AUD/SGD

- SGD (-)

- Real time data - Forex

Open:	-
Change:	-
Volume:	-

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

Type:	Forex
Ticker:	AUDSGD
ISIN:

AUD/SGD - Daily - Technical analysis published on 11/14/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Neutral

Technical indicators

56%

11%

33%

My opinion

Bullish above 0.8620 SGD

My targets

0.8829 SGD (+0.0061)

0.8985 SGD (+0.0217)

My analysis

The strong short-term increase of AUD/SGD should quickly allow the basic trend to become bullish. As long as the price remains above the support located at 0.8620 SGD, a purchase could be considered. The first bullish objective is located at 0.8829 SGD. The bullish momentum would be boosted by a break in this resistance. Buyers could then target the resistance located at 0.8985 SGD. If there is any crossing, the next objective would be the resistance at 0.9156 SGD. Caution, if there is a return under 0.8620 SGD, it should not be forgotten that the basic trend is not yet clear. Caution would then be required.

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

2.5

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

AUD/SGD rating 0.8768 SGD. The price registered an increase of +1.15% on the session and was traded between 0.8659 SGD and 0.8770 SGD over the period. The price is currently at +1.26% from its lowest and -0.02% from its highest.

0.8659

0.8770

0.8768

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

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

A technical analysis in Daily of this AUD/SGD chart shows a neutral trend. The strong bullish signals currently being given by short-term moving averages could allow the overall trend to return to bullish. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

An assessment of technical indicators shows a moderate bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

MACD indicator: bullish divergence

Type : Bullish

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily

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

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Near resistance of channel

Type : Bearish

Timeframe : Daily

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	0.8768	0.8829	0.8985	0.9156
Change (%)	-4.92%	-1.69%	-	+0.70%	+2.47%	+4.43%
Change	-0.0431	-0.0148	-	+0.0061	+0.0217	+0.0388
Level	Major	Major	-	Major	Minor	Intermediate

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	0.8597	0.8617	0.8643	0.8663	0.8689	0.8709	0.8735
Camarilla	0.8655	0.8660	0.8664	0.8668	0.8672	0.8676	0.8681
Woodie	0.8599	0.8619	0.8645	0.8665	0.8691	0.8711	0.8737
Fibonacci	0.8617	0.8635	0.8646	0.8663	0.8681	0.8692	0.8709

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 the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	56.30
MACD (12,26,9):	-0.0002
Directional Movement:	8.7249
AROON (14):	42.8571
DEMA (21):	0.8705
Parabolic SAR (0,02-0,02-0,2):	0.8808
Elder Ray (13):	0.0006
Super Trend (3,10):	0.8831
Zig ZAG (10):	0.8770
VORTEX (21):	1.0313
Stochastique (14,3,5):	39.66
TEMA (21):	0.8712
Williams %R (14):	-26.39
Chande Momentum Oscillator (20):	0.0093
Repulse (5,40,3):	1.4381
ROCnROLL:	1
TRIX (15,9):	-0.0053
Courbe Coppock:	0.86

MA7:	0.8702
MA20:	0.8702
MA50:	0.8722
MA100:	0.8794
MAexp7:	0.8709
MAexp20:	0.8709
MAexp50:	0.8729
MAexp100:	0.8785
Price / MA7:	+0.76%
Price / MA20:	+0.76%
Price / MA50:	+0.53%
Price / MA100:	-0.30%
Price / MAexp7:	+0.68%
Price / MAexp20:	+0.68%
Price / MAexp50:	+0.45%
Price / MAexp100:	-0.19%

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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