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 08/20/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

61%

33%

My opinion

Bullish above 0.8793 SGD

My targets

0.8834 SGD (+0.0029)

0.8897 SGD (+0.0092)

My analysis

AUD/SGD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.8793 SGD. The next resistance located at 0.8834 SGD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.8897 SGD. After this resistance, buyers could then target 0.9002 SGD. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

7.9

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

Additional analysis

Quotes

The AUD/SGD rating is 0.8805 SGD. On the day, this instrument lost -0.03% and was traded between 0.8788 SGD and 0.8815 SGD over the period. The price is currently at +0.19% from its lowest and -0.11% from its highest.

0.8788

0.8815

0.8805

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

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 LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in 1H of this AUD/SGD chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The probability of a further increase are moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found no further results concerning independent technical indicators.

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:

Black gravestone / inverted hammer

Type : Bearish

Timeframe : 1 hour

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.8691	0.8737	0.8793	0.8805	0.8834	0.8897	0.9002
Change (%)	-1.29%	-0.77%	-0.14%	-	+0.33%	+1.04%	+2.24%
Change	-0.0114	-0.0068	-0.0012	-	+0.0029	+0.0092	+0.0197
Level	Minor	Major	Minor	-	Major	Intermediate	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
Standard	0.8694	0.8720	0.8764	0.8790	0.8834	0.8860	0.8904
Camarilla	0.8789	0.8795	0.8802	0.8808	0.8814	0.8821	0.8827
Woodie	0.8703	0.8725	0.8773	0.8795	0.8843	0.8865	0.8913
Fibonacci	0.8720	0.8747	0.8763	0.8790	0.8817	0.8833	0.8860

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.8574	0.8617	0.8698	0.8741	0.8822	0.8865	0.8946
Camarilla	0.8744	0.8755	0.8767	0.8778	0.8789	0.8801	0.8812
Woodie	0.8592	0.8627	0.8716	0.8751	0.8840	0.8875	0.8964
Fibonacci	0.8617	0.8665	0.8694	0.8741	0.8789	0.8818	0.8865

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.8129	0.8409	0.8580	0.8860	0.9031	0.9311	0.9482
Camarilla	0.8626	0.8667	0.8709	0.8750	0.8791	0.8833	0.8874
Woodie	0.8074	0.8382	0.8525	0.8833	0.8976	0.9284	0.9427
Fibonacci	0.8409	0.8582	0.8688	0.8860	0.9033	0.9139	0.9311

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):	63.06
MACD (12,26,9):	0.0007
Directional Movement:	11.1921
AROON (14):	21.4286
DEMA (21):	0.8811
Parabolic SAR (0,02-0,02-0,2):	0.8792
Elder Ray (13):	0.0007
Super Trend (3,10):	0.8780
Zig ZAG (10):	0.8810
VORTEX (21):	1.0858
Stochastique (14,3,5):	81.48
TEMA (21):	0.8810
Williams %R (14):	-18.52
Chande Momentum Oscillator (20):	0.0010
Repulse (5,40,3):	0.0465
ROCnROLL:	1
TRIX (15,9):	0.0121
Courbe Coppock:	0.07

MA7:	0.8755
MA20:	0.8736
MA50:	0.8911
MA100:	0.8907
MAexp7:	0.8806
MAexp20:	0.8801
MAexp50:	0.8786
MAexp100:	0.8767
Price / MA7:	+0.57%
Price / MA20:	+0.79%
Price / MA50:	-1.19%
Price / MA100:	-1.15%
Price / MAexp7:	-0.01%
Price / MAexp20:	+0.05%
Price / MAexp50:	+0.22%
Price / MAexp100:	+0.43%

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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Londinia AI

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