GBP/AUD
GBP AUD
- AUD (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: GBPAUD
ISIN:

GBP/AUD - Daily - Technical analysis published on 07/06/2020 (GMT)

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  • Timeframe : Daily
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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

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by n4nd14hm. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

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.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by GBP/AUD:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

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:

Central Indicators

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


S3S2S1PriceR1R2R3
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
Standard1.78591.79001.79411.79821.80231.80641.8105
Camarilla1.79601.79681.79761.79831.79911.79981.8006
Woodie1.78601.79001.79421.79821.80241.80641.8106
Fibonacci1.79001.79311.79501.79821.80131.80321.8064


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.76481.77581.78711.79811.80941.82041.8317
Camarilla1.79221.79421.79631.79831.80031.80241.8044
Woodie1.76491.77591.78721.79821.80951.82051.8318
Fibonacci1.77581.78441.78961.79811.80671.81191.8204


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.70131.74411.76981.81261.83831.88111.9068
Camarilla1.77671.78291.78921.79551.80181.80811.8143
Woodie1.69281.73981.76131.80831.82981.87681.8983
Fibonacci1.74411.77031.78641.81261.83881.85491.8811

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 - Real time data - Forex

This member declared not having a position on this financial instrument or a related financial instrument.

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