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 11/19/2023 (GMT)

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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

61%

11%

28%

My opinion

Bullish above 0.8674 SGD

My targets

0.8829 SGD (+0.0074)

0.8985 SGD (+0.0230)

My analysis

The current short-term bullish acceleration on AUD/SGD should quickly allow the basic trend to return to bullish. To avoid contradicting the short term, traders may prefer long positions (at the time of purchase) as long as the price remains well above 0.8674 SGD. Short-term buyers will use the resistance located at 0.8829 SGD as an objective. A bullish break in this resistance would boost the bullish momentum. The next bullish objective would then be set at 0.8985 SGD. Crossing this resistance would then open the door for buyers to target 0.9156 SGD. Caution, if there is a return to under 0.8674 SGD, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend sellers, many of whom will certainly benefit from this movement.

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

2.7

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 rating is 0.8755 SGD. The price registered an increase of +0.01% on the session and was traded between 0.8727 SGD and 0.8756 SGD over the period. The price is currently at +0.32% from its lowest and -0.01% from its highest.

0.8727

0.8756

0.8755

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

Technical analysis of this Daily chart of AUD/SGD indicates that the overall trend is not clearly defined. The strong bullish signals currently being given by short-term moving averages could allow the overall trend to return to bullish. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

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.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily

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 horizontal resistance

Type : Bearish

Timeframe : Daily

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.8337	0.8620	0.8674	0.8755	0.8829	0.8985	0.9156
Change (%)	-4.77%	-1.54%	-0.93%	-	+0.85%	+2.63%	+4.58%
Change	-0.0418	-0.0135	-0.0081	-	+0.0074	+0.0230	+0.0401
Level	Major	Major	Minor	-	Major	Minor	Major

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.8665	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):	53.57
MACD (12,26,9):	0.0006
Directional Movement:	5.7212
AROON (14):	-35.7143
DEMA (21):	0.8725
Parabolic SAR (0,02-0,02-0,2):	0.8635
Elder Ray (13):	0.0007
Super Trend (3,10):	0.8831
Zig ZAG (10):	0.8754
VORTEX (21):	1.0424
Stochastique (14,3,5):	62.98
TEMA (21):	0.8738
Williams %R (14):	-36.68
Chande Momentum Oscillator (20):	-0.0021
Repulse (5,40,3):	0.3690
ROCnROLL:	1
TRIX (15,9):	0.0013
Courbe Coppock:	0.75

MA7:	0.8715
MA20:	0.8712
MA50:	0.8725
MA100:	0.8787
MAexp7:	0.8733
MAexp20:	0.8720
MAexp50:	0.8732
MAexp100:	0.8783
Price / MA7:	+0.46%
Price / MA20:	+0.49%
Price / MA50:	+0.34%
Price / MA100:	-0.36%
Price / MAexp7:	+0.25%
Price / MAexp20:	+0.40%
Price / MAexp50:	+0.26%
Price / MAexp100:	-0.32%

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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