GBP/AUD - 1H - Technical analysis published on 10/07/2020 (GMT)
- Who voted?
- 115
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bullish
Technical indicators
61%
11%
28%
My opinion
Bullish above 1.8052 AUD
My targets
1.8170 AUD (+0.0084)
1.8284 AUD (+0.0198)
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 1.8052 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 1.8052 AUD. The next bullish objective for buyers is set at 1.8170 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 1.8052 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, 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
4.5
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 pyxis2025. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GBP/AUD price is 1.8086 AUD. On the day, this instrument lost -0.20% with the lowest point at 1.7997 AUD and the highest point at 1.8137 AUD. The deviation from the price is +0.49% for the low point and -0.28% for the high point.1.7997
1.8137
1.8086
A study of price movements over other periods shows the following variations:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of GBP/AUD in 1H shows an overall bullish trend. 75.00% 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 trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
The technical indicators are bullish. There is still some doubt about the price increase.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 1.7848 | 1.7989 | 1.8052 | 1.8086 | 1.8091 | 1.8170 | 1.8284 |
Change (%) | -1.32% | -0.54% | -0.19% | - | +0.03% | +0.46% | +1.09% |
Change | -0.0238 | -0.0097 | -0.0034 | - | +0.0005 | +0.0084 | +0.0198 |
Level | Minor | Intermediate | Minor | - | Intermediate | Intermediate | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.7907 | 1.7969 | 1.8046 | 1.8108 | 1.8185 | 1.8247 | 1.8324 |
Camarilla | 1.8084 | 1.8097 | 1.8109 | 1.8122 | 1.8135 | 1.8148 | 1.8160 |
Woodie | 1.7914 | 1.7973 | 1.8053 | 1.8112 | 1.8192 | 1.8251 | 1.8331 |
Fibonacci | 1.7969 | 1.8022 | 1.8055 | 1.8108 | 1.8161 | 1.8194 | 1.8247 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.7409 | 1.7629 | 1.7845 | 1.8065 | 1.8281 | 1.8501 | 1.8717 |
Camarilla | 1.7942 | 1.7982 | 1.8022 | 1.8062 | 1.8102 | 1.8142 | 1.8182 |
Woodie | 1.7408 | 1.7628 | 1.7844 | 1.8064 | 1.8280 | 1.8500 | 1.8716 |
Fibonacci | 1.7629 | 1.7795 | 1.7898 | 1.8065 | 1.8231 | 1.8334 | 1.8501 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.6791 | 1.7142 | 1.7585 | 1.7936 | 1.8379 | 1.8730 | 1.9173 |
Camarilla | 1.7809 | 1.7881 | 1.7954 | 1.8027 | 1.8100 | 1.8173 | 1.8245 |
Woodie | 1.6836 | 1.7165 | 1.7630 | 1.7959 | 1.8424 | 1.8753 | 1.9218 |
Fibonacci | 1.7142 | 1.7446 | 1.7633 | 1.7936 | 1.8240 | 1.8427 | 1.8730 |
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): | 52.76 | |
MACD (12,26,9): | -0.0007 | |
Directional Movement: | -6.7471 | |
AROON (14): | -35.7143 | |
DEMA (21): | 1.8077 | |
Parabolic SAR (0,02-0,02-0,2): | 1.7999 | |
Elder Ray (13): | 0.0008 | |
Super Trend (3,10): | 1.8129 | |
Zig ZAG (10): | 1.8102 | |
VORTEX (21): | 0.9753 | |
Stochastique (14,3,5): | 73.56 | |
TEMA (21): | 1.8066 | |
Williams %R (14): | -11.21 | |
Chande Momentum Oscillator (20): | 0.0008 | |
Repulse (5,40,3): | 0.2982 | |
ROCnROLL: | 1 | |
TRIX (15,9): | -0.0049 | |
Courbe Coppock: | 0.48 |
MA7: | 1.8045 | |
MA20: | 1.7895 | |
MA50: | 1.8085 | |
MA100: | 1.8118 | |
MAexp7: | 1.8076 | |
MAexp20: | 1.8084 | |
MAexp50: | 1.8082 | |
MAexp100: | 1.8068 | |
Price / MA7: | +0.23% | |
Price / MA20: | +1.07% | |
Price / MA50: | +0.01% | |
Price / MA100: | -0.18% | |
Price / MAexp7: | +0.06% | |
Price / MAexp20: | +0.01% | |
Price / MAexp50: | +0.02% | |
Price / MAexp100: | +0.10% |
Quotes :
2020-10-07 17:00:26
-
Real time data
-
Forex
News
The latest news and videos published on GBP/AUD at the time of the analysis were 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…
Add a comment
Comments
0 comments on the analysis GBP/AUD - 1H