GBP/AUD - Daily - Technical analysis published on 07/06/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
22%
39%
39%
My opinion
Bearish under 1.8157 AUD
My targets
1.7694 AUD (-0.0233)
1.7311 AUD (-0.0616)
My analysis
The bearish trend is currently very strong for GBP/AUD. As long as the price remains below the resistance at 1.8157 AUD, you could try to take advantage of the bearish rally. The first bearish objective is located at 1.7694 AUD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 1.7311 AUD as an objective. Crossing it would then enable sellers to target 1.6689 AUD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
6.6
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This analysis was given by n4nd14hm. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
GBP/AUD rating 1.7927 AUD. The price registered a decrease of -0.31% on the session with the lowest point at 1.7895 AUD and the highest point at 1.8025 AUD. The deviation from the price is +0.18% for the low point and -0.54% for the high point.1.7895
1.8025
1.7927
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by GBP/AUD:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of GBP/AUD in Daily shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 7 are neutral and 7 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 1.6689 | 1.7311 | 1.7694 | 1.7927 | 1.8157 | 1.8749 | 1.9744 |
Change (%) | -6.91% | -3.44% | -1.30% | - | +1.28% | +4.59% | +10.14% |
Change | -0.1238 | -0.0616 | -0.0233 | - | +0.0230 | +0.0822 | +0.1817 |
Level | Minor | Intermediate | Major | - | Intermediate | Major | 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 | 1.7859 | 1.7900 | 1.7941 | 1.7982 | 1.8023 | 1.8064 | 1.8105 |
Camarilla | 1.7960 | 1.7968 | 1.7976 | 1.7983 | 1.7991 | 1.7998 | 1.8006 |
Woodie | 1.7860 | 1.7900 | 1.7942 | 1.7982 | 1.8024 | 1.8064 | 1.8106 |
Fibonacci | 1.7900 | 1.7931 | 1.7950 | 1.7982 | 1.8013 | 1.8032 | 1.8064 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.7648 | 1.7758 | 1.7871 | 1.7981 | 1.8094 | 1.8204 | 1.8317 |
Camarilla | 1.7922 | 1.7942 | 1.7963 | 1.7983 | 1.8003 | 1.8024 | 1.8044 |
Woodie | 1.7649 | 1.7759 | 1.7872 | 1.7982 | 1.8095 | 1.8205 | 1.8318 |
Fibonacci | 1.7758 | 1.7844 | 1.7896 | 1.7981 | 1.8067 | 1.8119 | 1.8204 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.7013 | 1.7441 | 1.7698 | 1.8126 | 1.8383 | 1.8811 | 1.9068 |
Camarilla | 1.7767 | 1.7829 | 1.7892 | 1.7955 | 1.8018 | 1.8081 | 1.8143 |
Woodie | 1.6928 | 1.7398 | 1.7613 | 1.8083 | 1.8298 | 1.8768 | 1.8983 |
Fibonacci | 1.7441 | 1.7703 | 1.7864 | 1.8126 | 1.8388 | 1.8549 | 1.8811 |
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): | 34.46 | |
MACD (12,26,9): | -0.0155 | |
Directional Movement: | -14.0369 | |
AROON (14): | -71.4286 | |
DEMA (21): | 1.7886 | |
Parabolic SAR (0,02-0,02-0,2): | 1.8130 | |
Elder Ray (13): | -0.0077 | |
Super Trend (3,10): | 1.8407 | |
Zig ZAG (10): | 1.7934 | |
VORTEX (21): | 0.9533 | |
Stochastique (14,3,5): | 20.94 | |
TEMA (21): | 1.7932 | |
Williams %R (14): | -86.06 | |
Chande Momentum Oscillator (20): | -0.0190 | |
Repulse (5,40,3): | -0.5872 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.1366 | |
Courbe Coppock: | 2.61 |
MA7: | 1.7972 | |
MA20: | 1.8105 | |
MA50: | 1.8503 | |
MA100: | 1.9141 | |
MAexp7: | 1.7989 | |
MAexp20: | 1.8110 | |
MAexp50: | 1.8471 | |
MAexp100: | 1.8780 | |
Price / MA7: | -0.25% | |
Price / MA20: | -0.98% | |
Price / MA50: | -3.11% | |
Price / MA100: | -6.34% | |
Price / MAexp7: | -0.34% | |
Price / MAexp20: | -1.01% | |
Price / MAexp50: | -2.95% | |
Price / MAexp100: | -4.54% |
Quotes :
2020-07-06 13:34:05
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Real time data
-
Forex
News
The last news published on GBP/AUD at the time of the generation of this analysis 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.
About author
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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