EUR/SGD

- SGD (-)

- Real time data - Forex

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Change:	-
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High / Low range:	-

Type:	Forex
Ticker:	EURSGD
ISIN:

EUR/SGD - Daily - Technical analysis published on 01/06/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Neutral

Technical indicators

17%

72%

11%

My opinion

Bearish under 1.4339 SGD

My targets

1.3807 SGD (-0.0350)

My analysis

The strong short-term decrease of EUR/SGD should quickly allow the basic trend to become bearish. As long as the price remains below the resistance located at 1.4339 SGD, a sale could be considered. The first bearish objective is located at 1.3807 SGD. The bearish momentum would be boosted by a support break. Caution, if there is a return to above 1.4339 SGD, it should not be forgotten that the basic trend is not yet clear. Caution would then be required.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.

Force

3.6

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

Additional analysis

Quotes

EUR/SGD rating 1.4157 SGD. The price is lower by -0.01% since the last closing with the lowest point at 1.4142 SGD and the highest point at 1.4161 SGD. The deviation from the price is +0.11% for the low point and -0.03% for the high point.

1.4142

1.4161

1.4157

Here is a more detailed summary of the historical variations registered by EUR/SGD:

The study of the highest / lowest by the Central Records scanner shows the following results:

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 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 EUR/SGD in Daily shows a neutral overall trend. The strong bearish signals currently being given by short-term moving averages could allow the overall trend to return to a bearish trend. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 13 technical indicators on 18 studied are currently positioned bearish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Support of channel is broken

Type : Bearish

Timeframe : Daily

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

ProTrendLines

Price

	S1	Price	R1	R2	R3
ProTrendLines	1.3807	1.4157	1.4206	1.4339	1.4494
Change (%)	-2.47%	-	+0.35%	+1.29%	+2.38%
Change	-0.0350	-	+0.0049	+0.0182	+0.0337
Level	Intermediate	-	Major	Minor	Major

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	1.4007	1.4076	1.4117	1.4186	1.4227	1.4296	1.4337
Camarilla	1.4128	1.4138	1.4148	1.4158	1.4168	1.4178	1.4188
Woodie	1.3993	1.4069	1.4103	1.4179	1.4213	1.4289	1.4323
Fibonacci	1.4076	1.4118	1.4144	1.4186	1.4228	1.4254	1.4296

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.4156	1.4220	1.4285	1.4349	1.4414	1.4478	1.4543
Camarilla	1.4316	1.4327	1.4339	1.4351	1.4363	1.4375	1.4387
Woodie	1.4158	1.4220	1.4287	1.4349	1.4416	1.4478	1.4545
Fibonacci	1.4220	1.4269	1.4299	1.4349	1.4398	1.4428	1.4478

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.3747	1.3933	1.4142	1.4328	1.4537	1.4723	1.4932
Camarilla	1.4242	1.4279	1.4315	1.4351	1.4387	1.4423	1.4460
Woodie	1.3759	1.3939	1.4154	1.4334	1.4549	1.4729	1.4944
Fibonacci	1.3933	1.4084	1.4177	1.4328	1.4479	1.4572	1.4723

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	37.40
MACD (12,26,9):	-0.0013
Directional Movement:	-6.3122
AROON (14):	-100.0000
DEMA (21):	1.4274
Parabolic SAR (0,02-0,02-0,2):	1.4317
Elder Ray (13):	-0.0111
Super Trend (3,10):	1.4127
Zig ZAG (10):	1.4152
VORTEX (21):	0.9440
Stochastique (14,3,5):	9.85
TEMA (21):	1.4223
Williams %R (14):	-95.71
Chande Momentum Oscillator (20):	-0.0180
Repulse (5,40,3):	-0.6162
ROCnROLL:	2
TRIX (15,9):	0.0204
Courbe Coppock:	1.71

MA7:	1.4247
MA20:	1.4316
MA50:	1.4227
MA100:	1.4110
MAexp7:	1.4227
MAexp20:	1.4273
MAexp50:	1.4234
MAexp100:	1.4221
Price / MA7:	-0.63%
Price / MA20:	-1.11%
Price / MA50:	-0.49%
Price / MA100:	+0.33%
Price / MAexp7:	-0.49%
Price / MAexp20:	-0.81%
Price / MAexp50:	-0.54%
Price / MAexp100:	-0.45%

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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