USD/SGD - 1H - Technical analysis published on 01/15/2021 (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 bullish
De fond:
Bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 1.3255 SGD
My targets
1.3324 SGD (+0.0031)
1.3348 SGD (+0.0055)
My analysis
USD/SGD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 1.3255 SGD. The next resistance located at 1.3324 SGD is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 1.3348 SGD. After this resistance, buyers could then target 1.3465 SGD.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
6.8
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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
USD/SGD rating 1.3293 SGD. On the day, this instrument gained +0.38% and was traded between 1.3238 SGD and 1.3303 SGD over the period. The price is currently at +0.42% from its lowest and -0.08% from its highest.1.3238
1.3303
1.3293
Here is a more detailed summary of the historical variations registered by USD/SGD:
Near a new LOW record (5 years)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of USD/SGD in 1H shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals 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, 16 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
Pivot points : price is over resistance 1
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 these signals:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
Resistance of triangle is broken
Type : Bullish
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 | 1.3241 | 1.3255 | 1.3284 | 1.3293 | 1.3324 | 1.3348 | 1.3465 |
| Change (%) | -0.39% | -0.29% | -0.07% | - | +0.23% | +0.41% | +1.29% |
| Change | -0.0052 | -0.0038 | -0.0009 | - | +0.0031 | +0.0055 | +0.0172 |
| Level | Minor | Minor | Intermediate | - | Major | Intermediate | Major |
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 | 1.3172 | 1.3202 | 1.3223 | 1.3253 | 1.3274 | 1.3304 | 1.3325 |
| Camarilla | 1.3229 | 1.3234 | 1.3238 | 1.3243 | 1.3248 | 1.3252 | 1.3257 |
| Woodie | 1.3167 | 1.3200 | 1.3218 | 1.3251 | 1.3269 | 1.3302 | 1.3320 |
| Fibonacci | 1.3202 | 1.3222 | 1.3234 | 1.3253 | 1.3273 | 1.3285 | 1.3304 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.3047 | 1.3102 | 1.3178 | 1.3233 | 1.3309 | 1.3364 | 1.3440 |
| Camarilla | 1.3218 | 1.3230 | 1.3242 | 1.3254 | 1.3266 | 1.3278 | 1.3290 |
| Woodie | 1.3058 | 1.3107 | 1.3189 | 1.3238 | 1.3320 | 1.3369 | 1.3451 |
| Fibonacci | 1.3102 | 1.3152 | 1.3183 | 1.3233 | 1.3283 | 1.3314 | 1.3364 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.2927 | 1.3065 | 1.3142 | 1.3280 | 1.3357 | 1.3495 | 1.3572 |
| Camarilla | 1.3159 | 1.3179 | 1.3198 | 1.3218 | 1.3238 | 1.3257 | 1.3277 |
| Woodie | 1.2896 | 1.3050 | 1.3111 | 1.3265 | 1.3326 | 1.3480 | 1.3541 |
| Fibonacci | 1.3065 | 1.3148 | 1.3198 | 1.3280 | 1.3363 | 1.3413 | 1.3495 |
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): | 63.82 | |
| MACD (12,26,9): | 0.0007 | |
| Directional Movement: | 17.0825 | |
| AROON (14): | 100.0000 | |
| DEMA (21): | 1.3276 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.3247 | |
| Elder Ray (13): | 0.0014 | |
| Super Trend (3,10): | 1.3250 | |
| Zig ZAG (10): | 1.3294 | |
| VORTEX (21): | 1.2573 | |
| Stochastique (14,3,5): | 95.16 | |
| TEMA (21): | 1.3290 | |
| Williams %R (14): | -7.02 | |
| Chande Momentum Oscillator (20): | 0.0043 | |
| Repulse (5,40,3): | 0.0921 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0048 | |
| Courbe Coppock: | 0.55 |
| MA7: | 1.3261 | |
| MA20: | 1.3261 | |
| MA50: | 1.3350 | |
| MA100: | 1.3489 | |
| MAexp7: | 1.3284 | |
| MAexp20: | 1.3267 | |
| MAexp50: | 1.3263 | |
| MAexp100: | 1.3260 | |
| Price / MA7: | +0.24% | |
| Price / MA20: | +0.24% | |
| Price / MA50: | -0.43% | |
| Price / MA100: | -1.45% | |
| Price / MAexp7: | +0.07% | |
| Price / MAexp20: | +0.20% | |
| Price / MAexp50: | +0.23% | |
| Price / MAexp100: | +0.25% |
Quotes :
2021-01-15 14:46:08
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Real time data
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Forex
News
The last news published on USD/SGD at the time of the generation of this analysis was as follows:
USD/SGD "To Hit 2009 Highs"This member declared not having a position on this financial instrument or a related financial instrument.
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