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 10/15/2020 (GMT)

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  • Timeframe : Daily
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  • Status : TARGET REACHED

Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Neutral
Technical indicators
50%
17%
33%
My opinion
Bullish above 1.7933 AUD
My targets
1.8379 AUD (+0.0198)
1.8762 AUD (+0.0581)
My analysis
The current short-term bullish trend should quickly fix the basic bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for GBP/AUD as long as the price remains well above 1.7933 AUD. The buyers” bullish objective is set at 1.8379 AUD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.8762 AUD. If there is any crossing, the next objective would be the resistance located at 1.9454 AUD.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
2.5

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 TheFuss. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The GBP/AUD price is 1.8181 AUD. On the day, this instrument lost -0.21% and was between 1.8177 AUD and 1.8333 AUD. This implies that the price is at +0.02% from its lowest and at -0.83% from its highest.

1.8177
1.8333
1.8181

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
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


A technical analysis in Daily of this GBP/AUD chart shows a neutral trend. The trend could quickly turn bullish due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily


Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily



Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly


RSI indicator is back over 50

Type : Bullish

Timeframe : Daily


Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : Daily


Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Daily


Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily


Resistance of channel is broken

Type : Bullish

Timeframe : Daily



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.7694 1.7933 1.8153 1.8181 1.8762 1.9454 1.9734
Change (%) -2.68% -1.36% -0.15% - +3.20% +7.00% +8.54%
Change -0.0487 -0.0248 -0.0028 - +0.0581 +0.1273 +0.1553
Level Major Major Major - Intermediate Intermediate Intermediate



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
Standard1.77581.78621.80411.81451.83241.84281.8607
Camarilla1.81421.81681.81941.82201.82461.82721.8298
Woodie1.77961.78811.80791.81641.83621.84471.8645
Fibonacci1.78621.79701.80371.81451.82531.83201.8428


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.02572.06132.08012.11572.13452.17012.1889
Camarilla2.08382.08882.09382.09882.10382.10882.1138
Woodie2.01722.05712.07162.11152.12602.16592.1804
Fibonacci2.06132.08212.09502.11572.13652.14942.1701


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.67911.71421.75851.79361.83791.87301.9173
Camarilla1.78091.78811.79541.80271.81001.81731.8245
Woodie1.68361.71651.76301.79591.84241.87531.9218
Fibonacci1.71421.74461.76331.79361.82401.84271.8730

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 52.14
MACD (12,26,9): 0.0062
Directional Movement: 5.9661
AROON (14): 50.0000
DEMA (21): 1.8182
Parabolic SAR (0,02-0,02-0,2): 1.8919
Elder Ray (13): 0.0104
Super Trend (3,10): 1.8925
Zig ZAG (10): 1.8177
VORTEX (21): 1.0565
Stochastique (14,3,5): 27.86
TEMA (21): 1.8253
Williams %R (14): -69.27
Chande Momentum Oscillator (20): 0.0156
Repulse (5,40,3): 0.1149
ROCnROLL: 1
TRIX (15,9): 0.0351
Courbe Coppock: 2.52
MA7: 1.8223
MA20: 1.8087
MA50: 1.8081
MA100: 1.8093
MAexp7: 1.8192
MAexp20: 1.8114
MAexp50: 1.8096
MAexp100: 1.8240
Price / MA7: -0.23%
Price / MA20: +0.52%
Price / MA50: +0.55%
Price / MA100: +0.49%
Price / MAexp7: -0.06%
Price / MAexp20: +0.37%
Price / MAexp50: +0.47%
Price / MAexp100: -0.32%

Quotes : 2020-10-15 19:42:10 - Real time data - Forex

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

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