EUR/SGD

- SGD (-)

- Real time data - Forex

Open:	-
Change:	-
Volume:	-

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

Type:	Forex
Ticker:	EURSGD
ISIN:

EUR/SGD - Weekly - Technical analysis published on 11/13/2023 (GMT)

Londinia

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Timeframe : Weekly
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Bearish

Underlying: Bearish

Technical indicators

33%

28%

39%

My opinion

Bearish under 1.4880 SGD

My targets

1.4204 SGD (-0.0335)

1.3807 SGD (-0.0732)

My analysis

There is a bearish trend on EUR/SGD both at the basic level and in the short term. A sale could be considered, so long as the price remains below 1.4880 SGD. Each support break is a strong signal that the current trend will continue. The first bearish objective would be 1.4204 SGD. Then the price could move towards 1.3807 SGD. Be careful, a return to above the resistance 1.4880 SGD would be a sign of a weakening of the trend and a possible rebound phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend is perhaps more risky.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.

Force

2.7

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

Additional analysis

Quotes

EUR/SGD rating 1.4539 SGD. The price is up +0.40% over 5 days and has been traded over the last 5 days between 1.4503 SGD and 1.4548 SGD. This implies that the 5 day price is +0.25% from its lowest point and -0.06% from its highest point.

1.4503

1.4548

1.4539

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

Type : Bearish

Timeframe : Openning

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:

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 EUR/SGD in Weekly shows an overall bearish trend. 64.29% of the signals given by moving averages are bearish. This bearish trend is slowing down slightly given the slightly bearish signals given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : Weekly

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 7 are neutral and 5 are bearish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.

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

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1.3807	1.4204	1.4419	1.4539	1.4880	1.5317	1.5899
Change (%)	-5.03%	-2.30%	-0.83%	-	+2.35%	+5.35%	+9.35%
Change	-0.0732	-0.0335	-0.0120	-	+0.0341	+0.0778	+0.1360
Level	Major	Intermediate	Major	-	Major	Minor	Intermediate

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	1.4482	1.4494	1.4515	1.4527	1.4548	1.4560	1.4581
Camarilla	1.4527	1.4530	1.4533	1.4536	1.4539	1.4542	1.4545
Woodie	1.4487	1.4496	1.4520	1.4529	1.4553	1.4562	1.4586
Fibonacci	1.4494	1.4507	1.4514	1.4527	1.4540	1.4547	1.4560

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.4400	1.4431	1.4483	1.4514	1.4566	1.4597	1.4649
Camarilla	1.4513	1.4521	1.4528	1.4536	1.4544	1.4551	1.4559
Woodie	1.4412	1.4436	1.4495	1.4519	1.4578	1.4602	1.4661
Fibonacci	1.4431	1.4462	1.4482	1.4514	1.4545	1.4565	1.4597

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.4138	1.4251	1.4369	1.4482	1.4600	1.4713	1.4831
Camarilla	1.4425	1.4446	1.4467	1.4488	1.4509	1.4530	1.4552
Woodie	1.4142	1.4252	1.4373	1.4483	1.4604	1.4714	1.4835
Fibonacci	1.4251	1.4339	1.4393	1.4482	1.4570	1.4624	1.4713

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):	49.43
MACD (12,26,9):	-0.0013
Directional Movement:	-1.6683
AROON (14):	-57.1429
DEMA (21):	1.4548
Parabolic SAR (0,02-0,02-0,2):	1.4571
Elder Ray (13):	-0.0008
Super Trend (3,10):	1.4858
Zig ZAG (10):	1.4536
VORTEX (21):	0.9633
Stochastique (14,3,5):	34.92
TEMA (21):	1.4497
Williams %R (14):	-63.66
Chande Momentum Oscillator (20):	-0.0106
Repulse (5,40,3):	0.5373
ROCnROLL:	-1
TRIX (15,9):	0.0073
Courbe Coppock:	3.12

MA7:	1.4516
MA20:	1.4503
MA50:	1.4503
MA100:	1.4621
MAexp7:	1.4521
MAexp20:	1.4550
MAexp50:	1.4542
MAexp100:	1.4669
Price / MA7:	+0.16%
Price / MA20:	+0.25%
Price / MA50:	+0.25%
Price / MA100:	-0.56%
Price / MAexp7:	+0.12%
Price / MAexp20:	-0.08%
Price / MAexp50:	-0.02%
Price / MAexp100:	-0.89%

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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