CAD/SGD

- SGD (-)

- Real time data - Forex

Open:	-
Change:	-
Volume:	-

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

Type:	Forex
Ticker:	CADSGD
ISIN:

CAD/SGD - 1H - Technical analysis published on 01/15/2025 (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

94%

My opinion

Bullish above 0.9510 SGD

My targets

0.9541 SGD (+0.0010)

0.9562 SGD (+0.0031)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on CAD/SGD as long as the price remains well above 0.9510 SGD. The buyers' bullish objective is set at 0.9541 SGD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.9562 SGD. If there is any crossing, the next objective would be the resistance located at 0.9632 SGD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.

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

8.6

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

Additional analysis

Quotes

CAD/SGD rating 0.9531 SGD. The price registered an increase of +0.04% on the session and was between 0.9523 SGD and 0.9533 SGD. This implies that the price is at +0.08% from its lowest and at -0.02% from its highest.

0.9523

0.9533

0.9531

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows the following items:

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly

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 CAD/SGD chart shows a strongly bullish trend. The signals given by moving averages are 85.71% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : 1 hour

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

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 detector scanner for these technical indicators recently detected a signal:

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : 1 hour

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Near horizontal support

Type : Bullish

Timeframe : 1 hour

Support of channel is broken

Type : Bearish

Timeframe : 1 hour

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.9483	0.9496	0.9510	0.9531	0.9533	0.9541	0.9549
Change (%)	-0.50%	-0.37%	-0.22%	-	+0.02%	+0.10%	+0.19%
Change	-0.0048	-0.0035	-0.0021	-	+0.0002	+0.0010	+0.0018
Level	Intermediate	Minor	Intermediate	-	Intermediate	Minor	Minor

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	0.9487	0.9498	0.9513	0.9524	0.9539	0.9550	0.9565
Camarilla	0.9520	0.9522	0.9525	0.9527	0.9529	0.9532	0.9534
Woodie	0.9488	0.9499	0.9514	0.9525	0.9540	0.9551	0.9566
Fibonacci	0.9498	0.9508	0.9514	0.9524	0.9534	0.9540	0.9550

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.9401	0.9434	0.9474	0.9507	0.9547	0.9580	0.9620
Camarilla	0.9493	0.9500	0.9506	0.9513	0.9520	0.9526	0.9533
Woodie	0.9404	0.9436	0.9477	0.9509	0.9550	0.9582	0.9623
Fibonacci	0.9434	0.9462	0.9479	0.9507	0.9535	0.9552	0.9580

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.9198	0.9300	0.9395	0.9497	0.9592	0.9694	0.9789
Camarilla	0.9437	0.9455	0.9473	0.9491	0.9509	0.9527	0.9545
Woodie	0.9196	0.9298	0.9393	0.9495	0.9590	0.9692	0.9787
Fibonacci	0.9300	0.9375	0.9421	0.9497	0.9572	0.9618	0.9694

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):	57.50
MACD (12,26,9):	0.0001
Directional Movement:	17.9567
AROON (14):	57.1429
DEMA (21):	0.9526
Parabolic SAR (0,02-0,02-0,2):	0.9512
Elder Ray (13):	0.0004
Super Trend (3,10):	0.9506
Zig ZAG (10):	0.9532
VORTEX (21):	1.0107
Stochastique (14,3,5):	67.95
TEMA (21):	0.9527
Williams %R (14):	-19.23
Chande Momentum Oscillator (20):	0.0016
Repulse (5,40,3):	0.0986
ROCnROLL:	1
TRIX (15,9):	0.0008
Courbe Coppock:	0.09

MA7:	0.9516
MA20:	0.9480
MA50:	0.9520
MA100:	0.9538
MAexp7:	0.9527
MAexp20:	0.9525
MAexp50:	0.9522
MAexp100:	0.9517
Price / MA7:	+0.16%
Price / MA20:	+0.54%
Price / MA50:	+0.12%
Price / MA100:	-0.07%
Price / MAexp7:	+0.04%
Price / MAexp20:	+0.06%
Price / MAexp50:	+0.09%
Price / MAexp100:	+0.15%

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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