AUD/SGD - 1H - Technical analysis published on 11/19/2023 (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:
Bullish
Underlying:
Bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 0.8704 SGD
My targets
0.8768 SGD (+0.0013)
0.8792 SGD (+0.0037)
My analysis
A bullish trend on AUD/SGD both in substance and in the short term. A purchase could be considered as long as the price remains above 0.8704 SGD. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 0.8768 SGD. Then the price could move towards 0.8792 SGD. Then 0.8814 SGD by extension. Be careful, a return below 0.8704 SGD would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.
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
6.6
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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 0.8755 SGD. The price registered an increase of +0.01% on the session and was between 0.8727 SGD and 0.8756 SGD. This implies that the price is at +0.32% from its lowest and at -0.01% from its highest.0.8727
0.8756
0.8755
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 AUD/SGD in 1H shows an overall bullish trend. The signals given by moving averages are 71.43% bullish. This bullish trend is slowing down slightly given the slightly bullish signals of short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 15 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
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 resistance of channel
Type : Bearish
Timeframe : 1 hour
Near support of triangle
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.8674 | 0.8704 | 0.8753 | 0.8755 | 0.8768 | 0.8792 | 0.8814 |
| Change (%) | -0.93% | -0.58% | -0.02% | - | +0.15% | +0.42% | +0.67% |
| Change | -0.0081 | -0.0051 | -0.0002 | - | +0.0013 | +0.0037 | +0.0059 |
| Level | Minor | Minor | Intermediate | - | 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 | 0.8665 | 0.8685 | 0.8719 | 0.8739 | 0.8773 | 0.8793 | 0.8827 |
| Camarilla | 0.8739 | 0.8744 | 0.8749 | 0.8754 | 0.8759 | 0.8764 | 0.8769 |
| Woodie | 0.8673 | 0.8689 | 0.8727 | 0.8743 | 0.8781 | 0.8797 | 0.8835 |
| Fibonacci | 0.8685 | 0.8705 | 0.8718 | 0.8739 | 0.8759 | 0.8772 | 0.8793 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.8481 | 0.8559 | 0.8657 | 0.8735 | 0.8833 | 0.8911 | 0.9009 |
| Camarilla | 0.8706 | 0.8722 | 0.8738 | 0.8754 | 0.8770 | 0.8786 | 0.8802 |
| Woodie | 0.8490 | 0.8564 | 0.8666 | 0.8740 | 0.8842 | 0.8916 | 0.9018 |
| Fibonacci | 0.8559 | 0.8627 | 0.8668 | 0.8735 | 0.8803 | 0.8844 | 0.8911 |
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): | 61.52 | |
| MACD (12,26,9): | 0.0004 | |
| Directional Movement: | 7.6983 | |
| AROON (14): | 100.0000 | |
| DEMA (21): | 0.8741 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.8729 | |
| Elder Ray (13): | 0.0013 | |
| Super Trend (3,10): | 0.8717 | |
| Zig ZAG (10): | 0.8754 | |
| VORTEX (21): | 1.1550 | |
| Stochastique (14,3,5): | 89.52 | |
| TEMA (21): | 0.8748 | |
| Williams %R (14): | -8.51 | |
| Chande Momentum Oscillator (20): | 0.0025 | |
| Repulse (5,40,3): | 0.1503 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0010 | |
| Courbe Coppock: | 0.50 |
| MA7: | 0.8715 | |
| MA20: | 0.8712 | |
| MA50: | 0.8725 | |
| MA100: | 0.8787 | |
| MAexp7: | 0.8745 | |
| MAexp20: | 0.8737 | |
| MAexp50: | 0.8737 | |
| MAexp100: | 0.8733 | |
| Price / MA7: | +0.46% | |
| Price / MA20: | +0.49% | |
| Price / MA50: | +0.34% | |
| Price / MA100: | -0.36% | |
| Price / MAexp7: | +0.11% | |
| Price / MAexp20: | +0.21% | |
| Price / MAexp50: | +0.21% | |
| Price / MAexp100: | +0.25% |
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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