| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Buy | Sell |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Sell | Neutral | Sell |
| Alligator (13; 8; 5) | Buy | Buy | Sell |
| SAR (0.02; 0.2) | Buy | Sell | Sell |
| Aggregate | ⇒ | ⇒ | ⇘ |
The Japanese Yen has been depreciating against the Singapore Dollar since the beginning of January after the rate reversed north from the lower boundary of the long-term descending channel at 78.96. This movement has been bounded in the ascending channel.
From a theoretical point of view, the general direction is expected to remain north until the upper line of the senior channel at 83.00 is reached. The nearest upside target is the upper boundary of the junior channel located circa 81.70. If given channel holds, a reversal south occurs, and the pair targets the lower line of the junior channel.
If the junior channel does not hold, a breakout north occurs within following sessions. A possible upside target is the weekly R3 at 82.07.