GBP/AUD - 1H - Technical analysis published on 10/26/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bearish
Technical indicators
67%
0%
33%
My opinion
Bearish under 1.8333 AUD
My targets
1.8278 AUD (-0.0030)
1.8198 AUD (-0.0110)
My analysis
Has the basic bearish 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 bearish trend or a rebound. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 1.8333 AUD remains possible. It is advisable to trade GBP/AUD with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 1.8333 AUD. The next bearish objective for sellers is set at 1.8278 AUD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.8198 AUD. In case of crossing, the next objective would be the support located at 1.8153 AUD. PS: if there is a bullish break in the resistance located at 1.8333 AUD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
1.1
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Additional analysis
Quotes
The GBP/AUD price is 1.8308 AUD. On the day, this instrument gained +0.19% with the lowest point at 1.8264 AUD and the highest point at 1.8329 AUD. The deviation from the price is +0.24% for the low point and -0.11% for the high point.1.8264
1.8329
1.8308
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.
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
A technical analysis in 1H of this GBP/AUD chart shows a bearish trend. 75.00% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The probability of a further increase are moderate given the direction of the technical indicators.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Support of triangle is broken
Type : Bearish
Timeframe : 1 hour
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 | 1.8153 | 1.8198 | 1.8278 | 1.8308 | 1.8333 | 1.8453 | 1.8528 |
Change (%) | -0.85% | -0.60% | -0.16% | - | +0.14% | +0.79% | +1.20% |
Change | -0.0155 | -0.0110 | -0.0030 | - | +0.0025 | +0.0145 | +0.0220 |
Level | Major | Intermediate | Intermediate | - | Intermediate | Minor | 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 | 1.8099 | 1.8177 | 1.8225 | 1.8303 | 1.8351 | 1.8429 | 1.8477 |
Camarilla | 1.8238 | 1.8250 | 1.8261 | 1.8273 | 1.8285 | 1.8296 | 1.8308 |
Woodie | 1.8084 | 1.8170 | 1.8210 | 1.8296 | 1.8336 | 1.8422 | 1.8462 |
Fibonacci | 1.8177 | 1.8225 | 1.8255 | 1.8303 | 1.8351 | 1.8381 | 1.8429 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.7806 | 1.8002 | 1.8137 | 1.8333 | 1.8468 | 1.8664 | 1.8799 |
Camarilla | 1.8182 | 1.8212 | 1.8243 | 1.8273 | 1.8303 | 1.8334 | 1.8364 |
Woodie | 1.7777 | 1.7987 | 1.8108 | 1.8318 | 1.8439 | 1.8649 | 1.8770 |
Fibonacci | 1.8002 | 1.8128 | 1.8206 | 1.8333 | 1.8459 | 1.8537 | 1.8664 |
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): | 50.37 | |
MACD (12,26,9): | -0.0016 | |
Directional Movement: | -0.1085 | |
AROON (14): | -35.7143 | |
DEMA (21): | 1.8266 | |
Parabolic SAR (0,02-0,02-0,2): | 1.7980 | |
Elder Ray (13): | 0.0022 | |
Super Trend (3,10): | 1.8115 | |
Zig ZAG (10): | 1.8307 | |
VORTEX (21): | 1.0070 | |
Stochastique (14,3,5): | 94.05 | |
TEMA (21): | 1.8273 | |
Williams %R (14): | -6.49 | |
Chande Momentum Oscillator (20): | 0.0034 | |
Repulse (5,40,3): | 0.0688 | |
ROCnROLL: | -1 | |
TRIX (15,9): | -0.0201 | |
Courbe Coppock: | 0.24 |
MA7: | 1.8341 | |
MA20: | 1.8168 | |
MA50: | 1.8081 | |
MA100: | 1.8096 | |
MAexp7: | 1.8286 | |
MAexp20: | 1.8292 | |
MAexp50: | 1.8329 | |
MAexp100: | 1.8339 | |
Price / MA7: | -0.18% | |
Price / MA20: | +0.77% | |
Price / MA50: | +1.26% | |
Price / MA100: | +1.17% | |
Price / MAexp7: | +0.12% | |
Price / MAexp20: | +0.09% | |
Price / MAexp50: | -0.11% | |
Price / MAexp100: | -0.17% |
Quotes :
2020-10-26 06:36:50
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Real time data
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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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