CHF/SGD - 1H - Technical analysis published on 09/16/2020 (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
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
39%
22%
39%
My opinion
Bearish under 1.5003 SGD
My targets
1.4948 SGD (-0.0032)
1.4927 SGD (-0.0053)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on CHF/SGD as long as the price remains well below 1.5003 SGD. The sellers” bearish objective is set at 1.4948 SGD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.4927 SGD. In case of crossing, the next objective would be the support located at 1.4883 SGD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5.5
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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 CHF/SGD rating is 1.4980 SGD. On the day, this instrument lost -0.02% with the lowest point at 1.4970 SGD and the highest point at 1.4988 SGD. The deviation from the price is +0.07% for the low point and -0.05% for the high point.1.4970
1.4988
1.4980
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
Here is a more detailed summary of the historical variations registered by CHF/SGD:
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 this 1H chart of CHF/SGD indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish 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, Central Analyzer took into account 18 technical indicators and the result was as follows: 7 are bullish, 7 are neutral and 4 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Near support of triangle
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.4883 | 1.4927 | 1.4948 | 1.4980 | 1.4982 | 1.5003 | 1.5030 |
| Change (%) | -0.65% | -0.35% | -0.21% | - | +0.01% | +0.15% | +0.33% |
| Change | -0.0097 | -0.0053 | -0.0032 | - | +0.0002 | +0.0023 | +0.0050 |
| Level | Intermediate | Minor | Minor | - | Intermediate | Minor | 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 | 1.4910 | 1.4944 | 1.4963 | 1.4997 | 1.5016 | 1.5050 | 1.5069 |
| Camarilla | 1.4968 | 1.4973 | 1.4978 | 1.4983 | 1.4988 | 1.4993 | 1.4998 |
| Woodie | 1.4904 | 1.4940 | 1.4957 | 1.4993 | 1.5010 | 1.5046 | 1.5063 |
| Fibonacci | 1.4944 | 1.4964 | 1.4976 | 1.4997 | 1.5017 | 1.5029 | 1.5050 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.4737 | 1.4810 | 1.4931 | 1.5004 | 1.5125 | 1.5198 | 1.5319 |
| Camarilla | 1.4999 | 1.5016 | 1.5034 | 1.5052 | 1.5070 | 1.5088 | 1.5105 |
| Woodie | 1.4761 | 1.4822 | 1.4955 | 1.5016 | 1.5149 | 1.5210 | 1.5343 |
| Fibonacci | 1.4810 | 1.4884 | 1.4930 | 1.5004 | 1.5078 | 1.5124 | 1.5198 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.4694 | 1.4799 | 1.4924 | 1.5029 | 1.5154 | 1.5259 | 1.5384 |
| Camarilla | 1.4985 | 1.5006 | 1.5027 | 1.5048 | 1.5069 | 1.5090 | 1.5111 |
| Woodie | 1.4703 | 1.4804 | 1.4933 | 1.5034 | 1.5163 | 1.5264 | 1.5393 |
| Fibonacci | 1.4799 | 1.4887 | 1.4942 | 1.5029 | 1.5117 | 1.5172 | 1.5259 |
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): | 43.53 | |
| MACD (12,26,9): | -0.0009 | |
| Directional Movement: | -10.1738 | |
| AROON (14): | -57.1428 | |
| DEMA (21): | 1.4975 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.4986 | |
| Elder Ray (13): | -0.0001 | |
| Super Trend (3,10): | 1.5014 | |
| Zig ZAG (10): | 1.4980 | |
| VORTEX (21): | 0.9179 | |
| Stochastique (14,3,5): | 30.86 | |
| TEMA (21): | 1.4973 | |
| Williams %R (14): | -74.07 | |
| Chande Momentum Oscillator (20): | -0.0010 | |
| Repulse (5,40,3): | -0.0475 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0097 | |
| Courbe Coppock: | 0.20 |
| MA7: | 1.5000 | |
| MA20: | 1.5006 | |
| MA50: | 1.4976 | |
| MA100: | 1.4815 | |
| MAexp7: | 1.4979 | |
| MAexp20: | 1.4987 | |
| MAexp50: | 1.5001 | |
| MAexp100: | 1.5004 | |
| Price / MA7: | -0.13% | |
| Price / MA20: | -0.17% | |
| Price / MA50: | +0.03% | |
| Price / MA100: | +1.11% | |
| Price / MAexp7: | +0.01% | |
| Price / MAexp20: | -0.05% | |
| Price / MAexp50: | -0.14% | |
| Price / MAexp100: | -0.16% |
Quotes :
2020-09-16 07:31:48
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Real time data
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Forex
This member declared not having a position on this financial instrument or a related financial instrument.
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