| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Sell | Buy |
| RSI (14) | Neutral | Buy | Neutral |
| Stochastic (5; 3) | Sell | Neutral | Sell |
| Alligator (13; 8; 5) | Sell | Sell | Buy |
| SAR (0.02; 0.2) | Buy | Sell | Buy |
| Aggregate | ⇘ | ⇘ | ⇗ |
The dominant long-term pattern which as confined SGD/JPY since mid-2016 is an ascending wedge. This long-term pattern is mentioned because the rate bounced of its lower boundary on Tuesday. Thus, the Singapore Dollar's attempt to reach the bottom line of a five-week channel was stopped near 82.60.
The rate has since edged slightly higher during the previous session; however, the rate still faces several noteworthy resistance areas, such as the 100-hour SMA and the 38.20% Fibo at 83.20 and the weekly PP, monthly S1 and the 200-hour SMA circa 83.45, that are likely to hinder the pair for a brief period of time.
These barriers, however, should eventually surrender and allow the pair to initiate a medium-term surge. A possible target for the following week could be the psychological 84.00 level where the weekly R1, the monthly PP and the 23.60% Fibo are located.