CHF/SGD - 1H - Technical analysis published on 07/26/2021 (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
Short term:
Strongly bullish
Underlying:
Neutral
Technical indicators
83%
0%
17%
My opinion
Bullish above 1.4795 SGD
My targets
1.4876 SGD (+0.0057)
1.4901 SGD (+0.0082)
My analysis
The strong short-term increase of CHF/SGD should quickly allow the basic trend to become bullish. As long as the price remains above the support located at 1.4795 SGD, a purchase could be considered. The first bullish objective is located at 1.4876 SGD. The bullish momentum would be boosted by a break in this resistance. Buyers could then target the resistance located at 1.4901 SGD. If there is any crossing, the next objective would be the resistance at 1.5011 SGD. Caution, if there is a return under 1.4795 SGD, it should not be forgotten that the basic trend is not yet clear. Caution would then be required.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
4.5
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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 1.4819 SGD. The price registered an increase of +0.11% on the session with the lowest point at 1.4757 SGD and the highest point at 1.4819 SGD. The deviation from the price is +0.42% for the low point and 0% for the high point.1.4757
1.4819
1.4819
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
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
Technical
A technical analysis in 1H of this CHF/SGD chart shows a neutral trend. The trend could quickly turn bullish due to the strong bullish signals currently 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, 15 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
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
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 | 1.4763 | 1.4795 | 1.4812 | 1.4819 | 1.4827 | 1.4876 | 1.4901 |
| Change (%) | -0.38% | -0.16% | -0.05% | - | +0.05% | +0.38% | +0.55% |
| Change | -0.0056 | -0.0024 | -0.0007 | - | +0.0008 | +0.0057 | +0.0082 |
| Level | Major | Intermediate | Intermediate | - | Major | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.4716 | 1.4736 | 1.4769 | 1.4789 | 1.4822 | 1.4842 | 1.4875 |
| Camarilla | 1.4788 | 1.4793 | 1.4798 | 1.4803 | 1.4808 | 1.4813 | 1.4818 |
| Woodie | 1.4724 | 1.4739 | 1.4777 | 1.4792 | 1.4830 | 1.4845 | 1.4883 |
| Fibonacci | 1.4736 | 1.4756 | 1.4768 | 1.4789 | 1.4809 | 1.4821 | 1.4842 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.4566 | 1.4653 | 1.4728 | 1.4815 | 1.4890 | 1.4977 | 1.5052 |
| Camarilla | 1.4759 | 1.4773 | 1.4788 | 1.4803 | 1.4818 | 1.4833 | 1.4848 |
| Woodie | 1.4560 | 1.4650 | 1.4722 | 1.4812 | 1.4884 | 1.4974 | 1.5046 |
| Fibonacci | 1.4653 | 1.4715 | 1.4753 | 1.4815 | 1.4877 | 1.4915 | 1.4977 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.4150 | 1.4337 | 1.4439 | 1.4626 | 1.4728 | 1.4915 | 1.5017 |
| Camarilla | 1.4462 | 1.4488 | 1.4515 | 1.4541 | 1.4568 | 1.4594 | 1.4621 |
| Woodie | 1.4108 | 1.4316 | 1.4397 | 1.4605 | 1.4686 | 1.4894 | 1.4975 |
| Fibonacci | 1.4337 | 1.4447 | 1.4516 | 1.4626 | 1.4736 | 1.4805 | 1.4915 |
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): | 63.10 | |
| MACD (12,26,9): | 0.0007 | |
| Directional Movement: | 13.7512 | |
| AROON (14): | 71.4286 | |
| DEMA (21): | 1.4803 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.4772 | |
| Elder Ray (13): | 0.0014 | |
| Super Trend (3,10): | 1.4775 | |
| Zig ZAG (10): | 1.4814 | |
| VORTEX (21): | 1.1197 | |
| Stochastique (14,3,5): | 92.28 | |
| TEMA (21): | 1.4814 | |
| Williams %R (14): | -11.29 | |
| Chande Momentum Oscillator (20): | 0.0024 | |
| Repulse (5,40,3): | 0.0089 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0026 | |
| Courbe Coppock: | 0.42 |
| MA7: | 1.4816 | |
| MA20: | 1.4722 | |
| MA50: | 1.4723 | |
| MA100: | 1.4616 | |
| MAexp7: | 1.4808 | |
| MAexp20: | 1.4797 | |
| MAexp50: | 1.4799 | |
| MAexp100: | 1.4805 | |
| Price / MA7: | +0.02% | |
| Price / MA20: | +0.66% | |
| Price / MA50: | +0.65% | |
| Price / MA100: | +1.39% | |
| Price / MAexp7: | +0.07% | |
| Price / MAexp20: | +0.15% | |
| Price / MAexp50: | +0.14% | |
| Price / MAexp100: | +0.09% |
Quotes :
-
Real time data
-
Forex
This member declared not having a position on this financial instrument or a related financial instrument.
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