CAD/SGD - 1H - Technical analysis published on 04/05/2023 (GMT)
- 179
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Neutral
Technical indicators
22%
39%
39%
My opinion
Neutral between 0.9822 SGD and 0.9895 SGD
My targets
-
My analysis
There is no basic trend for CAD/SGD and in the short term, there are still few sellers. It is difficult to advise a trading direction under these conditions. The first support is located at 0.9822 SGD. The first resistance is located at 0.9895 SGD. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.
In the very short term, technical indicators are neutral and are not able to influence the opinion of this 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 Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CAD/SGD rating is 0.9859 SGD. The price is lower by -0.01% since the last closing and was between 0.9858 SGD and 0.9871 SGD. This implies that the price is at +0.01% from its lowest and at -0.12% from its highest.0.9858
0.9871
0.9859
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CAD/SGD:
Near a new LOW record (5 years)
Type : Bearish
Timeframe : Weekly
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 LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this CAD/SGD chart shows a neutral trend. This indecision could turn into a bearish trend due to the slightly bearish signals currently given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 0.9753 | 0.9782 | 0.9822 | 0.9859 | 0.9895 | 0.9958 | 1.0231 |
| Change (%) | -1.08% | -0.78% | -0.38% | - | +0.37% | +1.00% | +3.77% |
| Change | -0.0106 | -0.0077 | -0.0037 | - | +0.0036 | +0.0099 | +0.0372 |
| Level | Minor | Major | Major | - | Intermediate | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9794 | 0.9821 | 0.9841 | 0.9868 | 0.9888 | 0.9915 | 0.9935 |
| Camarilla | 0.9847 | 0.9851 | 0.9856 | 0.9860 | 0.9864 | 0.9869 | 0.9873 |
| Woodie | 0.9790 | 0.9819 | 0.9837 | 0.9866 | 0.9884 | 0.9913 | 0.9931 |
| Fibonacci | 0.9821 | 0.9839 | 0.9850 | 0.9868 | 0.9886 | 0.9897 | 0.9915 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9570 | 0.9630 | 0.9737 | 0.9797 | 0.9904 | 0.9964 | 1.0071 |
| Camarilla | 0.9799 | 0.9814 | 0.9830 | 0.9845 | 0.9860 | 0.9876 | 0.9891 |
| Woodie | 0.9595 | 0.9642 | 0.9762 | 0.9809 | 0.9929 | 0.9976 | 1.0096 |
| Fibonacci | 0.9630 | 0.9694 | 0.9733 | 0.9797 | 0.9861 | 0.9900 | 0.9964 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9425 | 0.9544 | 0.9694 | 0.9813 | 0.9963 | 1.0082 | 1.0232 |
| Camarilla | 0.9771 | 0.9796 | 0.9820 | 0.9845 | 0.9870 | 0.9894 | 0.9919 |
| Woodie | 0.9442 | 0.9552 | 0.9711 | 0.9821 | 0.9980 | 1.0090 | 1.0249 |
| Fibonacci | 0.9544 | 0.9646 | 0.9710 | 0.9813 | 0.9915 | 0.9979 | 1.0082 |
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): | 43.59 | |
| MACD (12,26,9): | -0.0004 | |
| Directional Movement: | -0.4268 | |
| AROON (14): | -14.2857 | |
| DEMA (21): | 0.9860 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.9878 | |
| Elder Ray (13): | 0 | |
| Super Trend (3,10): | 0.9888 | |
| Zig ZAG (10): | 0.9859 | |
| VORTEX (21): | 0.9302 | |
| Stochastique (14,3,5): | 35.82 | |
| TEMA (21): | 0.9856 | |
| Williams %R (14): | -54.55 | |
| Chande Momentum Oscillator (20): | 0.0003 | |
| Repulse (5,40,3): | -0.0924 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0064 | |
| Courbe Coppock: | 0.23 |
| MA7: | 0.9832 | |
| MA20: | 0.9788 | |
| MA50: | 0.9850 | |
| MA100: | 0.9917 | |
| MAexp7: | 0.9861 | |
| MAexp20: | 0.9864 | |
| MAexp50: | 0.9864 | |
| MAexp100: | 0.9845 | |
| Price / MA7: | +0.27% | |
| Price / MA20: | +0.73% | |
| Price / MA50: | +0.09% | |
| Price / MA100: | -0.58% | |
| Price / MAexp7: | -0.02% | |
| Price / MAexp20: | -0.05% | |
| Price / MAexp50: | -0.05% | |
| Price / MAexp100: | +0.14% |
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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