| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Sell | Sell |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Neutral | Buy | Buy |
| Alligator (13; 8; 5) | Sell | Sell | Sell |
| SAR (0.02; 0.2) | Buy | Sell | Sell |
| Aggregate | ⇒ | ⇘ | ⇘ |
After scoring the upper boundary of the short-term ascending channel located circa 1.5700, the EUR/SGD exchange rate has been declining since the end of December.
Given that the currency pair is being pressured by the 55-, 100– and 200-hour SMAs, it is likely that general direction remains south for the nearest future. Potential downside target is the lower channel line located circa 1.5370. If given channel holds, a reversal north occurs within following sessions.
If given channel does not hold, it is expected that a breakout south occurs. A possible downside target is the psychological level at 1.5200.