| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Sell | Buy |
| RSI (14) | Sell | Neutral | Neutral |
| Stochastic (5; 3) | Sell | Buy | Sell |
| Alligator (13; 8; 5) | Buy | Sell | Buy |
| SAR (0.02; 0.2) | Buy | Buy | Buy |
| Aggregate | ⇘ | ⇒ | ⇒ |
The Singapore Dollar is gaining value against the Japanese Yen in the short-term ascending channel. Due to the 85 pips depreciation of the Yen on the previous trading day, the pair even managed to pass through the 50% Fibonacci retracement level of the 2016 high and low levels at 80.02 and reach the upper trend-line of the formation. For the moment, the rate is experiencing pressure from below from the monthly PP and weekly R1 at 80.26 as well as from the 200-period SMA at 80.24. For this reason, it is quite possible that the pair will cross the border of the pattern. On the other hand, the current location of the rate might be viewed as a second confirmation point of the large, medium-term descending channel and, in this case, should bounce off in the opposite direction.