| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Sell | Buy |
| RSI (14) | Neutral | Buy | Neutral |
| Stochastic (5; 3) | Neutral | Neutral | Buy |
| Alligator (13; 8; 5) | Neutral | Sell | Buy |
| SAR (0.02; 0.2) | Buy | Sell | Sell |
| Aggregate | ⇒ | ⇒ | ⇗ |
Downside risks have dominated the CHF/SGD currency pair since the end of September, and the pair breached a medium-term ascending channel north at the middle of October.
As apparent on the chart, the pair is being pressured by the 55-, 100– and 200-period SMAs on the 4H time frame. It is expected the pair continues to decline. An important support level to look out for is the Fibonacci 38.20% retracement at 1.3672.
If given level holds, most likely, the pair surges towards the Fibonacci 61.80% at 1.3895.