GBP/AUD - 1H - Technical analysis published on 09/29/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bullish
Technical indicators
22%
33%
44%
My opinion
Bullish above 1.8119 AUD
My targets
1.8180 AUD (+0.0030)
1.8284 AUD (+0.0134)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the support located at 1.8119 AUD remains possible. It is advisable to trade GBP/AUD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 1.8119 AUD. The next bullish objective for buyers is set at 1.8180 AUD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.8284 AUD. If there is any crossing, the next objective would be the resistance located at 1.8368 AUD. PS: if there is a bearish break in the support located at 1.8119 AUD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
2.1
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This analysis was given by TheFuss. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GBP/AUD price is 1.8150 AUD. On the day, this instrument gained +0.01% with the lowest point at 1.8127 AUD and the highest point at 1.8171 AUD. The deviation from the price is +0.13% for the low point and -0.12% for the high point.1.8127
1.8171
1.8150
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of GBP/AUD in 1H shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
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 | 1.7694 | 1.7803 | 1.8119 | 1.8150 | 1.8180 | 1.8284 | 1.8368 |
Change (%) | -2.51% | -1.91% | -0.17% | - | +0.17% | +0.74% | +1.20% |
Change | -0.0456 | -0.0347 | -0.0031 | - | +0.0030 | +0.0134 | +0.0218 |
Level | Major | Minor | Intermediate | - | Intermediate | Minor | 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 | 1.7857 | 1.7969 | 1.8059 | 1.8171 | 1.8261 | 1.8373 | 1.8463 |
Camarilla | 1.8092 | 1.8111 | 1.8130 | 1.8148 | 1.8167 | 1.8185 | 1.8204 |
Woodie | 1.7845 | 1.7964 | 1.8047 | 1.8166 | 1.8249 | 1.8368 | 1.8451 |
Fibonacci | 1.7969 | 1.8047 | 1.8094 | 1.8171 | 1.8249 | 1.8296 | 1.8373 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.7237 | 1.7435 | 1.7784 | 1.7982 | 1.8331 | 1.8529 | 1.8878 |
Camarilla | 1.7983 | 1.8033 | 1.8083 | 1.8133 | 1.8183 | 1.8233 | 1.8283 |
Woodie | 1.7313 | 1.7473 | 1.7860 | 1.8020 | 1.8407 | 1.8567 | 1.8954 |
Fibonacci | 1.7435 | 1.7644 | 1.7773 | 1.7982 | 1.8191 | 1.8320 | 1.8529 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.7643 | 1.7857 | 1.7985 | 1.8199 | 1.8327 | 1.8541 | 1.8669 |
Camarilla | 1.8020 | 1.8051 | 1.8083 | 1.8114 | 1.8145 | 1.8177 | 1.8208 |
Woodie | 1.7601 | 1.7836 | 1.7943 | 1.8178 | 1.8285 | 1.8520 | 1.8627 |
Fibonacci | 1.7857 | 1.7987 | 1.8068 | 1.8199 | 1.8329 | 1.8410 | 1.8541 |
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): | 48.78 | |
MACD (12,26,9): | -0.0001 | |
Directional Movement: | 0.9673 | |
AROON (14): | -57.1429 | |
DEMA (21): | 1.8160 | |
Parabolic SAR (0,02-0,02-0,2): | 1.8173 | |
Elder Ray (13): | -0.0005 | |
Super Trend (3,10): | 1.8216 | |
Zig ZAG (10): | 1.8151 | |
VORTEX (21): | 1.0644 | |
Stochastique (14,3,5): | 18.81 | |
TEMA (21): | 1.8145 | |
Williams %R (14): | -73.47 | |
Chande Momentum Oscillator (20): | -0.0044 | |
Repulse (5,40,3): | 0.0189 | |
ROCnROLL: | -1 | |
TRIX (15,9): | 0.0048 | |
Courbe Coppock: | 0.77 |
MA7: | 1.8001 | |
MA20: | 1.7920 | |
MA50: | 1.8080 | |
MA100: | 1.8164 | |
MAexp7: | 1.8150 | |
MAexp20: | 1.8157 | |
MAexp50: | 1.8134 | |
MAexp100: | 1.8065 | |
Price / MA7: | +0.83% | |
Price / MA20: | +1.28% | |
Price / MA50: | +0.39% | |
Price / MA100: | -0.08% | |
Price / MAexp7: | -0% | |
Price / MAexp20: | -0.04% | |
Price / MAexp50: | +0.09% | |
Price / MAexp100: | +0.47% |
Quotes :
2020-09-29 05:08:44
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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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