AUD/SGD

- SGD (-)

- Real time data - Forex

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Change:	-
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High / Low range:	-

Type:	Forex
Ticker:	AUDSGD
ISIN:

AUD/SGD - Weekly - Technical analysis published on 11/17/2023 (GMT)

Londinia

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Timeframe : Weekly
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

39%

28%

33%

My opinion

Bearish under 0.8829 SGD

My targets

0.8620 SGD (-0.0101)

0.8337 SGD (-0.0384)

My analysis

AUD/SGD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.8829 SGD. The next support located at 0.8620 SGD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.8337 SGD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.

Force

5.7

Comment on the analysis

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 hannahfreeman. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The AUD/SGD price is 0.8721 SGD. The price is up +0.77% over 5 days and was traded between 0.8638 SGD and 0.8814 SGD over the period. The price is currently at +0.96% from its lowest point and -1.06% from its highest point.

0.8638

0.8814

0.8721

Here is a more detailed summary of the historical variations registered by AUD/SGD:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of AUD/SGD in Weekly shows a overall strongly 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.

On the 18 technical indicators analysed, 7 are bullish, 6 are neutral and 5 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Momentum indicator is back over 0

Type : Bullish

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near support of triangle

Type : Bullish

Timeframe : Weekly

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	0.8337	0.8620	0.8721	0.8829	0.9156	0.9477
Change (%)	-4.40%	-1.16%	-	+1.24%	+4.99%	+8.67%
Change	-0.0384	-0.0101	-	+0.0108	+0.0435	+0.0756
Level	Major	Major	-	Major	Major	Minor

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	0.8595	0.8652	0.8683	0.8740	0.8771	0.8828	0.8859
Camarilla	0.8690	0.8698	0.8706	0.8714	0.8722	0.8730	0.8738
Woodie	0.8582	0.8646	0.8670	0.8734	0.8758	0.8822	0.8846
Fibonacci	0.8652	0.8686	0.8706	0.8740	0.8774	0.8794	0.8828

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.8388	0.8508	0.8581	0.8701	0.8774	0.8894	0.8967
Camarilla	0.8601	0.8619	0.8636	0.8654	0.8672	0.8689	0.8707
Woodie	0.8365	0.8496	0.8558	0.8689	0.8751	0.8882	0.8944
Fibonacci	0.8508	0.8582	0.8627	0.8701	0.8775	0.8820	0.8894

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.8394	0.8502	0.8591	0.8699	0.8788	0.8896	0.8985
Camarilla	0.8625	0.8643	0.8661	0.8679	0.8697	0.8715	0.8733
Woodie	0.8384	0.8497	0.8581	0.8694	0.8778	0.8891	0.8975
Fibonacci	0.8502	0.8578	0.8624	0.8699	0.8775	0.8821	0.8896

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	45.00
MACD (12,26,9):	-0.0074
Directional Movement:	-3.6167
AROON (14):	-78.5714
DEMA (21):	0.8673
Parabolic SAR (0,02-0,02-0,2):	0.8615
Elder Ray (13):	-0.0013
Super Trend (3,10):	0.9108
Zig ZAG (10):	0.8727
VORTEX (21):	0.8793
Stochastique (14,3,5):	40.76
TEMA (21):	0.8680
Williams %R (14):	-52.65
Chande Momentum Oscillator (20):	0.0039
Repulse (5,40,3):	-0.2291
ROCnROLL:	2
TRIX (15,9):	-0.1270
Courbe Coppock:	3.22

MA7:	0.8711
MA20:	0.8711
MA50:	0.8725
MA100:	0.8787
MAexp7:	0.8715
MAexp20:	0.8774
MAexp50:	0.8943
MAexp100:	0.9172
Price / MA7:	+0.11%
Price / MA20:	+0.11%
Price / MA50:	-0.05%
Price / MA100:	-0.75%
Price / MAexp7:	+0.07%
Price / MAexp20:	-0.60%
Price / MAexp50:	-2.48%
Price / MAexp100:	-4.92%

Quotes : - Real time data - Forex

This member declared not having a position on this financial instrument or a related financial instrument.

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