Londinia Opportunities Analyses - 01/26/2023 (GMT) AUD/SGD - 1H
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
- FX/Indices
- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 0.9307 SGD
My targets
0.9368 SGD (+0.0032)
0.9475 SGD (+0.0139)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on AUD/SGD as long as the price remains well above 0.9307 SGD. The buyers' bullish objective is set at 0.9368 SGD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.9475 SGD. If there is any crossing, the next objective would be the resistance located at 0.9845 SGD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
8.2
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
AUD/SGD rating 0.9336 SGD. The price has increased by +0.12% since the last closing with the lowest point at 0.9314 SGD and the highest point at 0.9345 SGD. The deviation from the price is +0.24% for the low point and -0.10% for the high point.0.9314
0.9345
0.9336
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by AUD/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 AUD/SGD chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : 1 hour
In fact, 13 technical indicators on 18 studied are currently positioned bullish. The Central Indicators scanner found this result concerning these indicators:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Bearish harami
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.9257 | 0.9307 | 0.9335 | 0.9336 | 0.9368 | 0.9475 | 0.9845 |
| Change (%) | -0.85% | -0.31% | -0.01% | - | +0.34% | +1.49% | +5.45% |
| Change | -0.0079 | -0.0029 | -0.0001 | - | +0.0032 | +0.0139 | +0.0509 |
| Level | Minor | Major | Minor | - | Major | Major | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9209 | 0.9250 | 0.9287 | 0.9328 | 0.9365 | 0.9406 | 0.9443 |
| Camarilla | 0.9304 | 0.9311 | 0.9318 | 0.9325 | 0.9332 | 0.9339 | 0.9347 |
| Woodie | 0.9208 | 0.9249 | 0.9286 | 0.9327 | 0.9364 | 0.9405 | 0.9442 |
| Fibonacci | 0.9250 | 0.9280 | 0.9298 | 0.9328 | 0.9358 | 0.9376 | 0.9406 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.8920 | 0.9013 | 0.9099 | 0.9192 | 0.9278 | 0.9371 | 0.9457 |
| Camarilla | 0.9135 | 0.9151 | 0.9168 | 0.9184 | 0.9200 | 0.9217 | 0.9233 |
| Woodie | 0.8916 | 0.9011 | 0.9095 | 0.9190 | 0.9274 | 0.9369 | 0.9453 |
| Fibonacci | 0.9013 | 0.9082 | 0.9124 | 0.9192 | 0.9261 | 0.9303 | 0.9371 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.8698 | 0.8838 | 0.8988 | 0.9128 | 0.9278 | 0.9418 | 0.9568 |
| Camarilla | 0.9057 | 0.9084 | 0.9110 | 0.9137 | 0.9164 | 0.9190 | 0.9217 |
| Woodie | 0.8702 | 0.8841 | 0.8992 | 0.9131 | 0.9282 | 0.9421 | 0.9572 |
| Fibonacci | 0.8838 | 0.8949 | 0.9018 | 0.9128 | 0.9239 | 0.9308 | 0.9418 |
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): | 58.25 | |
| MACD (12,26,9): | 0.0006 | |
| Directional Movement: | 5.9331 | |
| AROON (14): | 85.7143 | |
| DEMA (21): | 0.9336 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.9301 | |
| Elder Ray (13): | 0.0007 | |
| Super Trend (3,10): | 0.9364 | |
| Zig ZAG (10): | 0.9336 | |
| VORTEX (21): | 1.0063 | |
| Stochastique (14,3,5): | 81.02 | |
| TEMA (21): | 0.9332 | |
| Williams %R (14): | -18.75 | |
| Chande Momentum Oscillator (20): | 0.0026 | |
| Repulse (5,40,3): | 0.0473 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0077 | |
| Courbe Coppock: | 0.40 |
| MA7: | 0.9245 | |
| MA20: | 0.9194 | |
| MA50: | 0.9168 | |
| MA100: | 0.9176 | |
| MAexp7: | 0.9333 | |
| MAexp20: | 0.9327 | |
| MAexp50: | 0.9308 | |
| MAexp100: | 0.9276 | |
| Price / MA7: | +0.98% | |
| Price / MA20: | +1.54% | |
| Price / MA50: | +1.83% | |
| Price / MA100: | +1.74% | |
| Price / MAexp7: | +0.03% | |
| Price / MAexp20: | +0.10% | |
| Price / MAexp50: | +0.30% | |
| Price / MAexp100: | +0.65% |
Quotes :
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Real time data
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Forex