CHF/SGD - 1H - Technical analysis published on 05/25/2020 (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:
Neutral
De fond:
Bullish
Technical indicators
17%
28%
56%
My opinion
Bullish above 1.4636 SGD
My targets
1.4688 SGD (+0.0036)
1.4802 SGD (+0.0150)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on CHF/SGD. As long as you are above the support located at 1.4636 SGD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 1.4688 SGD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 1.4802 SGD as an objective. Crossing it would then enable buyers to target 1.5016 SGD. If the support 1.4636 SGD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
FORCE
0
10
3.6
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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
CHF/SGD rating 1.4652 SGD. The price has increased by -0.14% since the last closing and was between 1.4651 SGD and 1.4677 SGD. This implies that the price is at +0.01% from its lowest and at -0.17% from its highest.1.4651
1.4677
1.4652
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of CHF/SGD in 1H shows an overall bullish trend. 78.57% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 3 are bullish, 10 are neutral and 5 are bearish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
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 | 1.4556 | 1.4592 | 1.4636 | 1.4652 | 1.4664 | 1.4688 | 1.5016 |
| Change (%) | -0.66% | -0.41% | -0.11% | - | +0.08% | +0.25% | +2.48% |
| Change | -0.0096 | -0.0060 | -0.0016 | - | +0.0012 | +0.0036 | +0.0364 |
| Level | Minor | Minor | Minor | - | Intermediate | Major | Intermediate |
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 | 1.4531 | 1.4564 | 1.4618 | 1.4651 | 1.4705 | 1.4738 | 1.4792 |
| Camarilla | 1.4649 | 1.4657 | 1.4665 | 1.4673 | 1.4681 | 1.4689 | 1.4697 |
| Woodie | 1.4543 | 1.4569 | 1.4630 | 1.4656 | 1.4717 | 1.4743 | 1.4804 |
| Fibonacci | 1.4564 | 1.4597 | 1.4617 | 1.4651 | 1.4684 | 1.4704 | 1.4738 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.4404 | 1.4468 | 1.4571 | 1.4635 | 1.4738 | 1.4802 | 1.4905 |
| Camarilla | 1.4627 | 1.4642 | 1.4658 | 1.4673 | 1.4688 | 1.4704 | 1.4719 |
| Woodie | 1.4423 | 1.4478 | 1.4590 | 1.4645 | 1.4757 | 1.4812 | 1.4924 |
| Fibonacci | 1.4468 | 1.4532 | 1.4572 | 1.4635 | 1.4699 | 1.4739 | 1.4802 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.3978 | 1.4218 | 1.4410 | 1.4650 | 1.4842 | 1.5082 | 1.5274 |
| Camarilla | 1.4484 | 1.4524 | 1.4563 | 1.4603 | 1.4643 | 1.4682 | 1.4722 |
| Woodie | 1.3955 | 1.4206 | 1.4387 | 1.4638 | 1.4819 | 1.5070 | 1.5251 |
| Fibonacci | 1.4218 | 1.4383 | 1.4485 | 1.4650 | 1.4815 | 1.4917 | 1.5082 |
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): | 51.13 | |
| MACD (12,26,9): | 0.0006 | |
| Directional Movement: | 0.7441 | |
| AROON (14): | 14.2857 | |
| DEMA (21): | 1.4670 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.4650 | |
| Elder Ray (13): | -0.0003 | |
| Super Trend (3,10): | 1.4626 | |
| Zig ZAG (10): | 1.4654 | |
| VORTEX (21): | 1.0921 | |
| Stochastique (14,3,5): | 48.39 | |
| TEMA (21): | 1.4669 | |
| Williams %R (14): | -80.65 | |
| Chande Momentum Oscillator (20): | -0.0016 | |
| Repulse (5,40,3): | -0.1408 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0089 | |
| Courbe Coppock: | 0.05 |
| MA7: | 1.4637 | |
| MA20: | 1.4607 | |
| MA50: | 1.4684 | |
| MA100: | 1.4462 | |
| MAexp7: | 1.4666 | |
| MAexp20: | 1.4661 | |
| MAexp50: | 1.4648 | |
| MAexp100: | 1.4638 | |
| Price / MA7: | +0.10% | |
| Price / MA20: | +0.31% | |
| Price / MA50: | -0.22% | |
| Price / MA100: | +1.31% | |
| Price / MAexp7: | -0.10% | |
| Price / MAexp20: | -0.06% | |
| Price / MAexp50: | +0.03% | |
| Price / MAexp100: | +0.10% |
This member declared not having a position on this financial instrument or a related financial instrument.
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