CHF/SGD - 1H - Technical analysis published on 02/17/2021 (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
22%
67%
11%
My opinion
Bearish under 1.4871 SGD
My targets
1.4812 SGD (-0.0032)
1.4788 SGD (-0.0056)
My analysis
The bearish trend is currently very strong for CHF/SGD. As long as the price remains below the resistance at 1.4871 SGD, you could try to take advantage of the bearish rally. The first bearish objective is located at 1.4812 SGD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 1.4788 SGD as an objective. Crossing it would then enable sellers to target 1.4713 SGD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
7.1
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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 price is 1.4844 SGD. The price is lower by -0.20% since the last closing with the lowest point at 1.4831 SGD and the highest point at 1.4880 SGD. The deviation from the price is +0.09% for the low point and -0.24% for the high point.1.4831
1.4880
1.4844
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:
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. 89.29% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from 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, 4 are bullish, 2 are neutral and 12 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Support of triangle is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 1.4788 | 1.4812 | 1.4837 | 1.4844 | 1.4855 | 1.4871 | 1.4884 |
Change (%) | -0.38% | -0.22% | -0.05% | - | +0.07% | +0.18% | +0.27% |
Change | -0.0056 | -0.0032 | -0.0007 | - | +0.0011 | +0.0027 | +0.0040 |
Level | Intermediate | Intermediate | Minor | - | Intermediate | Minor | Minor |
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 | 1.4787 | 1.4821 | 1.4847 | 1.4881 | 1.4907 | 1.4941 | 1.4967 |
Camarilla | 1.4858 | 1.4863 | 1.4869 | 1.4874 | 1.4880 | 1.4885 | 1.4891 |
Woodie | 1.4784 | 1.4819 | 1.4844 | 1.4879 | 1.4904 | 1.4939 | 1.4964 |
Fibonacci | 1.4821 | 1.4844 | 1.4858 | 1.4881 | 1.4904 | 1.4918 | 1.4941 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.4708 | 1.4759 | 1.4809 | 1.4860 | 1.4910 | 1.4961 | 1.5011 |
Camarilla | 1.4830 | 1.4840 | 1.4849 | 1.4858 | 1.4867 | 1.4877 | 1.4886 |
Woodie | 1.4707 | 1.4759 | 1.4808 | 1.4860 | 1.4909 | 1.4961 | 1.5010 |
Fibonacci | 1.4759 | 1.4798 | 1.4822 | 1.4860 | 1.4899 | 1.4923 | 1.4961 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.4688 | 1.4778 | 1.4850 | 1.4940 | 1.5012 | 1.5102 | 1.5174 |
Camarilla | 1.4876 | 1.4891 | 1.4906 | 1.4921 | 1.4936 | 1.4951 | 1.4966 |
Woodie | 1.4678 | 1.4774 | 1.4840 | 1.4936 | 1.5002 | 1.5098 | 1.5164 |
Fibonacci | 1.4778 | 1.4840 | 1.4878 | 1.4940 | 1.5002 | 1.5040 | 1.5102 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
RSI (14): | 36.11 | |
MACD (12,26,9): | -0.0007 | |
Directional Movement: | -13.5814 | |
AROON (14): | -92.8571 | |
DEMA (21): | 1.4857 | |
Parabolic SAR (0,02-0,02-0,2): | 1.4866 | |
Elder Ray (13): | -0.0011 | |
Super Trend (3,10): | 1.4880 | |
Zig ZAG (10): | 1.4850 | |
VORTEX (21): | 0.9308 | |
Stochastique (14,3,5): | 34.01 | |
TEMA (21): | 1.4849 | |
Williams %R (14): | -67.35 | |
Chande Momentum Oscillator (20): | -0.0027 | |
Repulse (5,40,3): | 0.0197 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.0034 | |
Courbe Coppock: | 0.27 |
MA7: | 1.4868 | |
MA20: | 1.4886 | |
MA50: | 1.4947 | |
MA100: | 1.4902 | |
MAexp7: | 1.4854 | |
MAexp20: | 1.4865 | |
MAexp50: | 1.4869 | |
MAexp100: | 1.4868 | |
Price / MA7: | -0.16% | |
Price / MA20: | -0.28% | |
Price / MA50: | -0.69% | |
Price / MA100: | -0.39% | |
Price / MAexp7: | -0.07% | |
Price / MAexp20: | -0.14% | |
Price / MAexp50: | -0.17% | |
Price / MAexp100: | -0.16% |
Quotes :
2021-02-17 11:15:08
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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.
About author
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