CAD/SGD

- SGD (-)

- Real time data - Forex

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Type:	Forex
Ticker:	CADSGD
ISIN:

CAD/SGD - 1H - Technical analysis published on 02/05/2025 (GMT)

Londinia

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

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bullish

Technical indicators

22%

44%

33%

My opinion

Bullish above 0.9381 SGD

My targets

0.9450 SGD (+0.0020)

0.9473 SGD (+0.0043)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on CAD/SGD. As long as you are above the support located at 0.9381 SGD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 0.9450 SGD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 0.9473 SGD as an objective. Crossing it would then enable buyers to target 0.9562 SGD. If the support 0.9381 SGD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.

Force

3.2

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 CAD/SGD rating is 0.9430 SGD. On the day, this instrument lost -0.04% and was between 0.9424 SGD and 0.9458 SGD. This implies that the price is at +0.06% from its lowest and at -0.30% from its highest.

0.9424

0.9458

0.9430

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

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

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

Technical analysis of this 1H chart of CAD/SGD indicates that the overall trend is bullish. The signals given by moving averages are 78.57% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.9338	0.9381	0.9426	0.9430	0.9450	0.9473	0.9562
Change (%)	-0.98%	-0.52%	-0.04%	-	+0.21%	+0.46%	+1.40%
Change	-0.0092	-0.0049	-0.0004	-	+0.0020	+0.0043	+0.0132
Level	Intermediate	Intermediate	Major	-	Intermediate	Intermediate	Intermediate

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.9322	0.9351	0.9393	0.9422	0.9464	0.9493	0.9535
Camarilla	0.9415	0.9421	0.9428	0.9434	0.9441	0.9447	0.9454
Woodie	0.9328	0.9354	0.9399	0.9425	0.9470	0.9496	0.9541
Fibonacci	0.9351	0.9379	0.9395	0.9422	0.9450	0.9466	0.9493

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 the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	57.77
MACD (12,26,9):	0.0009
Directional Movement:	16.4228
AROON (14):	7.1429
DEMA (21):	0.9450
Parabolic SAR (0,02-0,02-0,2):	0.9427
Elder Ray (13):	0.0006
Super Trend (3,10):	0.9411
Zig ZAG (10):	0.9439
VORTEX (21):	1.0331
Stochastique (14,3,5):	47.06
TEMA (21):	0.9443
Williams %R (14):	-67.65
Chande Momentum Oscillator (20):	-0.0001
Repulse (5,40,3):	-0.1726
ROCnROLL:	-1
TRIX (15,9):	0.0162
Courbe Coppock:	0.03

MA7:	0.9389
MA20:	0.9440
MA50:	0.9473
MA100:	0.9506
MAexp7:	0.9441
MAexp20:	0.9437
MAexp50:	0.9414
MAexp100:	0.9394
Price / MA7:	+0.44%
Price / MA20:	-0.11%
Price / MA50:	-0.45%
Price / MA100:	-0.80%
Price / MAexp7:	-0.12%
Price / MAexp20:	-0.07%
Price / MAexp50:	+0.17%
Price / MAexp100:	+0.38%

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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