CAD/SGD

- SGD (-)

- Real time data - Forex

Open:	-
Change:	-
Volume:	-

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

Type:	Forex
Ticker:	CADSGD
ISIN:

CAD/SGD - 1H - Technical analysis published on 01/15/2025 (GMT)

Londinia

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

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

72%

28%

My opinion

Bullish above 0.9510 SGD

My targets

0.9541 SGD (+0.0009)

0.9562 SGD (+0.0030)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on CAD/SGD as long as the price remains well above 0.9510 SGD. The buyers' bullish objective is set at 0.9541 SGD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.9562 SGD. If there is any crossing, the next objective would be the resistance located at 0.9632 SGD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.4

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 hsokkar. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

CAD/SGD rating 0.9532 SGD. The price registered an increase of +0.05% on the session and was traded between 0.9520 SGD and 0.9536 SGD over the period. The price is currently at +0.13% from its lowest and -0.04% from its highest.

0.9520

0.9536

0.9532

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

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 (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

Technical analysis of CAD/SGD in 1H shows a strongly overall bullish trend. 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

MACD crosses UP its Moving Average

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 this signal:

Near resistance of channel

Type : Bearish

Timeframe : 1 hour

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.9483	0.9496	0.9510	0.9532	0.9533	0.9541	0.9549
Change (%)	-0.51%	-0.38%	-0.23%	-	+0.01%	+0.09%	+0.18%
Change	-0.0049	-0.0036	-0.0022	-	+0.0001	+0.0009	+0.0017
Level	Intermediate	Minor	Intermediate	-	Intermediate	Minor	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.9487	0.9498	0.9513	0.9524	0.9539	0.9550	0.9565
Camarilla	0.9520	0.9522	0.9525	0.9527	0.9529	0.9532	0.9534
Woodie	0.9488	0.9499	0.9514	0.9525	0.9540	0.9551	0.9566
Fibonacci	0.9498	0.9508	0.9514	0.9524	0.9534	0.9540	0.9550

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.9401	0.9434	0.9474	0.9507	0.9547	0.9580	0.9620
Camarilla	0.9493	0.9500	0.9506	0.9513	0.9520	0.9526	0.9533
Woodie	0.9404	0.9436	0.9477	0.9509	0.9550	0.9582	0.9623
Fibonacci	0.9434	0.9462	0.9479	0.9507	0.9535	0.9552	0.9580

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.9198	0.9300	0.9395	0.9497	0.9592	0.9694	0.9789
Camarilla	0.9437	0.9455	0.9473	0.9491	0.9509	0.9527	0.9545
Woodie	0.9196	0.9298	0.9393	0.9495	0.9590	0.9692	0.9787
Fibonacci	0.9300	0.9375	0.9421	0.9497	0.9572	0.9618	0.9694

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):	54.29
MACD (12,26,9):	0.0001
Directional Movement:	9.0223
AROON (14):	7.1429
DEMA (21):	0.9529
Parabolic SAR (0,02-0,02-0,2):	0.9516
Elder Ray (13):	0.0001
Super Trend (3,10):	0.9510
Zig ZAG (10):	0.9531
VORTEX (21):	1.0843
Stochastique (14,3,5):	54.75
TEMA (21):	0.9529
Williams %R (14):	-25.00
Chande Momentum Oscillator (20):	0.0005
Repulse (5,40,3):	0.0770
ROCnROLL:	1
TRIX (15,9):	0.0020
Courbe Coppock:	0.11

MA7:	0.9516
MA20:	0.9480
MA50:	0.9520
MA100:	0.9538
MAexp7:	0.9528
MAexp20:	0.9527
MAexp50:	0.9524
MAexp100:	0.9519
Price / MA7:	+0.17%
Price / MA20:	+0.55%
Price / MA50:	+0.13%
Price / MA100:	-0.06%
Price / MAexp7:	+0.04%
Price / MAexp20:	+0.05%
Price / MAexp50:	+0.08%
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.

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