: | 0.8711 | |
| MA50: | 0.8725 | |
| MA100: | 0.8787 | |
| MAexp7: | 0.8715 | |
| MAexp20: | 0.8724 | |
| MAexp50: | 0.8735 | |
| MAexp100: | 0.8730 | |
| Price / MA7: | +0.05% | |
| Price / MA20: | +0.02% | |
| Price / MA50: | -0.14% | |
| Price / MA100: | -0.84% | |
| Price / MAexp7: | -0.02% | |
| Price / MAexp20: | -0.13% | |
| Price / MAexp50: | -0.25% | |
| Price / MAexp100: | -0.19% |
Quotes :
-
Real time data
-
Forex
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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