AUD/SGD - 1H - Technical analysis published on 02/13/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 0.9298 SGD
My targets
0.9366 SGD (+0.0019)
0.9389 SGD (+0.0042)
My analysis
The bullish trend is currently very strong on AUD/SGD. As long as the price remains above the support at 0.9298 SGD, you could try to benefit from the boom. The first bullish objective is located at 0.9366 SGD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.9389 SGD as an objective. Crossing it would then enable buyers to target 0.9452 SGD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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
8
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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 0.9347 SGD. On the day, this instrument gained +0.28% and was traded between 0.9316 SGD and 0.9365 SGD over the period. The price is currently at +0.33% from its lowest and -0.19% from its highest.0.9316
0.9365
0.9347
Here is a more detailed summary of the historical variations registered by AUD/SGD:
Near a new LOW record (5 years)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of AUD/SGD indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals 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, 12 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.9266 | 0.9298 | 0.9338 | 0.9347 | 0.9366 | 0.9389 | 0.9452 |
| Change (%) | -0.87% | -0.52% | -0.10% | - | +0.20% | +0.45% | +1.12% |
| Change | -0.0081 | -0.0049 | -0.0009 | - | +0.0019 | +0.0042 | +0.0105 |
| Level | Intermediate | Intermediate | Major | - | Minor | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9262 | 0.9287 | 0.9304 | 0.9329 | 0.9346 | 0.9371 | 0.9388 |
| Camarilla | 0.9310 | 0.9313 | 0.9317 | 0.9321 | 0.9325 | 0.9329 | 0.9333 |
| Woodie | 0.9258 | 0.9285 | 0.9300 | 0.9327 | 0.9342 | 0.9369 | 0.9384 |
| Fibonacci | 0.9287 | 0.9303 | 0.9313 | 0.9329 | 0.9345 | 0.9355 | 0.9371 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.8897 | 0.9009 | 0.9141 | 0.9253 | 0.9385 | 0.9497 | 0.9629 |
| Camarilla | 0.9205 | 0.9227 | 0.9250 | 0.9272 | 0.9294 | 0.9317 | 0.9339 |
| Woodie | 0.8906 | 0.9014 | 0.9150 | 0.9258 | 0.9394 | 0.9502 | 0.9638 |
| Fibonacci | 0.9009 | 0.9103 | 0.9160 | 0.9253 | 0.9347 | 0.9404 | 0.9497 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.8692 | 0.8907 | 0.9017 | 0.9232 | 0.9342 | 0.9557 | 0.9667 |
| Camarilla | 0.9037 | 0.9066 | 0.9096 | 0.9126 | 0.9156 | 0.9186 | 0.9215 |
| Woodie | 0.8639 | 0.8881 | 0.8964 | 0.9206 | 0.9289 | 0.9531 | 0.9614 |
| Fibonacci | 0.8907 | 0.9032 | 0.9108 | 0.9232 | 0.9357 | 0.9433 | 0.9557 |
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): | 57.21 | |
| MACD (12,26,9): | 0.0005 | |
| Directional Movement: | 10.6835 | |
| AROON (14): | 64.2857 | |
| DEMA (21): | 0.9348 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.9333 | |
| Elder Ray (13): | 0.0005 | |
| Super Trend (3,10): | 0.9320 | |
| Zig ZAG (10): | 0.9349 | |
| VORTEX (21): | 1.0280 | |
| Stochastique (14,3,5): | 68.89 | |
| TEMA (21): | 0.9348 | |
| Williams %R (14): | -35.56 | |
| Chande Momentum Oscillator (20): | 0.0025 | |
| Repulse (5,40,3): | -0.0395 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0049 | |
| Courbe Coppock: | 0.38 |
| MA7: | 0.9314 | |
| MA20: | 0.9244 | |
| MA50: | 0.9301 | |
| MA100: | 0.9305 | |
| MAexp7: | 0.9347 | |
| MAexp20: | 0.9341 | |
| MAexp50: | 0.9332 | |
| MAexp100: | 0.9319 | |
| Price / MA7: | +0.35% | |
| Price / MA20: | +1.11% | |
| Price / MA50: | +0.49% | |
| Price / MA100: | +0.45% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | +0.06% | |
| Price / MAexp50: | +0.16% | |
| Price / MAexp100: | +0.30% |
This member declared not having a position on this financial instrument or a related financial instrument.
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