CHF/SGD - 1H - Technical analysis published on 01/12/2021 (GMT)
- 152
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Bearish
De fond:
Strongly bearish
Technical indicators
28%
44%
28%
My opinion
Bearish under 1.4967 SGD
My targets
1.4915 SGD (-0.0017)
1.4899 SGD (-0.0033)
My analysis
The bearish basic trend is very strong on CHF/SGD but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 1.4967 SGD. Crossing the first support at 1.4915 SGD would be a sign of a further potential price plummet. Sellers would then use the next support located at 1.4899 SGD as an objective. Crossing it would then enable sellers to target 1.4713 SGD. Caution, a return to above the resistance located at 1.4967 SGD would be a sign of a possible consolidation phase of the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
5.9
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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CHF/SGD rating is 1.4932 SGD. The price registered a decrease of -0.13% on the session with the lowest point at 1.4911 SGD and the highest point at 1.4953 SGD. The deviation from the price is +0.14% for the low point and -0.14% for the high point.1.4911
1.4953
1.4932
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of CHF/SGD in 1H shows a overall strongly bearish trend. The signals given by moving averages are 89.29% bearish. This strongly bearish trend seems to be slowing down given the slightly bearish signals being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 5 are neutral and 8 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Horizontal support is broken
Type : Bearish
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 | 1.4713 | 1.4899 | 1.4915 | 1.4932 | 1.4933 | 1.4967 | 1.4990 |
| Change (%) | -1.47% | -0.22% | -0.11% | - | +0.01% | +0.23% | +0.39% |
| Change | -0.0219 | -0.0033 | -0.0017 | - | +0.0001 | +0.0035 | +0.0058 |
| Level | Major | Intermediate | Major | - | Intermediate | Minor | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.4850 | 1.4885 | 1.4919 | 1.4954 | 1.4988 | 1.5023 | 1.5057 |
| Camarilla | 1.4933 | 1.4939 | 1.4946 | 1.4952 | 1.4958 | 1.4965 | 1.4971 |
| Woodie | 1.4849 | 1.4885 | 1.4918 | 1.4954 | 1.4987 | 1.5023 | 1.5056 |
| Fibonacci | 1.4885 | 1.4912 | 1.4928 | 1.4954 | 1.4981 | 1.4997 | 1.5023 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.4770 | 1.4835 | 1.4902 | 1.4967 | 1.5034 | 1.5099 | 1.5166 |
| Camarilla | 1.4934 | 1.4946 | 1.4958 | 1.4970 | 1.4982 | 1.4994 | 1.5006 |
| Woodie | 1.4772 | 1.4836 | 1.4904 | 1.4968 | 1.5036 | 1.5100 | 1.5168 |
| Fibonacci | 1.4835 | 1.4885 | 1.4916 | 1.4967 | 1.5017 | 1.5048 | 1.5099 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.4411 | 1.4580 | 1.4758 | 1.4927 | 1.5105 | 1.5274 | 1.5452 |
| Camarilla | 1.4842 | 1.4873 | 1.4905 | 1.4937 | 1.4969 | 1.5001 | 1.5032 |
| Woodie | 1.4417 | 1.4582 | 1.4764 | 1.4929 | 1.5111 | 1.5276 | 1.5458 |
| Fibonacci | 1.4580 | 1.4712 | 1.4794 | 1.4927 | 1.5059 | 1.5141 | 1.5274 |
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): | 42.48 | |
| MACD (12,26,9): | -0.0008 | |
| Directional Movement: | -11.0614 | |
| AROON (14): | -92.8571 | |
| DEMA (21): | 1.4927 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.4953 | |
| Elder Ray (13): | -0.0004 | |
| Super Trend (3,10): | 1.4973 | |
| Zig ZAG (10): | 1.4931 | |
| VORTEX (21): | 0.9680 | |
| Stochastique (14,3,5): | 20.28 | |
| TEMA (21): | 1.4925 | |
| Williams %R (14): | -79.17 | |
| Chande Momentum Oscillator (20): | -0.0020 | |
| Repulse (5,40,3): | -0.1254 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0069 | |
| Courbe Coppock: | 0.24 |
| MA7: | 1.4971 | |
| MA20: | 1.4993 | |
| MA50: | 1.4907 | |
| MA100: | 1.4918 | |
| MAexp7: | 1.4930 | |
| MAexp20: | 1.4938 | |
| MAexp50: | 1.4950 | |
| MAexp100: | 1.4962 | |
| Price / MA7: | -0.26% | |
| Price / MA20: | -0.41% | |
| Price / MA50: | +0.17% | |
| Price / MA100: | +0.09% | |
| Price / MAexp7: | +0.01% | |
| Price / MAexp20: | -0.04% | |
| Price / MAexp50: | -0.12% | |
| Price / MAexp100: | -0.20% |
Quotes :
2021-01-12 11:52:52
-
Real time data
-
Forex
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis CHF/SGD - 1H