GBP/AUD - 1H - Technical analysis published on 11/06/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Strongly bearish
Technical indicators
28%
22%
50%
My opinion
Bearish under 1.8155 AUD
My targets
1.8003 AUD (-0.0063)
1.7978 AUD (-0.0088)
My analysis
The basic trend is very bearish on GBP/AUD but buyers need to catch their breath in the short term. In a case like this, you could favour trades in the direction of the trend on GBP/AUD. As long as you stay below the resistance 1.8155 AUD, sellers” retain the upper hand. A break in the support at 1.8003 AUD would be a signal that the basic trend will reverse. Sellers would then use the next support located at 1.7978 AUD as an objective. Crossing it would then enable sellers to target 1.7694 AUD. If the price were to depress the resistance 1.8155 AUD in the short term, this would be a sign of possible consolidation in the short term, but against the trend trading would then perhaps be more risky. On the other hand, we could expect signals of a reversal of the trend.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
4.1
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This analysis was given by huthayfa. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
GBP/AUD rating 1.8066 AUD. The price is lower by -0.13% since the last closing with the lowest point at 1.8053 AUD and the highest point at 1.8108 AUD. The deviation from the price is +0.07% for the low point and -0.23% for the high point.1.8053
1.8108
1.8066
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
Technical analysis of this 1H chart of GBP/AUD indicates that the overall trend is strongly bearish. 82.14% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the strongly bearish trend is showing signs of running out of steam. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : 1 hour
On the 18 technical indicators analysed, 5 are bullish, 9 are neutral and 4 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Horizontal support is broken
Type : Bearish
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 | 1.7297 | 1.7694 | 1.8003 | 1.8066 | 1.8155 | 1.8217 | 1.8328 |
| Change (%) | -4.26% | -2.06% | -0.35% | - | +0.49% | +0.84% | +1.45% |
| Change | -0.0769 | -0.0372 | -0.0063 | - | +0.0089 | +0.0151 | +0.0262 |
| Level | Intermediate | Major | Intermediate | - | Major | 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 | 1.7880 | 1.7941 | 1.8016 | 1.8077 | 1.8152 | 1.8213 | 1.8288 |
| Camarilla | 1.8053 | 1.8065 | 1.8078 | 1.8090 | 1.8103 | 1.8115 | 1.8127 |
| Woodie | 1.7886 | 1.7945 | 1.8022 | 1.8081 | 1.8158 | 1.8217 | 1.8294 |
| Fibonacci | 1.7941 | 1.7993 | 1.8025 | 1.8077 | 1.8129 | 1.8161 | 1.8213 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.7978 | 1.8097 | 1.8256 | 1.8375 | 1.8534 | 1.8653 | 1.8812 |
| Camarilla | 1.8338 | 1.8363 | 1.8389 | 1.8414 | 1.8440 | 1.8465 | 1.8490 |
| Woodie | 1.7997 | 1.8107 | 1.8275 | 1.8385 | 1.8553 | 1.8663 | 1.8831 |
| Fibonacci | 1.8097 | 1.8204 | 1.8269 | 1.8375 | 1.8482 | 1.8547 | 1.8653 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.7319 | 1.7583 | 1.7999 | 1.8263 | 1.8679 | 1.8943 | 1.9359 |
| Camarilla | 1.8227 | 1.8289 | 1.8352 | 1.8414 | 1.8476 | 1.8539 | 1.8601 |
| Woodie | 1.7394 | 1.7621 | 1.8074 | 1.8301 | 1.8754 | 1.8981 | 1.9434 |
| Fibonacci | 1.7583 | 1.7843 | 1.8004 | 1.8263 | 1.8523 | 1.8684 | 1.8943 |
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): | 46.04 | |
| MACD (12,26,9): | -0.0006 | |
| Directional Movement: | 3.8186 | |
| AROON (14): | 21.4286 | |
| DEMA (21): | 1.8063 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.8025 | |
| Elder Ray (13): | 0.0004 | |
| Super Trend (3,10): | 1.8153 | |
| Zig ZAG (10): | 1.8062 | |
| VORTEX (21): | 1.0119 | |
| Stochastique (14,3,5): | 56.43 | |
| TEMA (21): | 1.8079 | |
| Williams %R (14): | -64.10 | |
| Chande Momentum Oscillator (20): | 0.0012 | |
| Repulse (5,40,3): | -0.1098 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0066 | |
| Courbe Coppock: | 0.29 |
| MA7: | 1.8224 | |
| MA20: | 1.8261 | |
| MA50: | 1.8083 | |
| MA100: | 1.8097 | |
| MAexp7: | 1.8077 | |
| MAexp20: | 1.8075 | |
| MAexp50: | 1.8110 | |
| MAexp100: | 1.8174 | |
| Price / MA7: | -0.87% | |
| Price / MA20: | -1.07% | |
| Price / MA50: | -0.09% | |
| Price / MA100: | -0.17% | |
| Price / MAexp7: | -0.06% | |
| Price / MAexp20: | -0.05% | |
| Price / MAexp50: | -0.24% | |
| Price / MAexp100: | -0.59% |
Quotes :
2020-11-06 09:27:36
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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)
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Volatility In Commodities GBP/AUD
-
Risk on pressures GBPAUD
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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.
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