| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Sell | Sell |
| RSI (14) | Neutral | Neutral | Buy |
| Stochastic (5; 3) | Neutral | Neutral | Neutral |
| Alligator (13; 8; 5) | Buy | Sell | Sell |
| SAR (0.02; 0.2) | Buy | Buy | Sell |
| Aggregate | ⇒ | ⇒ | ⇒ |
Several patterns have guided the AUD/SGD exchange rate during the past few weeks. The Aussie began weakening against the Singapore Dollar mid-April before breaching the senior channel and fluctuating in between its lower boundary and the 0.9970 mark.
The pair's failure to surpass the senior channel and the monthly PP at 1.0060 does work in favour of bears who should seemingly take over the market and push the rate lower in the nearest time, possibly down to two shorter-term patterns circa 0.98. However, the pair still has to breach the 55-, 100– and 200-hour SMAs near 1.00 to confirm this bearish scenario.
Meanwhile, a successful move above the strong 1.0060 level should result in a considerable surge. The nearest point of resistance is the weekly R1 at 1.0160, while the Aussie might likewise target the monthly R2 and the 50.0% Fibonacci retracement at 1.0350 during the rest of May.