| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Buy | Buy |
| RSI (14) | Buy | Neutral | Neutral |
| Stochastic (5; 3) | Neutral | Neutral | Neutral |
| Alligator (13; 8; 5) | Sell | Neutral | Buy |
| SAR (0.02; 0.2) | Sell | Sell | Buy |
| Aggregate | ⇒ | ⇗ | ⇒ |
The Singapore Dollar has been appreciating gradually against the Japanese Yen since the beginning of November. This movement has been bounded in the ascending channel.
Currently, the currency pair is trading near the lower channel line at 81.90. From a theoretical point of view, a reversal north occurs in the nearest future. It is likely that the rate targets the Fibonacci 50.00% retracement at 82.68.
However, if given channel does not hold, it is likely that a breakout south occurs within following sessions. Potential downside target is the psychological level at 81.50.