CAD/SGD

- SGD (-)

- Real time data - Forex

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Type:	Forex
Ticker:	CADSGD
ISIN:

CAD/SGD - 1H - Technical analysis published on 02/03/2025 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Bullish

Underlying: Bearish

Technical indicators

61%

33%

My opinion

Bearish under 0.9354 SGD

My targets

0.9267 SGD (-0.0071)

My analysis

The basic trend is bearish on CAD/SGD and in the short term, the price is trying to rebound. For the time being, this is only a technical rebound and the basic trend is not threatened. To have the rebound confirmed, it would have at least to go back above the 0.9354 SGD. Buyers would then use the next resistance located at 0.9385 SGD as an objective. Crossing it would then enable buyers to target 0.9402 SGD. If there is a return to below the support located at 0.9267 SGD, this would be a sign of a reversal in the basic bearish trend.

In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.

Force

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

CAD/SGD rating 0.9338 SGD. The price is lower by -0.02% since the last closing and was between 0.9256 SGD and 0.9349 SGD. This implies that the price is at +0.89% from its lowest and at -0.12% from its highest.

0.9256

0.9349

0.9338

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:

New LOW record (5 years)

Type : Bearish

Timeframe : Weekly

New LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of CAD/SGD in 1H shows an overall bearish trend. The signals given by moving averages are at 67.86% bearish. This bearish trend could slow down given the slightly bullish signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators shows a moderate bullish signal.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is under support 1

Type : Neutral

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, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S1	R1	Price	R2	R3
ProTrendLines	0.9267	0.9338	0.9338	0.9354	0.9385
Change (%)	-0.76%	0%	-	+0.17%	+0.50%
Change	-0.0071	0	-	+0.0016	+0.0047
Level	Minor	Intermediate	-	Minor	Intermediate

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.9222	0.9275	0.9308	0.9361	0.9394	0.9447	0.9480
Camarilla	0.9316	0.9324	0.9332	0.9340	0.9348	0.9356	0.9364
Woodie	0.9211	0.9270	0.9297	0.9356	0.9383	0.9442	0.9469
Fibonacci	0.9275	0.9308	0.9329	0.9361	0.9394	0.9415	0.9447

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.9118	0.9193	0.9266	0.9341	0.9414	0.9489	0.9562
Camarilla	0.9299	0.9313	0.9326	0.9340	0.9354	0.9367	0.9381
Woodie	0.9118	0.9193	0.9266	0.9341	0.9414	0.9489	0.9562
Fibonacci	0.9193	0.9249	0.9284	0.9341	0.9397	0.9432	0.9489

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.8940	0.9103	0.9222	0.9385	0.9504	0.9667	0.9786
Camarilla	0.9263	0.9288	0.9314	0.9340	0.9366	0.9392	0.9418
Woodie	0.8917	0.9092	0.9199	0.9374	0.9481	0.9656	0.9763
Fibonacci	0.9103	0.9211	0.9278	0.9385	0.9493	0.9560	0.9667

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):	49.32
MACD (12,26,9):	-0.0010
Directional Movement:	6.0643
AROON (14):	-21.4286
DEMA (21):	0.9291
Parabolic SAR (0,02-0,02-0,2):	0.9260
Elder Ray (13):	0.0010
Super Trend (3,10):	0.9346
Zig ZAG (10):	0.9310
VORTEX (21):	0.9774
Stochastique (14,3,5):	76.75
TEMA (21):	0.9293
Williams %R (14):	-27.63
Chande Momentum Oscillator (20):	0.0022
Repulse (5,40,3):	0.0633
ROCnROLL:	-1
TRIX (15,9):	-0.0259
Courbe Coppock:	0.32

MA7:	0.9355
MA20:	0.9441
MA50:	0.9477
MA100:	0.9507
MAexp7:	0.9304
MAexp20:	0.9308
MAexp50:	0.9328
MAexp100:	0.9347
Price / MA7:	-0.18%
Price / MA20:	-1.09%
Price / MA50:	-1.47%
Price / MA100:	-1.78%
Price / MAexp7:	+0.37%
Price / MAexp20:	+0.32%
Price / MAexp50:	+0.11%
Price / MAexp100:	-0.10%

Quotes : - Real time data - Forex

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Londinia AI

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