GBP/AUD - 15 min. - Technical analysis published on 04/01/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Neutral
Technical indicators
56%
0%
44%
My opinion
Bullish above 1.9334 AUD
My targets
1.9395 AUD (+0.0028)
1.9422 AUD (+0.0055)
My analysis
The strong short-term increase of GBP/AUD should quickly allow the basic trend to become bullish. As long as the price remains above the support located at 1.9334 AUD, a purchase could be considered. The first bullish objective is located at 1.9395 AUD. The bullish momentum would be boosted by a break in this resistance. Buyers could then target the resistance located at 1.9422 AUD. If there is any crossing, the next objective would be the resistance at 1.9456 AUD. Caution, if there is a return under 1.9334 AUD, it should not be forgotten that the basic trend is not yet clear. Caution would then be required.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
2.9
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This analysis was given by Bader almutairi. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GBP/AUD price is 1.9367 AUD. The price is lower by -0.02% since the last closing and was between 1.9328 AUD and 1.9389 AUD. This implies that the price is at +0.20% from its lowest and at -0.11% from its highest.1.9328
1.9389
1.9367
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of GBP/AUD in 15 min. shows a neutral overall trend. The strong bullish signals currently being given by short-term moving averages could allow the overall trend to return to bullish. An assessment of moving averages reveals several bearish and bullish signals:
Bearish trend reversal : adaptative moving average 100
Type : Bearish
Timeframe : 15 minutes
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 15 minutes
The probability of a further increase are moderate given the direction of the technical indicators.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near resistance of channel
Type : Bearish
Timeframe : 15 minutes
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.9279 | 1.9328 | 1.9355 | 1.9367 | 1.9382 | 1.9404 | 1.9450 |
| Change (%) | -0.45% | -0.20% | -0.06% | - | +0.08% | +0.19% | +0.43% |
| Change | -0.0088 | -0.0039 | -0.0012 | - | +0.0015 | +0.0037 | +0.0083 |
| Level | Minor | Major | Intermediate | - | Intermediate | Intermediate | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.9273 | 1.9300 | 1.9334 | 1.9361 | 1.9395 | 1.9422 | 1.9456 |
| Camarilla | 1.9350 | 1.9356 | 1.9361 | 1.9367 | 1.9373 | 1.9378 | 1.9384 |
| Woodie | 1.9276 | 1.9302 | 1.9337 | 1.9363 | 1.9398 | 1.9424 | 1.9459 |
| Fibonacci | 1.9300 | 1.9324 | 1.9338 | 1.9361 | 1.9385 | 1.9399 | 1.9422 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.9112 | 1.9195 | 1.9283 | 1.9366 | 1.9454 | 1.9537 | 1.9625 |
| Camarilla | 1.9323 | 1.9339 | 1.9354 | 1.9370 | 1.9386 | 1.9401 | 1.9417 |
| Woodie | 1.9114 | 1.9196 | 1.9285 | 1.9367 | 1.9456 | 1.9538 | 1.9627 |
| Fibonacci | 1.9195 | 1.9261 | 1.9301 | 1.9366 | 1.9432 | 1.9472 | 1.9537 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.8905 | 1.9078 | 1.9224 | 1.9397 | 1.9543 | 1.9716 | 1.9862 |
| Camarilla | 1.9282 | 1.9312 | 1.9341 | 1.9370 | 1.9399 | 1.9429 | 1.9458 |
| Woodie | 1.8892 | 1.9071 | 1.9211 | 1.9390 | 1.9530 | 1.9709 | 1.9849 |
| Fibonacci | 1.9078 | 1.9200 | 1.9275 | 1.9397 | 1.9519 | 1.9594 | 1.9716 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 50.81 | |
| MACD (12,26,9): | 0.0002 | |
| Directional Movement: | 5.1692 | |
| AROON (14): | 78.5714 | |
| DEMA (21): | 1.9358 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.9334 | |
| Elder Ray (13): | 0 | |
| Super Trend (3,10): | 1.9340 | |
| Zig ZAG (10): | 1.9362 | |
| VORTEX (21): | 1.0631 | |
| Stochastique (14,3,5): | 68.82 | |
| TEMA (21): | 1.9363 | |
| Williams %R (14): | -30.23 | |
| Chande Momentum Oscillator (20): | 0.0020 | |
| Repulse (5,40,3): | 0.0136 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.22 |
| MA7: | 1.9345 | |
| MA20: | 1.9374 | |
| MA50: | 1.9358 | |
| MA100: | 1.9194 | |
| MAexp7: | 1.9361 | |
| MAexp20: | 1.9356 | |
| MAexp50: | 1.9358 | |
| MAexp100: | 1.9362 | |
| Price / MA7: | +0.11% | |
| Price / MA20: | -0.04% | |
| Price / MA50: | +0.05% | |
| Price / MA100: | +0.90% | |
| Price / MAexp7: | +0.03% | |
| Price / MAexp20: | +0.06% | |
| Price / MAexp50: | +0.05% | |
| Price / MAexp100: | +0.03% |
Quotes :
-
Real time data
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Forex
News
Don't forget to follow the news on GBP/AUD. At the time of publication of this analysis, the latest news was as follows:
-
GBPAUD Clears 1.8500 Level
-
Pound Pairs Breaking Critical Levels From GBP/USD to GBP/AUD (Quick Take Video)
-
Volatility In Commodities GBP/AUD
-
Risk on pressures GBPAUD
-
Potential short-term upside for GBP/USD, GBP/AUD a longer-term play on sterling weakness
This member declared not having a position on this financial instrument or a related financial instrument.
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