EUR/SGD - 1H - Technical analysis published on 09/16/2022 (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:
Bullish
Technical indicators
61%
6%
33%
My opinion
Bullish above 1.4004 SGD
My targets
1.4139 SGD (+0.0066)
1.4235 SGD (+0.0162)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on EUR/SGD as long as the price remains well above 1.4004 SGD. The buyers' bullish objective is set at 1.4139 SGD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.4235 SGD. If there is any crossing, the next objective would be the resistance located at 1.4493 SGD.
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
5.9
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Additional analysis
Quotes
The EUR/SGD rating is 1.4073 SGD. On the day, this instrument lost -0.05% and was between 1.4023 SGD and 1.4115 SGD. This implies that the price is at +0.36% from its lowest and at -0.30% from its highest.1.4023
1.4115
1.4073
A study of price movements over other periods shows the following variations:
Near a new LOW record (5 years)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of EUR/SGD in 1H shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
The probability of a further increase are moderate given the direction of the technical indicators.
The Central Indicators scanner found no further results concerning independent technical indicators.
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 1.3921 | 1.4004 | 1.4065 | 1.4073 | 1.4139 | 1.4235 | 1.4493 |
| Change (%) | -1.08% | -0.49% | -0.06% | - | +0.47% | +1.15% | +2.98% |
| Change | -0.0152 | -0.0069 | -0.0008 | - | +0.0066 | +0.0162 | +0.0420 |
| Level | Minor | Intermediate | Major | - | Major | Intermediate | 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 | 1.3924 | 1.3963 | 1.4022 | 1.4061 | 1.4120 | 1.4159 | 1.4218 |
| Camarilla | 1.4053 | 1.4062 | 1.4071 | 1.4080 | 1.4089 | 1.4098 | 1.4107 |
| Woodie | 1.3933 | 1.3968 | 1.4031 | 1.4066 | 1.4129 | 1.4164 | 1.4227 |
| Fibonacci | 1.3963 | 1.4001 | 1.4024 | 1.4061 | 1.4099 | 1.4122 | 1.4159 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.3677 | 1.3781 | 1.3916 | 1.4020 | 1.4155 | 1.4259 | 1.4394 |
| Camarilla | 1.3986 | 1.4008 | 1.4030 | 1.4052 | 1.4074 | 1.4096 | 1.4118 |
| Woodie | 1.3694 | 1.3789 | 1.3933 | 1.4028 | 1.4172 | 1.4267 | 1.4411 |
| Fibonacci | 1.3781 | 1.3872 | 1.3928 | 1.4020 | 1.4111 | 1.4167 | 1.4259 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.3512 | 1.3675 | 1.3858 | 1.4021 | 1.4204 | 1.4367 | 1.4550 |
| Camarilla | 1.3946 | 1.3978 | 1.4009 | 1.4041 | 1.4073 | 1.4104 | 1.4136 |
| Woodie | 1.3522 | 1.3680 | 1.3868 | 1.4026 | 1.4214 | 1.4372 | 1.4560 |
| Fibonacci | 1.3675 | 1.3807 | 1.3889 | 1.4021 | 1.4153 | 1.4235 | 1.4367 |
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): | 53.07 | |
| MACD (12,26,9): | 0.0004 | |
| Directional Movement: | 7.7652 | |
| AROON (14): | 14.2857 | |
| DEMA (21): | 1.4077 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.4028 | |
| Elder Ray (13): | 0.0013 | |
| Super Trend (3,10): | 1.4013 | |
| Zig ZAG (10): | 1.4079 | |
| VORTEX (21): | 0.9897 | |
| Stochastique (14,3,5): | 67.39 | |
| TEMA (21): | 1.4077 | |
| Williams %R (14): | -36.96 | |
| Chande Momentum Oscillator (20): | 0.0009 | |
| Repulse (5,40,3): | 0.0337 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0024 | |
| Courbe Coppock: | 0.11 |
| MA7: | 1.4067 | |
| MA20: | 1.3987 | |
| MA50: | 1.4053 | |
| MA100: | 1.4325 | |
| MAexp7: | 1.4077 | |
| MAexp20: | 1.4071 | |
| MAexp50: | 1.4066 | |
| MAexp100: | 1.4064 | |
| Price / MA7: | +0.04% | |
| Price / MA20: | +0.61% | |
| Price / MA50: | +0.14% | |
| Price / MA100: | -1.76% | |
| Price / MAexp7: | -0.03% | |
| Price / MAexp20: | +0.01% | |
| Price / MAexp50: | +0.05% | |
| Price / MAexp100: | +0.06% |
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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