USD/SGD - 1H - Technical analysis published on 02/14/2020 (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
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 1.3879 SGD
My targets
1.3991 SGD (+0.0068)
1.4119 SGD (+0.0196)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on USD/SGD as long as the price remains well above 1.3879 SGD. The buyers” bullish objective is set at 1.3991 SGD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.4119 SGD. If there is any crossing, the next objective would be the resistance located at 1.4480 SGD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
8.9
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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 USD/SGD price is 1.3923 SGD. The price has increased by +0.14% since the last closing and was between 1.3886 SGD and 1.3923 SGD. This implies that the price is at +0.27% from its lowest and at 0% from its highest.1.3886
1.3923
1.3923
Here is a more detailed summary of the historical variations registered by USD/SGD:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this USD/SGD chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly 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.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
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
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 1.3850 | 1.3879 | 1.3914 | 1.3923 | 1.4119 | 1.4480 | 1.5565 |
| Change (%) | -0.52% | -0.32% | -0.06% | - | +1.41% | +4.00% | +11.79% |
| Change | -0.0073 | -0.0044 | -0.0009 | - | +0.0196 | +0.0557 | +0.1642 |
| Level | Intermediate | Major | Major | - | Minor | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.3837 | 1.3852 | 1.3878 | 1.3893 | 1.3919 | 1.3934 | 1.3960 |
| Camarilla | 1.3892 | 1.3896 | 1.3899 | 1.3903 | 1.3907 | 1.3911 | 1.3914 |
| Woodie | 1.3842 | 1.3855 | 1.3883 | 1.3896 | 1.3924 | 1.3937 | 1.3965 |
| Fibonacci | 1.3852 | 1.3868 | 1.3878 | 1.3893 | 1.3909 | 1.3919 | 1.3934 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.3447 | 1.3546 | 1.3719 | 1.3818 | 1.3991 | 1.4090 | 1.4263 |
| Camarilla | 1.3818 | 1.3843 | 1.3868 | 1.3893 | 1.3918 | 1.3943 | 1.3968 |
| Woodie | 1.3485 | 1.3565 | 1.3757 | 1.3837 | 1.4029 | 1.4109 | 1.4301 |
| Fibonacci | 1.3546 | 1.3650 | 1.3714 | 1.3818 | 1.3922 | 1.3986 | 1.4090 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.3280 | 1.3363 | 1.3505 | 1.3588 | 1.3730 | 1.3813 | 1.3955 |
| Camarilla | 1.3585 | 1.3606 | 1.3626 | 1.3647 | 1.3668 | 1.3688 | 1.3709 |
| Woodie | 1.3310 | 1.3378 | 1.3535 | 1.3603 | 1.3760 | 1.3828 | 1.3985 |
| Fibonacci | 1.3363 | 1.3449 | 1.3502 | 1.3588 | 1.3674 | 1.3727 | 1.3813 |
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): | 65.85 | |
| MACD (12,26,9): | 0.0008 | |
| Directional Movement: | 20.5482 | |
| AROON (14): | 100.0000 | |
| DEMA (21): | 1.3917 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.3895 | |
| Elder Ray (13): | 0.0010 | |
| Super Trend (3,10): | 1.3897 | |
| Zig ZAG (10): | 1.3921 | |
| VORTEX (21): | 1.1302 | |
| Stochastique (14,3,5): | 94.25 | |
| TEMA (21): | 1.3921 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 0.0027 | |
| Repulse (5,40,3): | 0.0803 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0074 | |
| Courbe Coppock: | 0.27 |
| MA7: | 1.3889 | |
| MA20: | 1.3698 | |
| MA50: | 1.3590 | |
| MA100: | 1.3627 | |
| MAexp7: | 1.3917 | |
| MAexp20: | 1.3906 | |
| MAexp50: | 1.3894 | |
| MAexp100: | 1.3881 | |
| Price / MA7: | +0.24% | |
| Price / MA20: | +1.64% | |
| Price / MA50: | +2.45% | |
| Price / MA100: | +2.17% | |
| Price / MAexp7: | +0.04% | |
| Price / MAexp20: | +0.12% | |
| Price / MAexp50: | +0.21% | |
| Price / MAexp100: | +0.30% |
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.
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