AUD/SGD

- SGD (-)

- Real time data - Forex

Open:	-
Change:	-
Volume:	-

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

Type:	Forex
Ticker:	AUDSGD
ISIN:

AUD/SGD - 1H - Technical analysis published on 01/23/2024 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

44%

28%

My opinion

Bearish under 0.8851 SGD

My targets

0.8803 SGD (-0.0027)

0.8776 SGD (-0.0054)

My analysis

Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 0.8851 SGD remains possible. It is advisable to trade AUD/SGD with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 0.8851 SGD. The next bearish objective for sellers is set at 0.8803 SGD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.8776 SGD. In case of crossing, the next objective would be the support located at 0.8674 SGD. PS: if there is a bullish break in the resistance located at 0.8851 SGD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

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

Additional analysis

Quotes

The AUD/SGD price is 0.8830 SGD. The price registered an increase of +0.13% on the session and was traded between 0.8819 SGD and 0.8834 SGD over the period. The price is currently at +0.12% from its lowest and -0.05% from its highest.

0.8819

0.8834

0.8830

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 HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of AUD/SGD in 1H shows an overall bearish trend. The signals given by moving averages are 71.43% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour

On the 18 technical indicators analysed, 8 are bullish, 5 are neutral and 5 are bearish. The Central Indicators scanner found no further results concerning independent technical indicators.

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal support

Type : Bullish

Timeframe : 1 hour

Support of channel is broken

Type : Bearish

Timeframe : 1 hour

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.8776	0.8803	0.8829	0.8830	0.8851	0.8867	0.8900
Change (%)	-0.61%	-0.31%	-0.01%	-	+0.24%	+0.42%	+0.79%
Change	-0.0054	-0.0027	-0.0001	-	+0.0021	+0.0037	+0.0070
Level	Intermediate	Minor	Major	-	Intermediate	Intermediate	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.8755	0.8782	0.8801	0.8828	0.8847	0.8874	0.8893
Camarilla	0.8806	0.8811	0.8815	0.8819	0.8823	0.8827	0.8832
Woodie	0.8750	0.8780	0.8796	0.8826	0.8842	0.8872	0.8888
Fibonacci	0.8782	0.8800	0.8811	0.8828	0.8846	0.8857	0.8874

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.8627	0.8702	0.8774	0.8849	0.8921	0.8996	0.9068
Camarilla	0.8807	0.8820	0.8834	0.8847	0.8861	0.8874	0.8887
Woodie	0.8627	0.8701	0.8774	0.8848	0.8921	0.8995	0.9068
Fibonacci	0.8702	0.8758	0.8793	0.8849	0.8905	0.8940	0.8996

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.8516	0.8639	0.8813	0.8936	0.9110	0.9233	0.9407
Camarilla	0.8906	0.8934	0.8961	0.8988	0.9015	0.9043	0.9070
Woodie	0.8543	0.8652	0.8840	0.8949	0.9137	0.9246	0.9434
Fibonacci	0.8639	0.8752	0.8822	0.8936	0.9049	0.9119	0.9233

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):	50.91
MACD (12,26,9):	-0.0004
Directional Movement:	-2.4789
AROON (14):	-78.5714
DEMA (21):	0.8825
Parabolic SAR (0,02-0,02-0,2):	0.8810
Elder Ray (13):	0.0005
Super Trend (3,10):	0.8814
Zig ZAG (10):	0.8830
VORTEX (21):	0.9764
Stochastique (14,3,5):	44.14
TEMA (21):	0.8821
Williams %R (14):	-45.95
Chande Momentum Oscillator (20):	-0.0008
Repulse (5,40,3):	0.0991
ROCnROLL:	-1
TRIX (15,9):	-0.0060
Courbe Coppock:	0.35

MA7:	0.8838
MA20:	0.8913
MA50:	0.8870
MA100:	0.8796
MAexp7:	0.8825
MAexp20:	0.8830
MAexp50:	0.8833
MAexp100:	0.8838
Price / MA7:	-0.09%
Price / MA20:	-0.93%
Price / MA50:	-0.45%
Price / MA100:	+0.39%
Price / MAexp7:	+0.06%
Price / MAexp20:	-0%
Price / MAexp50:	-0.03%
Price / MAexp100:	-0.09%

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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