CHF/SGD
CHF SGD
1.4928 SGD (-0.10%)
Real time data - Forex
Open: 1.4943
Change: -0.0015
Volume: 57,235
Low: 1.4906
High: 1.4946
High / Low range: 0.0040
Type: Forex
Ticker: CHFSGD
ISIN:

CHF/SGD - 1H - Technical analysis published on 09/16/2020

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  • Timeframe : 1H
  • - Analysis generated on 2020-09-16 07:31:49
  • Status : TARGET REACHED

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

Complete this analysis for another time unit:
15 min. Daily Weekly
Attention: This analysis is for information purposes only and does not constitute personalized investment advice or an incentive 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 analysis. 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.

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.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by CHF/SGD:
The Central Records scanner for higher/lower results shows the following items:

Central Records

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:

Central Indicators

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:

Central Patterns

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


S3S2S1PriceR1R2R3
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
Standard1.49101.49441.49631.49971.50161.50501.5069
Camarilla1.49681.49731.49781.49831.49881.49931.4998
Woodie1.49041.49401.49571.49931.50101.50461.5063
Fibonacci1.49441.49641.49761.49971.50171.50291.5050


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.47371.48101.49311.50041.51251.51981.5319
Camarilla1.49991.50161.50341.50521.50701.50881.5105
Woodie1.47611.48221.49551.50161.51491.52101.5343
Fibonacci1.48101.48841.49301.50041.50781.51241.5198


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.46941.47991.49241.50291.51541.52591.5384
Camarilla1.49851.50061.50271.50481.50691.50901.5111
Woodie1.47031.48041.49331.50341.51631.52641.5393
Fibonacci1.47991.48871.49421.50291.51171.51721.5259

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 - Real time data - Forex

This member declared not having a position on this financial instrument or a related financial instrument.

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