| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Sell | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Neutral | Sell |
| SAR(0.02;0.2) | Buy | Sell | Sell |
| Aggregate | ⇗ | ⇘ | ⇘ |
The Swiss Franc has been appreciating significantly against the Singapore Dollar since the beginning of August. However, the CHF/SGD exchange rate was unable to surpass the 1.4250 level.
Given that the currency pair is supported by the 55-, 100– and 200-hour SMAs, currently located in the 1.3911/1.4125 range, it is likely, that some upside potential could prevail in the market.
However, if the given level holds, it is expected, that the Swiss Franc could depreciate against the Singapore Dollar. Note, that the rate could face the support of the Fibonacci 38.20% and 50.00% retracements, located at 1.3672 and 1.3784 respectively.