| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Buy | Sell |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇗ | ⇘ |
The Australian Dollar has been appreciating against the Singapore Dollar since the beginning of February after the AUD/SGD exchange rate reversed north from the lower boundary of the long-term descending channel.
From a theoretical point of view, it is likely that some upside potential could prevail in the market, as the exchange rate should target the upper channel line in the 0.9400 area.
If the given channel holds, it is likely that a reversal south could occur, and some downside potential could prevail in the market in the medium term. Otherwise, the exchange rate could exceed the 0.9500 level.