AUD/SGD
AUD SGD
- SGD (-)
- Real time data - Forex
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Type: Forex
Ticker: AUDSGD
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AUD/SGD - 1H - Technical analysis published on 08/15/2024 (GMT)

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

Summary of the analysis

Trends
Short term: Bullish
Underlying: Slightly bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 0.8620 SGD
My targets
0.8737 SGD (+0.0018)
0.8834 SGD (+0.0115)
My analysis
The bullish trend is truly tentative and does not seem to be supported in the short term. It is advisable to trade AUD/SGD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 0.8620 SGD. The buyers' bullish objective is set at 0.8737 SGD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.8834 SGD. If there is any crossing, the next objective would be the resistance located at 0.8897 SGD. If there is a bearish break in the support located at 0.8620 SGD some indecision would arise.

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
0
10
3.4

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 Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The AUD/SGD rating is 0.8719 SGD. The price registered an increase of +0.36% on the session and was traded between 0.8661 SGD and 0.8731 SGD over the period. The price is currently at +0.67% from its lowest and -0.14% from its highest.

0.8661
0.8731
0.8719

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:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

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 slightly bullish trend. 50.00% of the signals given by moving averages are bullish. The slightly bullish signals given by short-term moving averages do not show a strengthening of this global trend. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 12 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Ichimoku : price is under the cloud

Type : Bearish

Timeframe : 1 hour



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

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.8494 0.8590 0.8620 0.8719 0.8737 0.8834 0.8897
Change (%) -2.58% -1.48% -1.14% - +0.21% +1.32% +2.04%
Change -0.0225 -0.0129 -0.0099 - +0.0018 +0.0115 +0.0178
Level Minor Intermediate Major - Major Major Intermediate



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
Standard0.85850.86310.86600.87060.87350.87810.8810
Camarilla0.86670.86740.86810.86880.86950.87020.8709
Woodie0.85760.86270.86510.87020.87260.87770.8801
Fibonacci0.86310.86600.86780.87060.87350.87530.8781


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.81530.82790.84940.86200.88350.89610.9176
Camarilla0.86160.86480.86790.87100.87410.87730.8804
Woodie0.81990.83010.85400.86420.88810.89830.9222
Fibonacci0.82790.84090.84890.86200.87500.88300.8961


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.81290.84090.85800.88600.90310.93110.9482
Camarilla0.86260.86670.87090.87500.87910.88330.8874
Woodie0.80740.83820.85250.88330.89760.92840.9427
Fibonacci0.84090.85820.86880.88600.90330.91390.9311

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): 57.76
MACD (12,26,9): -0.0001
Directional Movement: 8.4217
AROON (14): 21.4285
DEMA (21): 0.8705
Parabolic SAR (0,02-0,02-0,2): 0.8670
Elder Ray (13): 0.0017
Super Trend (3,10): 0.8681
Zig ZAG (10): 0.8724
VORTEX (21): 1.0185
Stochastique (14,3,5): 92.70
TEMA (21): 0.8708
Williams %R (14): -10.00
Chande Momentum Oscillator (20): 0.0036
Repulse (5,40,3): 0.1385
ROCnROLL: 1
TRIX (15,9): -0.0123
Courbe Coppock: 0.13
MA7: 0.8711
MA20: 0.8756
MA50: 0.8918
MA100: 0.8907
MAexp7: 0.8714
MAexp20: 0.8709
MAexp50: 0.8715
MAexp100: 0.8714
Price / MA7: +0.09%
Price / MA20: -0.42%
Price / MA50: -2.23%
Price / MA100: -2.11%
Price / MAexp7: +0.06%
Price / MAexp20: +0.11%
Price / MAexp50: +0.05%
Price / MAexp100: +0.06%

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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