AUD/SGD

- SGD (-)

- Real time data - Forex

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Forex
Ticker:	AUDSGD
ISIN:

AUD/SGD - Weekly - Technical analysis published on 11/19/2023 (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

50%

11%

39%

My opinion

Bearish under 0.8985 SGD

My targets

0.8620 SGD (-0.0134)

0.8337 SGD (-0.0417)

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 0.8985 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.

In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.

Force

4.8

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 rating is 0.8754 SGD. The price is up +1.16% over 5 days and was traded between 0.8704 SGD and 0.8814 SGD over the period. The price is currently at +0.57% from its lowest point and -0.68% from its highest point.

0.8704

0.8814

0.8754

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

The study of the highest / lowest by the Central Records scanner shows the following results:

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

A technical analysis in Weekly of this AUD/SGD chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, only 9 technical indicators out of 18 studied are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Momentum indicator is back over 0

Type : Bullish

Timeframe : Weekly

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Weekly

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Near support of triangle

Type : Bullish

Timeframe : Weekly

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	0.8337	0.8620	0.8754	0.8829	0.9156	0.9477
Change (%)	-4.76%	-1.53%	-	+0.86%	+4.59%	+8.26%
Change	-0.0417	-0.0134	-	+0.0075	+0.0402	+0.0723
Level	Major	Major	-	Major	Major	Minor

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	0.8665	0.8685	0.8719	0.8739	0.8773	0.8793	0.8827
Camarilla	0.8739	0.8744	0.8749	0.8754	0.8759	0.8764	0.8769
Woodie	0.8673	0.8689	0.8727	0.8743	0.8781	0.8797	0.8835
Fibonacci	0.8685	0.8705	0.8718	0.8739	0.8759	0.8772	0.8793

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.8481	0.8559	0.8657	0.8735	0.8833	0.8911	0.9009
Camarilla	0.8706	0.8722	0.8738	0.8754	0.8770	0.8786	0.8802
Woodie	0.8490	0.8564	0.8666	0.8740	0.8842	0.8916	0.9018
Fibonacci	0.8559	0.8627	0.8668	0.8735	0.8803	0.8844	0.8911

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):	46.78
MACD (12,26,9):	-0.0071
Directional Movement:	-3.6167
AROON (14):	-78.5714
DEMA (21):	0.8678
Parabolic SAR (0,02-0,02-0,2):	0.8615
Elder Ray (13):	-0.0017
Super Trend (3,10):	0.9108
Zig ZAG (10):	0.8754
VORTEX (21):	0.8793
Stochastique (14,3,5):	44.71
TEMA (21):	0.8686
Williams %R (14):	-41.63
Chande Momentum Oscillator (20):	0.0067
Repulse (5,40,3):	0.4315
ROCnROLL:	-1
TRIX (15,9):	-0.1265
Courbe Coppock:	3.11

MA7:	0.8715
MA20:	0.8712
MA50:	0.8725
MA100:	0.8787
MAexp7:	0.8722
MAexp20:	0.8777
MAexp50:	0.8945
MAexp100:	0.9173
Price / MA7:	+0.45%
Price / MA20:	+0.48%
Price / MA50:	+0.33%
Price / MA100:	-0.38%
Price / MAexp7:	+0.37%
Price / MAexp20:	-0.26%
Price / MAexp50:	-2.14%
Price / MAexp100:	-4.57%

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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