Londinia Opportunities Analyses - 01/20/2022 (GMT) CHF/SGD - 1H
- FX/Indices
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
11%
72%
17%
My opinion
Bearish under 1.4699 SGD
My targets
1.4624 SGD (-0.0047)
1.4597 SGD (-0.0074)
My analysis
The bearish trend is currently very strong for CHF/SGD. As long as the price remains below the resistance at 1.4699 SGD, you could try to take advantage of the bearish rally. The first bearish objective is located at 1.4624 SGD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 1.4597 SGD as an objective. Crossing it would then enable sellers to target 1.4577 SGD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
8
Analysis too old. There are no more charts available.
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.
Additional analysis
Quotes
The CHF/SGD price is 1.4671 SGD. On the day, this instrument lost -0.33% and was traded between 1.4662 SGD and 1.4732 SGD over the period. The price is currently at +0.06% from its lowest and -0.41% from its highest.1.4662
1.4732
1.4671
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 sharp bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 13 technical indicators on 18 studied are currently bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
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 | 1.4597 | 1.4624 | 1.4671 | 1.4671 | 1.4699 | 1.4724 | 1.4753 |
| Change (%) | -0.50% | -0.32% | 0% | - | +0.19% | +0.36% | +0.56% |
| Change | -0.0074 | -0.0047 | 0 | - | +0.0028 | +0.0053 | +0.0082 |
| Level | Intermediate | Major | Minor | - | Intermediate | 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 | 1.4640 | 1.4670 | 1.4694 | 1.4724 | 1.4748 | 1.4778 | 1.4802 |
| Camarilla | 1.4704 | 1.4709 | 1.4714 | 1.4719 | 1.4724 | 1.4729 | 1.4734 |
| Woodie | 1.4638 | 1.4669 | 1.4692 | 1.4723 | 1.4746 | 1.4777 | 1.4800 |
| Fibonacci | 1.4670 | 1.4690 | 1.4703 | 1.4724 | 1.4744 | 1.4757 | 1.4778 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.4430 | 1.4514 | 1.4628 | 1.4712 | 1.4826 | 1.4910 | 1.5024 |
| Camarilla | 1.4689 | 1.4707 | 1.4725 | 1.4743 | 1.4761 | 1.4779 | 1.4798 |
| Woodie | 1.4446 | 1.4522 | 1.4644 | 1.4720 | 1.4842 | 1.4918 | 1.5040 |
| Fibonacci | 1.4514 | 1.4589 | 1.4636 | 1.4712 | 1.4787 | 1.4834 | 1.4910 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.4432 | 1.4579 | 1.4680 | 1.4827 | 1.4928 | 1.5075 | 1.5176 |
| Camarilla | 1.4714 | 1.4737 | 1.4759 | 1.4782 | 1.4805 | 1.4828 | 1.4850 |
| Woodie | 1.4410 | 1.4568 | 1.4658 | 1.4816 | 1.4906 | 1.5064 | 1.5154 |
| Fibonacci | 1.4579 | 1.4673 | 1.4732 | 1.4827 | 1.4921 | 1.4980 | 1.5075 |
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): | 32.66 | |
| MACD (12,26,9): | -0.0013 | |
| Directional Movement: | -13.4163 | |
| AROON (14): | -71.4285 | |
| DEMA (21): | 1.4681 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.4696 | |
| Elder Ray (13): | -0.0022 | |
| Super Trend (3,10): | 1.4715 | |
| Zig ZAG (10): | 1.4672 | |
| VORTEX (21): | 0.8585 | |
| Stochastique (14,3,5): | 6.72 | |
| TEMA (21): | 1.4674 | |
| Williams %R (14): | -84.29 | |
| Chande Momentum Oscillator (20): | -0.0050 | |
| Repulse (5,40,3): | -0.0902 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0083 | |
| Courbe Coppock: | 0.51 |
| MA7: | 1.4731 | |
| MA20: | 1.4747 | |
| MA50: | 1.4754 | |
| MA100: | 1.4701 | |
| MAexp7: | 1.4679 | |
| MAexp20: | 1.4696 | |
| MAexp50: | 1.4712 | |
| MAexp100: | 1.4723 | |
| Price / MA7: | -0.41% | |
| Price / MA20: | -0.52% | |
| Price / MA50: | -0.56% | |
| Price / MA100: | -0.20% | |
| Price / MAexp7: | -0.05% | |
| Price / MAexp20: | -0.17% | |
| Price / MAexp50: | -0.28% | |
| Price / MAexp100: | -0.35% |
Quotes :
-
Real time data
-
Forex