AUD/SGD

- SGD (-)

- Real time data - Forex

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Type:	Forex
Ticker:	AUDSGD
ISIN:

AUD/SGD - 1H - Technical analysis published on 11/22/2024 (GMT)

Londinia

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

Summary of the analysis

Trends

Short term: Bullish

Underlying: Strongly bullish

Technical indicators

56%

17%

28%

My opinion

Bullish above 0.8737 SGD

My targets

0.8774 SGD (+0.0014)

0.8834 SGD (+0.0074)

My analysis

The basic bullish trend is very strong on AUD/SGD but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 0.8737 SGD. Crossing the first resistance at 0.8774 SGD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 0.8834 SGD as an objective. Crossing it would then enable buyers to target 0.8896 SGD. Caution, a return to below 0.8737 SGD would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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

5.9

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 0.8760 SGD. On the day, this instrument lost -0.06% and was between 0.8735 SGD and 0.8775 SGD. This implies that the price is at +0.29% from its lowest and at -0.17% from its highest.

0.8735

0.8775

0.8760

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 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 this 1H chart of AUD/SGD indicates that the overall trend is strongly bullish. 82.14% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a moderate bullish signal.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

The analysis of the price chart with Central Patterns scanners does not return any result.

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Bullish harami

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.8728	0.8737	0.8752	0.8760	0.8774	0.8834	0.8896
Change (%)	-0.37%	-0.26%	-0.09%	-	+0.16%	+0.84%	+1.55%
Change	-0.0032	-0.0023	-0.0008	-	+0.0014	+0.0074	+0.0136
Level	Minor	Intermediate	Intermediate	-	Intermediate	Major	Intermediate

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.8703	0.8719	0.8742	0.8758	0.8781	0.8797	0.8820
Camarilla	0.8754	0.8758	0.8761	0.8765	0.8769	0.8772	0.8776
Woodie	0.8707	0.8721	0.8746	0.8760	0.8785	0.8799	0.8824
Fibonacci	0.8719	0.8734	0.8743	0.8758	0.8773	0.8782	0.8797

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.8511	0.8585	0.8629	0.8703	0.8747	0.8821	0.8865
Camarilla	0.8641	0.8651	0.8662	0.8673	0.8684	0.8695	0.8706
Woodie	0.8496	0.8578	0.8614	0.8696	0.8732	0.8814	0.8850
Fibonacci	0.8585	0.8630	0.8658	0.8703	0.8748	0.8776	0.8821

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.8324	0.8490	0.8585	0.8751	0.8846	0.9012	0.9107
Camarilla	0.8608	0.8632	0.8656	0.8680	0.8704	0.8728	0.8752
Woodie	0.8289	0.8472	0.8550	0.8733	0.8811	0.8994	0.9072
Fibonacci	0.8490	0.8590	0.8651	0.8751	0.8851	0.8912	0.9012

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):	52.68
MACD (12,26,9):	0.0001
Directional Movement:	-4.3514
AROON (14):	-28.5714
DEMA (21):	0.8760
Parabolic SAR (0,02-0,02-0,2):	0.8769
Elder Ray (13):	0.0005
Super Trend (3,10):	0.8777
Zig ZAG (10):	0.8761
VORTEX (21):	1.0276
Stochastique (14,3,5):	64.17
TEMA (21):	0.8757
Williams %R (14):	-32.50
Chande Momentum Oscillator (20):	-0.0007
Repulse (5,40,3):	0.0494
ROCnROLL:	1
TRIX (15,9):	0.0024
Courbe Coppock:	0.22

MA7:	0.8726
MA20:	0.8724
MA50:	0.8772
MA100:	0.8798
MAexp7:	0.8758
MAexp20:	0.8757
MAexp50:	0.8751
MAexp100:	0.8740
Price / MA7:	+0.39%
Price / MA20:	+0.41%
Price / MA50:	-0.14%
Price / MA100:	-0.43%
Price / MAexp7:	+0.02%
Price / MAexp20:	+0.03%
Price / MAexp50:	+0.10%
Price / MAexp100:	+0.23%

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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