GEMINI DOLLAR - GUSD/USD - 1H - Technical analysis published on 10/26/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bullish
Technical indicators
44%
11%
44%
My opinion
Bullish above 0.994300 USD
My targets
1.030000 USD (+3.11%)
1.044880 USD (+4.60%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on GEMINI DOLLAR - GUSD/USD as long as the price remains well above 0.994300 USD. The buyers' bullish objective is set at 1.030000 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.044880 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
4.3
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Additional analysis
Quotes
The GEMINI DOLLAR - GUSD/USD rating is 0.998900 USD. The price is lower by -0.01% since the last closing with the lowest point at 0.998100 USD and the highest point at 1.001000 USD. The deviation from the price is +0.08% for the low point and -0.21% for the high point.0.998100
1.001000
0.998900
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 1H chart of GEMINI DOLLAR - GUSD/USD indicates that the overall trend is bullish. 71.43% of the signals given by moving averages are bullish. This bullish trend shows slight signs of slowing down given the slightly bullish signals given by the short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
The Central Indicators scanner specialised in technical indicators, has not detected anything further.
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.992856 | 0.994300 | 0.998338 | 0.998900 | 1.001330 | 1.030000 | 1.044880 |
| Change (%) | -0.61% | -0.46% | -0.06% | - | +0.24% | +3.11% | +4.60% |
| Change | -0.006044 | -0.004600 | -0.000562 | - | +0.002430 | +0.031100 | +0.045980 |
| Level | Major | Minor | Intermediate | - | Major | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.986167 | 0.989533 | 0.994267 | 0.997633 | 1.002367 | 1.005733 | 1.010467 |
| Camarilla | 0.996773 | 0.997515 | 0.998258 | 0.999000 | 0.999743 | 1.000485 | 1.001228 |
| Woodie | 0.986850 | 0.989875 | 0.994950 | 0.997975 | 1.003050 | 1.006075 | 1.011150 |
| Fibonacci | 0.989533 | 0.992628 | 0.994539 | 0.997633 | 1.000728 | 1.002639 | 1.005733 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.982667 | 0.986333 | 0.993667 | 0.997333 | 1.004667 | 1.008333 | 1.015667 |
| Camarilla | 0.997975 | 0.998983 | 0.999992 | 1.001000 | 1.002008 | 1.003017 | 1.004025 |
| Woodie | 0.984500 | 0.987250 | 0.995500 | 0.998250 | 1.006500 | 1.009250 | 1.017500 |
| Fibonacci | 0.986333 | 0.990535 | 0.993131 | 0.997333 | 1.001535 | 1.004131 | 1.008333 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.955300 | 0.964900 | 0.981800 | 0.991400 | 1.008300 | 1.017900 | 1.034800 |
| Camarilla | 0.991413 | 0.993842 | 0.996271 | 0.998700 | 1.001129 | 1.003558 | 1.005988 |
| Woodie | 0.958950 | 0.966725 | 0.985450 | 0.993225 | 1.011950 | 1.019725 | 1.038450 |
| Fibonacci | 0.964900 | 0.975023 | 0.981277 | 0.991400 | 1.001523 | 1.007777 | 1.017900 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 50.02 | |
| MACD (12,26,9): | 0.0004 | |
| Directional Movement: | -5.564241 | |
| AROON (14): | 14.285714 | |
| DEMA (21): | 0.999473 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.994674 | |
| Elder Ray (13): | -0.000283 | |
| Super Trend (3,10): | 0.993785 | |
| Zig ZAG (10): | 0.999000 | |
| VORTEX (21): | 0.9043 | |
| Stochastique (14,3,5): | 76.32 | |
| TEMA (21): | 0.999757 | |
| Williams %R (14): | -26.67 | |
| Chande Momentum Oscillator (20): | 0.000100 | |
| Repulse (5,40,3): | -0.1099 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0044 | |
| Courbe Coppock: | 0.26 |
| MA7: | 0.997129 | |
| MA20: | 0.998030 | |
| MA50: | 0.998326 | |
| MA100: | 0.995587 | |
| MAexp7: | 0.999388 | |
| MAexp20: | 0.999118 | |
| MAexp50: | 0.998855 | |
| MAexp100: | 0.998851 | |
| Price / MA7: | +0.18% | |
| Price / MA20: | +0.09% | |
| Price / MA50: | +0.06% | |
| Price / MA100: | +0.33% | |
| Price / MAexp7: | -0.05% | |
| Price / MAexp20: | -0.02% | |
| Price / MAexp50: | +0.00% | |
| Price / MAexp100: | +0.00% |
Quotes :
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Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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