| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Buy | Sell | Buy |
| Aggregate | ⇗ | ⇒ | ⇗ |
The SGD/JPY has revealed a long-term ascending triangle pattern.
From a theoretical perspective, it is likely that the exchange rate could continue to trade sideways within the predetermined pattern in the medium term.
Meanwhile, note that the rate is supported by the 55-, 100– and 200-period moving averages in the 77.40/77.90 range. Thus, a breakout south could occur, and the pair could target the 80.50 level.