USD/SGD - 1H - Technical analysis published on 01/14/2020 (GMT)
- Who voted?
- 237
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Bearish
Technical indicators
56%
6%
39%
My opinion
Bearish under 1.3491 SGD
My targets
1.3446 SGD (-0.0030)
1.3419 SGD (-0.0057)
My analysis
The basic trend is bearish on USD/SGD and in the short term, the price is trying to rebound. For the time being, this is only a technical rebound and the basic trend is not threatened. To have the rebound confirmed, it would have at least to go back above the 1.3491 SGD. Buyers would then use the next resistance located at 1.3512 SGD as an objective. Crossing it would then enable buyers to target 1.3531 SGD. If there is a return to below the support located at 1.3446 SGD, this would be a sign of a reversal in the basic bearish trend. The next bearish objectives would be 1.3419 SGD and 1.3076 SGD by extension.
In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
FORCE
0
10
0
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 USD/SGD rating is 1.3476 SGD. The price registered an increase of +0.06% on the session with the lowest point at 1.3456 SGD and the highest point at 1.3482 SGD. The deviation from the price is +0.15% for the low point and -0.04% for the high point.1.3456
1.3482
1.3476
A study of price movements over other periods shows the following variations:
Near a new LOW record (5 years)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this USD/SGD chart shows a bearish trend. 64.29% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently given by short-term moving averages show a possible weakening of the global trend. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
The technical indicators are bullish. There is still some doubt about the price increase.
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
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 1.3076 | 1.3446 | 1.3467 | 1.3476 | 1.3477 | 1.3491 | 1.3512 |
| Change (%) | -2.97% | -0.22% | -0.07% | - | +0.01% | +0.11% | +0.27% |
| Change | -0.0400 | -0.0030 | -0.0009 | - | +0.0001 | +0.0015 | +0.0036 |
| Level | Minor | Minor | 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 | 1.3425 | 1.3442 | 1.3455 | 1.3472 | 1.3485 | 1.3502 | 1.3515 |
| Camarilla | 1.3460 | 1.3463 | 1.3465 | 1.3468 | 1.3471 | 1.3474 | 1.3476 |
| Woodie | 1.3423 | 1.3441 | 1.3453 | 1.3471 | 1.3483 | 1.3501 | 1.3513 |
| Fibonacci | 1.3442 | 1.3454 | 1.3461 | 1.3472 | 1.3484 | 1.3491 | 1.3502 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.3419 | 1.3448 | 1.3468 | 1.3497 | 1.3517 | 1.3546 | 1.3566 |
| Camarilla | 1.3475 | 1.3479 | 1.3484 | 1.3488 | 1.3493 | 1.3497 | 1.3502 |
| Woodie | 1.3415 | 1.3446 | 1.3464 | 1.3495 | 1.3513 | 1.3544 | 1.3562 |
| Fibonacci | 1.3448 | 1.3467 | 1.3478 | 1.3497 | 1.3516 | 1.3527 | 1.3546 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.3126 | 1.3286 | 1.3372 | 1.3532 | 1.3618 | 1.3778 | 1.3864 |
| Camarilla | 1.3391 | 1.3414 | 1.3437 | 1.3459 | 1.3482 | 1.3504 | 1.3527 |
| Woodie | 1.3090 | 1.3268 | 1.3336 | 1.3514 | 1.3582 | 1.3760 | 1.3828 |
| Fibonacci | 1.3286 | 1.3380 | 1.3438 | 1.3532 | 1.3626 | 1.3684 | 1.3778 |
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): | 54.94 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 4.4408 | |
| AROON (14): | 57.1428 | |
| DEMA (21): | 1.3470 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.3459 | |
| Elder Ray (13): | 0.0006 | |
| Super Trend (3,10): | 1.3478 | |
| Zig ZAG (10): | 1.3474 | |
| VORTEX (21): | 1.0224 | |
| Stochastique (14,3,5): | 75.64 | |
| TEMA (21): | 1.3474 | |
| Williams %R (14): | -30.77 | |
| Chande Momentum Oscillator (20): | 0.0008 | |
| Repulse (5,40,3): | -0.0208 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0020 | |
| Courbe Coppock: | 0.08 |
| MA7: | 1.3493 | |
| MA20: | 1.3509 | |
| MA50: | 1.3570 | |
| MA100: | 1.3659 | |
| MAexp7: | 1.3473 | |
| MAexp20: | 1.3471 | |
| MAexp50: | 1.3476 | |
| MAexp100: | 1.3484 | |
| Price / MA7: | -0.13% | |
| Price / MA20: | -0.24% | |
| Price / MA50: | -0.69% | |
| Price / MA100: | -1.34% | |
| Price / MAexp7: | +0.02% | |
| Price / MAexp20: | +0.04% | |
| Price / MAexp50: | -0% | |
| Price / MAexp100: | -0.06% |
News
The latest news and videos published on USD/SGD at the time of the analysis were as follows:
USD/SGD "To Hit 2009 Highs"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 USD/SGD - 1H